Andover Home for Aged People
ANDOVER, MA EIN: 04-6050619
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.1M
-4.6% YoY
Annual Giving
$65K
-5.9% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$13K
-24.7% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,098,922 | $1,151,551 | $1,211,469 |
| Revenue | $45,146 | $33,138 | $100,572 |
| Expenses | $97,775 | $93,056 | $103,751 |
| Qualifying Distributions | $84,214 | $84,855 | $92,700 |
| Net Investment Income | $31,005 | $31,663 | $90,825 |
| Distributable Amount | $78,435 | $76,499 | $92,221 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Andover Home for Aged People fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS J URBELIS | PRESIDENT | 5 | $1,600 |
| LOUISE MCKALLAGAT | SECRETARY | 2 | $1,600 |
| BERNICE DOWNS | DIRECTOR | — | — |
| DONALD SCHROEDER | DIRECTOR | 8 | $1,600 |
| SANDRA DEARBORN | DIRECTOR | — | — |
| MIKE MURNANE | DIRECTOR | — | — |
| LORI PAGLIA | TREASURER | — | — |
| GEORGE FANTINI | AUDITOR | — | — |
| ROSEMARY HALLORAN | DIRECTOR | — | — |
| DAVID KONJOIAN | DIRECTOR | — | — |
| ROLAND JACOBSON | DIRECTOR | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Massachusetts $500K (100%)
States
Cities
AndoverDanversLawrence
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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