Winchester Seniors Association Inc
- Assets
- $7.5m
- Revenue
- $953.3k
- Investments
- $0.0
- Employees
- 8
- Location
- Winchester, MA
- Founding
- 02/1977
- Data as of
- 03/2022
- EIN
- 04-2605467
Organization Overview
Winchester Seniors Association Inc is located in Winchester, MA. The organization was established in 1977. 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 03/2022, Winchester Seniors Association Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winchester Seniors Association 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 03/2022, Winchester Seniors Association Inc generated $953.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $420.1k during the year ending 03/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE WELL-BEING OF WINCHESTER SENIOR CITIZENS, TO CONDUCT AND PARTICIPATE IN ALL ACTIVITIES THAT BENEFIT WINCHESTER SENIOR CITIZENS AND TO DO AND PERFORM ANY AND ALL ACTS THAT MAY BE DONE LAWFULLY BY A CHARITABLE ORGANIZATION UNDER THE LAWS OF THE COMMONWEALTH OF MASSACHUSETTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONTHLY NEWSLETTER AND BULLETIN MAILED TO APPROXIMATELY 4,400 WINCHESTER SENIORS 55 YEARS OR OLDER.
EVENTS, PROGRAMS & ACTIVITIES INCLUDING TRIPS, SEWING, BRIDGE, LINE DANCING, CHESS, CRIBBAGE, MAH JONG EXERCISE, AND MORE.
MAINTENANCE AND UPKEEP OF A CENTER IN THE TOWN OF WINCHESTER TO PROVIDE SOCIAL, RECREATIONAL AND EDUCATIONAL SERVICES TO THE SENIOR POPULATION.
OPERATING COSTS OF A MEALS ON WHEELS PROGRAM TO PROVIDE AT HOME MEALS FOR THE ELDERLY POPULATION.
MONTHLY NEWSLETTER AND BULLETIN MAILED TO APPROXIMATELY 4,400 WINCHESTER SENIORS 55 YEARS OR OLDER.
EVENTS, PROGRAMS & ACTIVITIES INCLUDING TRIPS, SEWING, BRIDGE, LINE DANCING, CHESS, CRIBBAGE, MAH JONG EXERCISE, AND MORE.
MAINTENANCE AND UPKEEP OF A CENTER IN THE TOWN OF WINCHESTER TO PROVIDE SOCIAL, RECREATIONAL AND EDUCATIONAL SERVICES TO THE SENIOR POPULATION.
OPERATING COSTS OF A MEALS ON WHEELS PROGRAM TO PROVIDE AT HOME MEALS FOR THE ELDERLY POPULATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Hoffman Chair Of Finance Committee | OfficerTrustee | 10 | $0 |
Felicity Tuttle Secretary | OfficerTrustee | 10 | $0 |
Dorothy Mueller Assistant Treasurer | OfficerTrustee | 10 | $0 |
Christine Kowalczuk Senior Vice President | OfficerTrustee | 10 | $0 |
Mary Price Vice President | OfficerTrustee | 10 | $0 |
Robert Ain President | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $150,011 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,261 |
| Total Program Service Revenue | $110,880 |
| Investment income | $110,266 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $548,887 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $953,329 |
| 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 | $123,339 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,559 |
| Payroll taxes | $15,297 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $350 |
| Office expenses | $87 |
| Information technology | $7,222 |
| Royalties | $0 |
| Occupancy | $19,072 |
| Travel | $79,190 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,006 |
| Insurance | $2,451 |
| All other expenses | $34,890 |
| Total functional expenses | $420,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,676 |
| Savings and temporary cash investments | $27,578 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $250 |
| 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 | $10,628 |
| Net Land, buildings, and equipment | $76,920 |
| Investments—publicly traded securities | $7,189,574 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $95,941 |
| Total assets | $7,498,567 |
| Accounts payable and accrued expenses | $9,118 |
| 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 | $9,118 |
| Net assets without donor restrictions | $7,393,023 |
| Net assets with donor restrictions | $96,426 |
| 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 | $7,498,567 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Winchester Seniors Association Inc has recieved totaling $40,080.
| Awarding Organization | Amount |
|---|---|
Oneworld Boston Inc Woburn, MA PURPOSE: ELDER SERVICES | $35,000 |
Arthur Griffin Family Foundation Winchester, MA PURPOSE: SUPPORT ACTIVITY CENTER | $5,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $80 |
Endowment Analysis
| Beg. Balance | $7,023,282 |
| Earnings | $413,695 |
| Admin Expense | $35,265 |
| Other Expense | $212,138 |
| Ending Balance | $7,189,574 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Element Care Inc Lynn, MA | $83,865,974 | $102,077,849 |
Mystic Valley Elder Services Inc Malden, MA | $29,895,171 | $79,691,071 |
Central Boston Elder Services Inc Boston, MA | $36,084,793 | $71,391,953 |
Springwell Inc Waltham, MA | $26,869,035 | $61,604,301 |
Jewish Association For Services For The Aged New York, NY | $34,581,080 | $57,474,811 |
Southwest Boston Senior Services Inc Jamaica Plain, MA | $18,738,837 | $50,976,438 |
Boston Senior Home Care Inc Boston, MA | $18,709,649 | $46,611,722 |
Riseboro Community Partnership Inc Brooklyn, NY | $38,504,143 | $46,795,171 |
Elder Services Of Cape Cod And The Islands Inc South Dennis, MA | $14,977,853 | $43,360,495 |
Serenity Care Inc Andover, MA | $11,753,267 | $39,517,689 |
Foundation For The Elderly Inwood, NY | $9,324,447 | $36,299,710 |
Bristol Elder Services Inc Fall River, MA | $23,803,109 | $36,848,253 |