Everett Foundation For Aged Persons Inc
- Assets
- $1.9m
- Revenue
- $211.6k
- Investments
- $1.8m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 12/1947
- Data as of
- 12/2021
- EIN
- 04-2062107
Organization Overview
Everett Foundation For Aged Persons Inc is located in Boston, MA. The organization was established in 1947. According to its NTEE Classification (G94) the organization is classified as: Geriatrics, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Everett Foundation For Aged Persons 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 12/2021, Everett Foundation For Aged Persons Inc generated $211.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (24.1%) each year. All expenses for the organization totaled $184.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Everett Foundation For Aged Persons Inc has awarded 18 individual grants totaling $359,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Maclaughlin President | 1 | $2,900 | |
Carolyn Lightburn Treasurer | 1 | $2,400 | |
Janet Maclaughlin Secretary | 1 | $2,400 | |
Marjorie L Dacko Director | 2 | $600 | |
George Ahlin Director | 4 | $500 | |
Christine Falzarano Director | 1 | $400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,199 |
| Dividends & Interest | $50,072 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $150,325 |
| Capital Gain Net Income | $150,325 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $211,596 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,900 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,531 |
| Total operating and administrative expenses | $54,016 |
| Contributions, gifts, grants paid | $130,000 |
| Total expenses and disbursements | $184,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,887 |
| Savings and temporary cash investments | $107,353 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $1,287 |
| Investments—other | $785,424 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,936,493 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Everett Foundation For Aged Persons Inc has awarded $130,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CAMBRIDGE HEALTH ALLIANCE PURPOSE: NURSES ACTIVITIES WITHIN EVERETT | $70,000 |
Malden, MA PURPOSE: HELP FOR EVERETT SENIORS | $25,000 |
Everett, MA PURPOSE: HELP FOR EVERETT SENIORS | $10,000 |
Malden, MA PURPOSE: HELP FOR EVERETT SENIORS | $10,000 |
FRIENDS OF THE PUBLIC LIBRARY PURPOSE: HELP FOR EVERETT SENIORS | $10,000 |
HALLMARK HOSPICE PURPOSE: HELP FOR EVERETT SENIORS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Carmelite System Inc Germantown, NY | $17,222,585 | $9,589,225 |
The American Geriatrics Society Inc New York, NY | $10,794,639 | $6,464,305 |
Our Lady Of Victory Renaissance Corporation Buffalo, NY | $12,786,574 | $5,671,961 |
Association For The Relief Of Aged Women Of New Bedford New Bedford, MA | $21,657,616 | $2,022,067 |
Leadingage Connecticut Inc Wallingford, CT | $1,294,076 | $1,003,019 |
Association On Aging In New York Albany, NY | $292,722 | $689,758 |
New York Memory Center Inc Brooklyn, NY | $242,536 | $602,792 |
Avila Institute Of Gerontology Inc Germantown, NY | $429,382 | $540,136 |
Jgs Lifecare Corporation Longmeadow, MA | $6,233,942 | -$57,278 |
Louis F Payn Foundation For Aged People Chatham, NY | $203,161 | $289,937 |
Ellen Jeanne Goldfarb Memorial Charitable Tr Farmington, CT | $1,681,390 | $368,599 |
Newburyport Society For The Relief Of Aged Women Newburyport, MA | $4,768,934 | $433,500 |