Virginia Association Of Area Agencies On Aging
- Assets
- $141.9k
- Revenue
- $499.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Richmond, VA
- Founding
- 02/1987
- Data as of
- 06/2022
- EIN
- 58-1593776
Organization Overview
Virginia Association Of Area Agencies On Aging is located in Richmond, VA. The organization was established in 1987. 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 06/2022, Virginia Association Of Area Agencies On Aging employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Association Of Area Agencies On Aging 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 06/2022, Virginia Association Of Area Agencies On Aging generated $499.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $486.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE VIRGINIA ASSOCIATION OF AREA AGENCIES ON AGING MAXIMIZES THE CAPACITY OF ITS MEMBER AGENCIES TO ENHANCE THE QUALITY OF LIFE FOR ALL VIRGINIANS BY ENRICHING THE LIVES OF OLDER ADULTS, INDIVIDUALS WITH DISABILITIES, CAREGIVERS AND COMMUNITIES IN NEED OF SUPPORT AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THIS PROGRAM IS TO CREATE A SENIOR MEDICARE PATROL OF VOLUNTEER RETIREES WHO WILL BE TRAINED IN THE ISSUES OF MEDICARE AND MEDICAID FRAUD AND WHO WILL BE AVAILABLE TO PROVIDE EDUCATIONAL PRESENTATIONS REGARDING MEDICARE AND MEDICAID FRAUD IN THEIR COMMUNITIES.
THE VIRGINIA GOVERNOR'S CONFERENCE IS DESIGNED FOR PROFESSIONALS IN THE AGING SERVICE NETWORK, INCLUDING HEALTH CARE PROFESSIONALS, GOVERNMENT, BUSINESS, ACADEMIA, NON-PROFIT SECTOR, CONSUMER ADVOCATES, PROGRAM VOLUNTEERS AND OTHERS TO ADDRESS AND DISCUSS TOPICS EFFECTING THE ELDERLY.
PROMOTES TRAINING AND EDUCATION ACTIVITIES REGARDING PROBLEMS FACED BY OLDER VIRGINIANS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Parks Secretary | OfficerTrustee | 1 | $0 |
Sarah Henry Treasurer | OfficerTrustee | 1 | $0 |
Ron Boyd President | OfficerTrustee | 1 | $0 |
Harold Sayles 1st Vice Pre | OfficerTrustee | 1 | $0 |
Rhiannon Powers 2nd Vice Pre | OfficerTrustee | 1 | $0 |
Eldon James Association | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $96,187 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $367,854 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $464,041 |
| Total Program Service Revenue | $35,237 |
| Investment income | $11 |
| 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 | $499,289 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $67,095 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $111,229 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,416 |
| Payroll taxes | $8,319 |
| Fees for services: Management | $117,911 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,431 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,208 |
| Office expenses | $12,409 |
| Information technology | $13,230 |
| Royalties | $0 |
| Occupancy | $18,189 |
| Travel | $8,166 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,356 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,472 |
| All other expenses | $0 |
| Total functional expenses | $486,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,165 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $54,996 |
| Accounts receivable, net | $3,140 |
| 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 | $3,596 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $141,897 |
| Accounts payable and accrued expenses | $6,464 |
| 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 | $0 |
| Total liabilities | $6,464 |
| Net assets without donor restrictions | $99,210 |
| Net assets with donor restrictions | $36,223 |
| 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 | $141,897 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Virginia Association Of Area Agencies On Aging has recieved totaling $10,005.
| Awarding Organization | Amount |
|---|---|
Aarp Washington, DC PURPOSE: Sponsorship of the Virginia's Governor's Conference on Aging | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Medassist Of Mecklenburg Charlotte, NC | $10,618,612 | $72,421,883 |
Center For Workforce Inclusion Inc Silver Spring, MD | $19,940,028 | $57,138,753 |
National Caucus And Center On Black Aging Inc Washington, DC | $2,283,957 | $29,565,598 |
National Investment Center For Seniors Housing & Care Inc Annapolis, MD | $55,654,799 | $19,355,581 |
Bay Aging Urbanna, VA | $23,060,386 | $20,939,151 |
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 |