AGING RESOURCES OF CENTRAL IOWA

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

JOEL L OLAH

Phone

5156339510

Tax Period

2022-07-01 to 2023-06-30

AGING RESOURCES OF CENTRAL IOWA, founded in 1982, is a community nonprofit in the Human Services sector that reported $6.1M in total revenue in fiscal year 2022.

Mission

THE MISSION OF AGING RESOURCES OF CENTRAL IOWA IS TO LEAD, ADVOCATE, AND SERVE; AS WELL AS PLAN AND COORDINATE RESOURCES IN THE PROVISION OF SERVICES TO OLDER PERSONS IN CENTRAL IOWA, THEIR FAMILIES, CAREGIVERS, OR REPRESENTATIVES, ENABLING ELDERS TO LEAD INDEPENDENT, MEANINGFUL, AND DIGNIFIED LIVES IN THE LEAST RESTRICTIVE ENVIRONMENT.

Program Service Accomplishments

Program 1

Expenses: $2,536,749

NUTRITION AND HEALTH PROMOTION ACTIVITIESCONGREGATE MEALS: 208,036 MEALS FOR 4,476 PEOPLE HOME DELIVERED MEALS: 333,280 MEALS FOR 2,769 PEOPLE NUTRITION COUNSELING: 65 HOURS FOR 38 PEOPLE NUTRITION EDUCATION: 32,039 SESSIONS FOR 4,704 PEOPLE HEALTH PROMOTION EVIDENCE BASED: 180 CLIENTS COMPLETED HEALTH PROMOTION NON-EVIDENCE BASED: 24,408 CONTACTS FOR 2,116 PEOPLE

Program 2

Expenses: $1,699,833 Revenue: $120,895

SERVICES TO PROMOTE INDEPENDENCEADULT DAY CARE: 5,546 DAYS OF SERVICE FOR 104 PEOPLE CHORE: 731 HOURS OF SERVICE FOR 43 PEOPLEEMERGENCY RESPONSE SYSTEMS: 265 MONTHS OF SERVICE FOR 41 PEOPLE MATERIAL AID: 2,605 ITEMS FOR 993 PEOPLE OUTREACH: 3,636 CONTACTS FOR 2,681 PEOPLE PERSONAL CARE/HOMEMAKER: 5,506 HOURS OF SERVICE FOR 143 PEOPLE RESPITE: 6,884 HOURS OF SERVICE FOR 81 PEOPLE TRAINING AND EDUCATION: 1,064 ACTIVITIES FOR 21,906 PEOPLE TRANSPORTATION: 47,683 ONE WAY TRIPS FOR 1,339 PEOPLE

Program 3

Expenses: $1,222,529

INFORMATION AND SERVICE ASSISTANCE CASE MANAGEMENT: 580 HOURS OF SERVICE FOR 27 PEOPLE ELDER ABUSE PREVENTIONS AND AWARENESS: 1,686 HOURS OF SERVICE FOR 336 PEOPLE INFORMATION AND ASSISTANCE: 13,690 CONTACTS FOR 6,111 PEOPLE LEGAL SERVICES: 2,808 HOURS OF SERVICE FOR 958 PEOPLE OPTIONS COUNSELING: 1,859 HOURS OF SERVICE FOR 244 PEOPLE

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $5,983,455

Program Service Revenue $120,895

Investment Income $15,572

Other Revenue $614

TOTAL REVENUE $6,120,536

Expense Breakdown

Grants Paid $3,653,039

Salaries & Benefits $1,928,969

Fundraising Expenses $0

Program Expenses $5,806,020

Other Expenses $533,323

TOTAL EXPENSES $6,115,331

Year-over-Year Comparison

	2022	2021	Change
Revenue	$6,120,536	$5,844,450	+0.0%
Expenses	$6,115,331	$5,843,039	+0.0%
Net Income	$5,205	$1,411	+2.7%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$269,450

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE VAN OORT	CHAIR	2.00	Officer Director	$0	$0	$0
LINDA WESTERGAARD	VICE CHAIR	2.00	Officer Director	$0	$0	$0
DON CORRIGAN	SECRETARY	2.00	Officer Director	$0	$0	$0
MARK SNELL	DIRECTOR	2.00	Director	$0	$0	$0
RON JOME	DIRECTOR	2.00	Director	$0	$0	$0
PAMELA MYERS	DIRECTOR	2.00	Director	$0	$0	$0
KIM CHAPMAN	DIRECTOR	2.00	Director	$0	$0	$0
NANCY NICHOLS	DIRECTOR	2.00	Director	$0	$0	$0
RACHEL CECIL	DIRECTOR	2.00	Director	$0	$0	$0
PHIL CLIFTON	DIRECTOR	2.00	Director	$0	$0	$0
KYLON SCHMITT	DIRECTOR	2.00	Director	$0	$0	$0
LISA HEDDENS	DIRECTOR	2.00	Director	$0	$0	$0
RON SMITH	DIRECTOR	2.00	Director	$0	$0	$0
C JEAN LAVERTY	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT MAHAFFEY	DIRECTOR	2.00	Director	$0	$0	$0
MARK RAYMIE	DIRECTOR	2.00	Director	$0	$0	$0
JOEL OLAH	EXECUTIVE DIRECTOR	40.00	Officer	$108,672	$20,117	$128,789
LESTER BASCOM	FISCAL DIRECTOR	40.00	Officer	$101,029	$39,632	$140,661

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	$6,120,536	$6,115,331	$2,073,020	$5,205
2022	$5,844,450	$5,843,039	$1,430,040	$1,411
2021	$5,359,650	$5,373,772	$1,507,891	$-14,122