Agespan INC FY2024 filing

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To ensure everyone's choice to lead fulfilling lives as they age.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$1.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $3.9M a year · 3% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $8K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$29.3M
45% of total assets
Looks good: liabilities are 45% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$133.8M
+17% vs prior year
Spent
$128.1M
To programs
94%
Net assets
$36.2M
By yearFY2020–FY2025
Revenue
$133.8M
FY2024▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2020$97.9M
FY2021$97.5M
FY2022$107.9M
FY2023$114.3M
FY2024$133.8M
FY2025$142.6M
Expenses
$128.1M
FY2024▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$97.5M
FY2021$93.0M
FY2022$101.0M
FY2023$112.6M
FY2024$128.1M
FY2025$138.4M
Net assets
$36.2M
FY2024▲ +20%
Tap a bar for its year
Net assets by fiscal year
FY2020$17.1M
FY2021$21.7M
FY2022$28.5M
FY2023$30.3M
FY2024$36.2M
FY2025$40.5M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1975.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $120.8M Management & general 5% · $6.9M Fundraising 0% · $332K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chief Executive Officer
$287,852Pt VII · Sec A
Chief Financial Officer
$218,286Pt VII · Sec A
Chief Operating Officer/VP
$214,603Pt VII · Sec A
Chief Strategy Officer
$184,824Pt VII · Sec A
Chief Information Officer
$169,367Pt VII · Sec A
Chief HR Officer
$167,879Pt VII · Sec A
General Counsel
$156,739Pt VII · Sec A
$0Pt VII · Sec A

Joan F Hatem-Roy’s $314K as Chief Executive Officer is at the 31st percentile of top reported officer pay among 249 $100M+ human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Joan F Hatem-Roy$313,848$287,852$276,705$227,974$230,492$191,854
Tammy a O'Donnell$223,503$218,286$225,146$178,993$172,971$145,739
Christine Tardiff$224,730—————
Christine M Tardiff—$214,603$200,577$156,103$152,287$133,439
Jennifer Raymond$192,380—————
Jennifer R Raymond—$184,824$174,448$134,411$130,598—
Shelley Desimone$177,699—————
Deborah R Crooke—$169,367$159,900$138,298$134,932—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Agespan INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Creates programs and opportunities to serve the elderly.

Questions for Agespan INC

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Your first name shows with your question. Agespan INC answers here, for everyone.

3 programs · $47.8M · in their own filed words · FY2023
01

Choices

The community choice program allows older adults who are on masshealth to receive expanded care at home, which can delay or prevent imminent placement in a long-term care facility. Eligibility for the community choice program is based on the following criteria - age 60 or older; approved for masshealth standard benefits; meet the…

$18.6Mprogram expense
02

Senior care options (sco) is a voluntary medicare advantage health plan that combines medicare and masshealth benefits. Senior care options is a comprehensive health plan that covers all of the services normally paid for through medicare and masshealth.

$17.9Mprogram expense
03

Ecop

The enhanced community options program (ecop) is designed to serve frail elders living in the community who are at risk of nursing home placement due to functional or cognitive impairment. To qualify, the person must be 60 or older, and those under age 60 may be eligible with a documentation of alzheimer's disease or a related dementia…

$11.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$8K
Grants paid · 89 grants · $3.7M · 2019–2024
Unitemized GrantFY2024$388,418
Unitemized GrantFY2024$349,516
Northeast Legal Aid INCMA · FY2024$101,909
Unitemized GrantFY2024$46,755
Unitemized GrantFY2024$32,037
Ruths House INCMA · FY2024$20,000
Lawrence Council on AgingFY2024$15,840
Middleton Council on AgingFY2024$11,667
Emmaus INCMA · FY2024$10,050
Peabody CoaFY2024$9,167
Salem CoaFY2024$9,166
Marblehead CoaFY2024$8,333
Northeast Legal Aid INCMA · FY2023$296,120
Unitemized GrantFY2023$282,676
Unitemized GrantFY2023$231,212
See all 89 grants →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $5.5M federal money spent
Special Programs for the Aging, Title III, Part C, Nutrition ServicesDepartment of Health and Human Services · ALN 93.045 · Direct and through Commonwealth of Massachusetts Executive Office of Elder Affairs$2.5M
Special Programs for the Aging, Title III, Part B, Grants for Supportive Services and Senior CentersDepartment of Health and Human Services · ALN 93.044 · Through Commonwealth of Massachusetts Executive Office of Elder Affairs$1.2M
Special Programs for the Aging, Title IV, and Title II, Discretionary ProjectsDepartment of Health and Human Services · ALN 93.048 · Direct and through Commonwealth of Massachusetts Executive Office of Elder Affairs$820K
National Family Caregiver Support, Title III, Part EDepartment of Health and Human Services · ALN 93.052 · Through Commonwealth of Massachusetts Executive Office of Elder Affairs$500K
Centers for Medicare and Medicaid Services (cms) Research, Demonstrations and EvaluationsDepartment of Health and Human Services · ALN 93.779 · Through Commonwealth of Massachusetts Executive Office of Elder Affairs$161K

