Townsend Aid For The Aged
- Assets
- $3.4m
- Revenue
- $294.8k
- Investments
- $3.3m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 12/1943
- Data as of
- 04/2022
- EIN
- 05-6009549
Organization Overview
Townsend Aid For The Aged is located in Dallas, TX. The organization was established in 1943. 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. Townsend Aid For The Aged 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 04/2022, Townsend Aid For The Aged generated $294.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $156.3k during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America Agent For Fiduciary | 1 | $31,612 | |
Marylou Chase Secretary | 1 | $0 | |
Nanci Stewart Asst Treasurer | 1 | $0 | |
Gina Autieri Treasurer | 1 | $0 | |
Susan Kelchner Vice President | 1 | $0 | |
Caroline Kaull President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $69,808 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $224,989 |
| Capital Gain Net Income | $224,989 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $294,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,612 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,125 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,790 |
| Total operating and administrative expenses | $50,777 |
| Contributions, gifts, grants paid | $105,500 |
| Total expenses and disbursements | $156,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,874 |
| Savings and temporary cash investments | $71,436 |
| 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 | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,416,878 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Townsend Aid For The Aged Dallas, TX | $3,416,878 | $294,797 |
Charles Jago Elder Foundation Inc Houston, TX | $0 | $128,861 |
Arkansas Association Of Area Agencies On Aging Magnolia, AR | $206,852 | $0 |
Texas Association Of Area Agencies On Aging Austin, TX | $216,318 | $0 |
Aged & Indigent Womens Fund Dallas, TX | $1,026,621 | -$26,985 |
Great Age Movement Houston, TX | $141,266 | $0 |