Barrington Area Council On Aging Inc
- Assets
- $1.5m
- Revenue
- $695.5k
- Investments
- $0.0
- Employees
- 7
- Location
- Barrington, IL
- Founding
- 02/1985
- Data as of
- 03/2022
- EIN
- 36-3337705
Organization Overview
Barrington Area Council On Aging Inc is located in Barrington, IL. The organization was established in 1985. 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 03/2022, Barrington Area Council On Aging Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barrington Area Council On 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 03/2022, Barrington Area Council On Aging Inc generated $695.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $566.2k during the year ending 03/2022. 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 BARRINGTON AREA COUNCIL ON AGING PROMOTES VIBRANT, HEALTHY AGING BY PROVIDING INFORMATION, ADVICE AND COUNSEL, EDUCATION AND SUPPORT TO ADULTS, CAREGIVERS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BACOA OFFERS A SERIES OF SUPPORT SERVICES FOR THOSE NEEDING CARE, CAREGIVERS, OR BOTH. SERVICES INCLUDE SUPPORT GROUPS FOR ALZHEIMER'S, CAREGIVERS AND LOW VISION. ADDITIONALLY, BACOA PROVIDES SUPPORT PROGRAMS TO ENABLE THE HEALTH-CHALLENGED AND THEIR CARE PARTNERS' BETTER METHODS TO COPE WITH THE STRESS OF ILLNESS, INCLUDING "A DAY OUT" RESPITE PROGRAM AND MEMORY CARE. BACOA ALSO HAS CERTIFIED SENIOR HEALTH INSURANCE PROGRAM COUNSELORS AND VOLUNTEERS TO ASSIST OLDER ADULTS AND FAMILY CAREGIVERS WITH ISSUES RELATED TO TO MEDICARE AND OTHER GOVERNMENT SERVICES. CLIENTS NEEDING ASSISTANCE WITH MEDICAL ISSUES OR SERVICE COORDINATION CAN RELY ON BACOA'S CRITICAL CARE PROGRAMMING TO HELP THEM WITH NEEDS RANGING FROM FULL GOVERNMENT SERVICE AND MEDICAL COORDINATION TO SIMPLE TRANSPORTATION.
BACOA'S MEALS WITH WHEELS PROGRAM ENSURES MORE THAN 4,000 NUTRITIOUS MEALS ARE ANNUALLY SERVED TO BARRINGTON AREA RESIDENTS UNABLE TO PREPARE MEALS FOR THEMSELVES EITHER BECAUSE OF POOR HEALTH OR LOW INCOME.
STUDIES HAVE DEMONSTRATED THAT ISOLATION AND LONELINESS ARE SERIOUS HEALTH RISKS AND LEAD TO ILLNESS AND PREMATURE DEATH - ESPECIALLY FOR OLDER ADULTS. "A DAY OUT" RESPITE PROGRAM PROVIDES AN OPPORTUNITY FOR THOSE WITH MILD COGNITIVE-RELATED ISSUES TO CONNECT AND ENGAGE WITH OTHERS WHILE ALSO PROVIDING CARE PARTNERS A NEEDED BREAK FROM CAREGIVING RESPONSIBILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr James Baird Director | OfficerTrustee | 2 | $0 |
Amy Graves President | OfficerTrustee | 3 | $0 |
Joseph Lucas Secretary | OfficerTrustee | 2 | $0 |
John Gigerich Treasurer | Trustee | 3 | $0 |
Sue Grossinger Director | Trustee | 2 | $0 |
Chris Breneman Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $250,942 |
| Related organizations | $0 |
| Government grants | $34,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $211,095 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $496,037 |
| Total Program Service Revenue | $60,727 |
| Investment income | $65,986 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,387 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $695,527 |
| 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. | $93,408 |
| Compensation of current officers, directors, key employees. | $5,995 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $251,380 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,255 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,499 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,504 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,803 |
| Office expenses | $33,873 |
| Information technology | $15,522 |
| Royalties | $0 |
| Occupancy | $6,657 |
| Travel | $0 |
| 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 | $1,060 |
| Insurance | $20,983 |
| All other expenses | $8,878 |
| Total functional expenses | $566,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $364,006 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,047 |
| 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 | $11,481 |
| Net Land, buildings, and equipment | $5,365 |
| Investments—publicly traded securities | $1,063,379 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,463,278 |
| Accounts payable and accrued expenses | $37,012 |
| 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 | $37,012 |
| Net assets without donor restrictions | $708,774 |
| Net assets with donor restrictions | $717,492 |
| 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 | $1,463,278 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Barrington Area Council On Aging Inc has recieved totaling $122,603.
| Awarding Organization | Amount |
|---|---|
Foglia Family Foundation Chicago, IL PURPOSE: GENERAL CHARITABLE PURPOSES | $25,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $22,214 |
Advocate Health And Hospitals Corporation Downers Grove, IL PURPOSE: SPONSOR EVENTS | $15,830 |
The Duchossois Family Foundation Chicago, IL PURPOSE: DANCING WITH THE STARS | $12,500 |
Barrington Area Community Foundation Barrington, IL PURPOSE: DEMENTIA | $11,000 |
The Duchossois Family Foundation Chicago, IL PURPOSE: BUILDING FUND | $10,000 |
Endowment Analysis
| Beg. Balance | $1,060,675 |
| Earnings | $1,163 |
| Ending Balance | $1,061,838 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presence Life Connections St Louis, MO | $45,499,774 | $56,108,464 |
Greater Wisconsin Agency On Aging Resources Inc Madison, WI | $13,731,196 | $42,134,890 |
Cicoa Aging & In Home Solutions Inc Indianapolis, IN | $13,970,745 | $32,334,743 |
Mather Investments Nfp Evanston, IL | $54,973,565 | $27,896,059 |
Ageoptions Inc Oak Park, IL | $9,043,942 | $30,051,990 |
Midwest Christian Villages Inc St Louis, MO | $29,643,290 | $22,119,810 |
Via Christi Healthcare Outreach Program For Elders Inc St Louis, MO | $16,535,796 | $24,624,185 |
Wesley Community Services Inc Johnston, IA | $11,288,058 | $20,573,990 |
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 |