Alliance For Aging Research
- Assets
- $5.8m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 14
- Location
- Washington, DC
- Founding
- 09/1986
- Data as of
- 12/2022
- EIN
- 54-1379174
Organization Overview
Alliance For Aging Research is located in Washington, DC. The organization was established in 1986. According to its NTEE Classification (H94) the organization is classified as: Geriatrics Research, under the broad grouping of Medical Research and related organizations. As of 12/2022, Alliance For Aging Research employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alliance For Aging Research 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 12/2022, Alliance For Aging Research generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. While expenses have increased by 9.5% 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.
Since 2015, Alliance For Aging Research has awarded 14 individual grants totaling $192,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE RESEARCH TO ENHANCE THE EXPERIENCE OF AGING AND HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC POLICY: OVER THE PAST 35+ YEARS, THE ALLIANCE HAS LED EFFORTS TO INCREASE FEDERAL INVESTMENT IN AGING RESEARCH, GUIDE GROUNDBREAKING REGULATORY IMPROVEMENTS IN AGE-RELATED DISEASES, AND ADDRESS EQUITABLE ACCESS AND AFFORDABILITY OF HEALTHCARE.
HEALTH EDUCATION: THE ALLIANCE FOR AGING RESEARCH CREATES AWARD-WINNING EDUCATIONAL MATERIALS AND LEADS CAMPAIGNS FOR CONSUMERS, PATIENTS, CAREGIVERS, AND HEALTH PROFESSIONALS ON DISEASES AND CONDITIONS WHICH DISPROPORTIONATELY IMPACT OLDER ADULTS. THESE WIDE-RANGING SOURCES ON SUCH TOPICS AS VALVE DISEASE, VISION LOSS, AND PAIN MANAGEMENT HAVE MADE THE ALLIANCE A WELL-RESPECTED SOURCE OF RELIABLE INFORMATION ON THE HEALTH AND WELL-BEING OF OLDER AMERICANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Peschin President And CEO | Officer | 40 | $236,237 |
Lindsay Clarke VP Of Health Programs | 40 | $148,830 | |
Michael Ward VP Of Public Policy | 40 | $146,035 | |
Tiffany Stewart-Brown VP Of Hr And Administration | 40 | $118,840 | |
Rachel Stevenson VP Of Finance & Administration | 40 | $117,053 | |
Sarah Delgado VP Of Development | 40 | $108,229 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Berman And Company Graphic Design And Marketing Services | 12/30/22 | $440,122 |
1700 K Street Associates Rental Of Office Space | 12/30/22 | $192,166 |
Avalere Research Analysis Project | 12/30/22 | $175,000 |
Venable Llp Policy Strategy And Meeting Services | 12/30/22 | $225,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $548,175 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,466,325 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,014,500 |
| Total Program Service Revenue | $0 |
| Investment income | $89,143 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $71,010 |
| Net Income from Fundraising Events | -$155,652 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,025,101 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $76,000 |
| 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. | $263,194 |
| Compensation of current officers, directors, key employees. | $57,301 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,030,306 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $137,659 |
| Payroll taxes | $100,447 |
| Fees for services: Management | $70,455 |
| 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 | $19,067 |
| Fees for services: Other | $731,013 |
| Advertising and promotion | $390,282 |
| Office expenses | $38,797 |
| Information technology | $31,854 |
| Royalties | $0 |
| Occupancy | $173,253 |
| Travel | $20,590 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $111,009 |
| Interest | $176 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,224 |
| Insurance | $10,217 |
| All other expenses | $19,840 |
| Total functional expenses | $3,527,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $320,789 |
| Savings and temporary cash investments | $477,997 |
| Pledges and grants receivable | $650,000 |
| 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 | $59,276 |
| Net Land, buildings, and equipment | $136,070 |
| Investments—publicly traded securities | $3,513,684 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $629,356 |
| Total assets | $5,787,172 |
| Accounts payable and accrued expenses | $194,912 |
| 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 | $706,213 |
| Total liabilities | $901,125 |
| Net assets without donor restrictions | $3,196,355 |
| Net assets with donor restrictions | $1,689,692 |
| 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 | $5,787,172 |
Grants Awarded
Over the last fiscal year, Alliance For Aging Research has awarded $60,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHTFOCUS FOUNDATION PURPOSE: EVENT SPONSORSHIP | $15,000 |
NATIONAL SOCIETY TO PREVENT BLINDNESS PURPOSE: EVENT SPONSORSHIP | $10,000 |
LUMIND IDSC PURPOSE: RESEARCH | $25,000 |
RESEARCH AMERICA PURPOSE: EVENT SPONSORSHIP | $10,000 |