Eldernet Of Lower Merion And Narberth is located in Bryn Mawr, PA. The organization was established in 1976. 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 06/2024, Eldernet Of Lower Merion And Narberth employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eldernet Of Lower Merion And Narberth 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 06/2024, Eldernet Of Lower Merion And Narberth generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $849.2k during the year ending 06/2024. While expenses have increased by 9.1% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ELDERNET PROVIDES A SAFETY NET FOR OLDER AND DISABLED ADULTS AND ADDRESSES FOOD INSECURITY FOR ALL LOWER MERION TOWNSHIP RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR NEARLY 50 YEARS, ELDERNET OF LOWER MERION AND NARBERTH HAS SERVED THE LOCAL COMMUNITY BY HELPING TO ENSURE THAT LOW TO MODERATE INCOME LOCAL SENIORS (AGE 60+) AND ADULTS WITH DISABILITIES CAN LEAD FULL AND INDEPENDENT LIVES AND REMAIN IN THEIR HOMES AND COMMUNITY. ELDERNET CONTINUES TO ENSURE THAT OUR NEIGHBORS' BASIC NEEDS ARE MET WHILE ALSO BUILDING RELATIONSHIPS ACROSS BOUNDARIES AND PROVIDING THE SOCIAL INTERACTIONS THAT ARE PROVEN TO IMPROVE THE QUALITY AND LIFE EXPECTANCY OF OLDER ADULTS. ELDERNET TO DECREASES OLDER ADULT ISOLATION, PROVIDES HUNGER RELIEF, BROADENS ACCESS TO HEALTH CARE, AND PROMOTES THE FINANCIAL STABILITY AND INDEPENDENCE THAT ALLOWS OLDER ADULTS TO AGE SAFELY IN THEIR HOMES. WITH OUR EXTENSIVE NETWORK OF VOLUNTEERS, ELDERNET OFFERS THREE MAIN PROGRAMS TO THOSE WHO QUALIFY: VOLUNTEER SERVICES, COMMUNITY RESOURCE CENTER AND FOOD PANTRY, AND CARE MANAGEMENT SERVICES. ALL ELDERNET'S PROGRAMS ARE FREE TO PARTICIPANTS WHO ARE FIRST SCREENED FOR ELIGIBILITY BY SOCIAL WORKERS IN OUR CARE MANAGEMENT DEPARTMENT. VOLUNTEER SERVICESELDERNET VOLUNTEERS DRIVE PARTICIPANTS TO MEDICAL APPOINTMENTS AND OTHER ESSENTIAL ERRANDS. THEY VISIT PARTICIPANTS IN THEIR HOMES AND ASSIST WITH ODD JOBS AS NEEDED. LAST FISCAL YEAR, 139 VOLUNTEERS WORKED 6,439 VOLUNTEER HOURS PROVIDING 2,122 ROUND-TRIP RIDES TO 144 PARTICIPANTS. THIS IMPORTANT SERVICE ENABLES PARTICIPANTS TO REMAIN HEALTHY AT HOME WHILE ALSO PROVIDING THEM WITH A PERSONAL ESCORT TO THEIR APPOINTMENTS. THIS SOCIAL INTERACTION IS ALSO CRUCIAL TO THE HEALTH OF OUR PARTICIPANTS AND THE VALUE OF THE ONGOING RELATIONSHIPS THAT OFTEN DEVELOP BETWEEN PARTICIPANTS AND THEIR VOLUNTEER DRIVERS CANNOT BE QUANTIFIED.COMMUNITY RESOURCE CENTER AND FOOD PANTRYTHE LOWER MERION TOWNSHIP 2022 COMMUNITY NEEDS ASSESSMENT SHOWED THAT FOOD INSECURITY WAS ONE OF THE MOST PRESSING NEEDS FACING RESIDENTS. GOVERNMENT CUTS EARLIER THIS YEAR TO THE BENEFITS THAT PARTICIPANTS RECEIVE TO LESSEN FOOD INSECURITY HAVE ONLY INTENSIFIED THAT NEEDED. THE CENTER AND PANTRY PROVIDE A PLACE FOR QUALIFIED PARTICIPANTS TO SHOP FOR FRESH PRODUCE, MILK, BREAD, MEAT AND PRE-PACKAGED AND CANNED FOOD. MANY PERSONAL HYGIENE PRODUCTS, LIKE TOILET PAPER, CANNOT BE PURCHASED WITH GOVERNMENT