Plus 6 smaller programs.

The auditor reported no findings.

Year ending Jun 2024 · $6.6M federal money spent
Special Programs for the Aging, Title III, Part C, Nutrition ServicesDepartment of Health and Human Services · ALN 93.045 · Direct and through Commonwealth of Massachusetts Executive Office of Elder Affairs$2.6M
Special Programs for the Aging, Title III, Part B, Grants for Supportive Services and Senior CentersDepartment of Health and Human Services · ALN 93.044 · Through Commonwealth of Massachusetts Executive Office of Elder Affairs$1.6M
National Family Caregiver Support, Title III, Part EDepartment of Health and Human Services · ALN 93.052 · Through Commonwealth of Massachusetts Executive Office of Elder Affairs$543K
Nutrition Services Incentive ProgramDepartment of Health and Human Services · ALN 93.053 · Through Commonwealth of Massachusetts Executive Office of Elder Affairs$515K
Special Programs for the Aging, Title IV, and Title II, Discretionary ProjectsDepartment of Health and Human Services · ALN 93.048 · Direct$423K

Plus 8 smaller programs.

The auditor reported no findings.

Year ending Jun 2023 · $6.1M federal money spent
Special Programs for the Aging_title III, Part C_nutrition ServicesDepartment of Health and Human Services · ALN 93.045 · Direct and through Commonwealth of Massachusetts$1.5M
Special Programs for the Aging_title III, Part B_grants for Supportive Services and Senior CentersDepartment of Health and Human Services · ALN 93.044 · Through Commonwealth of Massachusetts$968K
Immunization Cooperative AgreementsDepartment of Health and Human Services · ALN 93.268 · Through Commonwealth of Massachusetts$869K
Empowering Older Adults and Adults with Disabilities Through Chronic Disease Self-Management Education Programs Ð Financed by Prevention and Public Health Funds (pphf)Department of Health and Human Services · ALN 93.734 · Direct$492K
Special Programs for the Aging_title Iv_and Title Ii_discretionary ProjectsDepartment of Health and Human Services · ALN 93.048 · Direct$488K

Plus 8 smaller programs.

The auditor reported no findings.

Year ending Jun 2022 · $12.2M federal money spent
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.157 · Direct$5.7M
Special Programs for the Aging_title III, Part C_nutrition ServicesDepartment of Health and Human Services · ALN 93.045 · Through Commonwealth of Massachusetts Executive Office of Elder Affairs$1.9M
Special Programs for the Aging_title III, Part B_grants for Supportive Services and Senior CentersDepartment of Health and Human Services · ALN 93.044 · Through Commonwealth of Massachusetts Executive Office of Elder Affairs$1.1M
Empowering Older Adults and Adults with Disabilities Through Chronic Disease Self-Management Education Programs ? Financed by Prevention and Public Health Funds (pphf)Department of Health and Human Services · ALN 93.734 · Direct$547K
National Family Caregiver Support, Title III, Part EDepartment of Health and Human Services · ALN 93.052 · Through Commonwealth of Massachusetts Executive Office of Elder Affairs$434K

Plus 12 smaller programs.

The auditor reported no findings.

