Penn Asian Senior Services Inc

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 12/2023, Penn Asian Senior Services Inc employed 957 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 12/2023, Penn Asian Senior Services Inc generated $34.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $30.4m during the year ending 12/2023. While expenses have increased by 12.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

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 2023 THE ORGANIZATION SERVED MORE THAN 750 CLIENTS, ASIAN AMERICAN SENIORS AND OTHER ADULTS WHO ARE DISADVANTAGED BY THEIR LANGUAGE AND CULTURAL BARRIERS. UNDER THE HOME CARE DIVISION, APPROX. 730 CLIENTS WERE SERVED IN THEIR OWN ETHNIC LANGUAGES. AN ADDITIONAL 198 ASIAN ELDERLY WERE SERVED IN ITS ADULT DAY CARE CENTER, WHICH WAS OPENED IN 2014.


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Board, Officers & Key Employees

Name (title)Compensation
Kenneth Yang
CEO
$134,871
Ben Choi
Director
$0
Brian M Duke Mha Mbe
Director
$0
Shirley Moy
Director
$0
Grace Wu Kong
Director
$0
Patricia Modafferi
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$87,092
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $161,601
All other contributions, gifts, grants, and similar amounts not included above$225,719
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$474,412
Total Program Service Revenue$33,378,564
Investment income $378,353
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 $34,305,930

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