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Services For Aging Inc

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

EIN: 341108780 ✦ Norwalk, OH ✦ Designated as a 501(c)(3)

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Overview

What is Services For Aging Inc?

Services For Aging Inc is a nonprofit organization committed to supporting senior citizens. Their mission is to enable senior citizens to live independently. They achieve this by implementing an age exchange program, allowing seniors to tutor and mentor struggling school children, thereby fostering intergenerational learning. Additionally, they provide on-site nutrition programs and deliver meals directly to seniors' homes, ensuring they have access to nutritious meals. This holistic approach aims to improve the quality of life for senior citizens, enabling them to maintain their independence.


Official website here: www.sfaconnection.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating on Charity Navigator)

Services For Aging Inc has received a high score of 96%, indicating a strong commitment to accountability and finance. This rating is derived entirely from the organization's performance in these areas, reflecting its effective governance and financial health. The organization boasts a fully independent board with 100% of its members being independent, which ensures unbiased oversight.

The financial management of Services For Aging Inc is particularly noteworthy, with an impressive program expense ratio of 87.93%. This suggests that a significant majority of its expenses are directed toward its programs rather than administrative costs. Additionally, the organization maintains a low liabilities to assets ratio of 14.37%, further demonstrating its financial stability and effective resource management.

While the data highlights robust governance and financial practices, it does not provide information on the direct impact of Services For Aging Inc's programs. However, their strong rating and high standards of accountability suggest they are well-positioned to support their mission effectively.


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

Is Services For Aging Inc legitimate?

Services For Aging Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Services For 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:

Executive Compensation: $72,110
Professional Fundraising Fees: $0
Other Salaries and Wages: $845,795

For more financial information, click here


Official website here: www.sfaconnection.org

What is the mission statement of Services For Aging Inc?

Services for Aging Inc. focuses on assisting senior citizens to lead independent lives. One of their initiatives involves an age exchange program, allowing elderly individuals to tutor and mentor younger students struggling academically, thereby fostering intergenerational bonding. Additionally, the organization provides on-site nutrition programs and home-delivered meals to support senior health and well-being. Their primary objective is to enable senior citizens to maintain their independence.


Official website here: www.sfaconnection.org

Who is the CEO of Services For Aging Inc?

Steve Beal is the Executive Di of Services For Aging Inc.


Official website here: www.sfaconnection.org

What is the revenue of Services For Aging Inc?

Services For Aging Inc's revenue in 2022 was $2,275,138.


Official website here: www.sfaconnection.org

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

The average compensation at Services For Aging Inc during 2022 was $19,530. There are 47 employees and 150 volunteers at Services For Aging Inc.


Here are 12 key members and their salaries:


Steve Beal (Executive Di)
  • Compensation: $72,110
  • Related: $0
  • Other: $0
Ben Kenny (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Bettac (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Simmons (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Grover (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Knadler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Moffatt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Nottke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Perry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Stewart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy White (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Wingert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sfaconnection.org

Where can I find the form 990 for Services For Aging Inc?

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


Official website here: www.sfaconnection.org

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

Mission Statement of Services For Aging Inc

Services For Aging Inc, a reputable organization, is dedicated to aiding senior citizens in their quest to live independently. One of their key initiatives involves an age exchange program, where elderly individuals serve as tutors and mentors for younger schoolchildren who require assistance in excelling academically. This program not only benefits the children but also provides seniors with a sense of purpose and engagement.

Beyond the age exchange program, Services For Aging Inc offers a variety of services designed to support senior citizens in maintaining their independence. These include on-site nutrition programs, where seniors can enjoy nutritious meals, and home-delivered meals, ensuring that those who may find it challenging to leave their homes can still enjoy balanced meals. The organization's commitment to seniors' well-being extends beyond nutrition, as they also provide programs and resources to help them navigate their daily lives more easily.

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Impact




October, 2024

Services for Aging Inc has a profound impact on the community by enhancing the quality of life for senior citizens and fostering intergenerational connections. By implementing an age exchange program, seniors are empowered to share their knowledge and experiences, mentoring young students who may struggle academically. This not only supports the educational development of youth, but also instills a sense of purpose and engagement in older adults.

Additionally, the organization provides essential support through on-site nutrition programs and home-delivered meals, ensuring that seniors have access to healthy food options. These services play a critical role in enabling older individuals to live independently, promoting both their physical health and emotional well-being. Overall, Services for Aging Inc serves as a vital resource in Norwalk, OH, enriching lives across generations and fostering a thriving community.




This information is meant to be a general summary of Services For 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.

Revenue
$2,275,138 (2022)
Expenses
$2,282,429 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,039
  • Program Service Revenue: $566,187
  • Gross Receipts: $2,278,053

Assets and Liabilities:

  • Total Assets: $1,639,498
  • Total Liabilities: $132,727
  • Net Assets: $1,506,771

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Programs

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

SENIOR TRIPS INCOME

Revenue

$326,628

CONTRACT FARES TO RESERVE

Revenue

$61,286

CONTRACT ACCOUNTS REVENUE - T

Revenue

$52,174

FARES

Revenue

$35,476

MEALS CONTRACT

Revenue

$28,790

Organization Details

Founding Year

1972

Principal Officer

Steve Beal

Main Address

130 SHADY LANE DRIVE, NORWALK, OH, 44857

NTEE Category

Code: P81Z - Human services

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