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$133.8M
Ln 12
Gifts and grantsLn 1h$78.7M
Fees for servicesLn 2g$54.5M
Investment incomeLn 3$624K
Money outPt IX
$128.1M
Ln 25
Programscol B$120.8M
Managementcol C$6.9M
Fundraisingcol D$332K
Owns and owesPt X
$36.2M
net assets · Ln 32
Cash and savingsLn 1–2$27.1M
Total assetsLn 16$65.5M
LiabilitiesLn 26$29.3M
PeoplePt VI, VII
23
listed · VII A
PaidVII A7
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$78.7M
Government grantsLn 1e$76.9M
Noncash giftsLn 1g$99K
Fundraising eventsLn 1c$154K
Fees for servicesLn 2g$54.5M
Investment incomeLn 3$624K
Other incomeLn 4–11$2K
Gains on assetsLn 7$93K
Total revenueLn 12$133.8M
Assets in detailPt X, end of year
CashLn 1$14.5M
SavingsLn 2$12.6M
Cash and savings togetherLn 1–2$27.1M
InvestmentsLn 11–13$736K
Land, buildings, equipmentLn 10c$180K
Other assetsLn 15$6.4M
Total assetsLn 16$65.5M
LiabilitiesLn 26$29.3M
Net assetsLn 32$36.2M
OperationsPt I, VI
EmployeesI 5639
VolunteersI 6481
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$99K
EndowmentSch D · Pt V
LineFY24FY23FY22FY21FY20
End of yearLn 1g$747K$666K$611K$733K$613K
SpentLn 1d–1f$7K$3K$8K$7K$7K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$26.7M$27.1M
InvestmentsLn 11–13$658K$736K
Land, buildings, equipmentLn 10c$378K$180K
Total assetsLn 16$52.3M$65.5M
LiabilitiesLn 26$22.0M$29.3M
Net assetsLn 32$30.3M$36.2M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$415K$415K
Grants to domestic individualsLn 2$544K$544K
Pay of current officers, directors and key staffLn 5$556K$556K
Other salaries and wagesLn 7$30.7M$26.9M$3.6M$210K
Pension plan contributionsLn 8$989K$788K$194K$7K
Other employee benefitsLn 9$4.5M$4.0M$503K$31K
Payroll taxesLn 10$2.3M$2.0M$292K$16K
Legal feesLn 11b$68K$47K$21K
Accounting feesLn 11c$89K$89K
Investment management feesLn 11f$35K$35K
Other fees for servicesLn 11g$76.7M$76.6M$54K$2K
Advertising and promotionLn 12$127K$78K$20K$29K
Office expensesLn 13$507K$276K$222K$8K
Information technologyLn 14$1.2M$383K$805K$3K
OccupancyLn 16$1.7M$1.5M$162K$7K
TravelLn 17$907K$901K$5K$1K
Conferences, conventions and meetingsLn 19$211K$162K$46K$3K
Depreciation, depletion and amortizationLn 22$214K$214K
InsuranceLn 23$149K$115K$34K$520
Other expenses (24a–d)Ln 24$6.1M$6.0M$14K
All other expensesLn 24e$79K$1K$77K
Total functional expensesLn 25$128.1M$120.8M$6.9M$332K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 5, 2026 $142.6M$138.4M$4.2M$40.5M 990 PDF
FY2024 ViewingFiled with the IRS Mar 20, 2025 $133.8M$128.1M$5.7M$36.2M 990 PDF
FY2023Filed with the IRS May 1, 2024 $114.3M$112.6M$1.7M$30.3M 990 PDF
FY2022Filed with the IRS Mar 15, 2023 $107.9M$101.0M$6.9M$28.5M 990 PDF
FY2021Filed with the IRS Feb 9, 2022 $97.5M$93.0M$4.5M$21.7M 990 PDF
FY2020Filed with the IRS Apr 23, 2021 $97.9M$97.5M$395K$17.1M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $133,795,983 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $67,796,614$78,681,191
I-9 Program service revenuePrior year $46,301,114$54,489,357
I-10 Investment incomePrior year $147,776$623,826
I-11 Other revenuePrior year $35,952$1,609
I-12 Total revenuePrior year $114,281,456$133,795,983
I-13 Grants and similar amounts paidPrior year $415,573$958,968
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $35,341,939$39,097,079
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $76,802,513$88,016,022
I-18 Total expensesPrior year $112,560,025$128,072,069
I-19 Revenue less expensesPrior year $1,721,431$5,723,914
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $133,795,983 across 10 lines filed
Lines not itemized here account for $6,544 of total revenue; see the IRS return.
VIII-1c Fundraising events$153,522
VIII-1e Government grants$76,923,734
VIII-1f All other contributions, gifts and grants$1,603,935
VIII-1g Noncash contributions (included above)$98,639
VIII-1h Total contributions, gifts and grants$78,681,191
