Service Program For Older People Inc
- Assets
- $7.5m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 58
- Location
- New York, NY
- Founding
- 07/1979
- Data as of
- 06/2023
- EIN
- 13-2947616
Organization Overview
Service Program For Older People Inc is located in New York, NY. The organization was established in 1979. 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 06/2023, Service Program For Older People Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Service Program For Older People 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 06/2023, Service Program For Older People Inc generated $6.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $6.0m during the year ending 06/2023. While expenses have increased by 5.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE QUALITY OF LIFE FOR OLDER ADULTS AND TO FOSTER THEIR INDEPENDENT LIVING THROUGH THE DELIVERY OF COMPREHENSIVE MENTAL HEALTH AND SUPPORTIVE SERVICES, ADVOCACY AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENTAL HEALTH CLINIC: THE CLINIC PROVIDES MENTAL HEALTH CARE TO OLDER ADULTS, 55 AND OVER, EITHER IN OUR 91ST STREET OFFICE, IN THEIR HOMES, OR AT SATELLITE LOCATIONS THROUGHOUT MANHATTAN AND DOWNTOWN BROOKLYN, THE BRONX AND VIA TELEHEALTH. IN ADDITION TO THE PARTICIPANT REVENUE, THIS PROGRAM IS SUPPORTED BY GOVERNMENT CONTRACTS, INCLUDING NYC DEPARTMENT OF HEALTH & MENTAL HYGIENE AND NYC AGING AND PRIVATE FOUNDATIONS. SERVICES INCLUDE PSYCHIATRIC ASSESSMENTS AND EVALUATIONS, HEALTH SCREENINGS, INDIVIDUAL AND GROUP PSYCHOTHERAPY, MEDICATION MANAGEMENT, COORDINATION OF PHYSICAL AND MENTAL HEALTH CARE, AND SPECIALIZED SUBSTANCE ABUSE COUNSELING. THE CLINIC PROVIDES OVER 21,634 VISITS ANNUALLY TO 635 CLIENTS. THE CLINIC IS LICENSED BY THE NEW YORK STATE OFFICE OF MENTAL HEALTH.
PERSONALIZED RECOVERY ORIENTED SERVICES (PROS): PROS IS A COMPREHENSIVE RECOVERY ORIENTED PROGRAM FOR INDIVIDUALS WITH SEVERE AND PERSISTENT MENTAL ILLNESS. THIS PROGRAM RECEIVES ONGOING SUPPORT FROM GOVERNMENT GRANTS AND FOUNDATIONS AND WE BILL FOR SERVICES. THE ORGANIZATION'S PROS PROGRAM IS THE ONLY ONE IN NEW YORK STATE DEDICATED TO EXCLUSIVELY SERVING OLDER ADULTS 55 AND OLDER. THE PROGRAM IS DESIGNED TO PROMOTE RECOVERY AND REHABILITATION, HEALTH AND WELLNESS, ACHIEVEMENT OF LIFE GOALS, SUCCESSFUL MANAGEMENT OF SYMPTOMS OF MENTAL ILLNESS AND INDEPENDENT LIVING AND INTEGRATION INTO THE COMMUNITY. PROS IS LICENSED BY THE NEW YORK STATE DEPARTMENT OF MENTAL HEALTH.
GERIATRIC MENTAL HEALTH INITIATIVE: PROVIDES DEPRESSION AND SUBSTANCE USE SCREENING AND COUNSELING TO HOMEBOUND CLIENTS. SPOP PROVIDES BEREAVEMENT SUPPORT SERVICES FOR ADULTS OF ALL AGES. WE OFFER GROUP AND INDIVIDUAL SUPPORT TO RECENTLY WIDOWED PERSONS. IN ADDITION, THROUGH OUR EDUCATION AND TRAINING PROGRAM, WE OFFER EDUCATION AND TRAINING SESSIONS ON MENTAL HEALTH AND AGING ISSUES IN THE COMMUNITY.
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 |
|---|---|---|---|
Meaghan Atkinson ESQ President | OfficerTrustee | 2 | $0 |
Dennis Mcgettigan Vice President | OfficerTrustee | 1 | $0 |
Saee Joshi CFA Treasurer | OfficerTrustee | 1 | $0 |
Laura Wade West ESQ Secretary | OfficerTrustee | 1 | $0 |
Lois F Akner Lcsw Director | Trustee | 1 | $0 |
Shekera Algarin ESQ Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,245,204 |
| All other contributions, gifts, grants, and similar amounts not included above | $569,059 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,814,263 |
| Total Program Service Revenue | $2,479,381 |
| Investment income | $52,837 |
| 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 | $6,507,091 |
| 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. | $771,946 |
| Compensation of current officers, directors, key employees. | $157,809 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,094,509 |
| Pension plan accruals and contributions | $125,564 |
| Other employee benefits | $345,640 |
| Payroll taxes | $357,360 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $304,827 |
| Advertising and promotion | $6,397 |
| Office expenses | $113,649 |
| Information technology | $78,584 |
| Royalties | $0 |
| Occupancy | $525,702 |
| Travel | $13,379 |
| 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 | $16,128 |
| Insurance | $49,719 |
| All other expenses | $8,712 |
| Total functional expenses | $5,978,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,090 |
| Savings and temporary cash investments | $4,155,423 |
| Pledges and grants receivable | $171,814 |
| Accounts receivable, net | $560,773 |
| 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 | $54,274 |
| Net Land, buildings, and equipment | $22,669 |
| Investments—publicly traded securities | $274,323 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,953,037 |
| Total assets | $7,522,403 |
| Accounts payable and accrued expenses | $348,546 |
| 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 | $2,043,053 |
| Total liabilities | $2,391,599 |
| Net assets without donor restrictions | $4,893,304 |
| Net assets with donor restrictions | $237,500 |
| 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 | $7,522,403 |