Everett Foundation For Aged Persons Inc
- Assets
- $2.0m
- Revenue
- $250.9k
- Investments
- $1.8m
- Employees
- 0
- Location
- Everett, MA
- Founding
- 12/1947
- Data as of
- 12/2022
- EIN
- 04-2062107
Organization Overview
Everett Foundation For Aged Persons Inc is located in Everett, MA. The organization was established in 1947. According to its NTEE Classification (G94) the organization is classified as: Geriatrics, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Everett Foundation For Aged Persons 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 12/2022, Everett Foundation For Aged Persons Inc generated $250.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $201.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Everett Foundation For Aged Persons Inc has awarded 25 individual grants totaling $522,822. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Maclaughlin President | 1 | $2,300 | |
Carolyn Lightburn Director | 1 | $900 | |
George Ahlin Director | 4 | $300 | |
Marjorie L Dacko Director | 2 | $300 | |
Rosemarie Imprescia Director | 1 | $200 | |
Lester Maclaughlin Director | 1 | $300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,789 |
| Dividends & Interest | $49,781 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $188,304 |
| Capital Gain Net Income | $188,304 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $250,874 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,900 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28,893 |
| Total operating and administrative expenses | $38,294 |
| Contributions, gifts, grants paid | $163,322 |
| Total expenses and disbursements | $201,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,891 |
| Savings and temporary cash investments | $99,932 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $1,147 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,985,751 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Everett Foundation For Aged Persons Inc has awarded $163,322 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BREAD OF LIFE INC PURPOSE: HELP FOR EVERETT SENIORS | $15,000 |
MYSTIC VALLEY ELDER SERVICES PURPOSE: HELP FOR EVERETT SENIORS | $30,000 |
CAMBRIDGE HEALTH ALLIANCE PURPOSE: NURSES ACTIVITIES WITHIN EVERETT | $61,322 |
THE COMMUNITY FAMILY PURPOSE: HELP FOR EVERETT SENIORS | $15,000 |
FRIENDS OF EVERETT LIBRARIES PURPOSE: HELP FOR EVERETT SENIORS | $12,000 |
TUFTS MEDICINE PURPOSE: HELP FOR EVERETT SENIORS | $10,000 |