Aroostook Area Agency On Aging Inc
- Assets
- $1.4m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 120
- Location
- Presque Isle, ME
- Founding
- 07/1980
- Data as of
- 09/2021
- EIN
- 01-0322531
Organization Overview
Aroostook Area Agency On Aging Inc is located in Presque Isle, ME. The organization was established in 1980. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 09/2021, Aroostook Area Agency On Aging Inc employed 120 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aroostook Area Agency On Aging Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Aroostook Area Agency On Aging Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $4.3m during the year ending 09/2021. While expenses have increased by 7.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE, MAXIMIZE THE INDEPENDENCE AND PROMOTE THE WELL-BEING OF OLDER PEOPLE IN NORTHERN MAINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL SERVICES AND OTHER PROGRAMS TO PROVIDE FOOD, ADVOCACY, TRANSPORTATION, LEGAL AND OTHER SERVIES TO ASSIST THE ELDERLY CITIZENS IN NORTHERN MAINE
SOCIAL SERVICES AND OTHER PROGRAMS TO PROVIDE FOOD, ADVOCACY, TRANSPORTATION, LEGAL AND OTHER SERVIES TO ASSIST THE ELDERLY CITIZENS IN NORTHERN MAINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joy Barresi Exec Directo | Officer | $0 | |
James Tweedie V President | Officer | $0 | |
Durward Huffman Treasurer | Officer | $0 | |
Mary Anne Buck Secretary | Officer | $0 | |
Therese Dionne Director | Trustee | $0 | |
Martin Bernstein Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,047,313 |
| All other contributions, gifts, grants, and similar amounts not included above | $679,139 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,726,452 |
| Total Program Service Revenue | $2,250,044 |
| Investment income | $5,280 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,133,550 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,534,034 |
| Pension plan accruals and contributions | $32,475 |
| Other employee benefits | $0 |
| Payroll taxes | $637,566 |
| Fees for services: Management | $17,610 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,387 |
| Advertising and promotion | $5,792 |
| Office expenses | $34,092 |
| Information technology | $72,961 |
| Royalties | $0 |
| Occupancy | $121,301 |
| Travel | $34,432 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,175 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $31,407 |
| All other expenses | $102,327 |
| Total functional expenses | $4,328,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $753,260 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $48,359 |
| Accounts receivable, net | $447,653 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $160,568 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,409,840 |
| Accounts payable and accrued expenses | $81,103 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $81,103 |
| Net assets without donor restrictions | $1,282,738 |
| Net assets with donor restrictions | $45,999 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,409,840 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Aroostook Area Agency On Aging Inc has recieved totaling $49,539.
| Awarding Organization | Amount |
|---|---|
Maine Health Access Foundation Inc Augusta, ME PURPOSE: COVID-19 RESPONSE | $27,000 |
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Senior Centers, Transportation, COVID-19 Related Assistance | $22,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Maine Area Agency On Aging Augusta, ME | $6,966,372 | $11,551,874 |
Southern Maine Agency On Aging Biddeford, ME | $6,670,044 | $5,037,771 |
Crotched Mountain Community Care Inc Manchester, NH | $2,007,103 | $5,948,084 |
St Joseph Community Services Inc Merrimack, NH | $2,880,424 | $4,320,456 |
Aroostook Area Agency On Aging Inc Presque Isle, ME | $1,409,840 | $4,133,550 |
Eastern Agency On Aging Brewer, ME | $3,223,641 | $4,462,794 |
Grafton County Senior Citizens Council Inc Lebanon, NH | $3,948,127 | $4,104,899 |
Maine Long Term Care Ombudsman Program Augusta, ME | $537,789 | $1,252,808 |
Newport Senior Center Newport, NH | $2,725,455 | $1,181,960 |
Gibson Center For Senior Services Inc North Conway, NH | $4,576,030 | $1,436,233 |
Vinalhaven Eldercare Services- Resources Vinalhaven, ME | $931,969 | $746,629 |
People Plus Brunswick, ME | $627,111 | $596,558 |