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Eldersource Institute Inc

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

EIN: 475221862 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Eldersource Institute Inc?

Eldersource Institute Inc, based in Jacksonville, Florida, is a nonprofit organization dedicated to empowering individuals to age with dignity and independence in their own communities. They innovate and expand their reach by delivering mission-aligned services, generating income to serve more people. One of their notable initiatives is the LGBT Elder Cultural Competency Training, which equips professionals working with older adults with the necessary tools to better understand the challenges faced by the LGBT community. In 2019, over 800 professionals participated in this program, positively impacting numerous clients. However, due to the COVID-19 pandemic, in-person training events were postponed. The program will resume once it is safe to do so.


Official website here: www.myeldersource.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

Eldersource Institute Inc has received a 77% rating from Charity Navigator, translating to a Three-Star designation. This score is solely based on the organization's accountability and finance practices, indicating a strong emphasis on ethical governance and financial responsibility. Notably, the organization has a fully independent board, which contributes positively to its governance metrics.

Strengths of Eldersource include having a complete independent board and no issues regarding material diversion of assets, earning full points in these categories. Their policies regarding conflicts of interest, whistleblowers, and document retention are well-documented, showcasing a commitment to transparency and accountability. Additionally, the organization's liabilities to assets ratio is favorable, reflecting sound financial management.

However, the program expense ratio is relatively low at 54.01%, which may raise questions about the proportion of resources allocated directly to its programs versus administrative costs. While the organization demonstrates strong governance practices, potential donors may want to consider this aspect when evaluating its overall impact.


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

What do the Facebook reviews say about Eldersource Institute Inc?

100% of reviewers on Facebook recommend Eldersource Institute Inc. Here is a summary of their reviews:

The organization is widely praised for its invaluable resources dedicated to older adults and individuals with disabilities. Many individuals appreciate the advocacy work that the nonprofit undertakes, highlighting its commitment to addressing the needs of the elder community in Northeast Florida.

Overall, the sentiment towards Eldersource Institute Inc. is overwhelmingly positive, with users expressing gratitude for the support and services provided. This nonprofit clearly stands out as a trusted ally for those in need, making a significant impact in the local community.


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

Is Eldersource Institute Inc legitimate?

Eldersource Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eldersource Institute 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: $0

For more financial information, click here


Official website here: www.myeldersource.org

What is the mission statement of Eldersource Institute Inc?

Eldersource Institute Inc's mission is centered around empowering individuals to live and age with dignity and independence in their own homes and communities. The organization innovates and expands its mission-aligned services, generating income to serve more people. One of their notable initiatives is the LGBT Elder Cultural Competency Training, designed for professionals working with older adults. This program equips participants with essential tools to better understand the challenges faced by the LGBT senior community, enabling them to provide comfortable and confident care. In 2019, over 800 professionals benefited from this training, leading to improved care for countless clients. However, due to the COVID-19 pandemic, in-person training events were suspended and will resume once it is safe to do so.


Official website here: www.myeldersource.org

What is the revenue of Eldersource Institute Inc?

Eldersource Institute Inc's revenue in 2023 was $9,001.


Official website here: www.myeldersource.org

Who are the executives of Eldersource Institute Inc and what are their salaries?

There 5 volunteers at Eldersource Institute Inc.

Here are 6 key members and their salaries:


Mike Jorgensen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Gaines (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ashley Jennings (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Fraser (Treasuer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr William Aternent (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Levin (Executive Director)
  • Compensation: $0
  • Related: $166,705
  • Other: $0


Official website here: www.myeldersource.org

Where can I find the form 990 for Eldersource Institute Inc?

Eldersource Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.myeldersource.org

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

Mission Statement of Eldersource Institute Inc

Eldersource Institute, a renowned organization, is committed to empowering individuals to live and age with dignity and independence in their own homes and communities. By providing mission-aligned services, Eldersource Institute aims to reach and serve more people, generating net income to reinvest and expand its reach further. The institute is particularly dedicated to addressing the unique needs of the LGBT senior community.

To achieve this, Eldersource Institute offers LGBT Elder Cultural Competency Training for professionals who work with older adults. This training equips these professionals with essential concepts, vocabulary, and an understanding of the numerous barriers faced by the LGBT community. By participating in this training, professionals gain the necessary tools to confidently and comfortably care for and work with LGBT seniors, thereby benefiting countless clients. Unfortunately, due to the COVID-19 pandemic, in-person training events had to be postponed in 2020. However, once it is safe to do so, Eldersource Institute will resume hosting these events to continue its mission of serving and empowering the elderly community, particularly the LGBT seniors.

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Impact




October, 2024

Eldersource Institute Inc significantly impacts the lives of older adults, particularly within the LGBTQ+ community, by providing essential training that enhances the cultural competency of professionals working with seniors. The institute offers specialized training that equips participants with a deeper understanding of the unique challenges and barriers faced by LGBT elders. This initiative not only fosters an inclusive environment but also ensures that professionals are better prepared to offer compassionate and informed care.

In 2019 alone, Eldersource Institute trained over 800 professionals, creating a ripple effect wherein countless clients benefited directly from this enhanced understanding and support. This training helps bridge gaps in care, allowing LGBT seniors to receive the dignity and respect they deserve as they navigate their later years.

Despite setbacks due to COVID-19, the institute remains committed to resuming its impactful programs, ensuring that it continues to empower individuals to live and age with independence and dignity in their communities. Through its innovative services and reinvestment strategies, Eldersource is dedicated to expanding its reach and nurturing a more inclusive society for all seniors.




This information is meant to be a general summary of Eldersource Institute 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
$9,001 (2023)
Expenses
$6,897 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $8,990
  • Gross Receipts: $9,001

Assets and Liabilities:

  • Total Assets: $62,060
  • Total Liabilities: $2,725
  • Net Assets: $59,335

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Programs

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

TRAINING

Revenue

$8,990

Organization Details

Founding Year

2015

Principal Officer

Linda Levin

NTEE Category

Code: P81 - Human services

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