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Nonprofiteer
← ELDERNET OF LOWER MERION AND NARBERTH

Form 990 for tax year 2023

Filed by ELDERNET OF LOWER MERION AND NARBERTH.

Totals

Total revenue
$1,119,232
Total expenses
$849,219
Contributions and grants received
$1,086,865
Grants paid
$0
Program service revenue
$0
Investment income
$32,367
Other revenue
$0
Total assets, end of year
$1,798,678
Total liabilities, end of year
$13,847
Net assets or fund balances, end of year
$1,784,831
Program services expenses (Part IX)
$648,824
Management and general expenses
$143,632
Fundraising expenses
$56,763
Program service expenses (Part III)
$648,824

Program services were 76.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $167,581

  • 1f · All other contributions, gifts and grants

    $919,284

  • 1g · Noncash contributions included above

    $216,914

  • 3 · Investment income

    total $32,367 · excluded $32,367

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $388,467 · program services $289,273 · management and general $69,129 · fundraising $30,065

  • 9 · Other employee benefits

    total $3,081 · program services $2,295 · management and general $548 · fundraising $238

  • 10 · Payroll taxes

    total $31,729 · program services $23,627 · management and general $5,646 · fundraising $2,456

  • 11c · Fees: accounting

    total $13,000 · management and general $13,000

  • 11g · Fees: other

    total $79,084 · program services $12,740 · management and general $50,419 · fundraising $15,925

  • 13 · Office expenses

    total $3,913 · program services $3,405 · management and general $391 · fundraising $117

  • 22 · Depreciation, depletion and amortization

    total $1,500 · program services $1,350 · management and general $150

  • 23 · Insurance

    total $4,970 · program services $2,705 · management and general $2,206 · fundraising $59

  • 24a · Other expenses: DONATED FOOD AND MEALS

    total $201,812 · program services $201,812

  • 24b · Other expenses: PROGRAMS

    total $53,103 · program services $53,103

  • 24c · Other expenses: CDBG COVID PANTRY MEALS

    total $18,848 · program services $18,848

  • 24d · Other expenses: OTHER EXPENSES

    total $18,458 · program services $14,766 · management and general $1,846 · fundraising $1,846

  • 24e · All other expenses

    total $31,254 · program services $24,900 · management and general $297 · fundraising $6,057

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $123,307 · end of year $62,812

  • 3 · Pledges and grants receivable

    beginning of year $58,966 · end of year $37,049

  • 4 · Accounts receivable

    beginning of year $430 · end of year $73,503

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,490 · end of year $3,973

  • 10a · Land, buildings and equipment: cost or other basis

    $68,317

  • 10b · Land, buildings and equipment: accumulated depreciation

    $64,129

  • 10c · Land, buildings and equipment, net

    beginning of year $4,538 · end of year $4,188

  • 11 · Investments: publicly traded securities

    beginning of year $1,217,217 · end of year $1,617,153

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,876 · end of year $13,847

  • 27 · Net assets without donor restrictions

    beginning of year $1,290,924 · end of year $1,657,066

  • 28 · Net assets with donor restrictions

    beginning of year $107,148 · end of year $127,765

Mission and programs · 2023

Mission

ELDERNET PROVIDES A SAFETY NET FOR OLDER AND DISABLED ADULTS TO HELP THEM REMAIN IN THEIR HOMES WITH DIGNITY, AND STRENGTHENS FOOD AND FINANCIAL SECURITY FOR ALL COMMUNITY MEMBERS IN NEED OF SUPPORT.

Activities or mission (Part I)

ELDERNET PROVIDES A SAFETY NET FOR OLDER AND DISABLED ADULTS AND ADDRESSES FOOD INSECURITY FOR ALL LOWER MERION TOWNSHIP RESIDENTS.

