Better Business Bureau Report for
Alzheimer's Association - Greater Kentucky and Southern Indiana

Better Business Bureau Report issued October 2009
Better Business Bureau Report expires February 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Alzheimer's Association - Greater Kentucky and Southern Indiana
Address: Kaden Tower, 6100 Dutchmans Lane, Ste 401
  Louisville, KY 40205
Phone: 502-451-4266
Web Address: www.alz.org/kyin
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Better Business Bureau Comments

Year, State Incorporated: 1988, Kentucky
Affiliates: None
Stated Purpose: The mission of the Kentucky and Southern Indiana Chapter of the Alzheimer's Association is to eliminate Alzheimer's disease through the advancement of research; to provide and enhance care and support for all affected; and to reduce the risk of dementia through the promotion of brain health.

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Evaluation Conclusions

               

Alzheimer's Association - Greater Kentucky and Southern Indiana meets the 20 Standards for Charity Accountability.
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Programs

               

The Alzheimer's Association operates an array of programs and services including --a 24 hours a day, 7 days a week toll-free helpline --family support groups --a safe return program for memory impaired persons --educational programs --a speakers bureau --a dementia-specific adult day program --a lending library and resource center --a newsletter and other free publications, and --an informative website with an events calendar and links to a variety of information about Alzheimer's disease and local and national organizations. The organization also advocates for public policy reforms through activities related to local, state, and national legislation to better serve the needs of affected persons, families, and caregivers.

For the fiscal year ended June 30, 2008, Alzheimer's Association - Greater Kentucky and Southern Indiana's program expenses were:

  
Program Services 992,352
Total Program Expenses: $992,352
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Governance

               

Chief Executive : Teri Shirk, President/CEO
Compensation*:
 $93,266

Chair of the Board: Susan Pope
Chair's Profession / Business Affiliation: Attorney

Co-Chair of the Board : Sharon Reed

Chair's Profession / Business Affiliation:

Board Size: 14

Paid Staff Size: 30

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Fund raising methods include direct mail, invitations to fund raising events, grant proposals, internet, planned giving arrangements, and cause-related marketing.
Fund raising costs were 12% of related contributions. (Related contributions, which totaled $1,579,618, are donations received as a result of fund raising activities.)
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Tax Status

               

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.
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Financial

               

The following information is based on the agency’s audited financial statements for the year that ended June 30, 2008.

Ending net assets as reported below include $1,529,619 in unrestricted net assets , $52,555 in temporarily restricted net assets, and $41,233 in permanently restricted net assets.

Total assets as reported include $35,546 invested in furniture and equipment.



Source of Funds  
Contributions, gifts, grants, and pledges (Indirect Public Support) 888,305
Special events 691,313
Contributions, gifts, grants, and pledges (Direct Public Support) 327,266
Program Fees 148,220
Interest and Dividents 35,648
Sales 6,275
Other Income 1,391
Realized (loss) gain on investments -17,152
Unrealized (loss) gain on investments -41,290
Total Income $2,039,976


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Uses of Funds as a % of Total Expenses

Programs: 77%  Fund Raising: 14%  Administrative: 9% 

Total income   $2,039,976
  Program expenses $992,352
  Fund raising expenses 188,230
  Administrative expenses 118,173
 
Total expenses   $1,298,755
Income in Excess of Expenses   741,221
Beginning net assets   882,186
Ending net assets   1,623,407
Total liabilities   125,564
Total assets   $1,748,971


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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