Public Charity

AREA AGENCY ON AGING OF PALM BEACH TREASURE COAST INC

AREA AGENCY ON AGING OF PALM BEACH TREASURE COAST INC is a Public Charity headquartered in WEST PALM BEACH, FL. Financial data from the 2024 filing: $38.9M revenue, $37.6M expenses, $13.6M total assets. 22 publicly reported grants to this organization, totaling roughly $2.2M, appear in IRS filings.

EIN: 650087858 WEST PALM BEACH, FL Senior Centers NTEE: P81 Latest filing: 2024
Total Revenue$38.9M
Total Expenses$37.6M
Total Assets$13.6M
Grant Records22
Funding Total$2.2M
Filing Years2019–2024

Mission

THE AREA AGENCY ON AGING OF PALM BEACH/TREASURE COAST IS A PRIVATE, NON-PROFIT, REGIONAL AGENCY WHOSE MISSION IS TO ADVOCATE, PLAN AND PROMOTE THE INDEPENDENCE, DIGNITY, HEALTH AND WELL-BEING OF SENIORS AND THEIR CAREGIVERS IN A MANNER THAT EMBRACES DIVERSITY AND REFLECTS THE COMMUNITIES WE SERVE ESTABLISHED BY THE OLDER AMERICANS ACT. THE AGENCY ADMINISTERS A NETWORK OF SERVICES FOR THE AGING POPULATION IN PALM BEACH, MARTIN, ST. LUCIE, INDIAN RIVER AND OKEECHOBEE COUNTIES. THE GOAL OF THE AGENCY IS TO MEET THE NUTRITIONAL AND SOCIAL NEEDS OF THE AGING POPULATION. TO CARRY OUT THIS GOAL, THE AGENCY CONDUCTS ANNUAL ASSESSMENTS OF THE NEEDS OF THE ELDERLY POPULATION, DETERMINES RESOURCES AVAILABLE TO SATISFY THESE NEEDS, AND THEN PLANS AND COORDINATES PROGRAMS AVAILABLE TO ALLEVIATE THE IDENTIFIED NEEDS. THE AGENCY AWARDS SERVICE PROVIDER CONTRACTS TO THE APPROPRIATE LOCAL AGENCIES, WHICH PROVIDE THE SERVICE TO THE AGING POPULATION.

Where $100 goes at Area Agency on Aging of Palm Beach Treasure Coast Inc

How Area Agency on Aging of Palm Beach Treasure Coast Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$96 Programs the work itself
$4 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $96 for programs

$90
Department of elder affairs programs
94% of program spending · Reported in the filing: 7,117 clients; 2,013 seniors; 99,536 clients
$4
Veterans choice program
4% of program spending · Reported in the filing: 81 veterans
$2
Foster grandparents program
2% of program spending · Reported in the filing: 100 volunteers; 814 children

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CEO Dwight Chenette
CFO Holly Vath
DIRECTOR Ian Cordes
VICE-CHAIR Lewis Silverman
DIRECTOR OF CONSUMER CARE Nancy Yarnall
DIRECTOR Phillip Weintraub

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,764,819 17 grants
Human & Social Services
$286,991 3 grants
Public Safety & Disaster Relief
$50,000 1 grant
Unspecified
$102,850 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $38.9M $37.6M $13.6M
2023 $38.1M $37.0M $12.0M
2022 $34.9M $34.5M $12.2M
2020 $30.1M $28.9M $11.1M
2019 $25.3M $25.4M $5.1M

Between 2019 and 2024, reported annual revenue grew from $25.3M to $38.9M (+54%), with total assets most recently reported at $13.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for AREA AGENCY ON AGING OF PALM BEACH TREASURE COAST INC

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