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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Sayre Village Phase III Inc.

Sayre Village Phase III Inc.

Fiscal year ending 2024. Filed on March 13, 2025.

3816 Camelot Drive
Lexington, Kentucky 40503

Sayre Village Phase III Inc. (EIN: 61-1088950), also known as Friendship Towers, has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Sayre Village Phase III Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 87 total employees. Among the employees shown here, the average compensation is $140,942. The highest compensated employee at Sayre Village Phase III Inc. is Karen Venis with fiscal year 2024 compensation of $265,903.

Revenue, expenses, and employee compensation

Revenue

$5,885,998

Expenses

$5,363,553

Employee compensation

$1,803,439
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Karen Venis
Chief Executive Officer
$265,903
$0 $265,903 No other comp
Neil Bedwell
Chief Financial Officer
$87,835
$0 $87,835 No other comp
John Dundon
Former Chief Financial OFF
$69,088
$0 $69,088 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Elise Hinchman
Non-Voting Board Member
$148,995
$0 $142,649 $6,346
Vicki Phillips
Non-Voting Board Member
$105,308
$0 $105,308 No other comp
Ron Ring
Former President
No compensation reported
Dee Herndon
Vice President
No compensation reported
Nancy Skiba
Treasurer
No compensation reported
Jl Lynn
Board Member
No compensation reported
Evan Mossbarger
Board Member
No compensation reported
Jeff Yeary
Board Member
No compensation reported
Kennetha Keinath
Board Member
No compensation reported
Jerry Kelly
Board Member
No compensation reported
Wayne Logan
Board Member
No compensation reported
Benjamin Buckley
President
No compensation reported

Contractors

Gordon Food Service
Food
$321,995

Mission Statement

FRIENDSHIP TOWERS OFFERS INDEPENDENT LIVING AND CERTIFIED ASSISTED LIVING OPTIONS FOR RESIDENTS WHO WISH TO MAINTAIN THEIR INDEPENDENCE WHILE HAVING 24-HOUR ACCESS TO CARE, AS WELL AS FOR THOSE WHO NEED EXTRA SUPPORT WITH DAILY ACTIVITIES, DINING, AND HEALTH SERVICES. AS PART OF THE LARGER SAYRE CHRISTIAN VILLAGE CAMPUS, FRIENDSHIP TOWERS IS SEAMLESSLY INTEGRATED INTO A COMMUNITY DEDICATED TO PROVIDING QUALITY HOUSING, REHABILITATIVE SERVICES AND LONG-TERM NURSING CARE REFLECTING CHRISTIAN COMPASSION FOR EVERYONE.

Revisions to this organization profile

March 13, 2025:
2024 Sayre Village Phase III Inc. 990 filed
June 5, 2024:
2023 Sayre Village Phase III Inc. 990 filed
August 14, 2023:
2022 Sayre Village Phase III Inc. 990 filed

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