BENEFITS SO REMAIN IN GREAT DEMAND AT THE PANTRY SO MUCH SO THAT KEEPING IT SUFFICIENTLY STOCKED IS AN ONGOING CHALLENGE. LAST FISCAL YEAR, 40 VOLUNTEERS WORKED 2,010 VOLUNTEER HOURS DISTRIBUTING 101,650 POUNDS OF FOOD VALUED AT $201,268 TO 2,174 PARTICIPANTS. THE DIRE NEED FOR THIS SERVICE IN OUR COMMUNITY IS EVIDENCED BY THE FACT THAT YEAR-OVER-YEAR THE POUNDAGE OF FOOD DISTRIBUTED HAS INCREASED BY ALMOST 40%.CARE MANAGEMENTWITH SUPPORT FROM THE MONTGOMERY COUNTY OFFICE ON AGING AND ADULT SERVICES, ELDERNET IS THE ONLY INTENSIVE SERVICES PROVIDER TO SENIORS IN THE TOWNSHIP. THIS SUPPORT IS PROVIDED BY TWO LICENSED SOCIAL WORKERS WHO ASSIST PARTICIPANTS IN ACCESSING BENEFITS AND COMMUNITY-BASED RESOURCES THAT HELP THEM TO REMAIN HEALTHY IN THEIR HOMES. ELDERNET'S SOCIAL WORKERS IN THE CARE MANAGEMENT DEPARTMENT TOUCHED EVERY PARTICIPANT WHO AVAILED THEMSELVES OF OUR SERVICES EACH YEAR. LAST FISCAL YEAR, 281 UNDUPLICATED PARTICIPANTS AND THEIR FAMILIES WERE HELPED. IN ADDITION, WE HAVE A CONTRACT WITH MONTGOMERY COUNTY TO BE ONE OF THREE SIS (SENIOR INTENSIVE SERVICES) PROVIDERS IN THE COUNTY AND WE ARE THE ONLY PROVIDER IN LOWER MERION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Hill Board Chair | OfficerTrustee | 3 | $0 |
Steve Monahan Treasurer | OfficerTrustee | 3 | $0 |
Lynette Killen 1st Vice President | OfficerTrustee | 3 | $0 |
Joy Beller Shore 2nd Vice President | OfficerTrustee | 3 | $0 |
William Trask Board Member | Trustee | 3 | $0 |
Kathy Esibill Board Member | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $167,581 |
All other contributions, gifts, grants, and similar amounts not included above | $919,284 |
Noncash contributions included in lines 1a–1f | $216,914 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,086,865 |
Total Program Service Revenue | $0 |
Investment income | $32,367 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,119,232 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $388,467 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,081 |
Payroll taxes | $31,729 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $79,084 |
Advertising and promotion | $0 |
Office expenses | $3,913 |
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 | $1,500 |
Insurance | $4,970 |
All other expenses | $31,254 |
Total functional expenses | $849,219 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $62,812 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $37,049 |
Accounts receivable, net | $73,503 |
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 | $3,973 |
Net Land, buildings, and equipment | $4,188 |
Investments—publicly traded securities | $1,617,153 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,798,678 |
Accounts payable and accrued expenses | $13,847 |
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 | $13,847 |
Net assets without donor restrictions | $1,657,066 |
Net assets with donor restrictions | $127,765 |
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 | $1,798,678 |