Overview
What is Virginia Association Of Area Agencies On Aging Inc?
Virginia Association of Area Agencies On Aging Inc is a nonprofit organization situated in Richmond, Virginia. With a team of two dedicated individuals, their primary mission is to strengthen the capacity of member agencies to improve the lives of older adults, individuals with disabilities, caregivers, and communities in need. They achieve this by enriching their quality of life through various support and service initiatives. One of their notable programs involves training volunteer retirees, known as the Senior Medicare Patrol, to combat Medicare and Medicaid fraud. These volunteers then provide educational presentations in their communities, raising awareness and preventing fraudulent activities. By offering these resources, Virginia Association of Area Agencies On Aging Inc plays a crucial role in safeguarding the financial and health well-being of its community members.
Official website here: www.vaaaa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
The Virginia Association of Area Agencies on Aging Inc has received a solid rating of 85%, indicating a commendable level of accountability and financial health. The organization's overall score is derived entirely from its Accountability & Finance metrics, where it scored 85%. This suggests that the nonprofit is managing its funds responsibly and is likely to use the majority of its resources effectively towards its mission.
Strengths of the organization include a fully independent board of directors, which contributes to strong governance practices. It has also established comprehensive policies related to conflict of interest, whistleblower protection, and document retention, all of which demonstrate a commitment to transparency and ethical standards. The organization also excels in program expense ratio, with nearly 90% of its expenses going directly to its programs.
However, a notable area for improvement is the liabilities to assets ratio, which stands at 64.22%. This indicates that a significant portion of the organization's assets is tied up in liabilities, which could potentially limit its financial flexibility. Despite this, the overall financial practices appear sound, allowing for continued service to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Association Of Area Agencies On Aging Inc legitimate?
Virginia Association Of Area Agencies On Aging Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Association Of Area Agencies On 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $150,949
For more financial information, click here
Official website here: www.vaaaa.org
What is the mission statement of Virginia Association Of Area Agencies On Aging Inc?
The Virginia Association of Area Agencies on Aging Inc's mission is to enhance the quality of life for all Virginians, particularly older adults, individuals with disabilities, caregivers, and communities in need of support and services. They achieve this by maximizing the capacity of their member agencies. This organization strives to enrich lives by offering support and services, thereby improving the overall well-being of these groups. Their mission is to make a positive impact on the lives of these individuals, ensuring they live their best possible lives. Additionally, they organize a Senior Medicare Patrol, training volunteer retirees to combat Medicare and Medicaid fraud and provide educational presentations in their communities.
Official website here: www.vaaaa.org
Who is the CEO of Virginia Association Of Area Agencies On Aging Inc?
Eldon James is the Director of Virginia Association Of Area Agencies On Aging Inc.
Official website here: www.vaaaa.org
What is the revenue of Virginia Association Of Area Agencies On Aging Inc?
Virginia Association Of Area Agencies On Aging Inc's revenue in 2023 was $935,749.
Official website here: www.vaaaa.org
Who are the executives of Virginia Association Of Area Agencies On Aging Inc and what are their salaries?
The average compensation at Virginia Association Of Area Agencies On Aging Inc during 2023 was $75,474. There are 2 employees and 312 volunteers at Virginia Association Of Area Agencies On Aging Inc.
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Official website here: www.vaaaa.org
Where can I find the form 990 for Virginia Association Of Area Agencies On Aging Inc?
Virginia Association Of Area Agencies On Aging Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vaaaa.org
Learn more at the official website: www.vaaaa.org
Mission Statement of Virginia Association Of Area Agencies On Aging Inc
Virginia Association of Area Agencies on Aging Inc is committed to enhancing the quality of life for all Virginians, particularly older adults, individuals with disabilities, caregivers, and communities in need of support and services. To achieve this mission, the organization maximizes the capacity of its member agencies. It does this by enriching their abilities to provide essential services and resources, ultimately aiming to improve the lives of those they serve. This nonprofit organization plays a crucial role in uplifting these vulnerable populations, ensuring they have access to the support they need to live fulfilling lives.
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Impact
July, 2024
The Virginia Association of Area Agencies on Aging Inc maximizes the capacity of its member agencies to enhance the quality of life for all Virginians by enriching the lives of older adults, individuals with disabilities, caregivers, and communities in need of support and services. One of the impactful programs initiated by this organization is the creation of a Senior Medicare Patrol of volunteer retirees who are trained to address issues of Medicare and Medicaid fraud. These volunteers provide educational presentations on fraud prevention in their communities, helping to protect vulnerable populations and increase awareness about healthcare fraud. Through such initiatives, the Virginia Association of Area Agencies on Aging Inc plays a crucial role in safeguarding the well-being of seniors and individuals in need of support across the state.
This information is meant to be a general summary of Virginia Association Of Area Agencies On 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $111
- Program Service Revenue: $250,193
- Gross Receipts: $941,884
Assets and Liabilities:
- Total Assets: $368,429
- Total Liabilities: $236,620
- Net Assets: $131,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNOR'S CONFERENCE
Revenue
$200,973
MISCELLANEOUS
Revenue
$39,630
MEETINGS AND TRAINING INCOME
Revenue
$9,590
Organization Details
Founding Year
1978
Phone
(804) 644-2804Principal Officer
Eldon James
Main Address
701 E FRANKLIN STREET SUITE 807, RICHMOND, VA, 23219
Website
www.vaaaa.orgNTEE Category
Code: P81 - Human services
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