Convalescent Aid Society
- Assets
- $7.9m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Pasadena, CA
- Founding
- 03/1959
- Data as of
- 06/2021
- EIN
- 95-1782304
Organization Overview
Convalescent Aid Society is located in Pasadena, CA. The organization was established in 1959. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 06/2021, Convalescent Aid Society employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Convalescent Aid Society 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 06/2021, Convalescent Aid Society generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.0m during the year ending 06/2021. While expenses have increased by 2.0% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE LOAN OF DURABLE MEDICAL EQUIPMENT, FREE OF CHARGE WITH NO TIME CONSTRAINTS, TO THE RESIDENTS OF THE SAN GABRIEL VALLEY, GLENDALE, AND BURBANK, CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOANS OF DURABLE MEDICAL EQUIPMENT TO THOSE IN NEED. WHEELCHAIRS, WALKERS, HOSPITAL BEDS, AS WELL AS EQUIPMENT NEEDED BY HANDICAPPED INDIVIDUALS. A LIST OF EQUIPMENT AVAILABLE IS SHOWN UNDER THE "EQUIPMENT" CAPTION ON THE CAS WEBSITE. ALL SERVICES ARE PROVIDED AT NO COST TO THE RECIPIENT. DURING THE YEAR ENDING JUNE 30, 2021, WITH THE HELP OF 10 VOLUNTEERS, CAS LOANED OUT APPROXIMATELY 10,000 PIECES OF DURABLE MEDICAL EQUIPMENT. AS OF YEAR END, CAS HAS SERVICED OVER 25,000 CLIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Waterson Executive Di | 1 | $134,154 | |
David Jones PHD President | OfficerTrustee | 5 | $0 |
Renee Concialdi Vice-Pres/tr | OfficerTrustee | $0 | |
Eileen Koons Secretary | OfficerTrustee | 1 | $0 |
John Calderon PHD Director | Trustee | 1 | $0 |
Mark Gamble Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,228 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $504,640 |
| Noncash contributions included in lines 1a–1f | $93,191 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $509,868 |
| Total Program Service Revenue | $33,914 |
| Investment income | $116,464 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $36,869 |
| Net Gain/Loss on Asset Sales | $491,999 |
| Net Income from Fundraising Events | -$33,380 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,972 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,166,706 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $133,241 |
| Grants and other assistance to domestic individuals. | $1,638 |
| 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 | $413,985 |
| Pension plan accruals and contributions | $9,565 |
| Other employee benefits | $50,864 |
| Payroll taxes | $31,104 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,206 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $52,466 |
| Fees for services: Other | $33,599 |
| Advertising and promotion | $4,484 |
| Office expenses | $65,250 |
| Information technology | $18,620 |
| Royalties | $0 |
| Occupancy | $38,852 |
| Travel | $0 |
| 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 | $31,012 |
| Insurance | $17,402 |
| All other expenses | $14,732 |
| Total functional expenses | $1,029,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,331 |
| Savings and temporary cash investments | $566,958 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,646 |
| Inventories for sale or use | $88,636 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,327,046 |
| Investments—publicly traded securities | $4,845,374 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $73,925 |
| Total assets | $7,916,916 |
| Accounts payable and accrued expenses | $72,601 |
| 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 | $166,242 |
| Total liabilities | $238,843 |
| Net assets without donor restrictions | $7,648,776 |
| Net assets with donor restrictions | $29,297 |
| 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 | $7,916,916 |
Grants Awarded
Over the last fiscal year, Convalescent Aid Society has awarded $133,241 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
La Mirada, CA PURPOSE: COULD NOT USE EQUIP | $114,259 |
Corona Dl Mar, CA PURPOSE: SUPPLY MEDICAL EQUIP | $10,841 |
OTHERS UNDER 5000 EACH PURPOSE: SUPPLY MEDICAL EQUIP | $8,141 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Convalescent Aid Society has recieved totaling $218,169.
| Awarding Organization | Amount |
|---|---|
Providence Health System-Southern California Renton, WA PURPOSE: OPERATIONAL SUPPORT | $130,000 |
Pasadena Community Foundation Pasadena, CA PURPOSE: Solar Panel Installation/Energy Conservation, General Support | $28,350 |
Patron Saints Foundation Pasadena, CA PURPOSE: SUPPORT FOR DURABLE MEDICAL EQUIPMENT. | $25,000 |
Neilan Foundation Pasadena, CA PURPOSE: TO SUPPORT CONVALESCENT AID SOCIETY'S MISSION TO PROVIDE THE FREE LOAN OF DURABLE MEDICAL EQUIPMENT FOR IN-HOME USE | $10,000 |
Lon V Smith Foundation Beverly Hills, CA PURPOSE: UNRESTRICTED | $7,500 |
Crawford Family Foundation Pasadena, CA PURPOSE: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $5,955,632 |
| Earnings | $608,326 |
| Admin Expense | $52,466 |
| Other Expense | $1,666,118 |
| Ending Balance | $4,845,374 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maunalani Nursing And Rehabilitation Center Honolulu, HI | $6,019,656 | $14,999,666 |
Handmaker Jewish Services For The Aging Tucson, AZ | $4,316,204 | $13,562,780 |
Mennonite Brethren Homes Inc Reedley, CA | $16,496,775 | $16,262,117 |
Solheim Lutheran Home Los Angeles, CA | $18,763,299 | $14,981,250 |
San Francisco Ladies Protection And Relief Society San Francisco, CA | $100,474,176 | $14,948,044 |
Hughson Samaritan Village Hughson, CA | $26,279,943 | $12,462,652 |
Industry Convalescent Hospital City Of Industry, CA | $3,198,283 | $10,925,655 |
Friendship Health Center Inc Portland, OR | $7,669,788 | $11,107,649 |
Masonic And Eastern Star Home Forest Grove, OR | $71,707,379 | $17,096,099 |
Inter Community Care Centers Inc Long Beach, CA | $6,701,736 | $8,800,012 |
Fellowship Home Inc Modesto, CA | $9,526,951 | $7,953,169 |
Little Sisters Of The Poor Home For The Aged San Francisco, CA | $17,921,119 | $10,478,703 |