Older Persons Action Group Inc
- Assets
- $436.0k
- Revenue
- $393.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Anchorage, AK
- Founding
- 09/1981
- Data as of
- 06/2022
- EIN
- 92-0038231
Organization Overview
Older Persons Action Group Inc is located in Anchorage, AK. The organization was established in 1981. 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, Older Persons Action Group Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Older Persons Action Group 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 06/2022, Older Persons Action Group Inc generated $393.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $358.9k during the year ending 06/2022. While expenses have increased by 5.0% 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
OPAG'S OBJECTIVES ARE TO FULFILL THE PROMISE OF THE OLDER AMERICAN ACT OF 1965 ENACTED BY PUBLIC LAW 89-73 ON JULY 1, 1967.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRINT & DISTRIBUTE A MONTHLY NEWSPAPER FOR SENIOR CITIZENS PROVIDING INFORMATION ON NEWS TOPICS OF INTEREST TO THEM AND PROVIDE GUIDANCE ON WHERE THEY CAN OBTAIN ASSISTANCE FOR ISSUES IMPORTANT TO THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yvonne M Chase Secretary | OfficerTrustee | 2 | $0 |
Joan Haig Treasurer | OfficerTrustee | 2 | $0 |
Gail Opalinski VP | OfficerTrustee | 2 | $0 |
Dylan Webb Pres | OfficerTrustee | 4 | $0 |
Robert Bracco Member | Trustee | 1 | $0 |
Len Kelly Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,131 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $205,241 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,791 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $222,163 |
| Total Program Service Revenue | $167,706 |
| Investment income | $1,379 |
| 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 | $393,494 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,919 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,739 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Fees for services: Other | $70,083 |
| Advertising and promotion | $625 |
| Office expenses | $118,395 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,267 |
| Travel | $10,839 |
| 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 | $4,250 |
| Insurance | $3,412 |
| All other expenses | $11,350 |
| Total functional expenses | $358,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,335 |
| Savings and temporary cash investments | $269,105 |
| Pledges and grants receivable | $7,983 |
| Accounts receivable, net | $21,808 |
| 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 | $4,757 |
| Net Land, buildings, and equipment | $5,071 |
| Investments—publicly traded securities | $13,918 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $435,977 |
| Accounts payable and accrued expenses | $19,325 |
| Grants payable | $0 |
| Deferred revenue | $25,620 |
| 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 | $9,182 |
| Total liabilities | $54,127 |
| Net assets without donor restrictions | $132,843 |
| Net assets with donor restrictions | $249,007 |
| 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 | $435,977 |
Endowment Analysis
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