National Caucus And Center On Black Aging Inc is located in Washington, DC. The organization was established in 1983. 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 12/2023, National Caucus And Center On Black Aging Inc employed 1,388 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. National Caucus And Center On Black 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 12/2023, National Caucus And Center On Black Aging Inc generated $28.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $28.6m during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE QUALITY OF LIFE FOR AGING AND AGED BLACKS, BY PROVIDING A COMPREHENSIVE PROGRAM OF EDUCATION, INFORMATION, AND CONSULTING SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EMPLOYMENT, TRAINING, AND OTHER SERVICES TO OLDER WORKERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karyne Jones President An | Officer | 40 | $304,692 |
Elias Hussein Exec Vice Pr | 40 | $220,519 | |
Syed Naqvi It Administr | 40 | $167,936 | |
Debra Carter Sep Program | 40 | $152,060 | |
Tesfahun Muzeyen Comptroller | 40 | $115,953 | |
Kathryn Boles Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $28,277,703 |
All other contributions, gifts, grants, and similar amounts not included above | $549,475 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $28,827,178 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $28,827,178 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,179,348 |
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 | $12,372,038 |
Pension plan accruals and contributions | $156,673 |
Other employee benefits | $1,526,833 |
Payroll taxes | $939,001 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $45,820 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $181,874 |
Advertising and promotion | $2,262 |
Office expenses | $132,101 |
Information technology | $148,123 |
Royalties | $0 |
Occupancy | $601,798 |
Travel | $165,764 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,097 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $80,776 |
All other expenses | $5,249 |
Total functional expenses | $28,614,812 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,097,949 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $1,758,448 |
Accounts receivable, net | $25,286 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $50,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $56,371 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,155,641 |
Total assets | $4,143,695 |
Accounts payable and accrued expenses | $1,719,342 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,167,426 |
Total liabilities | $2,886,768 |
Net assets without donor restrictions | $1,256,927 |
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 | $4,143,695 |