Leadingage PA FY2022 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.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$584K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2022 · 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
$584K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
1 mo
of spending, in cash
Plus $4.0M in investments, Pt X · Ln 11–13
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.7M
46% of total assets
Looks good: liabilities are 46% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.0M
+8% vs prior year
Spent
$3.1M
Net assets
$4.4M
By yearFY2020–FY2024
Revenue
$4.0M
FY2022▲ +8%
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
$3.1M
FY2022▼ -9%
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
$4.4M
FY2022▲ +2%
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 FY2022 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

24 people listed on the 990; $584K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO
$192,449Pt VII · Sec A
SVP & Chief Government Affairs
$148,405Pt VII · Sec A
SVP Finance & Administration
$138,633Pt VII · Sec A
VP Education & Research
$104,394Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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 · FY2022
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 FY2022 990, line by line.

1The main four
Money inPt VIII
$4.0M
Ln 12
Fees for servicesLn 2g$2.7M
Other incomeLn 4–11$757K
Gifts and grantsLn 1h$479K
Money outPt IX
$3.1M
Ln 25
Owns and owesPt X
$4.4M
net assets · Ln 32
Cash and savingsLn 1–2$317K
Total assetsLn 16$8.1M
LiabilitiesLn 26$3.7M
PeoplePt VI, VII
24
listed · VII A
PaidVII A4
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$479K
Government grantsLn 1e$479K
Fees for servicesLn 2g$2.7M
Investment incomeLn 3$113K
Other incomeLn 4–11$757K
Gains on assetsLn 7$43K
Total revenueLn 12$4.0M
Assets in detailPt X, end of year
SavingsLn 2$317K
Cash and savings togetherLn 1–2$317K
InvestmentsLn 11–13$4.0M
Land, buildings, equipmentLn 10c$97K
Other assetsLn 15$569K
Total assetsLn 16$8.1M
LiabilitiesLn 26$3.7M
Net assetsLn 32$4.4M
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 FY22End FY22
Cash and savingsLn 1–2$70K$317K
InvestmentsLn 11–13$4.7M$4.0M
Land, buildings, equipmentLn 10c$134K$97K
Total assetsLn 16$8.7M$8.1M
LiabilitiesLn 26$4.5M$3.7M
Net assetsLn 32$4.3M$4.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$382K
Other salaries and wagesLn 7$1.2M
Other employee benefitsLn 9$210K
Payroll taxesLn 10$114K
Legal feesLn 11b$35K
Accounting feesLn 11c$20K
Lobbying feesLn 11d$114K
Investment management feesLn 11f$14K
Other fees for servicesLn 11g$238K
Advertising and promotionLn 12$14K
Office expensesLn 13$95K
Information technologyLn 14$166K
OccupancyLn 16$183K
TravelLn 17$57K
Conferences, conventions and meetingsLn 19$46K
InterestLn 20$7K
Depreciation, depletion and amortizationLn 22$102K
InsuranceLn 23$18K
Other expenses (24a–d)Ln 24$96K
All other expensesLn 24e$8K
Total functional expensesLn 25$3.1M

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 Viewing $4.0M$3.1M$877K$4.4M 990 PDF
FY2021 $3.7M$3.4M$293K$4.3M 990 PDF
FY2020 $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 FY2022 990 (6 parts)
Part I · Summary $4,009,632 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $226,675$479,309
I-9 Program service revenuePrior year $2,575,639$2,660,724
I-10 Investment incomePrior year $65,172$113,092
I-11 Other revenuePrior year $854,238$756,507
I-12 Total revenuePrior year $3,721,724$4,009,632
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 $2,246,863$1,921,832
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,181,869$1,211,178
I-18 Total expensesPrior year $3,428,732$3,133,010
I-19 Revenue less expensesPrior year $292,992$876,622
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
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 $4,009,632 across 7 lines filed
Lines not itemized here account for $450,449 of total revenue; see the IRS return.
VIII-1e Government grants$479,309
VIII-1h Total contributions, gifts and grants$479,309
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,660,724$2,660,724
VIII-3 Investment incomeExcluded from tax $69,859$69,859
VIII-7 Net gain or loss on sales of assetsExcluded from tax $43,233$43,233
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $306,058$306,058
VIII-12 Total revenueRelated to mission $3,417,231 · Unrelated business $0 · Excluded from tax $113,092$4,009,632
Part IX · Statement of functional expenses $3,133,010 across 20 lines filed
IX-5 Pay of current officers, directors and key staff$382,193
IX-7 Other salaries and wages$1,216,108
IX-9 Other employee benefits$209,656
IX-10 Payroll taxes$113,875
IX-11b Legal fees$34,876
IX-11c Accounting fees$19,600
IX-11d Lobbying fees$113,524
IX-11f Investment management fees$13,928
IX-11g Other fees for services$237,645
IX-12 Advertising and promotion$13,841
IX-13 Office expenses$95,014
IX-14 Information technology$166,348
IX-16 Occupancy$182,972
IX-17 Travel$57,413
IX-19 Conferences, conventions and meetings$45,927
IX-20 Interest$6,773
IX-22 Depreciation, depletion and amortization$101,880
IX-23 Insurance$17,531
IX-24 Other expenses (24a–d)$95,910
IX-24e All other expenses$7,996
IX-25 Total functional expenses$3,133,010
Part X · Balance sheet $8,064,337 assets, 16 lines filed
X-2 Savings and temporary cash investmentsStart of year $70,458$316,750
X-4 Accounts receivableStart of year $3,448,469$2,762,387
X-9 Prepaid expenses and deferred chargesStart of year $117,277$78,488
X-10c Land, buildings and equipment, netStart of year $134,096$97,318
X-11 Publicly traded securitiesStart of year $3,795,890$3,138,335
X-12 Other securitiesStart of year $890,361$865,266
X-14 Intangible assetsStart of year $269,544$236,872
X-15 Other assetsStart of year $0$568,921
X-16 Total assetsStart of year $8,726,095$8,064,337
X-17 Accounts payable and accrued expensesStart of year $1,344,355$1,214,886
X-19 Deferred revenueStart of year $2,257,198$1,909,980
X-25 Other liabilitiesStart of year $403,032$104,679
X-26 Total liabilitiesStart of year $4,463,691$3,702,283
X-27 Net assets without donor restrictionsStart of year $4,262,404$4,362,054
X-32 Total net assets or fund balancesStart of year $4,262,404$4,362,054
X-33 Total liabilities and net assetsStart of year $8,726,095$8,064,337
Part XI · Reconciliation of net assets $4,362,054 net assets at year end
XI-1 Total revenue$4,009,632
XI-2 Total expenses$3,133,010
XI-3 Revenue less expenses$876,622
XI-4 Net assets at start of year$4,262,404
XI-5 Net unrealized gains (losses) on investments−$776,972
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,362,054

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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