Amherst Senior Citizen Foundation Inc
- Assets
- $288.4k
- Revenue
- $49.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Amherst, NY
- Founding
- 09/1992
- Data as of
- 12/2021
- EIN
- 16-1414931
Organization Overview
Amherst Senior Citizen Foundation Inc is located in Amherst, NY. The organization was established in 1992. 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. Amherst Senior Citizen Foundation 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, Amherst Senior Citizen Foundation Inc generated $49.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $71.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. 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
THE FOUNDATION RAISES FUNDS TO ASSIST PARTNER ORGANIZATIONS THAT PROVIDE ESSENTIAL SERVICES SUPPORTING THE HEALTH, INDEPENDENCE AND DIGNITY OF THE AMHERST AGING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING THE WELFARE OF SENIOR CITIZENS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dal Giuliani Executive Director | Officer | 10 | $20,000 |
Robert Tracy Chair | OfficerTrustee | 2 | $0 |
Leslie H Fox Treasurer | OfficerTrustee | 2 | $0 |
Karen R Pusateri Secretary | OfficerTrustee | 2 | $0 |
Andrew Napierala Vice Chair | OfficerTrustee | 2 | $0 |
Sean Costello Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,668 |
| Noncash contributions included in lines 1a–1f | $26,920 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,668 |
| Total Program Service Revenue | $0 |
| Investment income | $4,011 |
| 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 | $4,395 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,074 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,536 |
| 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. | $20,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $248 |
| Other employee benefits | $1,530 |
| Payroll taxes | $0 |
| 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 | $7,104 |
| Advertising and promotion | $0 |
| Office expenses | $125 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $455 |
| 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 | $728 |
| Insurance | $2,122 |
| All other expenses | $0 |
| Total functional expenses | $71,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,535 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Inventories for sale or use | $6,922 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $22,200 |
| Investments—publicly traded securities | $205,718 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $288,375 |
| Accounts payable and accrued expenses | $2,188 |
| 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 | $2,188 |
| Net assets without donor restrictions | $286,187 |
| Net assets with donor restrictions | $0 |
| 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 | $288,375 |
Grants Awarded
Over the last fiscal year, Amherst Senior Citizen Foundation Inc has awarded $11,450 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AMHERST CENTER FOR SENIOR SERVICES PURPOSE: TO BENEFIT OLDER ADULTS WITHIN THE AMHERST COMMUNITY | $5,450 |
Amherst, NY PURPOSE: TO BENEFIT OLDER ADULTS WITHIN THE AMHERST COMMUNITY | $5,000 |
Williamsville, NY PURPOSE: TO BENEFIT OLDER ADULTS WITHIN THE AMHERST COMMUNITY | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Amherst Senior Citizen Foundation Inc has recieved totaling $6,541.
| Awarding Organization | Amount |
|---|---|
National Association For The Exchange Of Industrial Resources I Galesburg, IL PURPOSE: CARE OF ILL, NEEDY, OR MINOR | $6,541 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blair Senior Services Inc Altoona, PA | $9,557,910 | $10,335,546 |
United Presbyterian & Reformed Adult Ministries Inc Flushing, NY | $13,773,181 | $9,913,948 |
Bergen Basin Commmunity Development Corporation Brooklyn, NY | $2,562,211 | $8,388,294 |
Age Well Inc Colchester, VT | $4,778,126 | $7,728,758 |
Western Connecticut Area Agency On Aging Inc Waterbury, CT | $3,714,113 | $8,361,310 |
Waveny Care Center Health Services Inc New Canaan, CT | $11,677,668 | $6,120,495 |
Eastern Connecticut Area Agency On Aging Inc Norwich, CT | $1,526,516 | $6,677,322 |
Area Agency On Aging For The Counties Of Brad Sull Susq And Tio Towanda, PA | $2,044,253 | $6,580,429 |
Senior Citizens United Community Services Of Camden County Inc Audubon, NJ | $5,026,909 | $6,535,637 |
Community Agency For Senior Citizens Inc Staten Island, NY | $3,047,533 | $6,260,081 |
Fort Greene Council Inc Brooklyn, NY | $4,515,817 | $5,921,269 |
Neighborhood Self Help By Older Persons Project Inc Bronx, NY | $2,170,016 | $6,185,886 |