Friendship Village of Schaumburg reports $143,837 net loss for July

By Sarah Lizee

Olympia, Wash., Aug. 24 – Evangelical Retirement Homes of Greater Chicago, Inc., which does business as Friendship Village of Schaumburg, reported a $143,837 net loss for July on $4.3 million gross income, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Northern District of Illinois.

The cash balance at the end of the month was $10.96 million.

The Schaumburg, Ill.-based retirement community filed bankruptcy on June 9 under Chapter 11 case number 23-07541.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.