FOX RUN VILLAGE INC

EIN: 522291271 501(c)(3) Housing & Shelter

NOVI, MI

Total Revenue
$71,628,461
Total Expenses
$72,853,668
Total Assets
$278,823,281
Net Assets
$-31,517,842
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MD
Principal Officer
MIKE ROSKIEWICZ
Phone
2486688600
Tax Period
2023-01-01 to 2023-12-31

FOX RUN VILLAGE INC, founded in 2000, is a mid-sized nonprofit in the Housing & Shelter sector that reported $71.6M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

PROVIDE A HOME FOR SENIORS THAT SATISFIES THEIR THREE PRIMARY NEEDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,382,410
Program Service Revenue $68,603,145
Investment Income $184,590
Other Revenue $458,316
TOTAL REVENUE $71,628,461

Expense Breakdown

Grants Paid $321,367
Salaries & Benefits $31,560,823
Fundraising Expenses $120,748
Program Expenses $60,150,167
Other Expenses $40,971,478
TOTAL EXPENSES $72,853,668

Year-over-Year Comparison

2023 2022 Change
Revenue $71,628,461 $75,521,604 -0.1%
Expenses $72,853,668 $82,952,471 -0.1%
Net Income $-1,225,207 $-7,430,867 -0.8%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
7
Employees
1119
Volunteers
216

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$929,389
Total Directors
16
$1,340,000
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARNOLD SPEERT DIRECTOR (THRU 3/31/23) 0.10
Director
$0 $0 $22,500
BARBARA C BISGAIER DIRECTOR 0.10
Director
$0 $0 $110,000
BILL WATSON RESIDENT DIRECTOR (BEG 4/1/23) 0.10
Director
$0 $0 $0
C JACKSON BAIN DIRECTOR (THRU 3/31/23) 0.10
Director
$0 $0 $22,500
EILEEN G ERSTAD TREASURER 0.10
Officer Director
$0 $0 $167,500
GARY CUMMINGS RESIDENT DIRECTOR (ALTERNATE) 0.20
Director
$0 $0 $0
GERI ANGEL RESIDENT DIRECTOR (THRU 3/31/23) 0.20
Director
$0 $0 $0
IAN BROWN VICE CHAIR & VP (BEG 4/1/23) 0.10
Officer Director
$0 $0 $65,000
MARY D COLINS SECRETARY 0.10
Officer Director
$0 $0 $150,000
MICHAEL W ROSKIEWICZ CHAIR & PRESIDENT 0.40
Officer Director
$0 $0 $110,000
MONTY C LEONARD DIRECTOR 0.10
Director
$0 $0 $87,500
PAMELA D PAULK DIRECTOR 0.10
Director
$0 $0 $87,500
PATRICIA M BROWN DIRECTOR 0.10
Director
$0 $0 $87,500
REV DR ZINA JACQUE DIRECTOR 0.10
Director
$0 $0 $215,000
RUSSELL SHARP DIRECTOR (BEG 4/1/23) 0.10
Director
$0 $0 $65,000
STEPHANIE L REEL DIRECTOR 0.10
Director
$0 $0 $150,000
ASHLEY BULAT EXECUTIVE DIRECTOR 40.00
Officer
$240,338 $19,701 $260,039
CHRIS RATHMANN ASSISTANT TREASURER 0.50
Officer
$0 $0 $0
GREGORY MEEHAN DIRECTOR, FINANCE 40.00
Officer
$162,039 $14,811 $176,850
JOHN HALL ASSISTANT TREASURER 0.50
Officer
$0 $0 $0
MARK EMBLEY ASSISTANT TREASURER 0.50
Officer
$0 $0 $0
NEAL GANTERT ASSISTANT TREASURER 0.50
Officer
$0 $0 $0
AMY BRENNAN MANAGER, SALES 40.00
Highest
$132,472 $6,012 $138,484
BRIAN TAYLOR SUPERVISOR, GROUNDS 40.00
Highest
$133,808 $14,263 $148,071
GEMILA BRONNER DIRECTOR, NURSING 40.00
Highest
$148,016 $4,916 $152,932
SHERI LUCIUS CLINICAL HEALTH CARE COUNSELOR 40.00
Highest
$125,487 $335 $125,822
TERRI KAVA MANAGER, REHABILITATION 40.00
Highest
$120,131 $16,433 $136,564
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $71,628,461 $72,853,668 $278,823,281 $-1,225,207
2022 $75,521,604 $82,952,471 $456,133,389 $-7,430,867
2021 $70,545,249 $81,340,276 $460,113,194 $-10,795,027
2020 $70,830,868 $72,890,634 $460,733,314 $-2,059,766
2019 $72,456,798 $79,734,694 $417,190,314 $-7,277,896
2018 $67,261,814 $74,431,931 $412,412,465 $-7,170,117
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