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Aging In America

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

EIN: 136126508 ✦ Purchase, NY ✦ Designated as a 501(c)(3)

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Overview

What is Aging In America?

Aging In America, a nonprofit organization based in Purchase, New York, is committed to enhancing the lives of the elderly by promoting health, facilitating access to care, nurturing innovation, offering financial assistance, and preparing future leaders in the field of aging services. Their programs aim to increase self-esteem, self-reliance, and enhance each individual's sense of freedom and dignity. The organization provides assistance and support to individuals, families, and caregivers, enabling them to live, work, and remain active members of their communities. With a focus on inspiration and innovation, Aging In America empowers, guides, educates, and supports those facing the challenges and opportunities associated with aging.


Official website here: www.aginginamerica.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 57%, One-Star out of Four Stars

Aging In America has received a low score of 57%, resulting in a One-Star rating from Charity Navigator. This rating indicates significant concerns regarding the organization's financial management and accountability. While the nonprofit excels in governance aspects such as having a fully independent board and maintaining a conflict of interest policy, its financial ratios raise red flags, particularly the program expense ratio, which is notably low at 10.08%.

The organization demonstrates strengths in transparency and governance, with essential policies in place and documented board meeting minutes available. However, the absence of the organization's tax form on its website is a considerable limitation, as it hinders potential donors' ability to assess financial health thoroughly. Additionally, the liabilities to assets ratio of 1.50% points towards potential issues with financial sustainability.

Overall, while Aging In America shows promise through its governance and adherence to specific accountability practices, the low financial performance metrics suggest that improvements are needed to enhance its operational effectiveness and transparency to stakeholders.


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

Is Aging In America legitimate?

Aging In America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aging In America 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: $530,386
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,445

For more financial information, click here


Official website here: www.aginginamerica.org

What is the mission statement of Aging In America?

Aging In America's mission is to provide support and assistance to individuals, families, and caregivers, enabling them to live, work, and remain an active part of their communities. The organization's mission has evolved to inspire innovation that empowers, guides, educates, and supports those facing challenges and opportunities associated with aging. Aging In America and its related entities sponsor various programs to promote health, facilitate access to care, nurture innovation, offer financial assistance, and help prepare future leaders in the field of aging services. Their programs aim to increase self-esteem, self-reliance, and enhance each person's sense of freedom and dignity, serving frail elderly individuals with diverse programming.


Official website here: www.aginginamerica.org

Who is the CEO of Aging In America?

Dr William T Smith Ph is the Principal Officer of Aging In America. The CEO's salary of Aging In America is $530,386 and their total compensation is $594,589.


Official website here: www.aginginamerica.org

What is the revenue of Aging In America?

Aging In America's revenue in 2022 was $209,267.


Official website here: www.aginginamerica.org

Who are the executives of Aging In America and what are their salaries?

The average compensation at Aging In America during 2022 was $570,831. There is 1 employee and 1 volunteer at Aging In America.


Here are 8 key members and their salaries (Aging In America's CEO's salary is $530,386 and their total compensation is $594,589):


Katharine M Weiss (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Hoffman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Baumann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard H Alteri Phd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlton L Mitchell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Pritchard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Lynn M Tepper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr William T Smith Phd (Ceo)
  • Compensation: $530,386
  • Related: $0
  • Other: $64,203


Official website here: www.aginginamerica.org

Where can I find the form 990 for Aging In America?

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


Official website here: www.aginginamerica.org

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

Mission Statement of Aging In America

Aging in America, an organization dedicated to individuals, families, and caregivers, aims to empower, guide, educate, and support them in their journey through the challenges and opportunities of aging. The mission of Aging in America has evolved over time, inspiring innovation that caters to the needs of those facing the intricacies of aging services.

The primary objective of Aging in America is to provide the necessary support and assistance to enable individuals, families, and caregivers to live, work, and remain active members of their communities. The organization sponsors various programs aimed at promoting health, facilitating access to care, nurturing innovation, offering financial assistance, and preparing future leaders in the field of aging services. Through these initiatives, Aging in America seeks to enhance the self-esteem, self-reliance, and sense of freedom and dignity of frail elderly persons, catering to their diverse needs with specialized programming.

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Impact




October, 2024

Aging In America plays a crucial role in enhancing the quality of life for older adults, their families, and caregivers. By providing essential support and assistance, the organization empowers individuals to remain active and engaged in their communities. Through a variety of programs, it focuses on improving health, facilitating access to care, and fostering innovation in aging services.

The initiative targets frail elderly individuals with diverse programming designed to boost self-esteem and self-reliance, ultimately enhancing their sense of freedom and dignity. Additionally, Aging In America prepares future leaders in the aging services field, ensuring that the industry continues to evolve and adequately address the needs of its demographic.

By nurturing these aspects, Aging In America not only supports individuals and families but also contributes to a more inclusive society that values and respects its older population. This impact fosters a collaborative community environment where older adults can thrive, thereby enriching the lives of all community members.




This information is meant to be a general summary of Aging In America. 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
$209,267 (2022)
Expenses
$1,132,004 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $205,031
  • Gross Receipts: $5,090,610

Assets and Liabilities:

  • Total Assets: $28,616,694
  • Total Liabilities: $431,463
  • Net Assets: $28,185,231

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Organization Details

Founding Year

1963

Principal Officer

Dr William T Smith Ph

Main Address

2975 WESTCHESTER AVENUE 114, PURCHASE, NY, 10577

NTEE Category

Code: P81Z - Human services

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