55 Kip Center

Organization Overview

55 Kip Center is located in Rutherford, NJ. The organization was established in 1990. 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 12/2022, 55 Kip Center employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 55 Kip Center 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 12/2022, 55 Kip Center generated $633.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $439.9k during the year ending 12/2022. While expenses have increased by 1.9% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE PHYSICAL, EMOTIONAL, EDUCATIONAL, SPIRITUAL WELL BEING OF OLDER ADULTS AND TO FACILITATE THEIR PARTICIPATION IN ALL ASPECTS OF COMMUNITY LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BRIDGE BUILDERS PROGRAM PROVIDES SERVICES AND ACTIVITIES TO SENIORS TO SUPPORT THEIR INDEPENDENCE, ENHANCE THEIR DIGNITY AND ENCOURAGE INVOLVEMENT IN THE CENTER AND THE COMMUNITY


CLASSES PROGRAM PROVIDES MEMBERS WITH LIFETIME LEARNING OPPORTUNITIES. COURSES ARE OFFERED IN A WIDE AREA OF INTERESTS INCLUDING COMPUTERS, DRAWING, WRITING AND CURRENT EVENTS


NUTRITION PROGRAM PROVIDES A DAILY LIGHT BREAKFAST, HOT LUNCHES AND HOME DELIVERED MEALS


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Board, Officers & Key Employees

Name (title)Compensation
Karla Mazza
President
$0
Glenn D Elliot
Trustee
$0
Priscilla Hipkins
Trustee
$0
Kristin Feliciano
Trustee
$0
Maria Teresa Gutierrez
Trustee
$0
Mary Upham
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$4,750
Fundraising events$0
Related organizations$0
Government grants $415,410
All other contributions, gifts, grants, and similar amounts not included above$96,063
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$516,223
Total Program Service Revenue$85,967
Investment income $1,028
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,100
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $26,210
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $633,528

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Blair Senior Services Inc
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Modern Maturity Center Inc
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$10,258,745
Fort Greene Council Inc
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$9,029,695
Presbyterian Senior Services
New York, NY
$9,436,617
Cheer Inc
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$11,290,749
Community Agency For Senior Citizens Inc
Staten Island, NY
$7,214,320
Episcopal Seniorlife Communities
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$7,228,894
Area Agency On Aging For The Counties Of Brad Sull Susq And Tio
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$6,580,429
Neighborhood Self Help By Older Persons Project Inc
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$7,019,204
Clearfield County Area Agency On Aging Inc
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$5,968,710

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