S C Institute On Aging is located in Mount Pleasant, SC. The organization was established in 1989. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. S C Institute On Aging 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, S C Institute On Aging generated $116.6k 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 $125.0k during the year ending 12/2022. 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
REPRESENT NON-PROFIT ORGANIZATIONS THAT PROVIDE HIGH-QUALITY HEALTH CARE SERVICES, DAILY LIVING SERVICES, AND HOUSING FOR OLDER ADULTS IN SOUTH CAROLINA.
REPRESENT NON-PROFIT ORGANIZATIONS THAT PROVIDE HIGH-QUALITY HEALTH CARE SERVICES, DAILY LIVING SERVICES, AND HOUSING FOR OLDER ADULTS IN SOUTH CAROLINA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Benson Chair | 0 | $0 | |
David Buckshorn Chair Elect | 0 | $0 | |
Kimberly Borts Secretary | 0 | $0 | |
Lynne Kerrison Treasurer | 0 | $0 | |
Russ Bell Immediate Pa | 0 | $0 | |
Peter Marhsall Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $74,246 |
| Membership dues | $42,402 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,648 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,742 |
| Professional fees and other payments to independent contractors | $1,768 |
| Occupancy, rent, utilities, and maintenance | $2,856 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,586 |
| Total expenses | $124,952 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,562 |
| Other assets | $0 |
| Total assets | $96,689 |
| Total liabilities | $0 |
| Net assets or fund balances | $96,689 |