Leadingage New York Inc
- Assets
- $5.6m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 42
- Location
- Latham, NY
- Founding
- 01/1976
- Data as of
- 12/2022
- EIN
- 13-6260145
Organization Overview
Leadingage New York Inc is located in Latham, NY. The organization was established in 1976. According to its NTEE Classification (R25) the organization is classified as: Seniors Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2022, Leadingage New York Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadingage New York Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Leadingage New York Inc generated $3.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LEADINGAGE NEW YORK REPRESENTS NOT-FOR-PROFIT, MISSION-DRIVEN AND PUBLIC CONTINUING CARE PROVIDERS, INCLUDING NURSING HOMES, SENIOR HOUSING, ADULT CARE FACILITIES, CONTINUING CARE RETIREMENT COMMUNITIES, ASSISTED LIVING AND COMMUNITY SERVICE PROVIDERS AND ITS SERVICES FOR MEMEBERS, WHICH ARE NON-FOR-PROFITS AND GOVERNMENT-OPERATED ORGANIZATIONS PROVIDING LONG-TERM CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADINGAGE NEW YORK, INC. EXPERTS PROVIDE RESEARCH AND ANALYSIS ON STATE BUDGETS, LEGISLATION AND REGULATIONS RELATED TO AGING SERVICES ISSUES. THROUGH THIS PROCESS, LEADINGAGE NEW YORK, INC. DEVELOPS A PUBLIC POLICY AGENDA AND PROVIDES ADVOCACY AND EDUCATION FOR ITS NOT-FOR-PROFIT, MISSION-DRIVEN AGING SERVICES PROVIDER MEMBERS. LEADINGAGE NEW YORK, INC. WORKS TO ENSURE THAT SENIORS HAVE ACCESS TO QUALITY CARE SERVICES WHEN THEY NEED THEM AND WHERE THEY NEED THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glen Cooper Director | OfficerTrustee | 0.5 | $0 |
Stuart Almer Chair | OfficerTrustee | 0.5 | $0 |
Kimberley Townsend Director | Trustee | 0.5 | $0 |
Karen Zobel Chair | OfficerTrustee | 0.5 | $0 |
Bob Caulfield Ccrc Cabinet President | Trustee | 0.5 | $0 |
Tammy Schmidt Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hinman Straub Advisors Llc Lobbying And General Counsel | 12/30/21 | $287,978 |
B A Ventures Llc Facility Rent | 12/30/21 | $184,153 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $21,265 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,265 |
| Total Program Service Revenue | $2,648,617 |
| Investment income | $192,106 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,729 |
| 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 | $2,997,484 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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. | $439,019 |
| Compensation of current officers, directors, key employees. | $14,319 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $976,564 |
| Pension plan accruals and contributions | $137,504 |
| Other employee benefits | $213,370 |
| Payroll taxes | $134,845 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $189,105 |
| Fees for services: Accounting | $13,294 |
| Fees for services: Lobbying | $130,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,811 |
| Fees for services: Other | $165,343 |
| Advertising and promotion | $0 |
| Office expenses | $84,677 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $114,503 |
| Travel | $51,535 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,228 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,845 |
| Insurance | $23,545 |
| All other expenses | $0 |
| Total functional expenses | $3,224,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,047 |
| Savings and temporary cash investments | $25,932 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $465,838 |
| 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 | $81,792 |
| Net Land, buildings, and equipment | $23,711 |
| Investments—publicly traded securities | $3,735,238 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,183,824 |
| Total assets | $5,616,382 |
| Accounts payable and accrued expenses | $915,934 |
| Grants payable | $0 |
| Deferred revenue | $1,500 |
| 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 | $1,704,331 |
| Total liabilities | $2,621,765 |
| Net assets without donor restrictions | $2,994,617 |
| Net assets with donor restrictions | $0 |
| 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 | $5,616,382 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leadingage New York Inc Latham, NY | $5,616,382 | $2,997,484 |
Center For The Advocacy For The Rights & Interests Of The Elderly Philadelphia, PA | $639,889 | $2,620,297 |
Massachusetts Senior Action Council Inc Quincy, MA | $766,182 | $730,443 |
New Jersey Advocates For Aging Well Hamilton, NJ | $211,595 | $211,308 |
Montgomery County Korean Seniors Association North Wales, PA | $10,886 | $0 |
Voicesforseniors Deer Park, NY | $113 | $0 |