Philadelphia Corporation of Aging

EIN: 231905649 501(c)(3) Human Services

Philadelphia, PA

Total Revenue
$92,578,570
Total Expenses
$80,853,223
Total Assets
$54,079,800
Net Assets
$29,013,887
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
PA
Principal Officer
Joel TeBeest
Phone
2157659000
Tax Period
2022-07-01 to 2023-06-30

Philadelphia Corporation of Aging, founded in 1973, is a mid-sized nonprofit in the Human Services sector that reported $92.6M in total revenue in fiscal year 2022. Revenue decreased 14% compared to the prior year. Expenses of $80.9M left a modest 13% surplus.

Mission

The mission of the Philadelphia Corporation of Aging is to improve the quality of life for older citizens within the City of Philadelphia and the surrounding areas.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $76,865,919
Program Service Revenue $14,618,808
Investment Income $128,208
Other Revenue $965,635
TOTAL REVENUE $92,578,570

Expense Breakdown

Grants Paid $0
Salaries & Benefits $33,247,382
Fundraising Expenses $0
Program Expenses $71,717,131
Other Expenses $47,605,841
TOTAL EXPENSES $80,853,223

Year-over-Year Comparison

2022 2021 Change
Revenue $92,578,570 $107,503,812 -0.1%
Expenses $80,853,223 $79,681,576 +0.0%
Net Income $11,725,347 $27,822,236 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
478
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Louis A Bove Director 003.00
$0 $0 $0
Nora Dowd Eisenhower Director 003.00
$0 $0 $0
Lynn Field Harris Director 003.00
$0 $0 $0
Angela Foreshaw Rouse Director 003.00
$0 $0 $0
Sandra McNally Director 003.00
$0 $0 $0
Fran Miller Director 003.00
$0 $0 $0
Victor M Negron Director 003.00
$0 $0 $0
Eloise N Young Director 003.00
$0 $0 $0
Jacqueline S Zinn Director 003.00
$0 $0 $0
Katherine E Galluzzi Board Chair 005.00
Officer
$0 $0 $0
Judee M Bavaria Board Vice Chair 005.00
Officer
$0 $0 $0
Glenn D Bryan Treasurer 003.00
Officer
$0 $0 $0
Satya B Verma Secretary 003.00
Officer
$0 $0 $0
Najja Orr CEO 040.00
Key Emp Highest
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $92,578,570 $80,853,223 $54,079,800 $11,725,347
2022 $107,503,812 $79,681,576 $49,296,964 $27,822,236
2021 $88,420,112 $83,300,149 $34,478,381 $5,119,963
2020 $84,188,463 $84,035,737 $32,268,411 $152,726
2019 $100,493,305 $99,063,736 $34,572,780 $1,429,569
2018 $101,699,528 $103,437,041 $37,589,200 $-1,737,513
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