FRIENDSHIP APARTMENT VILLAGE CORPORATION
367 HERSHBERGER RD NW, ROANOKE, VA 24012 www.friendship.us

Total Revenue
$4,814,358
Total Expenses
$5,110,391
Net Assets
$13,040,332

Organizations Filed Purposes: SUPPORTING FRIENDS BY PROVIDING PEACE OF MIND

LIFE LEASE AND RENTAL APARTMENTS FOR THE ELDERLY, THE CORPORATION OWNS AND OPERATES 315 UNITS, WITH A 88.3% OCCUPANCY RATE FOR THE FISCAL YEAR. ONE OF THE ADVANTAGES OF LIVING IN OUR RETIREMENT COMMUNITY IS THE OPPORTUNITY TO MOVE TO ONE OF OUR OTHER FACILITIES IF THE RESIDENT NEEDS A HIGHER LEVEL OF CARE SUCH AS ASSISTED LIVING OR A SKILLED NURSING FACILITY WITHOUT LEAVING THE COMMUNITY WHERE THEY HAVE DEVELOPED FRIENDSHIPS AND TIES. IN ADDITION, WE PROVIDE COUNSELING AND ASSISTANCE FOR THOSE WHO SUFFER FINANCIAL HARDSHIPS, AND WORK WITH THEM TO IDENTIFY SOLUTIONS IN AN ATTEMPT TO ALLOW THEM TO REMAIN IN THIER APARTMENTS.THE CORPORATION FURNISHES AN APARTMENT TO FRIENDSHIP HEALTH AND REHAB CENTER, INC, AND AN APARTMENT TO FRIENDSHIP HEALTH AND REHAB SOUTH, INC, RELATED NPOS, FOR NURSES WHO WORK SPECIAL SHIFTS, SUCH AS 8 HOURS AT WORK AND 8 HOURS OFF. THIS GIVES THE NURSES AN OPPORTUNITY TO GET ADEQUATE REST. IT ALSO HELPS MAINTAIN STAFF ON CAMPUS DURING EMERGENCY SITUATIONS. THE CORPORATION ALSO MAKES AVAILABLE 2 EFFICIENCY APARTMENTS FOR VISITORS TO OUR RESIDENTS AT NOMINAL RATES. EVENTS ARE PLANNED EACH MONTH FOR TRIPS IN THE AREA AND OCCASIONALLY OR OF THE AREA. THERE IS ALSO A CONTRACT REGISTERED NURSE FROM PROFESSIONAL HEALTH CARE SERVICES, INC., A RELATED CORPORATION, WHO VISITS RESIDENTS AND ADMINISTERS BLOOD PRESSURE CHECKS, B-12 SHOTS AND OTHER SIMILAR NEEDS.THE CORPORATION DISTRIBUTES A MONTHLY NEWSLETTER CALLED "THE FRIENDLY CIRCLE" TO THE RESIDENTS. IT IS FREE, HAS NO PAID ADVERTISING IN IT, AND CONTAINS ARTICLES AND A CALENDAR OF COMING EVENTS USEFUL TO THE RESIDENTS. THERE ARE ARTICLES BY THE DIRECTOR OF RESIDENTIAL SERVICES, PHARMACISTS, DOCTORS AND OTHER SUBJECTS THAT WOULD BE OF INTEREST TO THE RESIDENTS. THE LETTER ALSO CONTAINS A CALENDAR WITH THE MENU SPECIALS AND THE FRIENDSHIP PHARMACY CAFE.

RECREATION/CULTURAL CENTER. THE CENTER HAS A BILLIARDS ROOM, MEETING ROOMS, BANQUET FACILITIES, POOL, EXERCISE ROOMS, GAME ROOM, CRAFT ROOM AND CHAPEL. ONE OF THE ROOMS, CLUB FRIENDSHIP, IS USED FOR THE "FIRST FRIDAY" BREAKFAST AND VETERAN'S BREAKFAST. FOR FIRST FRIDAY THE CORPORATION PROVIDES A FREE BREAKFAST TO ALL RESIDENTS WHO PARTICIPATE. IT IS A VERY GOOD BUFFET-STYLE BREAKFAST WITH A WIDE SELECTION OF BREAKFAST FOODS AND FRUITS ON THE MENU. THERE ARE VOLUNTEERS AVAILABLE TO SERVE COFFEE AND JUICE AND TO HELP RESIDENTS WHO NEED ASSISTANCE. THERE ARE GENERALLY AROUND 80 RESIDENTS WHO PARTICIPATE IN THIS BREAKFAST.

ANNUNITY FUND. PAYMENTS TO RESIDENT ANNUITANTS. TWO ANNUITANTS RECEIVE BENEFITS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Benjamin HigginsDIRECTOR OF HEALTHCARE OPE1$0
Cindy MitchellBOARD SECRETARY1$0
C Michael ShannonCFO1$0
Joseph M HoffPRESIDENT & CEO1$0
Robert H SandelDIRECTOR1$0
Kathryn K OelschlagerDIRECTOR1$0
Robert C LawsonDIRECTOR1$0
Cynda A JohnsonDIRECTOR1$0
Lucian Y Grove JrDIRECTOR1$0
Edgar K BakerDIRECTOR1$0
Glen C CombsVICE CHAIRMAN1$0
Edwin R FeinourCHAIRMAN1$0

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