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Nonprofiteer
← FUND FOR THE AGED INC

Form 990 for tax year 2022

Filed by FUND FOR THE AGED INC.

Totals

Total revenue
$5,125,717
Total expenses
$9,688,721
Contributions and grants received
$3,627,559
Grants paid
$7,101,592
Program services expenses (Part IX)
$7,101,592
Management and general expenses
$543,763
Fundraising expenses
$2,043,366
Program service expenses (Part III)
$7,101,592

Program services were 73.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ALAN ALTSCHULER

    TREASURER

    Total calculated
    $0
    Hours/week
    0.2 + 2.6 related
  • ELIZABETH PAGEL SEREBRANSKY

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    0.2 + 2.6 related
  • JEFFREY I FARBER MD

    PRESIDENT & CEO

    Total calculated
    $1,114,550
    From this org
    $0
    From related orgs
    $1,033,795
    Other
    $80,755
    Hours/week
    0.65 + 44.35 related

    Schedule J breakdown matched by us

    Base
    $0 + $838,117 related
    Bonus
    $0 + $115,156 related
    Other
    $0 + $80,522 related
    Deferred
    $0 + $20,114 related
    Nontaxable benefits
    $0 + $60,641 related
    Filer's total
    $0 + $1,114,550 related
  • JONATHAN HOCHBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 0.6 related
  • LYNN OBERLANDER

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.2 + 2 related
  • MICHAEL LUSKIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 0.6 related
  • TAMI SCHNEIDER

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    0.2 + 2.6 related
  • MARK WEISS

    CFO

    Total calculated
    $524,262
    From this org
    $0
    From related orgs
    $495,741
    Other
    $28,521
    Hours/week
    0.65 + 44.35 related

    Schedule J breakdown matched by us

    Base
    $0 + $494,499 related
    Bonus
    $0
    Other
    $0 + $1,242 related
    Deferred
    $0 + $12,347 related
    Nontaxable benefits
    $0 + $16,174 related
    Filer's total
    $0 + $524,262 related
  • ALYSSA HERMAN

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $353,582
    From this org
    $291,181
    From related orgs
    $0
    Other
    $62,401
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $290,491
    Bonus
    $0
    Other
    $690
    Deferred
    $9,860
    Nontaxable benefits
    $52,541
    Filer's total
    $353,582
  • EVE MARSAN

    DIRECTOR OF SPECIAL EVENTS

    Total calculated
    $123,993
    From this org
    $109,599
    From related orgs
    $0
    Other
    $14,394
    Hours/week
    35
  • TAMAR MAJOR

    VP OF DEVELOPMENT

    Total calculated
    $267,399
    From this org
    $214,203
    From related orgs
    $0
    Other
    $53,196
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $212,913
    Bonus
    $0
    Other
    $1,290
    Deferred
    $7,221
    Nontaxable benefits
    $45,975
    Filer's total
    $267,399
  • TAMARA THOMPSON

    SENIOR DIRECTOR

    Total calculated
    $167,137
    From this org
    $142,079
    From related orgs
    $0
    Other
    $25,058
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $140,789
    Bonus
    $0
    Other
    $1,290
    Deferred
    $0
    Nontaxable benefits
    $25,058
    Filer's total
    $167,137

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
THE PRESIDENT AND CEO PARTICIPATED IN A NONQUALIFIED RETIREMENT PLAN WITH A RELATED ORGANIZATION.
PART I, LINE 7
THE BONUSES ARE BASED UPON EMPLOYEES ACHIEVING GOALS SET AT THE BEGINNING OF THE YEAR. THE BONUS IS RECOMMENDED TO THE COMPENSATION COMMITTEE CHAIRED BY AND INDEPENDENT DIRECTOR OF THE NEW JEWISH HOME.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202343149349303834

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