Elderwise is located in Seattle, WA. The organization was established in 1997. 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 12/2022, Elderwise employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elderwise 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, Elderwise generated $96.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $114.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
OUR MISSION IS TO RECOGNIZE NURTURE THE VALUE AND WHOLENESS OF OLDER ADULTS, REGARDLESS OF THEIR COGNITIVE PHYSICAL ABILITY AND MEET THEIR NEED TO EXPERIENCE LIFE IN THE PRESENT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annie M Koziol Exective Director | 40 | $48,880 | |
Shanta Sabersky President | 120 | $0 | |
Rebecca Crichton Excutive Direcor | 50 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,655 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,000 |
| Total Revenue | $96,655 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $88,792 |
| Professional fees and other payments to independent contractors | $7,150 |
| Occupancy, rent, utilities, and maintenance | $5,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,185 |
| Total expenses | $114,627 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,114 |
| Other assets | $0 |
| Total assets | $18,114 |
| Total liabilities | $13,920 |
| Net assets or fund balances | $4,194 |