Better Business Bureau Report for
Alzheimer's Association, Greater Richmond Chapter

Better Business Bureau Report issued May 2012
Better Business Bureau Report expires May 2014


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 Richmond Chapter
Address: 4600 Cox Road
Suite 130
  Glen Allen, VA 23060
Phone: 804-967-2580
Web Address: www.alz.org/grva
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Better Business Bureau Comments

Year, State Incorporated: 1983, Virginia
Affiliates: None
Stated Purpose: "Provide education and support to individuals with Alzheimer's disease and other forms of dementia, their families, and caregivers."

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Evaluation Conclusions

               

Alzheimer's Association, Greater Richmond Chapter meets the 20 Standards for Charity Accountability.
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Programs

               

The Chapter offers five core services: information and referral, support groups, education, care consultation, and safety programs.

For the fiscal year ended June 30, 2011, Alzheimer's Association, Greater Richmond Chapter's program expenses were:

  
Public awareness 590,259
Family & education services 370,484
Public policy 19,734
Research 10,000
Total Program Expenses: $990,477
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Governance

               

Chief Executive : Sherry Peterson, Chief Executive Officer
Compensation*:
 $82,974

Chair of the Board: Matthew Harper
Chair's Profession / Business Affiliation: Manager, Executive Compensation & Benefits. MeadWestvaco Corporation

Board Size: 18

Paid Staff Size: 13

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

               

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet
Fund raising costs were 13% of related contributions. (Related contributions, which totaled $819,666, 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 Alzheimer's Association, Greater Richmond Chapter's audited financial statements for the fiscal year ended June 30, 2011.

Source of Funds  
Fundraising events 548,982
Bequests 320,606
In-kind 148,233
Other grants 123,450
Program services 85,997
Government grants 77,500
Designations 59,996
Memorials & Tributes 56,099
Investment Income 51,117
Other 19,346
Foundation grants 7,168
Other Individuals 4,625
Shared Fund Raising -155,883
Total Income $1,347,236


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Uses of Funds as a % of Total Expenses

Programs: 82%  Fund Raising: 9%  Administrative: 9% 

Total income   $1,347,236
  Program expenses $990,477
  Fund raising expenses 106,557
  Administrative expenses 111,722
 
Total expenses   $1,208,756
Income in Excess of Expenses   138,480
Beginning net assets   560,692
Ending net assets   699,172
Total liabilities   135,121
Total assets   $834,293


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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.

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