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $54,489,357$54,489,357
VIII-3 Investment incomeExcluded from tax $531,096$531,096
VIII-7 Net gain or loss on sales of assetsExcluded from tax $92,730$92,730
VIII-8 Net income from fundraising eventsExcluded from tax −$4,935−$4,935
VIII-12 Total revenueRelated to mission $54,489,357 · Unrelated business $0 · Excluded from tax $625,435$133,795,983
Part IX · Statement of functional expenses $128,072,069 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $414,662$414,662
IX-2 Grants to domestic individualsPrograms $544,306$544,306
IX-5 Pay of current officers, directors and key staffManagement $556,129$556,129
IX-7 Other salaries and wagesPrograms $26,930,132 · Management $3,580,644 · Fundraising $209,968$30,720,744
IX-8 Pension plan contributionsPrograms $787,917 · Management $193,614 · Fundraising $7,357$988,888
IX-9 Other employee benefitsPrograms $3,964,120 · Management $503,330 · Fundraising $31,207$4,498,657
IX-10 Payroll taxesPrograms $2,024,536 · Management $291,940 · Fundraising $16,185$2,332,661
IX-11b Legal feesPrograms $46,718 · Management $21,390$68,108
IX-11c Accounting feesManagement $88,680$88,680
IX-11f Investment management feesManagement $35,283$35,283
IX-11g Other fees for servicesPrograms $76,648,354 · Management $54,452 · Fundraising $1,820$76,704,626
IX-12 Advertising and promotionPrograms $78,077 · Management $20,006 · Fundraising $29,365$127,448
IX-13 Office expensesPrograms $276,491 · Management $222,452 · Fundraising $7,741$506,684
IX-14 Information technologyPrograms $382,836 · Management $804,734 · Fundraising $3,000$1,190,570
IX-16 OccupancyPrograms $1,513,849 · Management $161,997 · Fundraising $7,040$1,682,886
IX-17 TravelPrograms $900,865 · Management $4,608 · Fundraising $1,490$906,963
IX-19 Conferences, conventions and meetingsPrograms $162,480 · Management $46,020 · Fundraising $2,697$211,197
IX-22 Depreciation, depletion and amortizationManagement $213,879$213,879
IX-23 InsurancePrograms $115,418 · Management $33,516 · Fundraising $520$149,454
IX-24 Other expenses (24a–d)Programs $6,038,165 · Fundraising $13,515$6,051,680
IX-24e All other expensesPrograms $1,089 · Management $77,475$78,564
IX-25 Total functional expensesPrograms $120,830,015 · Management $6,910,149 · Fundraising $331,905$128,072,069
Part X · Balance sheet $65,469,445 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $16,591,406$14,524,978
X-2 Savings and temporary cash investmentsStart of year $10,096,013$12,588,577
X-4 Accounts receivableStart of year $22,826,653$30,804,841
X-8 Inventories for sale or useStart of year $110$110
X-9 Prepaid expenses and deferred chargesStart of year $271,196$199,565
X-10c Land, buildings and equipment, netStart of year $378,448$179,534
X-11 Publicly traded securitiesStart of year $658,472$736,152
X-15 Other assetsStart of year $1,502,860$6,435,688
X-16 Total assetsStart of year $52,325,158$65,469,445
X-17 Accounts payable and accrued expensesStart of year $18,591,734$21,135,982
X-19 Deferred revenueStart of year $1,238,365$1,215,072
X-25 Other liabilitiesStart of year $1,547,980$6,427,285
X-26 Total liabilitiesStart of year $22,022,336$29,257,485
X-27 Net assets without donor restrictionsStart of year $30,105,264$36,051,418
X-28 Net assets with donor restrictionsStart of year $197,558$160,542
X-32 Total net assets or fund balancesStart of year $30,302,822$36,211,960
X-33 Total liabilities and net assetsStart of year $52,325,158$65,469,445
Part XI · Reconciliation of net assets $36,211,960 net assets at year end
XI-1 Total revenue$133,795,983
XI-2 Total expenses$128,072,069
XI-3 Revenue less expenses$5,723,914
XI-4 Net assets at start of year$30,302,822
XI-5 Net unrealized gains (losses) on investments$185,224
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$36,211,960

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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