Penn Asian Senior Services Inc
- Assets
- $17.4m
- Revenue
- $24.6m
- Investments
- $0.0
- Employees
- 909
- Location
- Philadelphia, PA
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 20-2643138
Organization Overview
Penn Asian Senior Services Inc is located in Philadelphia, PA. The organization was established in 2006. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Penn Asian Senior Services Inc employed 909 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Penn Asian Senior Services 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, Penn Asian Senior Services Inc generated $24.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $23.5m during the year ending 12/2021. While expenses have increased by 11.9% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE WELL BEING OF ASIAN AMERICAN SENIORS AND OTHER ADULTS WHO ARE DISADVANTAGED BY THEIR LANGUAGE BARRIER AND OTHER CULTURAL BARRIERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021 THE ORGANIZATION SERVED MORE THAN 700 CLIENTS, ASIAN AMERICAN OLDER ADULTS AND OTHER ADULTS WHO MIGHT OTHERWISE BE DISADVANTAGED BY THEIR LANGUAGE AND CULTURAL BARRIERS FROM GAINING ACCESS TO USEFUL SUPPORTS AND SERVICES. UNDER THE HOME CARE DEPARTMENT, APPROXIMATELY 550 CLIENTS WERE SERVED WITH IN-HOME PERSONAL ASSISTANCE IN THEIR OWN RESPECTIVE NATIVE LANGUAGES. IN ADDITION, APPROXIMATELY 100 UNIQUE CLIENTS WERE PROVIDED CONGREGATE SERVICES AT THE ORGANIZATION'S ADULT DAY CENTER, PENN ASIAN JUBILEE CENTER, WHICH WAS OPENED IN 2014. FINALLY, PASSI SERVED AT LEAST 50 ADDITIONAL UNIQUE CLIENTS THROUGH ITS SOCIAL SERVICES PROGRAM, PASSI PACE CENTER, WHICH PROVIDES ASIAN AMERICAN OLDER ADULTS AND OTHER ADULTS WITH ONE-ON-ONE ASSISTANCE WITH A WIDE VARIETY OF PUBLIC BENEFIT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Yang Executive Director | OfficerTrustee | 40 | $107,770 |
Im Ja Choi Retired 63021 Chief Executive Officer | Officer | 40 | $74,170 |
Pearl Lee Treasurer | OfficerTrustee | 1 | $0 |
David A Miller Chair | OfficerTrustee | 1 | $0 |
Oscar P Vance Jr Vice Chair | OfficerTrustee | 1 | $0 |
Dr Binh P Le Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $51,999 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $347,682 |
| All other contributions, gifts, grants, and similar amounts not included above | $105,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $504,681 |
| Total Program Service Revenue | $24,021,827 |
| Investment income | $13,350 |
| 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 | $24,577,068 |
| 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. | $748,766 |
| Compensation of current officers, directors, key employees. | $74,877 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,709,084 |
| Pension plan accruals and contributions | $204,623 |
| Other employee benefits | $180,328 |
| Payroll taxes | $1,628,041 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,402 |
| Fees for services: Accounting | $60,847 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,333 |
| Advertising and promotion | $87,544 |
| Office expenses | $217,905 |
| Information technology | $82,015 |
| Royalties | $0 |
| Occupancy | $156,597 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,208 |
| Interest | $46,965 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $291,608 |
| Insurance | $82,274 |
| All other expenses | $0 |
| Total functional expenses | $23,486,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $890 |
| Savings and temporary cash investments | $6,217,404 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,416,623 |
| 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 | $64,305 |
| Net Land, buildings, and equipment | $8,709,291 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,408,513 |
| Accounts payable and accrued expenses | $2,427,595 |
| Grants payable | $0 |
| Deferred revenue | $100,000 |
| 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 | $1,334,011 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,861,606 |
| Net assets without donor restrictions | $13,546,907 |
| 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 | $17,408,513 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Penn Asian Senior Services Inc has recieved totaling $148,837.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Philadelphia And Southern New Jersey Philadelphia, PA | | $74,500 |
Philadelphia Foundation Philadelphia, PA PURPOSE: SERVING SENIORS | $25,000 |
Leo And Peggy Pierce Family Foundation Inc Radnor, PA PURPOSE: REDUCING HUNGER FOR ASIAN AMERICAN SENIORS | $20,000 |
Fund For Philadelphia Inc Philadelphia, PA PURPOSE: Program Funding | $19,264 |
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: HUNGER | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $73 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Johns Hopkins Home Care Group Inc Baltimore, MD | $89,551,753 | $46,166,199 |
Christiana Care Home Health And Community Services Inc Wilmington, DE | $27,979,430 | $46,063,063 |
Sunnyside Home Care Project Inc Long Island City, NY | $13,373,084 | $45,663,585 |
Concordia Visiting Nurses Cabot, PA | $20,143,291 | $45,332,880 |
Home Attendant Service Of Hyde Park Inc Brooklyn, NY | $16,110,375 | $32,637,387 |
Human Care Services For Families & Children Inc Brooklyn, NY | $35,822,270 | $34,127,182 |
The Visiting Nurse Association Of Greater Philadelphia Philadelphia, PA | $4,470,300 | $25,813,966 |
Home Health Management Services Inc Bronx, NY | $12,973,416 | $29,036,744 |
Vna Home Health Services York, PA | $53,692,170 | $29,151,810 |
Henry J Austin Health Center Inc Trenton, NJ | $16,813,946 | $30,973,026 |
Metropolitan Jewish Home Care Inc Brooklyn, NY | $23,191,876 | $37,748,393 |
Home Care Services For Independent Living Inc Brooklyn, NY | $7,771,679 | $27,802,137 |