Andover Home for Aged People

ANDOVER, MA EIN: 04-6050619

Andover Home for Aged People is a private foundation, based in ANDOVER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $65K. Net investment income was $31K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

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

About Andover Home for Aged People

Based on IRS filings

Andover Home for Aged People is a private foundation, based in ANDOVER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $65K. Net investment income was $31K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

AndoverDanversLawrence

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$53K$106K$158K$211K20202021202220232024
Metric202420232022
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

$0$42K$85K$127K$170K8 grants20205 grants20217 grants20224 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

FAMILY SERVICE INC$26KTOWN OF ANDOVER SENIOR C…$18KMERRIMACK VALLEY YMCA$11KTOWN OF ANDOVER ELDER & …$10KTOWN OF ANDOVER SENIOR C…$500

Grant Size Distribution

29 grants across all recorded years

27<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

THOMAS J URBELISPRESIDENT$2KLOUISE MCKALLAGATSECRETARY$2KDONALD SCHROEDERDIRECTOR$2K

From 2024 filing

NameTitleHoursCompensation
THOMAS J URBELISPRESIDENT5$1,600
LOUISE MCKALLAGATSECRETARY2$1,600
BERNICE DOWNSDIRECTOR
DONALD SCHROEDERDIRECTOR8$1,600
SANDRA DEARBORNDIRECTOR
MIKE MURNANEDIRECTOR
LORI PAGLIATREASURER
GEORGE FANTINIAUDITOR
ROSEMARY HALLORANDIRECTOR
DAVID KONJOIANDIRECTOR
ROLAND JACOBSONDIRECTOR

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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