AREA 10 COUNCIL ON AGING OF MONROE AND OWEN COUNTIES INC

EIN: 310955307 501(c)(3) Human Services

ELLETTSVILLE, IN

Total Revenue
$5,035,312
Total Expenses
$4,692,809
Total Assets
$7,691,856
Net Assets
$7,026,966
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
IN
Principal Officer
CHRIS MYERS
Phone
8128763383
Tax Period
2024-07-01 to 2025-06-30

AREA 10 COUNCIL ON AGING OF MONROE AND OWEN COUNTIES INC, founded in 1978, is a community nonprofit in the Human Services sector that reported $5.0M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $4.7M left a modest 7% surplus.

Mission

AREA 10 COUNCIL ON AGING IS A DESIGNATED AREA AGENCY ON AGING FOR MONROE AND OWEN COUNTIES IN THE STATE OF INDIANA. THE AGENCY'S PRIMARY PURPOSE IS TO PLAN, DEVELOP, COORDINATE AND PROVIDE SERVICES FOR PERSONS AGE 60 AND OLDER AND DISABLED PEOPLE OF ANY AGE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,534,167
Program Service Revenue $1,348,898
Investment Income $130,409
Other Revenue $21,838
TOTAL REVENUE $5,035,312

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,513,631
Fundraising Expenses $0
Program Expenses $4,401,328
Other Expenses $2,179,178
TOTAL EXPENSES $4,692,809

Year-over-Year Comparison

2024 2023 Change
Revenue $5,035,312 $6,331,212 -0.2%
Expenses $4,692,809 $5,615,981 -0.2%
Net Income $342,503 $715,231 -0.5%
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
9
Independent Members
9
Employees
79
Volunteers
160

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
$113,727
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUG JOHNSON VICE CHAIR 2.00
Officer Director
$0 $0 $0
SANDRA MCGOW DIRECTOR 2.00
Director
$0 $0 $0
BETHENY MORLEY DIRECTOR 2.00
Director
$0 $0 $0
DEBBIE WAMPLER DIRECTOR 2.00
Director
$0 $0 $0
DEBRA VANCE DIRECTOR 2.00
Director
$0 $0 $0
WESLEY TARR DIRECTOR 2.00
Director
$0 $0 $0
CHRIS MYERS CEO 40.00
Officer
$96,876 $16,851 $113,727
RANDY GOODMAN CHAIR 2.00
Officer
$0 $0 $0
TOM ORMAN SECRETARY/TREASURER 2.00
Officer
$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 $5,035,312 $4,692,809 $7,691,856 $342,503
2024 $6,331,212 $5,615,981 $7,320,863 $715,231
2023 $5,477,735 $5,067,090 $6,654,062 $410,645
2022 $5,131,066 $4,276,773 $6,270,613 $854,293
2021 $5,155,876 $4,064,577 $5,506,638 $1,091,299
2020 $4,791,003 $4,493,968 $5,010,145 $297,035
2019 $4,108,101 $3,822,450 $4,379,936 $285,651
2018 $4,108,756 $3,947,451 $4,173,087 $161,305
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