Local Office On Aging Inc
- Assets
- $5.0m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 54
- Location
- Roanoke, VA
- Founding
- 10/1973
- Data as of
- 09/2023
- EIN
- 54-0916248
Organization Overview
Local Office On Aging Inc is located in Roanoke, VA. The organization was established in 1973. 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 09/2023, Local Office On Aging Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local Office 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 09/2023, Local Office On Aging Inc generated $4.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $3.8m during the year ending 09/2023. While expenses have increased by 4.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LOCAL OFFICE ON AGING ("LOA") IS DEDICATED TO HELPING OLDER PERSONS REMAIN INDEPENDENT FOR AS LONG AS POSSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME DELIVERED MEALS - PREPARATION OF MEALS AND COST OF MEALS SERVED TO HOMEBOUND OLDER PERSONS IN NEED. FOR FY23 WE SERVED 30,415 SENIORS DELIVERING 221,129 SERVICES.
CONGREGATE MEALS - PROVISION OF NUTRITIOUS MEALS TO OLDER PERSONS IN NEED, PROVISION OF SOCIALIZATION AND RECREATION TO THE SAME PERSONS.
SUPPORTIVE SERVICES - PROVISION OF COMMUNITY BASED CARE TO SENIOR CITIZENS SUCH AS ADULT DAYCARE, PERSONAL CARE, TRANSPORTATION, HOMEMAKER, AND EMERGENCY SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Trinkle Chair | OfficerTrustee | 1 | $0 |
Ezra Amiss Vice Chair | OfficerTrustee | 1 | $0 |
Ingrid Wallace Barber Finance Chair | OfficerTrustee | 1 | $0 |
Lisa Sprinkel Secretary | OfficerTrustee | 1 | $0 |
Steve Musslewhite Past Chair | Trustee | 1 | $0 |
Cleo Sims Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Key Personal Care And Homemaker Services | 9/29/23 | $124,225 |
Compass Group Usa Inc Food Service | 9/29/23 | $629,730 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $48,368 |
| Related organizations | $0 |
| Government grants | $4,025,449 |
| All other contributions, gifts, grants, and similar amounts not included above | $220,104 |
| Noncash contributions included in lines 1a–1f | $3,226 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,293,921 |
| Total Program Service Revenue | $62,710 |
| Investment income | $45,415 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,306 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,431,825 |
| 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. | $255,940 |
| Compensation of current officers, directors, key employees. | $153,564 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,268,762 |
| Pension plan accruals and contributions | $29,261 |
| Other employee benefits | $189,564 |
| Payroll taxes | $108,555 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,275 |
| Fees for services: Accounting | $21,455 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,299 |
| Advertising and promotion | $12,765 |
| Office expenses | $14,120 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,106 |
| Travel | $17,568 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,007 |
| Interest | $9,019 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $173,772 |
| Insurance | $28,166 |
| All other expenses | $474,526 |
| Total functional expenses | $3,796,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,277,842 |
| Savings and temporary cash investments | $20,561 |
| Pledges and grants receivable | $34,170 |
| Accounts receivable, net | $376,124 |
| 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 | $46,153 |
| Net Land, buildings, and equipment | $1,865,039 |
| Investments—publicly traded securities | $1,292,318 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $135,783 |
| Total assets | $5,047,990 |
| Accounts payable and accrued expenses | $404,128 |
| 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 | $231,272 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $635,400 |
| Net assets without donor restrictions | $4,181,148 |
| Net assets with donor restrictions | $231,442 |
| 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 | $5,047,990 |