Interfaith Older Adult Programs Inc
- Assets
- $2.1m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 350
- Location
- Milwaukee, WI
- Founding
- 11/1975
- Data as of
- 12/2016
- EIN
- 39-1217963
Organization Overview
Interfaith Older Adult Programs Inc is located in Milwaukee, WI. 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 12/2016, Interfaith Older Adult Programs Inc employed 350 individuals. Interfaith Older Adult Programs 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 12/2016, Interfaith Older Adult Programs Inc generated $7.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $7.1m during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 2 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
2016
Describe the Organization's Mission:
Part 3 - Line 1
LINKING OLDER ADULTS WITH A CARING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERFAITH OLDER ADULT PROGRAMS' SIX CENTERS ARE GATHERING PLACES THAT OFFER A WIDE VARIETY OF SERVICES AND ACTIVITIES FOR ADULTS AGE 50 AND OLDER TO HELP THEM REMAIN PHYSICALLY AND MENTALLY ACTIVE WHILE LIVING WELL, SOLVING PROBLEMS, AND FULFILLING THEIR GOALS. IN 2016, THE CENTERS SERVED 7,853 OLDER ADULTS, PROVIDED 342,106 UNITS OF SERVICE, AND OFFERED 802 PROGRAMS.
INTERFAITH OLDER ADULT PROGRAMS PROVIDES IN-RESIDENCE HOMEMAKING AND PERSONAL CARE SERVICES THAT ENABLE OLDER ADULTS TO RETAIN THEIR INDEPENDENCE AT THE HIGHEST LEVEL POSSIBLE. IN 2016, THE PERSONAL CARE PLUS PROGRAM SERVED 200 CLIENTS AND PROVIDED 55,249 HOURS OF SERVICES.
INTERFAITH OLDER ADULT PROGRAMS PROVIDES CASE MANAGEMENT SERVICES TO MEMBERS OF THE MILWAUKEE COUNTY FAMILY CARE PROGRAM. EACH PARTICIPANT IS ASSIGNED A REGISTERED NURSE AND A CASE MANAGER WHO ASSIST IN MANAGING T-19 AND T-18 BENEFITS WITH A FOCUS ON MEETING THE PARTICIPANT'S NEEDS IN A COST EFFECTIVE MANNER. IN 2016, THE PROGRAM SERVED AN AVERAGE OF 427 FAMILY CARE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Klare President | OfficerTrustee | 1 | $0 |
David Pifer Vice President | OfficerTrustee | 1 | $0 |
Pete Schumacher Treasurer | OfficerTrustee | 1 | $0 |
Virginia Riesling Secretary | OfficerTrustee | 1 | $0 |
Paul Bina Director | Trustee | 1 | $0 |
William Droste Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $329,352 |
| Membership dues | $0 |
| Fundraising events | $41,161 |
| Related organizations | $0 |
| Government grants | $3,378,670 |
| All other contributions, gifts, grants, and similar amounts not included above | $712,833 |
| Noncash contributions included in lines 1a–1f | $16,446 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,462,016 |
| Total Program Service Revenue | $2,645,947 |
| Investment income | $1,609 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,669 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,367 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,145,608 |
| 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. | $163,024 |
| Compensation of current officers, directors, key employees. | $163,024 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,193,965 |
| Pension plan accruals and contributions | $36,032 |
| Other employee benefits | $311,786 |
| Payroll taxes | $426,134 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $326,668 |
| Advertising and promotion | $68,041 |
| Office expenses | $527,068 |
| Information technology | $58,559 |
| Royalties | $0 |
| Occupancy | $716,420 |
| Travel | $47,856 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,133 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,982 |
| Insurance | $0 |
| All other expenses | $94,648 |
| Total functional expenses | $7,079,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $862,584 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $823,808 |
| Accounts receivable, net | $32,690 |
| 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 | $88,876 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $333,871 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,141,829 |
| Accounts payable and accrued expenses | $424,570 |
| Grants payable | $0 |
| Deferred revenue | $9,986 |
| 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 | $434,556 |
| Unrestricted restricted net Assets | $565,117 |
| Temporarily restricted net Assets | $1,142,156 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,707,273 |