Kennett Area Senior Center
- Assets
- $1.7m
- Revenue
- $663.6k
- Investments
- $0.0
- Employees
- 9
- Location
- Kennett Square, PA
- Founding
- 01/1979
- Data as of
- 06/2023
- EIN
- 23-1943595
Organization Overview
Kennett Area Senior Center is located in Kennett Square, PA. The organization was established in 1979. 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 06/2023, Kennett Area Senior Center employed 9 individuals. This organization is the central organization for a national or regional group of organizations. Kennett Area Senior Center 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 06/2023, Kennett Area Senior Center generated $663.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $522.4k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HELPING ADULTS, 50 AND BETTER, LIVE HEALTHY, ACTIVE, AND INDEPENDENT LIFESTYLES
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE DAYTIME, EVENING, AND SOME WEEKEND PROGRAMS AND SERVICES WITH A FOCUS ON KEEPING OUR PARTICIPANTS ACTIVE, HEALTHY, AND INVOLVED. BY GATHERING AS A COMMUNITY, WE ENCOURAGE CAMARADERIE, HEALTHY LIFESTYLES, AND INDEPENDENCE. KASC ENSURES THAT ADULTS IN OUR COMMUNITY HAVE ACCESS TO HIGH-QUALITY, FREE INTERGENERATIONAL LIFELONG LEARNING SERVICES; HEALTH, FITNESS, AND NUTRITION PROGRAMS; ACTIVITIES THAT ENHANCE BRAIN POWER; AND RECREATIONAL AND SOCIAL EVENTS.
THE KENNETT SQUARE RESALE BOOK SHOPPE, WHICH IS LARGELY STAFFED BY SENIOR VOLUNTEERS, ACCEPTS DONATIONS OF GENTLY USED BOOKS. THE BOOKS ARE SOLD TO COMMUNITY MEMBERS AND THE PROCEEDS HAVE SUPPORTED THE PROGRAMS OF THE KENNETT AREA SENIOR CENTER. THE BOOK SHOPPE WAS SOLD IN SEPTEMBER OF 2022 SO ACTIVITY WAS LIMITED FOR FY 22-23.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Wissemann President | OfficerTrustee | 4 | $0 |
Jim Przywitowski Vice Pre/tre | OfficerTrustee | 4 | $0 |
Dennis Arrouet Asst Treasur | OfficerTrustee | 4 | $0 |
Susan Minarchi Secretary | OfficerTrustee | 4 | $0 |
Christine Mcdonald Director | Trustee | 1 | $0 |
Karl Leck Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $15,080 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $132,734 |
| All other contributions, gifts, grants, and similar amounts not included above | $193,512 |
| Noncash contributions included in lines 1a–1f | $125,511 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $341,326 |
| Total Program Service Revenue | $63,629 |
| Investment income | $25,648 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,300 |
| Net Gain/Loss on Asset Sales | $217,690 |
| Net Income from Fundraising Events | $9,924 |
| Net Income from Gaming Activities | $2,080 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $663,597 |
| 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. | $69,992 |
| Compensation of current officers, directors, key employees. | $10,499 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $116,238 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $941 |
| Payroll taxes | $14,725 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,400 |
| Fees for services: Other | $11,055 |
| Advertising and promotion | $142 |
| Office expenses | $28,340 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $45,202 |
| Insurance | $14,585 |
| All other expenses | $6,567 |
| Total functional expenses | $522,432 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,006 |
| Savings and temporary cash investments | $406,777 |
| Pledges and grants receivable | $18,080 |
| Accounts receivable, net | $3,589 |
| 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 | $0 |
| Net Land, buildings, and equipment | $744,810 |
| Investments—publicly traded securities | $501,980 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,083 |
| Total assets | $1,743,325 |
| Accounts payable and accrued expenses | $10,952 |
| 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 | $16,083 |
| Total liabilities | $27,035 |
| Net assets without donor restrictions | $1,444,123 |
| Net assets with donor restrictions | $272,167 |
| 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 | $1,743,325 |