Aging Services Inc
- Assets
- $11.8m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 32
- Location
- Hiawatha, IA
- Founding
- 07/1972
- Data as of
- 12/2021
- EIN
- 23-7085316
Organization Overview
Aging Services Inc is located in Hiawatha, IA. The organization was established in 1972. 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, Aging Services Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aging 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, Aging Services Inc generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) 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
TO PROVIDE SERVICES AND RESOURCES TO ASSIST OLDER ADULTS IN REMAINING IN THEIR HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MILESTONES & PATHWAYS ADULT DAY HEALTH CENTERS SERVED 548 CONSUMERS AND CAREGIVERS BY PROVIDING ADULT DAY SERVICES TO HEALTH-CHALLENGED INDIVIDUALS WHO MAY REQUIRE SUPPORT, SUPERVISION, AND STRUCTURE TO REMAIN AS INDEPENDENT AS POSSIBLE. WITHOUT THESE PROGRAMS, INDIVIDUALS WOULD BE FORCED TO MOVE TO NURSING HOMES OR OTHER CARE FACILITIES AT A MUCH HIGHER COST.
THE HOME ACCESSIBILITY & REPAIR PROGRAM COMPLETED 2,124 PROJECTS INCLUDING LAWN MOWING, SNOW REMOVAL AND MINOR HOME REPAIRS FOR 178 LOW-INCOME OLDER ADULTS ON A SLIDING FEE SCALE WHICH KEEPS PROPERTY OWNERS IN COMPLIANCE WITH CITY REGULATIONS AND ALLOWS SENIORS TO REMAIN SAFELY AT HOME.RESOURCE & REFERRAL SERVED 1130 OLDER ADULTS BY COORDINATING SERVICES THAT ALLOWED THEM TO REMAIN IN THEIR OWN HOMES IN THE COMMUNITY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Allen FR 0522 Board Member | Trustee | 1 | $0 |
Peg Bradke - Board Secretary (to 05/22)/board Vice Chair (fr 05/22) | OfficerTrustee | 1 | $0 |
Mike Bringolf FR 0522 Board Member | Trustee | 1 | $0 |
John Bryant To 0522 Board Member | Trustee | 1 | $0 |
Julie Damiano FR 0522 Board Member | Trustee | 1 | $0 |
Chuck Gardner To 0522 Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $348,994 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $600,464 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,890 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,054,348 |
| Total Program Service Revenue | $1,708,733 |
| Investment income | $137,211 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $545,506 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,445,855 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,044,056 |
| Pension plan accruals and contributions | $36,886 |
| Other employee benefits | $272,920 |
| Payroll taxes | $74,622 |
| Fees for services: Management | $224,800 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,439 |
| Fees for services: Other | $154,651 |
| Advertising and promotion | $4,986 |
| Office expenses | $157,942 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $247,842 |
| Travel | $2,959 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,464 |
| Interest | $17,411 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $262,909 |
| Insurance | $9,329 |
| All other expenses | $0 |
| Total functional expenses | $2,556,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $324,880 |
| Savings and temporary cash investments | -$216,772 |
| Pledges and grants receivable | $29,234 |
| Accounts receivable, net | $136,591 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $29 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,124 |
| Net Land, buildings, and equipment | $2,528,849 |
| Investments—publicly traded securities | $5,167,058 |
| Investments—other securities | $0 |
| Investments—program-related | $160,750 |
| Intangible assets | $0 |
| Other assets | $3,604,351 |
| Total assets | $11,750,094 |
| Accounts payable and accrued expenses | $217,499 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $391,847 |
| Unsecured mortgages and notes payable | $59,184 |
| Other liabilities | $9,170 |
| Total liabilities | $677,700 |
| Net assets without donor restrictions | $10,864,753 |
| Net assets with donor restrictions | $207,641 |
| 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 | $11,750,094 |