Overview
What is Agespan Inc?
Agespan Inc, located at 280 Merrimack Street Suite 400, Lawrence, Massachusetts, is a Massachusetts-based nonprofit organization. With a team of 569 employees, their mission is to create and offer community-based services for low-income, frail elders through third-party contracts. Their primary activity revolves around providing options for the elderly, ensuring the availability and accessibility of programs and services to cater to their diverse needs and evolving lifestyles. Their description also highlights their efforts in designing and implementing programs for older adults.
Official website here: www.agespan.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Agespan Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, with a score of 93%. The organization boasts 100% independent board members, indicating robust governance practices. Its financial health is underscored by a low liabilities to assets ratio of 42.08% and a high program expense ratio of 93.48%, suggesting that the majority of its funding is directed towards its mission-driven activities.
In addition to financial metrics, Agespan Inc excels in its culture and community score, achieving a perfect 100%. The organization effectively gathers feedback from its stakeholders and demonstrates a commitment to using this feedback to improve its practices. This indicates a strong culture of transparency and responsiveness, which is often vital for maintaining trust and engagement with the community it serves.
While the data highlights significant organizational strengths, there are no noted limitations in the provided information. Overall, Agespan Inc appears to be a well-managed nonprofit that prioritizes accountability, financial health, and community engagement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Agespan Inc?
86% of reviewers on Facebook recommend Agespan Inc. Here is a summary of their reviews:
Many individuals express deep gratitude for the services provided, particularly highlighting the Brown Bag Project. This initiative delivers a regular-sized grocery bag filled with nutritious food choices each month, significantly easing the financial burden on recipients. Reviewers emphasize the vital role of the volunteers, describing them as amazing people with warm hearts who bring hope to those in need, regardless of the circumstances.
Overall, the sentiment reflects appreciation for the nonprofit's efforts, showcasing how its programs positively impact the lives of those they serve. The commitment and heart of the volunteers are frequently acknowledged, reinforcing the effectiveness of Agespan Inc. in addressing food insecurity in the community.
This AI summary has been generated from reviews found on Facebook.
Is Agespan Inc legitimate?
Agespan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agespan Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $504,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,785,724
For more financial information, click here
Official website here: www.agespan.org
What is the mission statement of Agespan Inc?
Agespan Inc is dedicated to ensuring that a range of programs and services catering to the diverse needs and evolving lifestyles of older adults are readily available and accessible. Through the procurement of contracted community-based services, they aim to support low-income, frail elders. Their mission focuses on enhancing the quality of life for older adults by providing them with choices that meet their unique requirements. By offering these services, Agespan Inc strives to improve the overall well-being and independence of older adults.
Official website here: www.agespan.org
Who is the CEO of Agespan Inc?
Tammy O'Donnell is the President of Agespan Inc. The CEO's salary of Agespan Inc is $227,974 and their total compensation is $273,345.
Official website here: www.agespan.org
What is the revenue of Agespan Inc?
Agespan Inc's revenue in 2022 was $107,934,032.
Official website here: www.agespan.org
Who are the executives of Agespan Inc and what are their salaries?
The average compensation at Agespan Inc during 2022 was $46,205. There are 569 employees and 116 volunteers at Agespan Inc.
Here are 23 key members and their salaries (Agespan Inc's CEO's salary is $227,974 and their total compensation is $273,345):
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- Compensation: $227,974
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- Other: $31,589
Official website here: www.agespan.org
Where can I find the form 990 for Agespan Inc?
Agespan Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.agespan.org
Learn more at the official website: www.agespan.org
Mission Statement of Agespan Inc
Agespan Inc, a renowned nonprofit organization, is dedicated to ensuring that suitable programs and services are accessible to older adults to meet their diverse needs and evolving lifestyles. The mission of Agespan Inc is two-fold: providing services and creating opportunities for the elderly.
Through community-based services, Agespan Inc targets low-income, frail elders by entering into third-party contracts. This approach enables the organization to offer a range of essential services designed to enhance the quality of life for older adults. By prioritizing accessibility and choice, Agespan Inc empowers older adults to maintain their independence and dignity, fostering a sense of community and connection.
The organization's commitment to older adults goes beyond basic needs. Agespan Inc strives to cater to the varying requirements of this demographic, recognizing the importance of customized solutions. By making services accessible, Agespan Inc helps ensure that older adults receive the care and support they need to thrive, ultimately contributing to their overall well-being and happiness.
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Impact
October, 2024
Agespan Inc significantly enhances the quality of life for elderly individuals by creating and providing tailored programs and services that address their unique needs. By focusing on community-based services, particularly for low-income and frail elders, Agespan Inc facilitates access to essential resources that promote independence and improve overall well-being.
Through initiatives like the CHOICES PURCHASED SERVICES program, the organization collaborates with various third-party providers to broaden the scope of care and support available to older adults. This strategic approach ensures that choices in programs and services align with the diverse needs and evolving lifestyles of seniors.
Operating in Lawrence, MA, Agespan Inc plays a critical role in ensuring that older adults have the support necessary to navigate the challenges of aging, thereby fostering a more inclusive community where seniors can thrive.
This information is meant to be a general summary of Agespan Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $50,514
- Program Service Revenue: $102,999,965
- Gross Receipts: $107,934,032
Assets and Liabilities:
- Total Assets: $46,498,915
- Total Liabilities: $17,999,677
- Net Assets: $28,499,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$100,874,063
GRANTS
Revenue
$2,125,902
Organization Details
Founding Year
1974
Phone
(978) 683-7747Principal Officer
Tammy O'Donnell
Main Address
280 MERRIMACK STREET SUITE 400, LAWRENCE, MA, 01843
Website
www.agespan.orgNTEE Category
Code: P81Z - Human services
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