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Filing year 2024

FRIENDSHIP ARK INC

Ames, Iowa·EIN 42-1489488·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$6.9M
Total assets
$7.1M
Total expenses
$5.6M
Reported officers
13
Mission

Friendship Ark, Inc. is a Faith-based, nonprofit corporation that provides HCBS residential waiver services to persons with intellectual disabilities

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Executive Dir.
Officer (Unspecified)
$133k
$143k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FRIENDSHIP ARK INC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
2%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 24%
over 2 years

From $107k in 2022 to $133k in 2024.

$107k
2022
$125k
2023
$133k
2024
In today's dollarsEst.
Up 17% in real terms$122k to $143k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FRIENDSHIP ARK INC

What are FRIENDSHIP ARK INC's revenue and expenses?

In 2024, FRIENDSHIP ARK INC reported $6.9M in total revenue and $5.6M in total expenses on its IRS Form 990.

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