Retiresafe
- Assets
- $240.9k
- Revenue
- $221.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Washington, DC
- Founding
- 12/1991
- Data as of
- 12/2023
- EIN
- 48-1108059
Organization Overview
Retiresafe is located in Washington, DC. The organization was established in 1991. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Retiresafe employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retiresafe is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Retiresafe generated $221.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $363.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RETIRESAFES MISSION IS TO PROMOTE AND PROTECT THE WELLBEING, INDEPENDENCE AND RIGHTS OF SENIORS THROUGH ADVOCACY AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC EDUCATION AND GRASSROOTS DEVELOPMENT: THE ORGANIZATION DISSEMINATES INFORMATION TO THE GENERAL PUBLIC VIA SENIOR EXPOSITIONS, CONFERENCES, INTERNET, SOCIAL MEDIA, GRASSROOTS INTERACTION, PRESS RELEASES, ARTICLES, RESEARCH PAPERS, NEWSLETTERS AND PUBLIC TESTIMONY.
LOBBYING: THE ORGANIZATION ENGAGES IN GRASSROOTS LOBBYING AND DIRECT LOBBYING OF THE LEGISLATIVE AND EXECUTIVE BRANCHES AND CIVILIAN AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Gibbons President/ceo | Officer | 40 | $148,500 |
Richard Weiss Chairman | OfficerTrustee | 1 | $0 |
Richard Hodge Vice Chairman | OfficerTrustee | 1 | $0 |
Kathleen Luton Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $221,103 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,103 |
| Total Program Service Revenue | $0 |
| Investment income | $36 |
| 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 | $221,139 |
| 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. | $148,500 |
| Compensation of current officers, directors, key employees. | $22,275 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,187 |
| Payroll taxes | $13,751 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,768 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,880 |
| Advertising and promotion | $0 |
| Office expenses | $1,868 |
| Information technology | $29,690 |
| Royalties | $0 |
| Occupancy | $33,833 |
| Travel | $2,654 |
| 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 | $609 |
| All other expenses | $6,018 |
| Total functional expenses | $363,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,921 |
| Savings and temporary cash investments | $120,846 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,459 |
| 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 | $2,652 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,007 |
| Total assets | $240,885 |
| Accounts payable and accrued expenses | $767 |
| 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 | $58,798 |
| Total liabilities | $59,565 |
| Net assets without donor restrictions | $181,320 |
| Net assets with donor restrictions | $0 |
| 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 | $240,885 |