Paynesville Area Senior Center Inc
- Assets
- $282.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paynesville, MN
- Founding
- 03/1995
- Data as of
- 05/2022
- EIN
- 41-1668700
Organization Overview
Paynesville Area Senior Center Inc is located in Paynesville, MN. The organization was established in 1995. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paynesville Area Senior Center 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 05/2022, Paynesville Area Senior Center Inc generated $138.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $108.8k during the year ending 05/2022. While expenses have increased by 3.7% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Inez Jones Director | 20 | $19,398 | |
Anpetuluta Lageson Director | 20 | $955 | |
Joe Musel Board Chair | 2 | $0 | |
Bonnie Kollmann Treasurer | 3 | $0 | |
Linda Westvig Secretary | 1 | $0 | |
Ron Mackedanz Vice Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,088 |
| Total Program Service Revenue | $4,743 |
| Membership dues | $0 |
| Investment income | $233 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,575 |
| Other Revenue | $7,151 |
| Total Revenue | $138,790 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,321 |
| Professional fees and other payments to independent contractors | $6,683 |
| Occupancy, rent, utilities, and maintenance | $54,818 |
| Printing, publications, postage, and shipping | $304 |
| Other expenses | $20,665 |
| Total expenses | $108,791 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $133,113 |
| Other assets | $0 |
| Total assets | $282,530 |
| Total liabilities | $3,475 |
| Net assets or fund balances | $279,055 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Paynesville Area Senior Center Inc has recieved totaling $7,822.
| Awarding Organization | Amount |
|---|---|
American Gift Fund Wilmington, DE PURPOSE: OPERATIONS | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $322 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Wisconsin Agency On Aging Resources Inc Madison, WI | $13,731,196 | $42,134,890 |
Metropolitan Area Agency On Aging Inc Arden Hills, MN | $8,002,435 | $24,136,026 |
Wesley Community Services Inc Johnston, IA | $11,288,058 | $20,573,990 |
Ilife Llc Milwaukee, WI | $22,539,383 | $15,072,061 |
Northeast Iowa Area Agency On Aging Inc Waterloo, IA | $3,520,816 | $9,481,257 |
Central Minnesota Council Aging Inc Sartell, MN | $1,275,140 | $7,874,791 |
Horizon Health Inc Pierz, MN | $5,933,505 | $9,032,202 |
Interfaith Older Adult Programs Inc Milwaukee, WI | $1,903,489 | $6,806,853 |
Southeastern Minnesota Area Agency On Aging Inc Rochester, MN | $1,516,136 | $6,280,522 |
Aging And Disability Resource Center Of Brown County Inc Green Bay, WI | $5,001,556 | $6,255,599 |
Connections Area Agency On Aging Inc Council Bluffs, IA | -$414,939 | $5,568,873 |
Elderbridge Agency On Aging Mason City, IA | $4,687,674 | $5,849,519 |