Association Of Retired Americans
- Assets
- $19.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 03/1993
- Data as of
- 12/2020
- EIN
- 36-3252865
Organization Overview
Association Of Retired Americans is located in Indianapolis, IN. The organization was established in 1993. 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. Association Of Retired Americans is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2020, Association Of Retired Americans generated $89.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $84.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 2 years. 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
2020
Describe the Organization's Program Activity:
Part 3
INCREASED THE LIFESTYLE AND RESOURCES AVAILABLE TO RETIRED AMERICANS THROUGH GROUP PURCHASING OF HEALTH CARE, TRAVEL, AND RETAIL SHOPPING BENEFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Van Pelt President | 1 | $0 | |
Barbara A Smith Board Member | 0.5 | $0 | |
Richard Dellinger Board Member | 0.5 | $0 | |
John M Smith Board Member | 0.5 | $0 | |
Fritz Bauer Board Member | 0.5 | $0 | |
Kimberly Walden Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $10,828 |
| Membership dues | $78,398 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,226 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $10,500 |
| Salaries, other compensation, and employee benefits | $32,712 |
| Professional fees and other payments to independent contractors | $8,549 |
| Occupancy, rent, utilities, and maintenance | $16,604 |
| Printing, publications, postage, and shipping | $5,547 |
| Other expenses | $10,580 |
| Total expenses | $84,492 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,286 |
| Other assets | $0 |
| Total assets | $19,286 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,286 |