American Federation for Aging

Tax-deductible

New York, NY501(c)(3)Since 1980Social ScienceEIN 13-3045282

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Research grant awards, scientific coordination activities and conferences.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Run by 340 volunteers and 13 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $1.9M a year · 13% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 9% of spending
Top officer’s pay higher than 63% of similar orgs
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $161K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$18.3M
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
33
of 34 voting members
Looks good: 33 of 34 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$15.9M
-31% vs prior year
Spent
$17.7M
To programs
93%
Net assets
$30.1M
By yearFY2020–FY2024
Revenue
$15.9M
FY2024▼ -31%
Revenue by fiscal year
FY2020$6.0M
FY2021$13.8M
FY2022$15.1M
FY2023$22.8M
FY2024$15.9M
Expenses
$17.7M
FY2024▲ +1%
Expenses by fiscal year
FY2020$5.1M
FY2021$7.7M
FY2022$16.3M
FY2023$17.5M
FY2024$17.7M
Net assets
$30.1M
FY2024▼ -2%
Net assets by fiscal year
FY2020$20.0M
FY2021$27.1M
FY2022$23.2M
FY2023$30.7M
FY2024$30.1M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1986.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $16.4M Management & general 4% · $721K Fundraising 3% · $573K

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

42 people listed on the 990; $1.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$442,719Pt VII · Sec A
Program Director
$250,194Pt VII · Sec A
Finance Director
$188,553Pt VII · Sec A
Communications Director
$162,879Pt VII · Sec A
Development Director
$143,783Pt VII · Sec A
SR Program Officer I
$142,032Pt VII · Sec A
Strat Prog Mgr/Dev Off
$136,339Pt VII · Sec A
Administrative Manager
$122,169Pt VII · Sec A

Stephanie Lederman’s $443K as Executive Director is at the 63rd percentile of top reported officer pay among 41 $10–100M social science 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

NameFY2024FY2023FY2022FY2021FY2020
Stephanie Lederman$442,719$427,729$607,952$388,279$387,519
Odette Van Der Willik$250,194$241,372———
Odette S Van Der Willik——$235,904$224,509$217,989
Frederica Blum$188,553$182,049———
Frederica L Blum——$177,841$161,583$149,781
John Chaich$162,879$156,743———
John a Chaich——$153,214$142,366$134,531
Kelly Whalen$143,783————

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 American Federation for Aging executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds biomedical research on aging by awarding scientific grants and hosting conferences to advance the understanding of longevity and age-related diseases.

Provided by the organization

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1 program service account for $16.4M of program spending, described in the organization's own filed words · FY2024.
01

Scientific Programs

Awards for biomedical research into aging, conferences and coordination. During 2024 afar awarded 52 research grants totaling $12,362,162 and held 5 scientific conferences.

