Alternatives For The Older Adult Inc
- Assets
- $2.1m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 92
- Location
- Moline, IL
- Founding
- 08/1984
- Data as of
- 06/2024
- EIN
- 42-1231219
Organization Overview
Alternatives For The Older Adult Inc is located in Moline, IL. The organization was established in 1984. 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 06/2024, Alternatives For The Older Adult Inc employed 92 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alternatives For The Older Adult 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 06/2024, Alternatives For The Older Adult Inc generated $5.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $5.1m during the year ending 06/2024. While expenses have increased by 1.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
ALTERNATIVES PROMOTES THE INDEPENDENCE AND QUALITY OF LIFE FOR OLDER ADULTS, ADULTS WITH DISABILITIES, AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARE COORDINATION PROGRAM - PROVIDES ONGOING ASSESSMENT AND SERVICE COORDINATION FOR OLDER ADULTS TO REMAIN INDEPENDENT. IN FY24, ALTERNATIVES RECEIVED 14,537 REFERRALS FOR SUPPORT. ALTERNATIVES MANAGES AN ONGOING CASELOAD OF CLOSE TO 2,800 PARTICIPANTS. AS A PROGRAM, CARE COORDINATION WAS ABLE TO SUCCESSFULLY ASSIST 83% OF SENIORS ELIGIBLE FOR NURSING HOME CARE TO REMAIN IN THEIR HOME. 95% OF PARTICIPANTS AND CAREGIVERS INDICATE THEY WOULD RECOMMEND ALTERNATIVES' CARE COORDINATION SERVICES TO OTHERS.
ADULT PROTECTIVE SERVICES - CONDUCTS INTAKE, INVESTIGATION, CASEWORK, AND INTERVENTION TO PREVENT FURTHER ABUSE, NEGLECT, OR FINANCIAL EXPLOITATION OF OLDER ADULTS OR OF ADULTS WITH DISABILITIES (AGE 18 - 59). IN FY24, ADULT PROTECTIVE SERVICES INVESTIGATED 1,043 CASES OF WHICH 379 WERE SUBSTANTIATED FOR ABUSE, NEGLECT, OR EXPLOITATION.
OMBUDSMAN - PROVIDE A REGULAR PRESENCE IN 123 FACILITIES IN A SIXTEEN-COUNTY SERVICE AREA TO ADDRESS SYSTEMIC CHALLENGES TO CARE OF LONG-TERM CARE RESIDENTS. PROVIDES ADVOCACY, CONSULTATION, AND FOLLOW-UP FOR 3,703 LONG-TERM RESIDENTS, FAMILIES, AND STAFF. THE OMBUDSMAN PROVIDED DIRECT ASSISTANCE TO 740 LONG-TERM CARE RESIDENTS TO RESOLVE COMPLAINTS ABOUT THEIR CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Curless Board Member | Trustee | 0.5 | $0 |
Sarah Snyder Board Member | Trustee | 0.5 | $0 |
John Finkes Board Member | Trustee | 0.5 | $0 |
Kim Mcmahill Board Member | Trustee | 0.5 | $0 |
Rachel Secrist Board Member | Trustee | 0.5 | $0 |
Mary Jane Clark Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,510 |
| Membership dues | $0 |
| Fundraising events | $8,095 |
| Related organizations | $0 |
| Government grants | $5,232,847 |
| All other contributions, gifts, grants, and similar amounts not included above | $102,357 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,347,809 |
| Total Program Service Revenue | $0 |
| Investment income | $2,644 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,937 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,356,715 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $52,466 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,448 |
| Compensation of current officers, directors, key employees. | $18,583 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,164,358 |
| Pension plan accruals and contributions | $130,933 |
| Other employee benefits | $555,870 |
| Payroll taxes | $237,311 |
| 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 | $45,591 |
| Advertising and promotion | $26,956 |
| Office expenses | $25,420 |
| Information technology | $31,321 |
| Royalties | $0 |
| Occupancy | $73,357 |
| Travel | $0 |
| 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 | $4,976 |
| Insurance | $87,671 |
| All other expenses | $109,092 |
| Total functional expenses | $5,075,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $576,397 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,094,517 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $40,704 |
| Investments—publicly traded securities | $54,029 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $306,958 |
| Total assets | $2,072,605 |
| Accounts payable and accrued expenses | $343,988 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $299,409 |
| Total liabilities | $643,397 |
| Net assets without donor restrictions | $1,415,108 |
| Net assets with donor restrictions | $14,100 |
| 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 | $2,072,605 |