Newbridge Madison Inc
- Assets
- $987.1k
- Revenue
- $2.2m
- Investments
- $236.0
- Employees
- 45
- Location
- Madison, WI
- Founding
- 06/1980
- Data as of
- 12/2021
- EIN
- 39-1211331
Organization Overview
Newbridge Madison Inc is located in Madison, WI. The organization was established in 1980. 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 12/2021, Newbridge Madison Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newbridge Madison 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, Newbridge Madison Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 25.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS EXPERTS, ADVOCATES AND RESPONSIBLE STEWARDS PRIMARILY TO EMPOWER OLDER ADULTS IN NEED OF SUPPORT TO ACCESS AFFORDABLE RESOURCES TO MAINTAIN THEIR HEALTH, SAFETY, INDEPENDENCE AND COMMUNITY CONNECTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASE MANAGEMENT- PROVIDE SENIOR ADULTS THE SUPPORT, RESOURCES, AND COMMUNITY SERVICES THEY NEED TO SAFELY REMAIN IN THEIR OWN HOMES. CASE MANAGERS CONDUCT HOME VISITS TO ASSESS THE INDIVIDUAL NEEDS OF EACH SENIOR ADULT AND THEN PROVIDE INFORMATION, REFERRALS, AND ADVOCACY ACCORDING TO THOSE NEEDS. SOME INDIVIDUALS ARE LOOKING FOR SHORT-TERM INFORMATION WHILE OTHERS BENEFIT FROM ONGOING SUPPORT.
NUTRITION AND DIETICIAN- PROVIDES NUTRITIOUS LUNCHEONS FOR SENIOR ADULTS AT VARIOUS LOCATIONS THROUGHOUT MADISON AND MONONA. IN ADDITION TO A DELICIOUS FULL MEAL, SOCIALIZATION, ENTERTAINMENT, AND EDUCATIONAL PROGRAMS ARE PROVIDED PRIOR TO THE MEAL. GUESTS 60 YEARS OF AGE OR OLDER ARE ASKED TO PROVIDE AN ANONYMOUS DONATION. GUESTS UNDER 60 YEARS OF AGE ARE ASKED TO PAY THE FULL COST OF THE MEAL. THE FUNDING ALSO PAYS FOR A LICENSED DIETICIAN TO ASSIST IN THE DEVELOPMENT OF THE LUNCHES OFFERED AS WELL AS WORKING WITH INDIVIDUAL SENIORS.
DIVERSITY AND INCLUSION - PROVIDES SERVICES TO SUPPORT THE AFRICAN AMERICAN AND LATINO SENIOR ADULTS BY REDUCING ISOLATION. THE PROGRAM IDENTIFIES THE BARRIERS THAT PREVENT THESE SENIORS FROM ACCESSING COMMUNITY SERVICES AND ASSISTS IN REMOVING THESE OBSTACLES. PROGRAMS CENTER ON SOCIALIZATION AND BUILDING A SENSE OF COMMUNITY. AFRICAN AMERICAN AND LATINO SENIORS INCREASE THEIR KNOWLEDGE OF COMMUNITY RESOURCES AND BECOME COMFORTABLE ATTENDING COMMUNITY EVENTS. A SECONDARY GOAL IS HEALTH EDUCATION AND SAFETY. MONTHLY PROGRAMS AND SUPPORT GROUPS ARE PROVIDED FOR PROGRAM PARTICIPANTS TO INCREASE THEIR KNOWLEDGE AND ABILITY TO MAINTAIN OR IMPROVE THEIR HEALTH AND SAFETY. ALL AFRICAN AMERICAN AND LATINO SENIOR ADULTS (55 YEARS AND OLDER) WHO RESIDE IN DANE COUNTY ARE WELCOME TO ATTEND. LATINO PROGRAMS ARE OFFERED IN SPANISH ONLY. THIS PROGRAM ALSO INCLUDES THE OTHER DANE COUNTY FOCAL POINTS WITH THE GOAL OF PROVIDING INFORMATION AND REFERRAL SERVICES; FACILITATION OF SHARING RESOURCES WITHIN THE COMMUNITY AND COORDINATION OF SERVICES TO AVOID DUPLICATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Krueger Executive Director | Officer | 40 | $75,908 |
Sarah Valencia President | OfficerTrustee | 2 | $0 |
Cedric Johnson Vice President | OfficerTrustee | 2 | $0 |
Tim Ryan Treasurer | OfficerTrustee | 2 | $0 |
Tim Conroy Secretary | OfficerTrustee | 2 | $0 |
Laura Stein Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $33,793 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,922,111 |
| All other contributions, gifts, grants, and similar amounts not included above | $198,947 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,154,851 |
