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Elderfriends A Foundation For Older Adults

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

EIN: 861028945 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Elderfriends A Foundation For Older Adults?

Elderfriends A Foundation for Older Adults is a nonprofit organization situated in Phoenix, Arizona. Its primary focus is to fundraise for the well-being of the elderly community. Originating with the aim to establish community resources and address the unmet needs of older adults, this foundation does not operate its own programs. Instead, it serves as a catalyst for improving the lives of senior citizens in the area by supporting existing services and initiatives.

Is Elderfriends A Foundation For Older Adults legitimate?

Elderfriends A Foundation For Older Adults is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elderfriends A Foundation For Older Adults submitted a form 990EZ, 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.

What is the mission statement of Elderfriends A Foundation For Older Adults?

Elderfriends A Foundation For Older Adults is dedicated to improving the lives of the elderly community. Established with the aim of addressing unmet needs, the foundation raises funds to support services for older adults. Although it does not operate its own programs, its mission is to create and leverage community resources to benefit this population. The organization's primary goal is to enhance the well-being and quality of life for the elderly population.

Who is the CEO of Elderfriends A Foundation For Older Adults?

Unavailable The CEO's salary of Elderfriends A Foundation For Older Adults is $275,278 and their total compensation is $275,278.

What is the revenue of Elderfriends A Foundation For Older Adults?

Elderfriends A Foundation For Older Adults's revenue in 2022 was $141,668.

Who are the executives of Elderfriends A Foundation For Older Adults and what are their salaries?


Here are 2 key members and their salaries (Elderfriends A Foundation For Older Adults's CEO's salary is $275,278 and their total compensation is $275,278):


Cathy Shumard (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Lynn Kasunic (President And Ceo)
  • Compensation: $275,278
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Elderfriends A Foundation For Older Adults?

Elderfriends A Foundation For Older Adults's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Elderfriends A Foundation For Older Adults

Elderfriends A Foundation For Older Adults is dedicated to uplifting the elderly community by raising funds to establish resources tailored to their unique needs. Established with this purpose, the foundation's mission is to enhance the lives of older adults in various capacities. Although Elderfriends A Foundation For Older Adults does not operate its own programs directly, its focus is on supporting and improving services for seniors in the community. By addressing unmet needs of the elderly population, the foundation aims to make a significant impact on their well-being.

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Impact




October, 2024

Elderfriends A Foundation For Older Adults significantly enhances the quality of life for older adults in Phoenix, Arizona, by addressing their unmet needs through strategic fundraising efforts. By creating community resources, the foundation ensures that vital services are accessible to the elderly population. Although it does not run its own programs, its commitment to elevating the well-being of seniors fosters a supportive environment that connects them with essential services and resources. This impact resonates throughout the community, strengthening the safety net for older adults and promoting their overall health and happiness.




This information is meant to be a general summary of Elderfriends A Foundation For Older Adults. 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
$141,668 (2022)
Expenses
$94,351 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8
  • Gross Receipts: $141,668

Assets and Liabilities:

  • Total Assets: $399,753
  • Total Liabilities: $54,147
  • Net Assets: $345,606

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Organization Details

Main Address

1366 EAST THOMAS ROAD STE 108, PHOENIX, AZ, 85014

NTEE Category

Code: P118 - Human services

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