SERVICES AND ADVOCACY FOR GAY LESBIAN BISEXUAL AND TRANSGENDER ELDERS INC Charity Report

Public IRS 990 nonprofit record

SERVICES AND ADVOCACY FOR GAY LESBIAN BISEXUAL AND TRANSGENDER ELDERS INC

EIN 13-2947657 · LGBT Centers (P88)

What they do

SERVICES and ADVOCACY for GAY, LESBIAN, BISEXUAL, and TRANSGENDER ELDERS, INC. (SAGE) is THE COUNTRYS LARGEST and OLDEST ORGANIZATION DEDICATED to IMPROVING THE LIVES of LGBTQ+ OLDER ADULTS. IN PARTNERSHIP WITH OUR CONSTITUENTS and ALLIES, SAGE WORKS to ACHIEVE A HIGH QUALITY of LIFE for LGBTQ+ OLDER PEOPLE, SUPPORTS and ADVOCATES for THEIR RIGHTS, FOSTERS A GREATER UNDERSTANDING of AGING IN ALL COMMUNITIES, and PROMOTES POSITIVE IMAGES of LGBTQ+ LIFE IN LATER YEARS. WE FULFILL OUR MISSION THROUGH ADVOCACY and BY PROVIDING DIRECT SERVICES, TRAINING, EDUCATION, and TECHNICAL ASSISTANCE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders41 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.19%of revenue went to mission work83.3% of expenses · Program services

11.70%of revenue went to fundraising11.3% of expenses

$103.52spent for every $100 of revenueSpending was higher than revenue this year.

5.63%of revenue went to management and office costs5.4% of expenses

$1.39in assets for every $1 spent this yearSome assets cannot be spent right away.

96.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $760,499 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $508,686 for MICHAEL ADAMS (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$21,618,055

Mission workProgram services$18,632,59286.19% of revenue83.3% of expenses

ManagementOffice and general costs$1,216,9995.63% of revenue5.4% of expenses

FundraisingAsking for donations$2,528,96311.70% of revenue11.3% of expenses

Total expenses$22,378,554103.52% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.3% mission · 5.4% management · 11.3% fundraisingTotal expenses: 103.52% of revenue

2023Expense mix: 75.8% mission · 10.6% management · 13.7% fundraisingTotal expenses: 128.48% of revenue

2022Expense mix: 78.7% mission · 11.0% management · 10.3% fundraisingTotal expenses: 122.00% of revenue

2021Expense mix: 78.5% mission · 11.3% management · 10.2% fundraisingTotal expenses: 87.79% of revenue

2020Expense mix: 78.2% mission · 8.8% management · 12.9% fundraisingTotal expenses: 54.90% of revenue

2019Expense mix: 76.8% mission · 9.3% management · 14.0% fundraisingTotal expenses: 77.57% of revenue

2018Expense mix: 74.3% mission · 11.5% management · 14.2% fundraisingTotal expenses: 104.34% of revenue

2017Expense mix: 76.9% mission · 9.2% management · 13.9% fundraisingTotal expenses: 79.86% of revenue

Money in and money out

Revenue$21,618,055

Expenses$22,378,554

Annual shortfall $760,499 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$18,632,592 · 83.3% of expenses

Management and office costs$1,216,999 · 5.4% of expenses

Fundraising$2,528,963 · 11.3% of expenses

See all reported dollar amounts

Revenue$21,618,055

Expenses$22,378,554

Assets$31,141,255

Income$25,109,153

Contributions$20,748,999

Mission work (program services)$18,632,592

Fundraising$2,528,963

Grants given$3,761,725

Average grant$55,319

Management and general$1,216,999

Executive compensation (total)$875,655

Stocks and bonds$5,823,495

Accounting fees$97,773

Investing fees$25,958

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL ADAMSCHIEF EXECUTIVE OFFICER · 35 hrs/week $508,686Base $437,463 · Other $71,223

DAVID RIVERA-GARCIAEXECUTIVE VP/CFO (UNTIL 03/25) · 35 hrs/week $319,797Base $284,858 · Other $34,939

