Aging In America Inc
- Assets
- $35.5m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 2
- Location
- Purchase, NY
- Founding
- 10/1963
- Data as of
- 12/2021
- EIN
- 13-6126508
Organization Overview
Aging In America Inc is located in Purchase, NY. The organization was established in 1963. 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 12/2021, Aging In America Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aging In America 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 12/2021, Aging In America Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Aging In America Inc has awarded 24 individual grants totaling $2,399,483. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
AGING IN AMERICA, INC. PROVIDES INDIVIDUALS, FAMILIES, AND CAREGIVERS THE ASSISTANCE AND SUPPORT THEY NEED TO LIVE, WORK AND REMAIN A VITAL PART OF THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGING IN AMERICA (AIA) AND ITS RELATED ENTITIES SPONSORED NUMEROUS PROGRAMS TO PROMOTE OR IMPROVE HEALTH; FACILITATE ACCESS TO CARE; NURTURE INNOVATION; PROVIDE FINANCIAL ASSISTANCE, AND HELP TO PREPARE FUTURE LEADERS IN THE FIELD OF AGING SERVICES. AIA AND ITS RELATED ENTITIES SERVED FRAIL ELDERLY PERSONS WITH DIVERSIFIED PROGRAMMING AIMED AT INCREASING SELF-ESTEEM,SELF-RELIANCE AND ENHANCING EACH PERSON'S SENSE OF FREEDOM AND DIGNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr William T Smith PHD President/ceo | Officer | 36 | $483,259 |
Katharine M Weiss Chair | OfficerTrustee | 1 | $0 |
Douglas Hoffman Vice Chair | OfficerTrustee | 1 | $0 |
Neal Baumann Treasurer | OfficerTrustee | 1 | $0 |
Richard H Alteri PHD Secretary | OfficerTrustee | 1 | $0 |
Carlton L Mitchell Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,504 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,504 |
| Total Program Service Revenue | $0 |
| Investment income | $1,097,643 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $840,180 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,992,327 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $111,807 |
| 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. | $483,259 |
| Compensation of current officers, directors, key employees. | $483,259 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,070 |
| Pension plan accruals and contributions | $43,226 |
| Other employee benefits | $8,106 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,532 |
| Fees for services: Accounting | $75,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $97,525 |
| Fees for services: Other | $69,850 |
| Advertising and promotion | $0 |
| Office expenses | $30,027 |
| Information technology | $21,099 |
| Royalties | $0 |
| Occupancy | $45,621 |
| Travel | $14,692 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,661 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,633 |
| All other expenses | $0 |
| Total functional expenses | $1,108,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $384,374 |
| Savings and temporary cash investments | $515,710 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $0 |
| 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 | $6,288 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $24,193,366 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,388,312 |
| Total assets | $35,503,050 |
| Accounts payable and accrued expenses | $214,928 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $99,032 |
| 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 | $313,960 |
| Net assets without donor restrictions | $24,798,506 |
| Net assets with donor restrictions | $10,390,584 |
| 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 | $35,503,050 |
Grants Awarded
Over the last fiscal year, Aging In America Inc has awarded $105,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: SUPPORTING RESEARCH TO PERFORM DIALYSIS IN PATIENT'S HOMES | $30,000 |
White Plains, NY PURPOSE: DEMENTIA TRAINING | $25,000 |
Katonah, NY PURPOSE: SUPPORT SERVICES FOR SENIORS IN NORTHERN WESTCHESTER | $20,000 |
New York, NY PURPOSE: SUPPORTING SENIOR SERVICES IN NYC DUE TO COVID-19 | $15,000 |
Latham, NY PURPOSE: SUPPORT EDUCATIONAL DEVELOPMENT FOR STAFF/MANAGERS THROUGH TRAINING. | $7,500 |
Wallingford, CT PURPOSE: SUPPORT EDUCATIONAL DEVELOPMENT FOR STAFF/MANAGERS THROUGH TRAINING. | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Aging In America Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Thomas And Agnes Carvel Foundation Yonkers, NY PURPOSE: UNRESTRICTED GRANT | $50,000 |
Thomas And Agnes Carvel Foundation Yonkers, NY PURPOSE: UNRESTRICTED GRANT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aging Services Of North Central Massachusetts Inc Leominster, MA | $14,624,606 | $19,675,001 |
Southwestern Pennsylvania Area Charleroi, PA | $3,794,920 | $18,303,240 |
Elder Services Of Berkshire County Inc Pittsfield, MA | $9,516,425 | $19,015,967 |
Health And Social Services Consortium Inc Sharon, MA | $5,836,726 | $15,789,545 |
Regional Aid For Interim Needs Inc Bronx, NY | $8,633,241 | $14,474,585 |
Southwestern Connecticut Agency On Aging Inc Bridgeport, CT | $5,636,957 | $14,605,418 |
Agency On Aging Of South Central Connecticut Inc North Haven, CT | $13,700,521 | $15,421,651 |
Lifespan Of Greater Rochester Inc Rochester, NY | $9,941,084 | $14,510,334 |
New York Foundation For Senior Citizens Inc New York, NY | $13,582,730 | $12,552,678 |
Greater Boston Chinese Golden Age Center Inc Boston, MA | $9,742,938 | $12,906,257 |
Dorot Inc New York, NY | $35,059,991 | $15,081,294 |
Blair Senior Services Inc Altoona, PA | $9,557,910 | $10,335,546 |