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Aging Well Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050355098 ✦ Woonsocket, RI ✦ Designated as a 501(c)(3)

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Overview

What is Aging Well Inc?

Aging Well Inc, located at 84 Social Street, Woonsocket, RI 02895, is a nonprofit organization dedicated to promoting healthy aging. They offer a range of services, including providing nutritional meals, delivering appropriate nutrition education, and offering various other nutrition-related assistance to older adults and those with disabilities. The mission of Aging Well Inc is to enrich and improve the lives of individuals aged fifty-five and older, as well as adults with disabilities, through their programs, services, and resources across their served communities. The organization has a team of 22 dedicated employees working towards this mission.


Official website here: www.agingwellinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

Aging Well Inc has received a Three-Star rating from Charity Navigator, which indicates a solid performance in accountability and finance. The organization scored an impressive 88% in this category, reflecting strong governance practices, including a fully independent board and excellent oversight of financial statements. The high program expense ratio of 89.44% suggests that a significant portion of its funds is directed towards its mission-related activities.

Despite its strengths, there are areas for improvement. The organization lacks a whistleblower policy and a document retention policy, both of which are important for transparency and accountability. Additionally, the absence of its tax form on the nonprofit’s website may hinder public access to information that is typically expected for transparency regarding financial practices.

Overall, Aging Well Inc demonstrates a commitment to accountability and effective financial management, although addressing the noted gaps in policy documentation could enhance its operational transparency and public trust.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Aging Well Inc?

84% of 5 reviewers on Facebook recommend Aging Well Inc. Here is a summary of their reviews:

The organization is highly praised as a fantastic place for social interaction and enjoyable activities. Reviewers highlight the welcoming atmosphere where individuals can come together and have fun. Additionally, the Alternative Adult Day Care program offered by Aging Well Inc. receives commendations for its quality, making it a valuable resource for those in need of such services.

Overall, the sentiment surrounding Aging Well Inc. is positive, with many expressing satisfaction with the programs available and the community vibe fostered by the organization.


This AI summary has been generated from reviews found on Facebook.

Is Aging Well Inc legitimate?

Aging Well Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aging Well 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $495,853

For more financial information, click here


Official website here: www.agingwellinc.org

What is the mission statement of Aging Well Inc?

Aging Well Inc's mission is centered around promoting healthy aging for adults over fifty-five and individuals with disabilities. They achieve this by offering programs, services, and resources, aiming to enhance and enrich their lives within their communities. The organization's mission is to serve these groups, enhancing their quality of life.

One of Aging Well Inc's key initiatives is providing nutritional meals and education to older persons. This service ensures that they receive appropriate nutrition, contributing to their overall well-being and healthy aging. The organization's focus on nutrition is a testament to its commitment to holistic care for its target population.


Official website here: www.agingwellinc.org

Who is the CEO of Aging Well Inc?

Barbara Waterman is the Executive Director of Aging Well Inc.


Official website here: www.agingwellinc.org

What is the revenue of Aging Well Inc?

Aging Well Inc's revenue in 2022 was $850,571.


Official website here: www.agingwellinc.org

Who are the executives of Aging Well Inc and what are their salaries?

The average compensation at Aging Well Inc during 2022 was $22,539. There are 22 employees and 130 volunteers at Aging Well Inc.


Here are 10 key members and their salaries:


Barbara Waterman (Executive Director)
  • Compensation: $79,731
  • Related: $0
  • Other: $0
Robert Picard (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudette Remillard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa M Carcifero (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen A Shatraw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna J Macdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Mcgee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madeleine L'Esperance (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Jasmin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Paul (Finance Director)
  • Compensation: $60,054
  • Related: $0
  • Other: $0


Official website here: www.agingwellinc.org

Where can I find the form 990 for Aging Well Inc?

Aging Well Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.agingwellinc.org

Learn more at the official website: www.agingwellinc.org

Mission Statement of Aging Well Inc

Aging Well Inc, a nonprofit organization, is committed to promoting healthy aging for adults aged fifty-five and older, as well as for individuals with disabilities, within the communities it serves. Their mission is achieved through the provision of programs, services, and resources. These offerings are designed to enhance and enrich the lives of these individuals, aiming to improve their overall well-being.

One of the key initiatives undertaken by Aging Well Inc is the provision of nutritional meals and appropriate nutrition education to older persons. This ensures that they have access to balanced, nutritious food, which is essential for maintaining good health as they age. In addition to these meals, the organization provides other nutritional services to support the well-being of seniors and individuals with disabilities.

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Impact




July, 2024

Aging Well Inc's impact is evident in the promotion of healthy aging among adults aged fifty-five and older, as well as adults with disabilities in the communities they serve. Through their programs, services, and resources, Aging Well Inc enhances and enriches the lives of these individuals by providing essential services such as nutrition services. Aging Well Inc plays a crucial role in ensuring that older persons receive nutritional meals, appropriate nutritional education, and other necessary nutritional services to support their overall well-being. Their dedication to serving this population contributes significantly to their physical and emotional health, improving their quality of life and fostering a sense of community support.




This information is meant to be a general summary of Aging Well 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.

Revenue
$850,571 (2022)
Expenses
$864,941 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $111,772
  • Gross Receipts: $859,293

Assets and Liabilities:

  • Total Assets: $382,144
  • Total Liabilities: $68,779
  • Net Assets: $313,365

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DONATIONS FROM MEALS

Revenue

$62,284

DONATIONS ADULT DAY CA

Revenue

$48,206

OTHER PROGRAM SERVICE

Revenue

$1,082

Organization Details

Founding Year

1975

Principal Officer

Barbara Waterman

Main Address

84 SOCIAL STREET, WOONSOCKET, RI, 02895

NTEE Category

Code: P81Z - Human services

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