Southeastern Minnesota Area Agency On Aging Inc
- Assets
- $2.0m
- Revenue
- $6.6m
- Investments
- $73.6k
- Employees
- 24
- Location
- Rochester, MN
- Founding
- 01/1982
- Data as of
- 12/2023
- EIN
- 41-1410669
Organization Overview
Southeastern Minnesota Area Agency On Aging Inc is located in Rochester, MN. The organization was established in 1982. 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 12/2023, Southeastern Minnesota Area Agency On Aging Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeastern Minnesota Area Agency 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 12/2023, Southeastern Minnesota Area Agency On Aging Inc generated $6.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $6.6m during the year ending 12/2023. While expenses have increased by 4.2% per year over the past 9 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.
Since 2014, Southeastern Minnesota Area Agency On Aging Inc has awarded 106 individual grants totaling $23,068,173. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP OLDER ADULTS AGE SUCCESSFULLY WHILE MAINTAINING THEIR DIGNITY AND INDEPENDENCE IN THE COMMUNITY THROUGH INFORMED CHOICES. THIS MISSION IS ACCOMPLISHED THROUGH FEDERAL AND STATE GRANTS AWARDED TO CONTRACTORS WHO PROVIDE SOCIAL SERVICES, CAREGIVER SUPPORT SERVICES, NUTRITION PROGRAMS AND CHRONIC DISEASE MANAGEMENT ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDING AND MONITORING FEDERAL AND STATE GRANTS FOR SENIOR NUTRITION PROGRAMS, INCLUDING CONGREGATE AND HOME-DELIVERED; IN-PERSON ASSISTANCE TO SENIOR AND THEIR CAREGIVERS FOR SENIORS DESIRING TO RETURN HOME FROM AN INSTITUTIONAL-BASED SETTING; AND PROVIDING INFORMATION AND IN-DEPTH ASSISTANCE THROUGH THE 'SENIOR LINKAGE LINE' TO THE 11 COUNTY REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Hlava Treasurer | OfficerTrustee | 4 | $0 |
Marjorie Fuller Director | Trustee | 2 | $0 |
Rita Fox Director | Trustee | 2 | $0 |
Dave Vandergon Vice Chair | OfficerTrustee | 2 | $0 |
Mike Hancock Secretary | OfficerTrustee | 4 | $0 |
Dr Dwight Jennings At-Large Representative | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,526,029 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,523 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,542,552 |
| Total Program Service Revenue | $71,803 |
| Investment income | $14,515 |
| 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 | $6,628,870 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,296,729 |
| 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. | $128,249 |
| Compensation of current officers, directors, key employees. | $128,249 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,291,026 |
| Pension plan accruals and contributions | $66,262 |
| Other employee benefits | $179,061 |
| Payroll taxes | $109,182 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $128,957 |
| Travel | $8,099 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $251,609 |
| Total functional expenses | $6,583,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,465 |
| Savings and temporary cash investments | $827,827 |
| Pledges and grants receivable | $379,276 |
| Accounts receivable, net | $923 |
| 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 | $277,947 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $73,556 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $284,855 |
| Total assets | $2,000,849 |
| Accounts payable and accrued expenses | $70,114 |
| Grants payable | $262,041 |
| Deferred revenue | $410,951 |
| 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 | $284,855 |
| Total liabilities | $1,027,961 |
| Net assets without donor restrictions | $968,509 |
| Net assets with donor restrictions | $4,379 |
| 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 | $2,000,849 |
Grants Awarded
Over the last fiscal year, Southeastern Minnesota Area Agency On Aging Inc has awarded $3,293,620 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
MOWER COUNTY SENIORS INC PURPOSE: TO PROVIDE FOR THE SOCIAL WELL-BEING OF THE AGING POPULATION | $74,241 |
SEMCAC INC PURPOSE: TO PROVIDE FOR THE NUTRITIONAL AND SOCIAL WELL-BEING OF THE AGING POPULATION | $2,057,898 |
SOUTHERN MINNESOTA REGIONAL LEGAL SERVICES INC PURPOSE: TO PROVIDE FOR THE SOCIAL WELL-BEING OF THE AGING POPULATION | $109,810 |
FAMILY SERVICE ROCHESTER INC PURPOSE: TO PROVIDE FOR THE SOCIAL WELL-BEING OF THE AGING POPULATION | $149,116 |
ELDER NETWORK PURPOSE: TO PROVIDE FOR THE SOCIAL WELL-BEING OF THE AGING POPULATION | $221,343 |
SENIOR RESOURCES OF FREEBORN COUNTY PURPOSE: TO PROVIDE FOR THE SOCIAL WELL-BEING OF THE AGING POPULATION | $72,718 |