Vermont Association Of Area Agencies On Aging Inc
- Assets
- $374.8k
- Revenue
- $583.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Montpelier, VT
- Founding
- 11/2007
- Data as of
- 09/2021
- EIN
- 20-8854842
Organization Overview
Vermont Association Of Area Agencies On Aging Inc is located in Montpelier, VT. The organization was established in 2007. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2021, Vermont Association Of Area Agencies On Aging Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Association Of Area Agencies On Aging 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 09/2021, Vermont Association Of Area Agencies On Aging Inc generated $583.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $583.9k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE VERMONT ASSOCIATION OF AREA AGENCIES ON AGING (V4A) SUPPORTS AND STRENGTHENS VERMONT'S FIVE AREA AGENCIES ON AGING (AAA'S) TO ENSURE THAT ALL VERMONTERS ARE ABLE TO AGE WITH HEALTH, INDEPENDANCE AND DIGNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ASSESSMENT AND CASE MANAGEMENT SERVICES UNDER THE DEPARTMENT OF VETERANS' AFFAIRS VETERAN-DIRECTED HOME AND COMMUNITY BASED SERVICES PROGRAM. SERVICES ARE PROVIDED THROUGH CONTRACTS WITH THE FIVE VERMONT AREA AGENCIES ON AGING AND OTHER ORGANIZATIONS.
PROVIDE SUPPORT TO THE FIVE VERMONT AREA AGENCIES ON AGING. SUPPORT INCLUDES COMPUTER TECH DEVELOPMENT, PUBLIC AWARENESS, AND ADMINISTRATION OF STATEWIDE CONTRACTS.
PROVIDED PROGRAMS OF TRAINING FOR CASE MANAGERS EMPLOYED BY LOCAL AREA AGENCIES ON AGING. HOME HEALTH AGENCIES AND OTHER SIMILAR ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Hunt Executive Director | Officer | 40 | $58,711 |
Carol Stamatikis President | OfficerTrustee | 1 | $0 |
Meg Burmeister Secretary | OfficerTrustee | 1 | $0 |
Rosemary Greene Treasurer | OfficerTrustee | 1 | $0 |
Jane Catton Vice President | OfficerTrustee | 1 | $0 |
Mary Hayden Executive Director | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $473,608 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,070 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $475,678 |
| Total Program Service Revenue | $33,807 |
| Investment income | $118 |
| 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 | $583,133 |
| 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. | $58,711 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,360 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,800 |
| Payroll taxes | $8,920 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,001 |
| Fees for services: Lobbying | $43,380 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $703 |
| Office expenses | $2,142 |
| Information technology | $14,383 |
| Royalties | $0 |
| Occupancy | $1,682 |
| Travel | $108 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,194 |
| All other expenses | $41,030 |
| Total functional expenses | $583,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $212,610 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $161,771 |
| 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 | $375 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $374,756 |
| Accounts payable and accrued expenses | $178,255 |
| Grants payable | $0 |
| Deferred revenue | $9,486 |
| 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 | $0 |
| Total liabilities | $187,741 |
| Net assets without donor restrictions | $187,015 |
| 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 | $374,756 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vermont Association Of Area Agencies On Aging Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Medical Research Foundation Needham, MA | $9,824,950 | $46,333,953 |
Hope For Youth Inc Amityville, NY | $10,865,800 | $14,335,992 |
Lauren And Lee Fixel Family Foundation Inc New York, NY | $40,185,371 | $21,974,777 |
Joy In Childhood Foundation Inc Canton, MA | $7,582,989 | $8,931,292 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |
Mccance Foundation Tr North Scituate, MA | $91,930,926 | $3,999,038 |
Childrens Dyslexia Centers Inc Lexington, MA | $70,604,540 | $15,265,584 |
Hampton Classic Horse Show Inc Bridgehampton, NY | $1,702,497 | $4,948,481 |
Peggy Mcgrath Rockefeller Foundation New York, NY | $16,278,993 | $1,905,197 |
Loring Wolcott & Coolidge Charitable Tr - I Boston, MA | $103,000 | $4,276,644 |