Leadingage PA FY2020 filing

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Leadingage PA is a trade association representing members consisting primarily of not-for-profit organizations that provide housing, healthcare, home and community based services, and related goods and services to older adults in pennsylvania.

$779K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
5 of 5
filings with a surplus
Average surplus $410K a year · 11% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$779K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
<1 mo
of spending, in cash
Fine: 0.5 months of spending in cash, plus $4.4M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.7M
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 24 voting members
Looks good: 24 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.6M
Spent
$3.5M
Net assets
$3.8M
By yearFY2020–FY2024
Revenue
$3.6M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.6M
FY2021$3.7M
FY2022$4.0M
FY2023$3.6M
FY2024$3.8M
Expenses
$3.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$3.5M
FY2021$3.4M
FY2022$3.1M
FY2023$3.4M
FY2024$3.3M
Net assets
$3.8M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.8M
FY2021$4.3M
FY2022$4.4M
FY2023$9.8M
FY2024$10.7M

From the FY2020 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 Dec 2017.

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

Who runs it and what they're paid

29 people listed on the 990; $779K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO
$245,369Pt VII · Sec A
SVP & Chief Gov't Affairs
$169,897Pt VII · Sec A
SVP & Chief Operations Officer
$150,789Pt VII · Sec A
SVP Finance & Administration
$111,337Pt VII · Sec A
Senior Director of Regulatory Affairs
$101,178Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Garry Pezzano’s $327K as President/CEO is at the 89th percentile of top reported officer pay among 2832 $1–10M community development 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
Garry Pezzano$326,519$298,373$192,449——
Adam Marles———$228,311$245,369
Anne Henry———$173,679$169,897
Charles Quinnan$172,780$167,040$148,405——
Luanne Reese———$128,465$150,789
Randy Sheaffer——$138,633$125,807$111,337
Marianne Lake$130,447$113,562———
Randy Shaeffer—$122,102———

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.

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advocates for Pennsylvania organizations serving older adults with housing, healthcare, and community services.

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Provided by the organization

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2 programs · in their own filed words · FY2020
01

General Membership Services

As the chief advocate for non-profit providers of long-term care and services and the elderly individuals they serve, leadingage pa represents their interests and concerns through its communications with state legislature and regulatory agencies.

