Overview
What is Friends Of The Gloucester Council On Aging Inc?
Friends of the Gloucester Council on Aging Inc is a charitable organization, headquartered in Gloucester, Massachusetts. Its primary mission is to offer financial aid to the Gloucester Council on Aging in providing social services to the elderly residents of the area. This support enables the Council to deliver essential assistance, thereby enhancing the quality of life for the elderly population. Additionally, Friends of the Gloucester Council on Aging Inc contributes to enriching programs and events at the Rose Baker Senior Center, furthering the well-being of the community's senior citizens.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
Friends of the Gloucester Council on Aging Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The charity's overall score is derived entirely from its performance in the Accountability & Finance beacon, showcasing its commitment to transparency and responsible management of resources.
The organization demonstrates outstanding governance, with 88% of its board members being independent, thus ensuring unbiased decision-making. Additionally, the absence of material asset diversion and the presence of comprehensive policies, including those for conflict of interest and document retention, further solidify its integrity. The fiscal prudence is highlighted by a perfect ratio of liabilities to assets, indicating a robust financial position.
One of the notable strengths of Friends of the Gloucester Council on Aging Inc is its high program expense ratio of 94.23%, which signifies that a significant portion of its funds is directed toward its programs rather than administrative costs. This focus on programs is a positive indicator for donors looking to support effective initiatives. Overall, the organization stands out for its excellent financial practices and commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Gloucester Council On Aging Inc legitimate?
Friends Of The Gloucester Council On Aging Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Gloucester Council On Aging 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:
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For more financial information, click here
What is the mission statement of Friends Of The Gloucester Council On Aging Inc?
The mission of Friends Of The Gloucester Council On Aging Inc is centered around providing financial assistance and social services to elderly residents in Gloucester. Their primary goal is to support the Gloucester Council On Aging and enhance the programs and events at the Rose Baker Senior Center. This organization aims to improve the quality of life for senior citizens in the community by offering financial aid and various social services.
Who is the CEO of Friends Of The Gloucester Council On Aging Inc?
Howard Frisch is the Principal Officer of Friends Of The Gloucester Council On Aging Inc.
What is the revenue of Friends Of The Gloucester Council On Aging Inc?
Friends Of The Gloucester Council On Aging Inc's revenue in 2022 was $55,702.
Who are the executives of Friends Of The Gloucester Council On Aging Inc and what are their salaries?
There 240 volunteers at Friends Of The Gloucester Council On Aging Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Friends Of The Gloucester Council On Aging Inc?
Friends Of The Gloucester Council On Aging Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of The Gloucester Council On Aging Inc
Friends of the Gloucester Council on Aging Inc is committed to supporting the Gloucester Council on Aging and providing social services to elderly residents of Gloucester. The organization's mission is twofold: firstly, it aims to provide financial assistance to the Gloucester Council on Aging. This financial aid is instrumental in enabling the council to carry out its duties effectively, ensuring the well-being of the elderly residents.
Secondly, Friends of the Gloucester Council on Aging Inc is dedicated to augmenting the programs and events at the Rose Baker Senior Center. The senior center serves as a hub for social activities and support services for the elderly residents of Gloucester. By providing additional financial support, Friends of the Gloucester Council on Aging Inc helps to enhance the quality and range of services offered at the center, thereby improving the lives of the elderly community.
In essence, the mission of Friends of the Gloucester Council on Aging Inc is to strengthen the capabilities of the Gloucester Council on Aging and enhance the social services provided to elderly residents, thereby enriching their lives and promoting their overall well-being.
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Impact
August, 2024
Friends Of The Gloucester Council On Aging Inc's impact is significant in providing financial assistance to the Gloucester Council on Aging for the provision of social services to elderly residents of Gloucester. Additionally, this organization plays a crucial role in augmenting programs and events at the Rose Baker Senior Center. By supporting these initiatives, Friends Of The Gloucester Council On Aging Inc directly contributes to enhancing the quality of life for elderly individuals in Gloucester and ensuring they have access to essential services and programs to support their wellbeing.
This information is meant to be a general summary of Friends Of The Gloucester Council On Aging 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: $158
- Gross Receipts: $58,702
Assets and Liabilities:
- Total Assets: $139,333
- Total Liabilities: $0
- Net Assets: $139,333
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Organization Details
Founding Year
1988
Phone
(978) 281-2639Principal Officer
Howard Frisch
Main Address
C/O HOWARD FRISCH 128 MAIN STREET, GLOUCESTER, MA, 01930
NTEE Category
Code: P81 - Human services
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