Lifespan Resources Inc
- Assets
- $8.4m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 90
- Location
- New Albany, IN
- Founding
- 03/1975
- Data as of
- 06/2022
- EIN
- 35-1306887
Organization Overview
Lifespan Resources Inc is located in New Albany, IN. The organization was established in 1975. 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 06/2022, Lifespan Resources Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifespan Resources 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 06/2022, Lifespan Resources Inc generated $7.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $6.8m during the year ending 06/2022. While expenses have increased by 4.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS PROMOTING INDEPENDENT LIVING FOR PEOPLE OF ALL AGES. THE ORGANIZATION PROVIDES A COMPREHENSIVE NETWORK OF SERVICES TO PERSONS AGE SIXTY AND OLDER, AS WELL AS PROVIDING SERVICES FOR PERSONS OF ALL AGES WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAID SERVICES
HOME DELIVERED MEALS
CHOICE SERVICES
HEALTH SCREENING; OMBUDSMAN; LEGAL ASSISTANCE; TITLE IIIB SERVICES; PROGRAM FUNDING - SBA; IIIB COUNSELING; OMBUDSMAN - A.L.; OMBUDSMAN - TITLE VII; TRANSPORTATION - IIIB; FAMILY CAREGIVER; CASE MANAGEMENT - SSBG; INFORMATION - SSBG; TRANSPORTATION SERVICE - SSBG; SCOTT COUNTY - UW OUTREACH; CASE MANAGEMENT - IIIB; CASE MANAGEMENT - PAS; OPTIONS COUNSELING - SSBG; OPTIONS COUNSELING - CHOICE; CASE MANAGEMENT - CHOICE; CONGREGATE MEALS; MFP-HUB; ANTHEM; MEDICARE IMPROVEMENT; WAIVER INTAKE; VACCINE OUTREACH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lora Clark CEO | Officer | 40 | $124,973 |
Leslie Meek CFO | Officer | 40 | $85,969 |
Lucy Koester Cbdo | Officer | 40 | $77,609 |
Angela Marino COO | Officer | 40 | $72,685 |
Mary Alice Fortener Former Secretary | OfficerTrustee | 1 | $0 |
Tonya Fischer Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Black Diamond Termite & Pest Pest Control | 6/29/22 | $174,838 |
Stay At Home Care Dba Home Helpers Care Services | 6/29/22 | $120,890 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,601 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $361,183 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $376,784 |
| Total Program Service Revenue | $7,212,605 |
| Investment income | $179,337 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,100 |
| Net Income from Fundraising Events | $43,600 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,845,387 |
| 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. | $494,759 |
| Compensation of current officers, directors, key employees. | $21,641 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,036,122 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $551,263 |
| Payroll taxes | $259,058 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,430 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,912 |
| Fees for services: Other | $99,451 |
| Advertising and promotion | $18,660 |
| Office expenses | $37,414 |
| Information technology | $104,655 |
| Royalties | $0 |
| Occupancy | $72,151 |
| Travel | $30,581 |
| 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 | $139,800 |
| Insurance | $94,413 |
| All other expenses | $229,514 |
| Total functional expenses | $6,828,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,501,249 |
| Savings and temporary cash investments | $1,677,728 |
| Pledges and grants receivable | $535,050 |
| Accounts receivable, net | $300,179 |
| 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 | $2,958 |
| Net Land, buildings, and equipment | $663,980 |
| Investments—publicly traded securities | $2,734,663 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,415,807 |
| Accounts payable and accrued expenses | $387,545 |
| 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 | $0 |
| Total liabilities | $387,545 |
| Net assets without donor restrictions | $7,839,984 |
| Net assets with donor restrictions | $188,278 |
| 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 | $8,415,807 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Lifespan Resources Inc has recieved totaling $90,038.
| Awarding Organization | Amount |
|---|---|
Metro United Way Inc Louisville, KY PURPOSE: Transportation services | $41,138 |
Culbertson Home New Albany, IN PURPOSE: ASSIST NEEDY AND ELDERLY | $11,150 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $10,000 |
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: Community Relief Fund Grant | $9,500 |
Horseshoe Foundation Of Floyd County Inc New Albany, IN PURPOSE: GENERAL SUPPORT | $8,000 |
Community Foundation Of Southern Indiana Inc New Albany, IN PURPOSE: GENERAL SUPPORT THROUGH VINO & VOICES GALA | $5,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seniorage Area Agency On Aging Springfield, MO | $4,839,400 | $16,732,131 |
Aging And In-Home Services Of Ne In Fort Wayne, IN | $7,041,153 | $13,959,166 |
Ilife Llc Milwaukee, WI | $22,539,383 | $15,072,061 |
Lifestream Services Inc Yorktown, IN | $4,177,827 | $13,863,488 |
Senior Services Plus Inc Alton, IL | $10,671,398 | $13,136,947 |
Boone County Senior Citizen Service Corporation Columbia, MO | $7,183,435 | $11,569,288 |
Villa Health Care Inc Sherman, IL | $10,885,574 | $10,322,903 |
Southeast Missouri Area Agency On Aging Cape Girardeau, MO | $2,784,530 | $10,668,134 |
Central Missouri Area Agency On Aging Columbia, MO | $2,065,141 | $9,894,401 |
Northwestern Illinois Area Agency On Aging Rockford, IL | $1,728,698 | $8,905,917 |
East Central Illinois Area Agency On Aging Inc Bloomington, IL | $4,166,085 | $8,843,240 |
Aging And Community Services Of South Central Indiana Inc Columbus, IN | $2,562,772 | $8,836,932 |