Council On Aging For Southeastern Vermont Incorporated
- Assets
- $1.6m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 47
- Location
- Springfield, VT
- Founding
- 12/1986
- Data as of
- 09/2021
- EIN
- 22-2738766
Organization Overview
Council On Aging For Southeastern Vermont Incorporated is located in Springfield, VT. The organization was established in 1986. 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 09/2021, Council On Aging For Southeastern Vermont Incorporated employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council On Aging For Southeastern Vermont Incorporated 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, Council On Aging For Southeastern Vermont Incorporated generated $4.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $4.3m during the year ending 09/2021. While expenses have increased by 7.0% 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.
Since 2021, Council On Aging For Southeastern Vermont Incorporated has awarded 13 individual grants totaling $131,665. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROMOTE THE WELL-BEING AND DIGNITY OF OLDER ADULTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDIVIDUAL ADVOCACY - PROVIDED CASE MANAGEMENT, INFORMATION AND ASSISTANCE, HEALTH COUNSELING AND SPECIFIC ASSISTANCE SERVICES TO ELDERS IN WINDHAM AND WINDSOR COUNTY, VERMONT
INDEPENDENT LIVING - WORKED WITH LOCAL NON-PROFIT ORGANIZATIONS TO PROVIDE 216,000 CONGREGATE AND HOMEBOUND MEALS AND TRANSPORTATION TO ELDERS IN WINDHAM AND WINDSOR COUNTY, VERMONT
CAREGIVER SUPPORT - PROVIDED INFORMATION AND SUPPORT TO INDIVIDUALS WHO ARE CAREGIVERS FOR ELDERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Stamatakis Executive Director | Officer | 40 | $92,632 |
Mark Boutwell Executive Director | OfficerTrustee | 40 | $76,191 |
Geralyn Kogut Vice-President | OfficerTrustee | 2 | $0 |
Barbara Woods President | OfficerTrustee | 2 | $0 |
Jim Matteau Treasurer | OfficerTrustee | 2 | $0 |
Teresa Volta Member | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,991,017 |
| All other contributions, gifts, grants, and similar amounts not included above | $298,348 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,289,365 |
| Total Program Service Revenue | $71,141 |
| Investment income | $522 |
| 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 | $4,361,028 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $131,666 |
| Grants and other assistance to domestic individuals. | $170,007 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $134,915 |
| Compensation of current officers, directors, key employees. | $101,186 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,440,363 |
| Pension plan accruals and contributions | $16,163 |
| Other employee benefits | $241,638 |
| Payroll taxes | $124,424 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $103,301 |
| Fees for services: Lobbying | $2,419 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $253 |
| Office expenses | $157,865 |
| Information technology | $72,401 |
| Royalties | $0 |
| Occupancy | $129,746 |
| Travel | $37,990 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,028 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $18,630 |
| All other expenses | $0 |
| Total functional expenses | $4,294,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,416 |
| Savings and temporary cash investments | $1,092,065 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $386,708 |
| 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 | $71,165 |
| Net Land, buildings, and equipment | $2,865 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,584,219 |
| Accounts payable and accrued expenses | $273,955 |
| Grants payable | $0 |
| Deferred revenue | $797,251 |
| 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 | $1,071,206 |
| Net assets without donor restrictions | $487,707 |
| Net assets with donor restrictions | $25,306 |
| 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 | $1,584,219 |
Grants Awarded
Over the last fiscal year, Council On Aging For Southeastern Vermont Incorporated has awarded $131,665 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Woodstock, VT PURPOSE: support of senior center and meals | $15,000 |
Bellows Falls, VT PURPOSE: support of senior center and meals | $15,000 |
White River Junction, VT PURPOSE: support of senior center and meals | $15,000 |
Ludlow, VT PURPOSE: support of senior center and meals | $15,000 |
Townshend, VT PURPOSE: support of senior meals | $8,333 |
DAM DINER PURPOSE: support of senior meals | $8,333 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Council On Aging For Southeastern Vermont Incorporated has recieved totaling $46,132.
| Awarding Organization | Amount |
|---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $25,000 |
Meals On Wheels America Arlington, VA PURPOSE: PROJECT SUPPORT AND OTHER SERVICES | $16,072 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,060 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aging Services Of North Central Massachusetts Inc Leominster, MA | $14,624,606 | $19,675,001 |
Elder Services Of Berkshire County Inc Pittsfield, MA | $9,516,425 | $19,015,967 |
Health And Social Services Consortium Inc Sharon, MA | $5,836,726 | $15,789,545 |
Regional Aid For Interim Needs Inc Bronx, NY | $8,633,241 | $14,474,585 |
Lifespan Of Greater Rochester Inc Rochester, NY | $9,941,084 | $14,510,334 |
New York Foundation For Senior Citizens Inc New York, NY | $13,582,730 | $12,552,678 |
Greater Boston Chinese Golden Age Center Inc Boston, MA | $9,742,938 | $12,906,257 |
Dorot Inc New York, NY | $35,059,991 | $15,081,294 |
United Presbyterian & Reformed Adult Ministries Inc Flushing, NY | $13,773,181 | $9,913,948 |
Bergen Basin Commmunity Development Corporation Brooklyn, NY | $2,562,211 | $8,388,294 |
Age Well Inc Colchester, VT | $4,778,126 | $7,728,758 |
Community Agency For Senior Citizens Inc Staten Island, NY | $3,047,533 | $6,260,081 |