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Filing year 2024

FRIENDSHIP RETIREMENT CORPORATION

Glendale, Arizona·EIN 86-0265218·NTEE P750 · Human Services·501(c)(3)
Total revenue
$29.4M
Total assets
$24.3M
Total expenses
$29.3M
Reported officers
16
Mission

OUR MISSION IS TO EMPOWER PEOPLE TO LIVE THEIR BEST LIVES, AND OUR VISION IS TO BE THE PREMIER PROVIDER OF AFFORDABLE SERVICES ENRICHING QUALITY OF LIFE FOR EVERYONE AT EVERY STAGE OF LIFE. TO ACCOMPLISH, OUR VALUES SHALL INCLUDE:INTEGRITY - WE ADHERE TO THE HIGHEST ETHICAL STANDARDS.COMPASSION - WE ARE SENSITIVE TO EVERY PERSON'S UNIQUE NEEDS.EXCELLENCE - WE ARE ACCOUNTABLE TO DELIVER EXCELLENCE IN OUR WORK.INNOVATION - WE DEVELOP AND GROW BY PROVIDING LEADING-EDGE SERVICES.SUSTAINABILITY - WE USE RESOURCES EFFICIENTLY.COLLABORATION - WE FURTHER OUR MISSION THROUGH COOPERATIVE EFFORTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Human Services organizations in Arizona.

CEO
Above 90th percentile
$375k
$390k
Base
$342k
Bonus
$28k
Other
Benefits
Chief Health Officer
Highest Compensated Employee
Median to 75th percentile
$197k
$205k
Base
$172k
Bonus
$18k
Other
Benefits
$4k
Cao
Highest Compensated Employee
Median to 75th percentile
$191k
$198k
Base
$179k
Bonus
Other
Benefits
$10k
Chief People Officer
Highest Compensated Employee
Median to 75th percentile
$188k
$195k
Base
$178k
Bonus
Other
Benefits
$6k
CFO (as of 01/2024)
Median to 75th percentile
$155k
$161k
Base
$151k
Bonus
Other
Benefits
$2k
Executive Director Foundation
Median to 75th percentile
$107k
$112k
CFO (thru 01/2024)
10th to 25th percentile
$11k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Phoenix-Mesa-Scottsdale, AZ metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FRIENDSHIP RETIREMENT CORPORATION equaled 1% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
1%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 6%
from 2023

From $354k in 2023 to $375k in 2024.

$354k
2023
$375k
2024
In today's dollarsEst.
Up 4% in real terms$376k to $390k

Estimated with Phoenix-Mesa-Scottsdale, AZ metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue held roughly steady.

$354k in 2023 to $375k in 2024.
  • Highest Compensated Employee pay rose 24% from 2023 to 2024.
  • Chief Financial Officer pay fell 6% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 RETIREMENT CORPORATION

What does the Chief Executive Officer of FRIENDSHIP RETIREMENT CORPORATION earn?

In 2024, the Chief Executive Officer of FRIENDSHIP RETIREMENT CORPORATION received $374,857 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Human Services organizations in Arizona: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FRIENDSHIP RETIREMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Human Services organizations in Arizona, the 2024 pay of the Chief Executive Officer at FRIENDSHIP RETIREMENT CORPORATION falls in the top 10%. In 2024, the highest total compensation at FRIENDSHIP RETIREMENT CORPORATION equaled 1% of the organization's total expenses. The median for human services organizations is 8%.

What are FRIENDSHIP RETIREMENT CORPORATION's revenue and expenses?

In 2024, FRIENDSHIP RETIREMENT CORPORATION reported $29.4M in total revenue and $29.3M in total expenses on its IRS Form 990.

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