Friends Of The Peabody Council On Aging Inc
- Assets
- $224.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Peabody, MA
- Founding
- 02/1981
- Data as of
- 12/2022
- EIN
- 04-2717388
Organization Overview
Friends Of The Peabody Council On Aging Inc is located in Peabody, MA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Peabody Council On Aging 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 12/2022, Friends Of The Peabody Council On Aging Inc generated $137.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $181.8k during the year ending 12/2022. While expenses have increased by 7.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE IS TO SUPPORT THE ACTIVITIES OF THE PEABODY COUNCIL ON AGING WITH NEW EQUIPMENT, POSTAGE,AND SUPPLIES,SERVICES, AND PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Gradwohl Director | 1 | $0 | |
Sandra Dupont Financial Se | 5 | $0 | |
Judith A Enos Treasurer | 5 | $0 | |
Catherine E Morroccoo Financial Se | 5 | $0 | |
Joseph Mendonca Director | 1 | $0 | |
Marion Bowden Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $95,413 |
| Investment income | $1,370 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $40,294 |
| Total Revenue | $137,077 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,630 |
| Other expenses | $8,570 |
| Total expenses | $181,841 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $224,083 |
| Other assets | $0 |
| Total assets | $224,083 |
| Total liabilities | $6,010 |
| Net assets or fund balances | $218,073 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of The Peabody Council On Aging Inc has recieved totaling $375.
| Awarding Organization | Amount |
|---|---|
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $125 |
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 |
Jewish Association For Services For The Aged New York, NY | $34,581,080 | $57,474,811 |
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 |
Riseboro Community Partnership Inc Brooklyn, NY | $38,504,143 | $46,795,171 |
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 |
Foundation For The Elderly Inwood, NY | $9,324,447 | $36,299,710 |
Bristol Elder Services Inc Fall River, MA | $23,803,109 | $36,848,253 |