Innovations In Aging Collaborative is located in Colorado Springs, CO. The organization was established in 2012. 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, Innovations In Aging Collaborative employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovations In Aging Collaborative 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, Innovations In Aging Collaborative generated $210.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $197.3k during the year ending 12/2021. While expenses have increased by 0.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COVENE THE COMMUNITY TO PROMOTE CREATIVE APPROACHES THAT ADDRESS THE CHALLENGES AND OPPORTUNITIES OF AGING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
-IIAC FORMED A COLLABORATION THAT WILL BE INCLUDED IN THE AGE FRIENDLY PROPOSED PLAN, 2.0, WITH EL PASO COUNTY, COLORADO. THIS NEW RELATIONSHIP BETWEEN BOTH THE CITY OF COLORADO SPRINGS AND EL PASO COUNTY WILL BENEFIT SMALLER COMMUNITIES TO RECEIVE THE SAME BENEFITS FOR THEIR RESIDENTS TO MOVE TOWARD LIVABLE COMMUNITIES. EL PASO COUNTY WILL PROVIDE A GRANT IN 2022 TO SUPPORT THIS INITIATIVE. -IIAC IS CURRENTLY PLANNING TO LAUNCH THE WORK TO CREATE A 2.0 AND IS CURRENTLY CREATING CONVERSATION WITH THE CITY OF COLORADO SPRINGS AND EL PASO COUNTY TO CREATE DELIVERABLES APPROPRIATE FOR BOTH THE CITY AND OUR PARTNER CITIES WITH EL PASO COUNTY. LISTENING SESSIONS ARE BEING SCHEDULED TO DETERMINE THE MOST SIGNIFICANT FACTORS TO BE ADDRESSED IN THE 5-YEAR PLAN.-AFTER IIAC'S COLLABORATION IN 2017 WITH COLORADO SPRINGS CITY COUNCIL TO CREATE THE COLORADO SPRINGS COMMISSION ON AGING, THAT COLLECTIVE BODY WAS MOVED UNDER THE AUSPICES OF THE AREA AGENCY ON AGING. THE AREA AGENCY ON AGING IS HOUSED UNDER THE PPACG, THE PIKES PEAK AREA OF COUNCIL GOVERNMENTS WHICH ALLOWS THE COMMISSION ON AGING TO FUNCTION ON A LARGER CAPACITY REPRESENTING ALL OF EL PASO COUNTY. WITH THE FOCUS OF IIAC TO CREATE DEEPER CONVERSATIONS WITH OTHER CITIES WITHIN EL PASO COUNTY, THE SCOPE OF ADDRESSING ISSUES THAT LIMIT THE IMPACT ON POSITIVE LIVABILITY GOALS AND THE OPPORTUNITY TO HEAR AND RESPOND TO A LARGER HOST OF OLDER ADULTS HAS BEEN SIGNIFICANTLY EXPANDED. THE CITY AND COUNTY NOW HAVE AN IMBEDDED ADVOCACY BODY THAT CAN MAKE RECOMMENDATIONS ON BEHALF OF THE AGING POPULATION TO CITY COUNCIL AND COUNTY COMMISSIONER. -IIAC COLLABORATED WITH THE NATIONAL CIVIL LEAGUE (NCL) THROUGH A GRANT FROM NEXT FIFTY TO CREATE METRICS USING NCL'S CIVIC ENGAGEMENT MEASUREMENT TOOL, THE BETTER AGING CIVIC INDEX, WHICH WILL HELP PROVIDE RECOMMENDATIONS FOR THE DEVELOPMENT OF THE AGE FRIENDLY PIKES PEAK ACTION PLAN. THIS INDEX IS A SELF-ASSESSMENT TOOL FOR MEASURING A COMMUNITY'S CIVIC CAPITAL. CIVIC CAPITAL IS DEFINED AS "THE FORMAL AND INFORMAL RELATIONSHIPS, NETWORKS, AND CAPACITIES THAT COMMUNITIES USE TO MAKE DECISIONS AND SOLVE PROBLEMS." -IIAC COLLABORATED WITH THE MYRON STRATTON HOME, HOUSING FOR LOW-INCOME OLDER ADULTS, AND PEAK EDUCATION, A NON-PROFIT THAT SUPPORTS SUCCESSFUL GRADUATION FROM HIGH SCHOOL FOR AT-RISK YOUTH, TO CREATE AN OPPORTUNITY FOR STUDENT TRAINING OF OLDER ADULTS WITH TECHNOLOGY THROUGH A GRANT FROM THE LYDIA HILL FOUNDATION. -IIAC CREATED A COLLABORATION WITH SILVER KEY, NAMI, AND THE COLORADO SPRINGS CARES UNIT OF THE FIRE DEPARTMENT TO SECURE A GRANT FROM NEXT FIFTY TO ASSESS METRICS AROUND OLDER ADULTS TO DETERMINE IF THE COST OF CARE SERVICES, SUCH AS EMERGENCY ROOM ADMISSIONS, CAN ULTIMATELY BE REDUCED WITH A STRONGER LEVEL OF CLIENT SATISFACTION IN TERMS OF BEHAVIORAL HEALTH SERVICES, ASSESSED BY CARE SCORES.-IIAC BECAME THE FISCAL SPONSOR FOR THE AFFORDABLE HOUSING COLLABORATIVE (AHC), THE VOICE AND ACTION FOR AFFORDABLE HOUSING IN EL PASO COUNTY. THE AHC WAS CREATED UNDER THE FIRST 5-YEAR PLAN AS A WORK GROUP WHO ULTIMATELY COMMITTED TO CREATING A STANDALONE UNIT TO MAKE THE COMMUNITY AWARE OF AFFORDABLE HOUSING NEEDS NOT ONLY FOR OLDER ADULTS BUT FOR ALL RESIDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Claire Anderson Executive Director | Officer | 40 | $65,762 |
