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Bay Aging Foundation

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

EIN: 134232354 ✦ Urbanna, VA ✦ Designated as a 501(c)(3)

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Overview

What is Bay Aging Foundation?

The Bay Aging Foundation, located in Urbanna, Virginia (PO Box 610), is a nonprofit organization dedicated to supporting Bay Aging in providing funds for various programs and services. Their mission is to enable individuals of all ages to live independently in their homes and communities for as long as possible. To achieve this, the foundation delivers programs and services designed to promote independence, utilizing investment income and additional funding to supplement Bay Aging's revenues. By doing so, the foundation plays a crucial role in furthering Bay Aging's mission and aiding its clients.


Official website here: www.bayaging.org

Is Bay Aging Foundation legitimate?

Bay Aging Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Aging Foundation 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: $0

For more financial information, click here


Official website here: www.bayaging.org

What is the mission statement of Bay Aging Foundation?

The Bay Aging Foundation aims to support the delivery of programs and services that enable individuals of all ages to live independently in their own homes and communities as long as possible. The foundation's primary objective is to generate investment income that supplements its revenues, which in turn, is utilized to fund direct services for its clients. By doing so, the foundation is committed to furthering Bay Aging's mission of providing assistance to individuals seeking to live independently.


Official website here: www.bayaging.org

Who is the CEO of Bay Aging Foundation?

Kathy Vesley is the Director of Bay Aging Foundation. The CEO's salary of Bay Aging Foundation is $0 and their total compensation is $213,111.


Official website here: www.bayaging.org

What is the revenue of Bay Aging Foundation?

Bay Aging Foundation's revenue in 2022 was -$104,040.


Official website here: www.bayaging.org

Who are the executives of Bay Aging Foundation and what are their salaries?

There 15 volunteers at Bay Aging Foundation.


Here are 11 key members and their salaries (Bay Aging Foundation's CEO's salary is $0 and their total compensation is $213,111):


James N Carter Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Clarke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Dudley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Fentress (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackson Neal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Vose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Doyle (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry L Gross (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Saunders (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Vesley (President/Ceo)
  • Compensation: $0
  • Related: $198,318
  • Other: $14,793
Tinsley Goad (Cfo)
  • Compensation: $0
  • Related: $146,536
  • Other: $13,104


Official website here: www.bayaging.org

Where can I find the form 990 for Bay Aging Foundation?

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


Official website here: www.bayaging.org

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

Mission Statement of Bay Aging Foundation

Bay Aging Foundation's mission is centered around providing support to enable individuals of all ages to live independently in their own homes and communities for as long as possible. The foundation aims to achieve this objective by generating investment income that supplements Bay Aging's revenues. This income is then utilized to fund direct services for their clients, furthering Bay Aging's mission of supporting independent living. By doing so, Bay Aging Foundation contributes significantly to enabling its clients to maintain their independence and quality of life in their own homes and communities.

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Impact




October, 2024

The Bay Aging Foundation significantly enhances the well-being of individuals across all age groups by providing essential programs and services that promote independent living in their own homes and communities for as long as possible. Through targeted funding, it supports various initiatives that empower clients to maintain their independence, thereby improving their quality of life.

By generating investment income, the foundation supplements revenues that enable the delivery of crucial direct services. This support plays a vital role in addressing the diverse needs of the community, assisting those facing challenges such as age-related diseases and other barriers to independence. The foundation’s efforts contribute to the overall health and stability of the community in Urbanna, VA, fostering an environment where residents can thrive in their own living spaces.




This information is meant to be a general summary of Bay Aging Foundation. 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
-$104,040 (2022)
Expenses
$72,246 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$186,158
  • Gross Receipts: $96,471

Assets and Liabilities:

  • Total Assets: $894,888
  • Total Liabilities: $0
  • Net Assets: $894,888

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Organization Details

Founding Year

2002

Principal Officer

Kathy Vesley

Main Address

PO BOX 610, URBANNA, VA, 23175

NTEE Category

Code: G11 - Disease

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