Center for Aging
Also known as Applewood
Center for Aging reported $38.1 million in revenue and $16.5 million in expenses for calendar year 2024. Of every $100 it spent, $90.00 went to program services, $10.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 58.7% of the total. The highest compensation it reported for one person was $1,384,071 (VICE CHAIR-TRST/CSMC PRES/CEO). 1 person received more than $100,000 in reportable compensation. Revenue rose 43% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $17MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $38MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.0% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.0% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 2.1% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 39.2% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $1,384,071 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 8.38% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 1 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.6 | 6.9 |
| Independent voting board members Part VI 1a–1b | 3 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expensePrior to its sale, applewood consisted of 281 independent apartments, 20 cottages, 40 residential health care units, and a 60-bed skilled nursing facility. The organization provided for the care of the elderly. Applewood also went out to the community through senior's first, which was a complimentary community outreach and healthcare education program for those 60 years and older in a 25-mile radius of freehold, nj. The center's programs included health fairs, blood pressure screenings, and health education and presentations on prevention and treatment. In addition, there was also a support…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| VICE CHAIR-TRST/CSMC PRES/CEO Director/trustee, officer, 55.0 hrs/week | $0 | $1,317,453 | $66,618 | $1,384,071 |
| TRUST-CSMC SVP/CFO (TERM 7/24) Director/trustee, 55.0 hrs/week | $0 | $502,040 | $48,497 | $550,537 |
| CSMC VP FINANCE Officer, 50.0 hrs/week | $0 | $297,003 | $44,264 | $341,267 |
| TRUSTEE - EXEC DIR (TERM 6/24) Director/trustee, officer, 55.0 hrs/week | $122,457 | $0 | $23,160 | $145,617 |
1 people received more than $100,000 in reportable compensation from Center for Aging (Part VII, line 2). Compensation of current officers, directors and key employees totaled $146K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 3 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5257
- Volunteers Part I, line 65
Correct a figure or respond
Every number above is copied from Center for Aging's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Center for Aging, you can publish a response that is linked from this page.
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Of every $100 Center for Aging spent in 2024, $90.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Whitney CenterHamden, CT · revenue $38M · programs 85.6% · 2025
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All human services charities · Largest charities in New Jersey
Questions people ask
How much of Center for Aging's spending goes to programs?
In calendar year 2024, Center for Aging reported that 90.0% of its $16.5 million in expenses went to program services, 10.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Center for Aging pay its top executive?
The largest total compensation Center for Aging reported for one person in calendar year 2024 was $1,384,071, for the role of VICE CHAIR-TRST/CSMC PRES/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Center for Aging get its money?
Of $38.1 million in revenue in calendar year 2024, 2.1% came from contributions and grants and 39.2% from program service revenue (Form 990, Part VIII).
Is Center for Aging a registered charity?
The IRS lists EIN 22-2575377 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503159349303550 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403199349312660 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323179349307552 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233139349305813 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143169349306884 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003079349301465 · read the filing
All filings for EIN 22-2575377: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.