Gail Nehls Secretary | OfficerTrustee | 2 | $0 |
Lee Patke Vice Chair | OfficerTrustee | 2 | $0 |
Dayton Romero Board Chair | OfficerTrustee | 2 | $0 |
Sarah Steph CPA Treasurer | OfficerTrustee | 2 | $0 |
Martha Barton Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $156,800 |
All other contributions, gifts, grants, and similar amounts not included above | $51,545 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $208,345 |
Total Program Service Revenue | $0 |
Investment income | $601 |
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 | $210,383 |
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. | $68,918 |
Compensation of current officers, directors, key employees. | $6,892 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $63,592 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,263 |
Payroll taxes | $10,015 |
Fees for services: Management | $20,251 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,869 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $338 |
Office expenses | $972 |
Information technology | $3,449 |
Royalties | $0 |
Occupancy | $6,851 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,033 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,815 |
All other expenses | $0 |
Total functional expenses | $197,348 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $104,337 |
Savings and temporary cash investments | $104,566 |
Pledges and grants receivable | $17,500 |
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 | $2,060 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $23,690 |
Total assets | $252,153 |
Accounts payable and accrued expenses | $14,389 |
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 | $23,199 |
Total liabilities | $37,588 |
Net assets without donor restrictions | $193,465 |
Net assets with donor restrictions | $21,100 |
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 | $252,153 |
Over the last fiscal year, we have identified 3 grants that Innovations In Aging Collaborative has recieved totaling $15,462.
Awarding Organization | Amount |
---|---|
Rnr Foundation Inc Ann Arbor, MI PURPOSE: AFFORABLE HOUSING COLLABORATIVE | $15,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: PENROSE HOUSE GIFT IN KIND | $455 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Organization Name | Assets | Revenue |
---|---|---|
Area Agency On Aging Region One Incorporated Phoenix, AZ | $20,334,219 | $38,412,919 |
Pima Council On Aging Inc Tucson, AZ | $10,290,205 | $15,552,044 |
Fsl Programs Phoenix, AZ | $5,562,893 | $15,840,626 |
Silver Key Senior Services Colorado Springs, CO | $13,456,104 | $8,397,518 |
Fsl Pathways Phoenix, AZ | $5,868,653 | $8,387,285 |
North Central Flint Hills Area Agency On Aging Manhattan, KS | $4,521,747 | $8,235,289 |
Areawide Aging Agency Inc Oklahoma City, OK | $2,672,827 | $7,157,983 |
Life Senior Services Inc Tulsa, OK | $12,749,860 | $7,639,802 |
National Indian Council On Aging Inc Albuquerque, NM | $706,157 | $5,828,804 |
Southwest Kansas Area Agency On Aging Inc Dodge City, KS | $1,946,526 | $6,009,473 |
Senior Resource Development Agency Pueblo Inc Pueblo, CO | $4,365,249 | $5,359,327 |
Seniors Resource Center Inc Denver, CO | $12,607,515 | $6,452,054 |