LYNN FARIAEXECUTIVE VICE PRESIDENT · 35 hrs/week $318,436Base $283,251 · Other $35,185

JB STARKCHIEF DEV. & COMMUNICATIONS OFC. · 35 hrs/week $227,313Base $216,313 · Other $11,000

MICHELE GIORDANOEXECUTIVE DIRECTOR SAGEVENTURE · 35 hrs/week $217,266Base $209,363 · Other $7,903

JAMES KRIS MORDECAIINTERIM COO/CFO · 35 hrs/week $215,018Base $194,387 · Other $20,631

CHRISTINA DACOSTACHIEF EXPERIENCE OFFICER · 35 hrs/week $213,687Base $173,019 · Other $40,668

MARSHA BONNERCHIEF PEOPLE & CULTURE OFFICER · 35 hrs/week $194,724Base $166,822 · Other $27,902

HECTOR VARGASACTING CHIEF NATL INITIATIVES OFC. · 35 hrs/week $151,541Base $144,108 · Other $7,433

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (41)

MICHAEL ADAMSCHIEF EXECUTIVE OFFICER

DAVID RIVERA-GARCIAEXECUTIVE VP/CFO (UNTIL 03/25)

LYNN FARIAEXECUTIVE VICE PRESIDENT

JB STARKCHIEF DEV. & COMMUNICATIONS OFC.

MICHELE GIORDANOEXECUTIVE DIRECTOR SAGEVENTURE

JAMES KRIS MORDECAIINTERIM COO/CFO

CHRISTINA DACOSTACHIEF EXPERIENCE OFFICER

MARSHA BONNERCHIEF PEOPLE & CULTURE OFFICER

HECTOR VARGASACTING CHIEF NATL INITIATIVES OFC.

MARA KEISLINGBOARD MEMBER

LORRAINE CARLSONBOARD MEMBER (UNTIL 04/25)

MARC ELOVITZBOARD MEMBER

MARK SEXTONBOARD MEMBER

MICHAEL LOMBARDOBOARD MEMBER

RAHUL CULASBOARD MEMBER (UNTIL 04/25)

ROY JIMENEZBOARD MEMBER

RUTH EISENBERGCO-CHAIR

SCOTT BENNETTSECRETARY

STACI ALEXANDERBOARD MEMBER

SUE WILDERBOARD MEMBER

VICKI HOODBOARD MEMBER

WILLARD MCCLOUD IIIBOARD MEMBER

WILLIAM BILL ERHARDTBOARD MEMBER

ZAK KARIMBOARD MEMBER

JONATHAN CARTERBOARD MEMBER

BRUCE LEDERMANBOARD MEMBER (UNTIL 10/24)

CATALINA RODRIGUEZBOARD MEMBER

DARRELL BURKSBOARD MEMBER

DAVID DE FIGUEIREDOTREASURER

DAWN FISCHERBOARD MEMBER (UNTIL 10/24)

ELLIOTT SERNELBOARD MEMBER (UNTIL 10/24)

GRANT GINDERBOARD MEMBER

JEFFREY ERDMANBOARD MEMBER

MADY SCHUMANBOARD MEMBER

JOSUE SANTIAGOBOARD MEMBER

KELLY HAMILTONBOARD MEMBER

KEVIN WILLIAMSCO-CHAIR

LEE SIDERBOARD MEMBER (UNTIL 07/24)

LOREN OSTROWBOARD MEMBER

BANDAR ALTURKMANIBOARD MEMBER (UNTIL 05/25)

LUANN BOYLANBOARD MEMBER

About this charity

Recognized since: January 1978
Location: 305 7TH AVE FL 15, NEW YORK, NY 10001-6152
County: New York
In care of: % OTTO ROBERTS
Primary officer: JAMES KRIS MORDECAI, INTERIM COO/CFO

How to reach them

WebsiteVisit the charity’s website Phone(212) 741-2247

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: LGBT Centers (P88)
IRS tax category: LGBT Centers
Grant-giving organization: Yes