| Total Program Service Revenue | $55,304 |
| Investment income | $157 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,857 |
| Net Income from Gaming Activities | -$350 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,212,109 |
| 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. | $83,908 |
| Compensation of current officers, directors, key employees. | $16,782 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,304,171 |
| Pension plan accruals and contributions | $26,400 |
| Other employee benefits | $94,123 |
| Payroll taxes | $112,485 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $157,639 |
| Advertising and promotion | $7,327 |
| Office expenses | $95,283 |
| Information technology | $11,929 |
| Royalties | $0 |
| Occupancy | $112,282 |
| Travel | $26,902 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,486 |
| Interest | $4,300 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,952 |
| Insurance | $23,253 |
| All other expenses | $1,868 |
| Total functional expenses | $2,194,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,634 |
| Savings and temporary cash investments | $522,986 |
| Pledges and grants receivable | $129,888 |
| Accounts receivable, net | $7,169 |
| 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 | $18,506 |
| Net Land, buildings, and equipment | $160,653 |
| Investments—publicly traded securities | $51,265 |
| Investments—other securities | $236 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,760 |
| Total assets | $987,097 |
| Accounts payable and accrued expenses | $175,839 |
| Grants payable | $0 |
| Deferred revenue | $5,587 |
| 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 | $89,873 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $271,299 |
| Net assets without donor restrictions | $630,636 |
| Net assets with donor restrictions | $85,162 |
| 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 | $987,097 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Newbridge Madison Inc has recieved totaling $136,434.
| Awarding Organization | Amount |
|---|---|
United Way Of Dane County Inc Madison, WI PURPOSE: Program Operating Cost/Donor Designation for General Support | $83,948 |
Cuna Mutual Group Foundation Inc Madison, WI PURPOSE: CHARITABLE | $30,000 |
Evjue Foundation Inc Madison, WI PURPOSE: SUPPORT COVID-19 RELIEF EFFORTS | $15,000 |
Madison Community Foundation Madison, WI PURPOSE: BRIDGING HOPE | $7,400 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $86 |
Endowment Analysis
| Beg. Balance | $28,402 |
| Earnings | $5,465 |
| Admin Expense | $308 |
| Ending Balance | $33,559 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Region 3b Area Agency On Aging Battle Creek, MI | $12,282,051 | $21,229,876 |
Valley Area Agency On Aging Flint, MI | $15,690,297 | $21,105,409 |
Northwest Senior Resources Incorporated Traverse City, MI | $6,309,333 | $18,405,394 |
Wesley Community Services Inc Johnston, IA | $11,288,058 | $20,573,990 |
Senior Services Inc Kalamazoo, MI | $10,618,830 | $16,068,018 |
Ilife Llc Milwaukee, WI | $22,539,383 | $15,072,061 |
Senior Services Plus Inc Alton, IL | $10,671,398 | $13,136,947 |
Villa Health Care Inc Sherman, IL | $10,885,574 | $10,322,903 |
Northeast Iowa Area Agency On Aging Inc Waterloo, IA | $3,520,816 | $9,481,257 |
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 |
Community Nutrition Network And Senior Services Association North Riverside, IL | $1,942,321 | $8,150,796 |