Area Agencies On Aging Association Of Michigan
- Assets
- $428.8k
- Revenue
- $598.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Lansing, MI
- Founding
- 06/1986
- Data as of
- 09/2023
- EIN
- 38-2662698
Organization Overview
Area Agencies On Aging Association Of Michigan is located in Lansing, MI. The organization was established in 1986. According to its NTEE Classification (V36) the organization is classified as: Gerontology, under the broad grouping of Social Science and related organizations. As of 09/2023, Area Agencies On Aging Association Of Michigan employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Area Agencies On Aging Association Of Michigan 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 09/2023, Area Agencies On Aging Association Of Michigan generated $598.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $603.2k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (16.3%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BE A COLLECTIVE VOICE AND TO TAKE COLLECTIVE ACTION TO PROMOTE HEALTHY AGING, DIGNITY AND INDEPENDENCE. SIGNIFICANT ACTIVITIES INCLUDE PROVIDING EDUCATION ON THE CHARACTERISTICS AND NEEDS OF MICHIGAN'S OLDER POPULATION AND YOUNGER POPULATION WITH DISABILITIES, AND CREATING AND EXPANDING PROGRAMS BENEFITING OLDER ADULTS AND YOUNGER PEOPLE WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES HOSTING MONTHLY MEMBER MEETINGS, RETREATS, AND OTHER MEETINGS, PRODUCING WEEKLY E-NEWSLETTERS FOR MEMBERS, PROVIDING INFORMATION ABOUT MEMBER AGENCIES TO LEGISLATORS, STATE OFFICIALS, NONPROFIT GROUPS, OLDER ADULTS, CAREGIVERS AND THE GENERAL PUBLIC, REPRESENTING MEMBERS IN MEETINGS WITH STATE OFFICIALS AND NONPROFIT GROUPS.
STRATEGIC INITIATIVE COMMITTEE IS A PROGRAM TO SUPPORT A FUTURE ENTITY THAT WILL FORM OUT OF THE ASSOCIATION TO FURTHER SERVICES TO THE 16 AREA AGENCIES.
MHEF. THIS INITIATIVE WAS FUNDED BY THE MICHIGAN HEALTH ENDOWMENT FUND, A NONPROFIT ORGANIZATION, TO EXPAND TWO WELLNESS PROGRAMS BENEFITING OLDER MICHIGANIANS STATEWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Wetherby President | OfficerTrustee | 1 | $0 |
Ron Taylor Vice President | OfficerTrustee | 1 | $0 |
Yaushica Aubert Secretary | OfficerTrustee | 1 | $0 |
Jon Mead Treasurer | OfficerTrustee | 1 | $0 |
Bob Brown Director | Trustee | 1 | $0 |
Pam Curtis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $186,541 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,541 |
| Total Program Service Revenue | $410,359 |
| Investment income | $1,945 |
| 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 | $598,845 |
| 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. | $111,828 |
| Compensation of current officers, directors, key employees. | $74,934 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,484 |
| Pension plan accruals and contributions | $4,468 |
| Other employee benefits | $8,376 |
| Payroll taxes | $13,794 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $60,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $288,022 |
| Advertising and promotion | $0 |
| Office expenses | $16,292 |
| Information technology | $6,615 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,843 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,045 |
| Interest | $345 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,019 |
| Insurance | $4,104 |
| All other expenses | $0 |
| Total functional expenses | $603,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $398,449 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,482 |
| 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 | $11,442 |
| Net Land, buildings, and equipment | $8,395 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $428,768 |
| Accounts payable and accrued expenses | $48,429 |
| Grants payable | $0 |
| Deferred revenue | $227,671 |
| 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 | $276,100 |
| Net assets without donor restrictions | $152,668 |
| 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 | $428,768 |