  • FOR NEARLY 50 YEARS, ELDERNET OF LOWER MERION AND NARBERTH HAS SERVED THE LOCAL COMMUNITY BY HELPING TO ENSURE THAT LOW TO MODERATE INCOME LOCAL SENIORS (AGE 60+) AND ADULTS WITH DISABILITIES CAN LEAD FULL AND INDEPENDENT LIVES AND REMAIN IN THEIR HOMES AND COMMUNITY. ELDERNET CONTINUES TO ENSURE THAT OUR NEIGHBORS' BASIC NEEDS ARE MET WHILE ALSO BUILDING RELATIONSHIPS ACROSS BOUNDARIES AND PROVIDING THE SOCIAL INTERACTIONS THAT ARE PROVEN TO IMPROVE THE QUALITY AND LIFE EXPECTANCY OF OLDER ADULTS. ELDERNET TO DECREASES OLDER ADULT ISOLATION, PROVIDES HUNGER RELIEF, BROADENS ACCESS TO HEALTH CARE, AND PROMOTES THE FINANCIAL STABILITY AND INDEPENDENCE THAT ALLOWS OLDER ADULTS TO AGE SAFELY IN THEIR HOMES. WITH OUR EXTENSIVE NETWORK OF VOLUNTEERS, ELDERNET OFFERS THREE MAIN PROGRAMS TO THOSE WHO QUALIFY: VOLUNTEER SERVICES, COMMUNITY RESOURCE CENTER AND FOOD PANTRY, AND CARE MANAGEMENT SERVICES. ALL ELDERNET'S PROGRAMS ARE FREE TO PARTICIPANTS WHO ARE FIRST SCREENED FOR ELIGIBILITY BY SOCIAL WORKERS IN OUR CARE MANAGEMENT DEPARTMENT. VOLUNTEER SERVICESELDERNET VOLUNTEERS DRIVE PARTICIPANTS TO MEDICAL APPOINTMENTS AND OTHER ESSENTIAL ERRANDS. THEY VISIT PARTICIPANTS IN THEIR HOMES AND ASSIST WITH ODD JOBS AS NEEDED. LAST FISCAL YEAR, 139 VOLUNTEERS WORKED 6,439 VOLUNTEER HOURS PROVIDING 2,122 ROUND-TRIP RIDES TO 144 PARTICIPANTS. THIS IMPORTANT SERVICE ENABLES PARTICIPANTS TO REMAIN HEALTHY AT HOME WHILE ALSO PROVIDING THEM WITH A PERSONAL ESCORT TO THEIR APPOINTMENTS. THIS SOCIAL INTERACTION IS ALSO CRUCIAL TO THE HEALTH OF OUR PARTICIPANTS AND THE VALUE OF THE ONGOING RELATIONSHIPS THAT OFTEN DEVELOP BETWEEN PARTICIPANTS AND THEIR VOLUNTEER DRIVERS CANNOT BE QUANTIFIED.COMMUNITY RESOURCE CENTER AND FOOD PANTRYTHE LOWER MERION TOWNSHIP 2022 COMMUNITY NEEDS ASSESSMENT SHOWED THAT FOOD INSECURITY WAS ONE OF THE MOST PRESSING NEEDS FACING RESIDENTS. GOVERNMENT CUTS EARLIER THIS YEAR TO THE BENEFITS THAT PARTICIPANTS RECEIVE TO LESSEN FOOD INSECURITY HAVE ONLY INTENSIFIED THAT NEEDED. THE CENTER AND PANTRY PROVIDE A PLACE FOR QUALIFIED PARTICIPANTS TO SHOP FOR FRESH PRODUCE, MILK, BREAD, MEAT AND PRE-PACKAGED AND CANNED FOOD. MANY PERSONAL HYGIENE PRODUCTS, LIKE TOILET PAPER, CANNOT BE PURCHASED WITH GOVERNMENT BENEFITS SO REMAIN IN GREAT DEMAND AT THE PANTRY SO MUCH SO THAT KEEPING IT SUFFICIENTLY STOCKED IS AN ONGOING CHALLENGE. LAST FISCAL YEAR, 40 VOLUNTEERS WORKED 2,010 VOLUNTEER HOURS DISTRIBUTING 101,650 POUNDS OF FOOD VALUED AT $201,268 TO 2,174 PARTICIPANTS. THE DIRE NEED FOR THIS SERVICE IN OUR COMMUNITY IS EVIDENCED BY THE FACT THAT YEAR-OVER-YEAR THE POUNDAGE OF FOOD DISTRIBUTED HAS INCREASED BY ALMOST 40%.CARE MANAGEMENTWITH SUPPORT FROM THE MONTGOMERY COUNTY OFFICE ON AGING AND ADULT SERVICES, ELDERNET IS THE ONLY INTENSIVE SERVICES PROVIDER TO SENIORS IN THE TOWNSHIP. THIS SUPPORT IS PROVIDED BY TWO LICENSED SOCIAL WORKERS WHO ASSIST PARTICIPANTS IN ACCESSING BENEFITS AND COMMUNITY-BASED RESOURCES THAT HELP THEM TO REMAIN HEALTHY IN THEIR HOMES. ELDERNET'S SOCIAL WORKERS IN THE CARE MANAGEMENT DEPARTMENT TOUCHED EVERY PARTICIPANT WHO AVAILED THEMSELVES OF OUR SERVICES EACH YEAR. LAST FISCAL YEAR, 281 UNDUPLICATED PARTICIPANTS AND THEIR FAMILIES WERE HELPED. IN ADDITION, WE HAVE A CONTRACT WITH MONTGOMERY COUNTY TO BE ONE OF THREE SIS (SENIOR INTENSIVE SERVICES) PROVIDERS IN THE COUNTY AND WE ARE THE ONLY PROVIDER IN LOWER MERION.

    Expenses $648,824

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Elizabeth Hill

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Steve Monahan

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Lynette Killen

    1ST VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3
  • Joy Beller Shore

    2ND VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3
  • William Trask

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Kathy Esibill

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Beth Drapkin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Margaret Stevens

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Melissa Avraham

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Warren Ayers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Kathryn Beldowski

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
19 November 2024
IRS schema version
2023v5.1
Source object
202413279349301001

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