Local Office On Aging Inc
- Assets
- $4.2m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 52
- Location
- Roanoke, VA
- Founding
- 10/1973
- Data as of
- 09/2022
- 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 09/2022, Local Office On Aging Inc employed 52 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 09/2022, Local Office On Aging Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $3.3m during the year ending 09/2022. While expenses have increased by 3.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
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. 868 PERSONS SERVED AND 109,510 MEALS SERVED.
CONGREGATE MEALS - PROVISION OF NUTRITIOUS MEALS TO OLDER PERSONS IN NEED, PROVISION OF SOCIALIZATION AND RECREATION TO THE SAME PERSONS. 112 PERSONS SERVED AND 1,637 MEALS SERVED.
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 |
|---|---|---|---|
Ron Boyd CEO | Officer | 40 | $106,383 |
Carson Ward CFO | Officer | 40 | $68,897 |
Steve Musselwhite Chair | OfficerTrustee | 1 | $0 |
Freda Smith Treasurer | OfficerTrustee | 1 | $0 |
Cleo Sims Director | OfficerTrustee | 1 | $0 |
David Trinkle Chair-Elect | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Compass Group Usa Inc Food Service | 9/29/22 | $612,512 |
Radar Transportation Services | 9/29/22 | $100,442 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $36,773 |
| Related organizations | $0 |
| Government grants | $2,999,273 |
| All other contributions, gifts, grants, and similar amounts not included above | $502,459 |
| Noncash contributions included in lines 1a–1f | $4,046 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,538,505 |
| Total Program Service Revenue | $52,151 |
| Investment income | $33,194 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,125 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,650,288 |
| 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. | $243,896 |
| Compensation of current officers, directors, key employees. | $145,439 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,080,232 |
| Pension plan accruals and contributions | $26,297 |
| Other employee benefits | $140,414 |
| Payroll taxes | $118,633 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,501 |
| Fees for services: Accounting | $23,616 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,441 |
| Office expenses | $16,804 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,527 |
| Travel | $19,170 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,275 |
| Interest | $10,822 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,234 |
| Insurance | $3,198 |
| All other expenses | $417,693 |
| Total functional expenses | $3,254,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,073,779 |
| Savings and temporary cash investments | $24,740 |
| Pledges and grants receivable | $39,657 |
| Accounts receivable, net | $52,757 |
| 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 | $4,091 |
| Net Land, buildings, and equipment | $1,705,872 |
| Investments—publicly traded securities | $1,159,242 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $121,887 |
| Total assets | $4,182,025 |
| Accounts payable and accrued expenses | $257,971 |
| 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 | $255,253 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $513,224 |
| Net assets without donor restrictions | $3,438,634 |
| Net assets with donor restrictions | $230,167 |
| 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 | $4,182,025 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Local Office On Aging Inc has recieved totaling $137,051.
| Awarding Organization | Amount |
|---|---|
Community Foundation Serving Western Virginia Roanoke, VA PURPOSE: HUMAN SERVICES | $93,180 |
Mary Sue Collins Foundation Roanoke, VA PURPOSE: GENERAL SUPPORT | $15,400 |
Louise R Lester Foundation Inc Roanoke, VA PURPOSE: HOMEMAKER PROGRAM | $15,000 |
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: Community Relief Fund Grant | $9,500 |
Louise R Lester Foundation Inc Roanoke, VA PURPOSE: SUMMER COOLING PROGRAM | $3,900 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southwestern Community Action Council Inc Huntington, WV | $3,442,684 | $16,539,322 |
Mountain Empire Older Citizens Inc Big Stone Gap, VA | $8,808,055 | $17,898,946 |
Wellmont Wexford House Johnson City, TN | $11,769,586 | $11,612,147 |
Central West Virginia Aging Services Inc Buckhannon, WV | $10,635,053 | $17,319,473 |
Appalachian Agency For Senior Citizens Cedar Bluff, VA | $13,226,617 | $17,944,269 |
Wvsc Metro Area Agency On Aging Inc Dunbar, WV | $2,022,123 | $10,856,707 |
The 60 Plus Association Inc Alexandria, VA | $451,230 | $11,797,770 |
Aging Disability & Transit Services Of Rockingham County Reidsville, NC | $8,070,642 | $11,439,316 |
Appalachian Area Agency On Aging Inc Princeton, WV | $1,152,038 | $9,615,671 |
Senior Connections The Capital Area Agency On Aging Richmond, VA | $3,890,692 | $8,738,746 |
Seabury Resources For Aging Washington, DC | $14,104,200 | $8,799,775 |
Senior Services Inc Winstonsalem, NC | $22,278,206 | $15,636,681 |