Pt IX · col B
02

Education and Related Programming

Leadingage pa provides its members with formal and professional education services via its conferences, webinars, and member networking events. It also provides education through the publication of white papers, research studies, best practice features, legislative alerts and analyses and a variety of literature.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.6M
Ln 12
Fees for servicesLn 2g$2.6M
Other incomeLn 4–11$914K
Investment incomeLn 3$96K
Money outPt IX
$3.5M
Ln 25
Owns and owesPt X
$3.8M
net assets · Ln 32
Cash and savingsLn 1–2$156K
Total assetsLn 16$5.5M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
29
listed · VII A
PaidVII A5
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.6M
Investment incomeLn 3$96K
Other incomeLn 4–11$914K
Gains on assetsLn 7−$10K
Total revenueLn 12$3.6M
Assets in detailPt X, end of year
SavingsLn 2$156K
Cash and savings togetherLn 1–2$156K
InvestmentsLn 11–13$4.4M
Land, buildings, equipmentLn 10c$228K
Total assetsLn 16$5.5M
LiabilitiesLn 26$1.7M
Net assetsLn 32$3.8M
OperationsPt I, VI
EmployeesI 521
VolunteersI 624
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 FY20End FY20
Cash and savingsLn 1–2$173K$156K
InvestmentsLn 11–13$3.4M$4.4M
Land, buildings, equipmentLn 10c$326K$228K
Total assetsLn 16$4.3M$5.5M
LiabilitiesLn 26$1.3M$1.7M
Net assetsLn 32$3.1M$3.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$439K
Other salaries and wagesLn 7$1.5M
Other employee benefitsLn 9$230K
Payroll taxesLn 10$143K
Legal feesLn 11b$84K
Accounting feesLn 11c$20K
Lobbying feesLn 11d$95K
Investment management feesLn 11f$13K
Other fees for servicesLn 11g$226K
Advertising and promotionLn 12$2K
Office expensesLn 13$84K
Information technologyLn 14$135K
OccupancyLn 16$174K
TravelLn 17$17K
Conferences, conventions and meetingsLn 19$5K
InterestLn 20$3K
Depreciation, depletion and amortizationLn 22$131K
InsuranceLn 23$23K
Other expenses (24a–d)Ln 24$95K
All other expensesLn 24e$8K
Total functional expensesLn 25$3.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.8M$3.3M$482K$10.7M 990 PDF
FY2023 $3.6M$3.4M$232K$9.8M 990 PDF
FY2022 $4.0M$3.1M$877K$4.4M 990 PDF
FY2021 $3.7M$3.4M$293K$4.3M 990 PDF
FY2020 Viewing $3.6M$3.5M$165K$3.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $3,623,011 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $2,550,121$2,613,421
I-10 Investment incomePrior year $99,184$95,612
I-11 Other revenuePrior year $801,398$913,978
I-12 Total revenuePrior year $3,450,703$3,623,011
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,107,768$2,344,625
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,028,856$1,113,454
I-18 Total expensesPrior year $3,136,624$3,458,079
I-19 Revenue less expensesPrior year $314,079$164,932
Part VI · Governance 24 of 24 board members independent, no flags
VI-1a Voting members of the governing body24
VI-1b Independent voting members24
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 $3,623,011 across 5 lines filed
Lines not itemized here account for $465,879 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,613,421$2,613,421
VIII-3 Investment incomeExcluded from tax $105,412$105,412
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$9,800−$9,800
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $314,799 · Unrelated business $133,300$448,099
VIII-12 Total revenueRelated to mission $3,394,099 · Unrelated business $133,300 · Excluded from tax $95,612$3,623,011
Part IX · Statement of functional expenses $3,458,079 across 20 lines filed
IX-5 Pay of current officers, directors and key staff$439,165
IX-7 Other salaries and wages$1,532,137
IX-9 Other employee benefits$229,918
IX-10 Payroll taxes$143,405
IX-11b Legal fees$84,019
IX-11c Accounting fees$19,660
IX-11d Lobbying fees$95,400
IX-11f Investment management fees$13,165
IX-11g Other fees for services$225,505
IX-12 Advertising and promotion$1,500
IX-13 Office expenses$83,524
IX-14 Information technology$134,711
IX-16 Occupancy$173,703
IX-17 Travel$17,305
IX-19 Conferences, conventions and meetings$4,743
IX-20 Interest$3,363
IX-22 Depreciation, depletion and amortization$130,581
IX-23 Insurance$22,616
IX-24 Other expenses (24a–d)$95,227
IX-24e All other expenses$8,432
IX-25 Total functional expenses$3,458,079
Part X · Balance sheet $5,513,628 assets, 15 lines filed
X-2 Savings and temporary cash investmentsStart of year $172,689$156,233
X-4 Accounts receivableStart of year $357,352$315,448
X-9 Prepaid expenses and deferred chargesStart of year $84,671$104,671
X-10c Land, buildings and equipment, netStart of year $326,431$227,556
X-11 Publicly traded securitiesStart of year $3,216,578$3,432,791
X-12 Other securitiesStart of year $166,448$974,713
X-14 Intangible assets$302,216
X-16 Total assetsStart of year $4,324,169$5,513,628
X-17 Accounts payable and accrued expensesStart of year $151,103$322,181
X-19 Deferred revenueStart of year $219,375$206,325
X-25 Other liabilitiesStart of year $893,834$625,782
X-26 Total liabilitiesStart of year $1,264,312$1,699,763
X-27 Net assets without donor restrictionsStart of year $3,059,857$3,813,865
X-32 Total net assets or fund balancesStart of year $3,059,857$3,813,865
X-33 Total liabilities and net assetsStart of year $4,324,169$5,513,628
Part XI · Reconciliation of net assets $3,813,865 net assets at year end
XI-1 Total revenue$3,623,011
XI-2 Total expenses$3,458,079
XI-3 Revenue less expenses$164,932
XI-4 Net assets at start of year$3,059,857
XI-5 Net unrealized gains (losses) on investments$589,076
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,813,865

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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