$16.4Mprogram expense

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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 · FY2024
See all 6 funders →
Grants paid · 236 grants · $43.7M · 2020–2024
Rockefeller UniversityNY · FY2024$905,000
Boston College TrusteesMA · FY2024$757,500
University of MinnesotaFY2024$750,000
Pennsylvania State UniversityFY2024$750,000
Ut Southwestern Medical CenterFY2024$450,000
University of Maryland BaltimoreFY2024$428,978
Yale UniversityCT · FY2024$414,453
Baylor College of MedicineTX · FY2024$380,000
Washington UniversityMO · FY2024$375,000
Northwestern UniversityIL · FY2024$375,000
University of ArizonaFY2024$375,000
New York UniversityNY · FY2024$374,828
See all 236 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$15.9M
Ln 12
Gifts and grantsLn 1h$14.4M
Investment incomeLn 3$1.5M
Money outPt IX
$17.7M
Ln 25
Programscol B$16.4M
Managementcol C$721K
Fundraisingcol D$573K
Owns and owesPt X
$30.1M
net assets · Ln 32
Cash and savingsLn 1–2$10.1M
Total assetsLn 16$48.4M
LiabilitiesLn 26$18.3M
PeoplePt VI, VII
42
listed · VII A
PaidVII A11
Voting boardVI 1a34
IndependentVI 1b33
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$14.4M
Government grantsLn 1e$1.9M
Investment incomeLn 3$1.5M
Gains on assetsLn 7$158K
Total revenueLn 12$15.9M
Assets in detailPt X, end of year
CashLn 1$5.2M
SavingsLn 2$4.9M
Cash and savings togetherLn 1–2$10.1M
InvestmentsLn 11–13$16.8M
Land, buildings, equipmentLn 10c$9K
Other assetsLn 15$1.8M
Total assetsLn 16$48.4M
LiabilitiesLn 26$18.3M
Net assetsLn 32$30.1M
OperationsPt I, VI
EmployeesI 513
VolunteersI 6340
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$6.6M$10.1M
InvestmentsLn 11–13$15.9M$16.8M
Land, buildings, equipmentLn 10c$16K$9K
Total assetsLn 16$46.6M$48.4M
LiabilitiesLn 26$15.9M$18.3M
Net assetsLn 32$30.7M$30.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$12.8M$12.8M
Grants to domestic individualsLn 2$22K$22K
Grants and assistance to foreign recipientsLn 3$33K$33K
Pay of current officers, directors and key staffLn 5$1.1M$653K$306K$110K
Other salaries and wagesLn 7$1.1M$754K$89K$254K
Pension plan contributionsLn 8$71K$51K$2K$19K
Other employee benefitsLn 9$178K$116K$23K$40K
Payroll taxesLn 10$132K$86K$23K$23K
Legal feesLn 11b$37K$37K
Accounting feesLn 11c$46K$46K
Lobbying feesLn 11d$252K$252K
Professional fundraising feesLn 11e$54K$54K
Investment management feesLn 11f$69K$69K
Other fees for servicesLn 11g$551K$550K$1K
Advertising and promotionLn 12$161K$161K
Office expensesLn 13$126K$43K$48K$34K
Information technologyLn 14$108K$108K
OccupancyLn 16$219K$142K$38K$38K
Conferences, conventions and meetingsLn 19$613K$586K$27K$665
Depreciation, depletion and amortizationLn 22$6K$6K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$12K$12K
Total functional expensesLn 25$17.7M$16.4M$721K$573K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $15.9M$17.7M−$1.8M$30.1M 990 PDF
FY2023 $22.8M$17.5M$5.3M$30.7M 990 PDF
FY2022 $15.1M$16.3M−$1.1M$23.2M 990 PDF
FY2021 $13.8M$7.7M$6.1M$27.1M 990 PDF
FY2020 $6.0M$5.1M$851K$20.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $15,855,058 across 6 lines filed
VIII-1e Government grants$1,910,335
VIII-1f All other contributions, gifts and grants$12,490,404
VIII-1h Total contributions, gifts and grants$14,400,739
VIII-3 Investment incomeExcluded from tax $1,296,400$1,296,400
VIII-7 Net gain or loss on sales of assetsExcluded from tax $157,919$157,919
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,454,319$15,855,058
Part IX · Statement of functional expenses $17,690,407 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $12,827,250$12,827,250
IX-2 Grants to domestic individualsPrograms $22,500$22,500
IX-3 Grants and assistance to foreign recipientsPrograms $33,000$33,000
IX-5 Pay of current officers, directors and key staffPrograms $652,781 · Management $305,588 · Fundraising $110,134$1,068,503
IX-7 Other salaries and wagesPrograms $754,069 · Management $88,633 · Fundraising $253,807$1,096,509
IX-8 Pension plan contributionsPrograms $50,732 · Management $1,966 · Fundraising $18,769$71,467
IX-9 Other employee benefitsPrograms $115,509 · Management $22,655 · Fundraising $40,013$178,177
IX-10 Payroll taxesPrograms $85,611 · Management $22,845 · Fundraising $23,057$131,513
IX-11b Legal feesManagement $37,000$37,000
IX-11c Accounting feesManagement $46,000$46,000
IX-11d Lobbying feesPrograms $252,000$252,000
IX-11e Professional fundraising feesFundraising $54,209$54,209
IX-11f Investment management feesManagement $69,415$69,415
IX-11g Other fees for servicesPrograms $549,959 · Management $1,378$551,337
IX-12 Advertising and promotionPrograms $160,520$160,520
IX-13 Office expensesPrograms $43,356 · Management $48,496 · Fundraising $34,391$126,243
IX-14 Information technologyPrograms $108,036$108,036
IX-16 OccupancyPrograms $142,367 · Management $37,990 · Fundraising $38,342$218,699
IX-19 Conferences, conventions and meetingsPrograms $585,558 · Management $26,921 · Fundraising $665$613,144
IX-22 Depreciation, depletion and amortizationManagement $6,341$6,341
IX-23 InsuranceManagement $6,061$6,061
IX-24 Other expenses (24a–d)Programs $12,483$12,483
IX-25 Total functional expensesPrograms $16,395,731 · Management $721,289 · Fundraising $573,387$17,690,407
Part X · Balance sheet $48,385,387 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $4,623,024$5,240,197
X-2 Savings and temporary cash investmentsStart of year $1,978,350$4,869,540
X-3 Pledges and grants receivableStart of year $22,196,150$19,707,431
X-9 Prepaid expenses and deferred chargesStart of year $66,508$49,698
X-10c Land, buildings and equipment, netStart of year $15,779$9,437
X-11 Publicly traded securitiesStart of year $15,869,845$16,756,301
X-15 Other assetsStart of year $1,872,336$1,752,783
X-16 Total assetsStart of year $46,621,992$48,385,387
X-17 Accounts payable and accrued expensesStart of year $408,001$273,461
X-18 Grants payableStart of year $15,114,525$17,781,869
X-25 Other liabilitiesStart of year $403,034$213,076
X-26 Total liabilitiesStart of year $15,925,560$18,268,406
X-27 Net assets without donor restrictionsStart of year $8,074,940$9,476,067
X-28 Net assets with donor restrictionsStart of year $22,621,492$20,640,914
X-32 Total net assets or fund balancesStart of year $30,696,432$30,116,981
X-33 Total liabilities and net assetsStart of year $46,621,992$48,385,387
Part XI · Reconciliation of net assets $30,116,981 net assets at year end
XI-1 Total revenue$15,855,058
XI-2 Total expenses$17,690,407
XI-3 Revenue less expenses−$1,835,349
XI-4 Net assets at start of year$30,696,432
XI-5 Net unrealized gains (losses) on investments$667,032
XI-9 Other changes in net assets$588,866
XI-10 Net assets at end of year$30,116,981

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

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