Services & Advocacy For Gay Lesbian Bisexual & Transgender Elders Inc
- Assets
- $38.2m
- Revenue
- $19.2m
- Investments
- $4.6m
- Employees
- 114
- Location
- New York, NY
- Founding
- 09/1978
- Data as of
- 06/2022
- EIN
- 13-2947657
Organization Overview
Services & Advocacy For Gay Lesbian Bisexual & Transgender Elders Inc is located in New York, NY. The organization was established in 1978. According to its NTEE Classification (P88) the organization is classified as: LGBT Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Services & Advocacy For Gay Lesbian Bisexual & Transgender Elders Inc employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Services & Advocacy For Gay Lesbian Bisexual & Transgender Elders 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 06/2022, Services & Advocacy For Gay Lesbian Bisexual & Transgender Elders Inc generated $19.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $16.8m during the year ending 06/2022. While expenses have increased by 9.7% per year over the past 7 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.
Since 2015, Services & Advocacy For Gay Lesbian Bisexual & Transgender Elders Inc has awarded 58 individual grants totaling $3,753,893. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COUNTRY'S LARGEST AND OLDEST ORGANIZATION DEDICATED TO IMPROVING THE LIVES OF LGBTQ+ ELDERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT SERVICES: SAGE OFFERS INNOVATIVE SERVICES AND PROGRAMS TO LGBTQ+ OLDER PEOPLE NATIONWIDE - THROUGHOUT NEW YORK CITY AND THROUGH OUR NATIONAL AFFILIATE PROGRAM, SAGENET. FROM ARTS AND CULTURE, TO HEALTH AND WELLNESS AND MUCH MORE, SAGE'S INNOVATIVE SERVICES AND PROGRAMS SUPPORT THOUSANDS OF LGBTQ+ OLDER PEOPLE IN COMMUNITIES AROUND THE COUNTRY. ADDITIONALLY, SAGE PROGRAMS ARE OFTEN EXPANDED INTO VARIOUS SITES AROUND THE COUNTRY. SAGE TRAINS PROVIDERS OF SERVICES TO ELDERLY POPULATIONS IN THE BEST WAYS TO EFFECTIVELY SUPPORT AND ENGAGE LGBTQ+ ELDERS IN LONG-TERM CARE FACILITIES AND OTHER SETTINGS. OUR PREMIER LGBTQ+ CULTURAL COMPETENCE TRAINING, SAGECARE, DRAWS FOR THE BEST MINDS IN THE FIELD AND HAS BEEN SHOWN TO IMPROVE KNOWLEDGE AND SKILLS AMONG TRAINEES.
PUBLIC OUTREACH: SAGE ADVOCATES AT THE FEDERAL, STATE AND LOCAL LEVELS FOR PUBLIC POLICIES THAT WILL END DISCRIMINATION AND IMPROVE ECONOMIC SECURITY, COMMUNITY SUPPORT, HEALTH AND WELLNESS AMONG THE GROWING POPULATION OF LGBTQ+ OLDER PEOPLE AND OLDER PEOPLE LIVING WITH HIV. OUR FEDERAL POLICY PROGRAM WORKS TO ENSURE THAT POLICYMAKERS IN CONGRESS AND THE ADMINISTRATION ENACT POLICIES THAT ADDRESS THE NEEDS OF LGBTQ+ OLDER PEOPLE AND OLDER PEOPLE LIVING WITH HIV. ADDITIONALLY, SAGE WORKS WITH LOCAL LGBTQ+ ADVOCATES AROUND THE COUNTRY TO DEVELOP AND ACHIEVE THEIR LOCAL AND STATE POLICY AGENDAS. SAGE BUILDS THE CAPACITY OF LOCAL SAGE AFFILIATES NATIONWIDE TO PROVIDE SERVICES AND TO ENGAGE IN POLICY ADVOCACY THAT IMPROVES THE LIVES OF THEIR LOCAL CONSTITUTENTS. IN THE PROCESS, WE BUILD A NATIONAL, GRASSROOTS MOVEMENT. SAGE SUPPORTS PARTNERS ORGANIZATIONS IN OTHER COUNTRIES TO DEVELOP AND IMPLEMENT LGBTQ+ AGING PROGRAMS AND ENSURES LGBTQ+ OLDER ADULT INCLUSION IN INTERNATIONAL AGING AND HUMAN RIGHTS DISCUSSIONS.
