Alzheimer's Association meets the 20 Standards for Charity Accountability.
The Association reports that it offers free resources to the millions of people facing Alzheimer's disease, including its in-person education and support programs, 24/7 Helpline (800.272.3900) and website (alz.org). The organization also provides international leadership and funding to advance research toward methods of treatment, prevention and ultimately, a cure for Alzheimer's. The Association states that it addresses the global dementia crisis by providing education and support to the millions who face dementia every day. Some ($9,334,000, or 10%) of the Association's public awareness and education efforts are carried out in conjunction with fund raising efforts.
For the year ended June 30, 2017, Alzheimer's Association's program expenses were:
Family and healthcare professional services |
$95,966,000 |
Public awareness and education |
$89,127,000 |
Research |
$43,514,000 |
Public policy |
$16,403,000 |
Chapter services |
$11,956,000 |
Total Program Expenses: |
$256,966,000 |
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Chief Executive
Harry Johns, President and CEO
-
Compensation*
$1,109,458
-
Chair of the Board
David Goltermann
-
Chair's Profession / Business Affiliation
Executive Chairman, KI Industries
-
Board Size
-
Paid Staff Size
2138
*2016 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Membership appeals, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 18% of related contributions. (Related contributions, which totaled $327,464,000, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Alzheimer's Association's audited financial statements - consolidated for the year ended June 30, 2017.
Source of Funds |
Contributions |
$309,154,000 |
Conference registration, contributed services and other |
$18,310,000 |
Net realized and unrealized gains in value of investments |
$7,131,000 |
Dividends and interest |
$4,804,000 |
Total Income |
$339,399,000 |
- Programs: 77%
- Fundraising: 18%
- Administrative: 5%
Total Income |
$339,399,000 |
Program expenses |
$256,966,000 |
Fundraising expenses |
$57,799,000 |
Administrative expenses |
$19,420,000 |
Other expenses |
$0 |
Total expenses: |
$334,185,000 |
Income in Excess of Expenses |
$5,214,000 |
Beginning Net Assets |
$132,121,000 |
Other Changes In Net Assets |
$131,113,000 |
Ending Net Assets |
$268,448,000 |
Total Liabilities |
$77,140,000 |
Total Assets |
$345,588,000 |
Note 1: In the above financial section, "other changes in net assets" represents acquisition of dissolved and merged chapters ($130,859,000), net realized and unrealized gains in value of investments ($7,131,000), change in value of perpetual trusts ($1,493,000), change in value of split-interest agreements ($379,000), and bad debt expense (-$1,618,000). Note 2: According to its audited financial statements for the fiscal year ended June 30, 2017, the Association received in-kind services of $5,512,000 including research grant review services ($2,911,000) and fundraising services ($2,601,000).