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 HillELIZABETH HILL
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Steve MonahanSTEVE MONAHAN
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Lynette KillenLYNETTE KILLEN
1ST VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Joy Beller ShoreJOY BELLER SHORE
2ND VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
William TraskWILLIAM TRASK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Kathy EsibillKATHY ESIBILL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Beth DrapkinBETH DRAPKIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Margaret StevensMARGARET STEVENS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Melissa AvrahamMELISSA AVRAHAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Warren AyersWARREN AYERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Kathryn BeldowskiKATHRYN 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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