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 |
|---|---|---|---|
Michael Adams Chief Executive Officer | Officer | 35 | $356,168 |
Lynn Faria Executive Vice President | Officer | 35 | $248,321 |
David Rivera-Garcia Executive Vice President/cfo | Officer | 35 | $227,263 |
David Paul Vincent Chief Program Officer | 35 | $170,834 | |
Hilary Meyer Chief Innovation & Impact | 35 | $170,656 | |
Joey Wasserman Senior Director Of Development | 35 | $152,930 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Spotless Services Cleaning Services | 6/29/22 | $199,385 |
Gfp Real Estate Llc Advertising & Mailing | 6/29/22 | $207,204 |
Alaniz Llc Advertising & Mailing | 6/29/22 | $124,535 |
Lenz Catering Food Service | 6/29/22 | $333,887 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,941 |
| Fundraising events | $838,189 |
| Related organizations | $0 |
| Government grants | $5,912,869 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,679,778 |
| Noncash contributions included in lines 1a–1f | $34,386 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,439,777 |
| Total Program Service Revenue | $700,927 |
| Investment income | $18,068 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,438 |
| Net Income from Fundraising Events | $1 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,168,277 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $314,812 |
| 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. | $945,018 |
| Compensation of current officers, directors, key employees. | $143,516 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,774,495 |
| Pension plan accruals and contributions | $178,459 |
| Other employee benefits | $1,034,871 |
| Payroll taxes | $559,233 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $45,650 |
| Fees for services: Lobbying | $137,457 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,563,886 |
| Advertising and promotion | $143,479 |
| Office expenses | $212,388 |
| Information technology | $526,824 |
| Royalties | $0 |
| Occupancy | $417,571 |
| Travel | $178,299 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $162,096 |
| Interest | $334,004 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $727,009 |
| Insurance | $69,157 |
| All other expenses | $273,499 |
| Total functional expenses | $16,827,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,716,451 |
| Savings and temporary cash investments | $4,704,498 |
| Pledges and grants receivable | $9,612,881 |
| Accounts receivable, net | $231,532 |
| 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 | $138,053 |
| Net Land, buildings, and equipment | $12,912,384 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,620,392 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $306,001 |
| Total assets | $38,242,192 |
| Accounts payable and accrued expenses | $1,321,970 |
| Grants payable | $0 |
| Deferred revenue | $167,768 |
| 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 | $7,386,356 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $280,737 |
| Total liabilities | $9,156,831 |
| Net assets without donor restrictions | $21,760,176 |
| Net assets with donor restrictions | $7,325,185 |
| 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 | $38,242,192 |
Grants Awarded
Over the last fiscal year, Services & Advocacy For Gay Lesbian Bisexual & Transgender Elders Inc has awarded $291,681 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: CONTRACTUAL PASS THROUGH | $82,290 |
San Francisco, CA PURPOSE: CONTRACTUAL PASS THROUGH | $51,500 |
Washington, DC PURPOSE: CONTRACTUAL PASS THROUGH | $47,891 |
Seattle, WA PURPOSE: CONTRACTUAL PASS THROUGH | $35,000 |
Washington, DC PURPOSE: CONTRACTUAL PASS THROUGH | $35,000 |
Brooklyn, NY PURPOSE: CONTRIBUTION | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Services & Advocacy For Gay Lesbian Bisexual & Transgender Elders Inc has recieved totaling $31,000.
| Awarding Organization | Amount |
|---|---|
The Johanna A Favrot Fund Houston, TX PURPOSE: SAGE SUPPORTS THE NEEDS OF THE ELDERS OF THE LGBTQIA+ COMMUNITY. THE PURPOSE OF THE GRANT IS TO SUPPORT GENERAL OPERATIONS. | $30,000 |
Anthony Ford Charitable Foundation Wilmington, DE PURPOSE: THE ANTHONY FORD DONOR ADVISED FUND | $1,000 |
Endowment Analysis
| Beg. Balance | $5,356,396 |
| Net Contributions | $1,547,666 |
| Ending Balance | $6,904,062 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Services & Advocacy For Gay Lesbian Bisexual & Transgender Elders Inc New York, NY | $38,242,192 | $19,168,277 |
Translash Media Inc Brooklyn, NY | $469,197 | $700,278 |
Jim Collins Foundation Inc New York, NY | $221,458 | $0 |
Corning Pride Inc Corning, NY | $31,695 | $0 |
The P E A C H Project Inc New York, NY | $0 | $0 |