Friends Of The Council On Aging
- Assets
- $70.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chelsea, MA
- Founding
- 05/1990
- Data as of
- 12/2021
- EIN
- 04-2970994
Organization Overview
Friends Of The Council On Aging is located in Chelsea, MA. The organization was established in 1990. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Council On Aging 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 12/2021, Friends Of The Council On Aging generated $8.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $5.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ADMINISTRATIVE SERVICES FOR THE CHELSEA COUNCIL ON ELDER AFFAIRS AND TO RUN SUPPORT PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurel Newson Chairperson | 2 | $0 | |
Joseph Vinard Treasurer | 2 | $0 | |
Pam Pattavina Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $3,275 |
| Membership dues | $0 |
| Investment income | $37 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,312 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $2,336 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,405 |
| Total expenses | $5,391 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,175 |
| Other assets | $0 |
| Total assets | $70,718 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,718 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Council On Aging has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Presbyterian & Reformed Adult Ministries Inc Flushing, NY | $13,773,181 | $9,913,948 |
Bergen Basin Commmunity Development Corporation Brooklyn, NY | $2,562,211 | $8,388,294 |
Age Well Inc Colchester, VT | $4,778,126 | $7,728,758 |
Western Connecticut Area Agency On Aging Inc Waterbury, CT | $3,714,113 | $8,361,310 |
Waveny Care Center Health Services Inc New Canaan, CT | $11,677,668 | $6,120,495 |
Eastern Connecticut Area Agency On Aging Inc Norwich, CT | $1,526,516 | $6,677,322 |
Community Agency For Senior Citizens Inc Staten Island, NY | $3,047,533 | $6,260,081 |
Fort Greene Council Inc Brooklyn, NY | $4,515,817 | $5,921,269 |
Neighborhood Self Help By Older Persons Project Inc Bronx, NY | $2,170,016 | $6,185,886 |
Presbyterian Senior Services New York, NY | $4,145,815 | $5,838,038 |
Services Now For Adult Persons Inc Queens Village, NY | $10,770,653 | $5,867,081 |
Service Program For Older People Inc New York, NY | $5,012,018 | $5,776,585 |