Kearsarge Area Council On Aging Inc Treasurer
- Assets
- $1.2m
- Revenue
- $280.0k
- Investments
- $0.0
- Employees
- 5
- Location
- New London, NH
- Founding
- 01/1993
- Data as of
- 12/2022
- EIN
- 02-0457703
Organization Overview
Kearsarge Area Council On Aging Inc Treasurer is located in New London, NH. The organization was established in 1993. 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 12/2022, Kearsarge Area Council On Aging Inc Treasurer employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kearsarge Area Council On Aging Inc Treasurer 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, Kearsarge Area Council On Aging Inc Treasurer generated $280.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $276.8k during the year ending 12/2022. While expenses have increased by 3.5% per year over the past 8 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
TO PROMOTE, DEVELOP, AND REINFORCE PROGRAMS THAT SUPPORT AND ENHANCE THE HEALTH, WELL-BEING, DIGNITY, AND INDEPENDENCE OF OLDER PEOPLE IN THE NINE TOWNS OF THE GREATER KEARSARGE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SENIOR CENTER ACTIVITIES: MEETING CURRENT AND EMERGING NEEDS OF SENIORS THROUGH PROGRAMMING AND ACTIVITIES INCLUDING BUT NOT LIMITED TO EXERCISE, MEDITATION, MASSAGE, REIKI, BRIDGE, FOREIGN LANGUAGE, COMPUTER CLASSES, MOVIES, CURRENT EVENT DISCUSSIONS, LONG TERM PLANNING, TRANSPORTATION SERVICES, AND MOBILITY LENDING. COA HAS OVER 2,300 MEMBERS.
VOLUNTEER COORDINATION: COA HAS 75 VOLUNTEERS WHO VOLUNTEER 3,290 HOURS OF THEIR TIME A YEAR TO COA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelley Keith Executive Director | Officer | 40 | $90,048 |
John Filbin Treasurer | OfficerTrustee | 2 | $0 |
Robert Prohl Chair | OfficerTrustee | 1.5 | $0 |
Daniel Parish Vice Chair | OfficerTrustee | 1 | $0 |
Tally Jones Trustee | Trustee | 1 | $0 |
Donna Ruel Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,030 |
| All other contributions, gifts, grants, and similar amounts not included above | $154,794 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,824 |
| Total Program Service Revenue | $33,050 |
| Investment income | $16,512 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,631 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $280,017 |
| 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. | $90,048 |
| Compensation of current officers, directors, key employees. | $63,034 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,560 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,013 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,671 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,966 |
| Office expenses | $4,330 |
| Information technology | $6,611 |
| Royalties | $0 |
| Occupancy | $31,782 |
| 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 | $16,158 |
| Insurance | $6,759 |
| All other expenses | $145 |
| Total functional expenses | $276,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,455 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,775 |
| 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 | $5,647 |
| Net Land, buildings, and equipment | $493,935 |
| Investments—publicly traded securities | $504,854 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,153,666 |
| Accounts payable and accrued expenses | $22,835 |
| 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 | $22,835 |
| Net assets without donor restrictions | $1,099,906 |
| Net assets with donor restrictions | $30,925 |
| 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 | $1,153,666 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kearsarge Area Council On Aging Inc Treasurer has recieved totaling $1,023.
| Awarding Organization | Amount |
|---|---|
New London Service Organization New London, NH PURPOSE: COMMUNITY SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Endowment Analysis
| Beg. Balance | $567,437 |
| Earnings | -$62,583 |
| Ending Balance | $504,854 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Element Care Inc Lynn, MA | $83,865,974 | $102,077,849 |
Mystic Valley Elder Services Inc Malden, MA | $29,895,171 | $79,691,071 |
Central Boston Elder Services Inc Boston, MA | $36,084,793 | $71,391,953 |
Springwell Inc Waltham, MA | $26,869,035 | $61,604,301 |
Southwest Boston Senior Services Inc Jamaica Plain, MA | $18,738,837 | $50,976,438 |
Boston Senior Home Care Inc Boston, MA | $18,709,649 | $46,611,722 |
Elder Services Of Cape Cod And The Islands Inc South Dennis, MA | $14,977,853 | $43,360,495 |
Serenity Care Inc Andover, MA | $11,753,267 | $39,517,689 |
Bristol Elder Services Inc Fall River, MA | $23,803,109 | $36,848,253 |
Greater Springfield Senior Services Inc Springfield, MA | $23,398,762 | $36,731,351 |
Somerville-Cambridge Elder Services Incorporated Somerville, MA | $26,836,621 | $36,599,591 |
Coastline Elderly Services Inc New Bedford, MA | $19,634,837 | $33,973,861 |