Financial Stewardship Report
Metropolitan Area Agency on Aging is committed to the responsible stewardship of public and private resources. The information below provides an overview of our fiscal year 2025 financial results and how funding was invested to support older adults, caregivers and the community organizations that serve them throughout the seven-county metro area.
Balance Sheet
Assets
| Line item | Amount |
|---|---|
| Cash and cash equivalents | $2,618,270 |
| Grants, contracts and pledges receivable | $2,889,084 |
| Prepaid expenses | $199,335 |
| Property and equipment, net | Not applicable |
| Other assets, net | $908,469 |
| Total Assets | $6,615,158 |
Liabilities
| Line item | Amount |
|---|---|
| Accounts payable | $2,421,190 |
| Accrued expenses | $400,032 |
| Leases and notes payable | $906,648 |
| Total Liabilities | $3,727,870 |
Net Assets
| Line item | Amount |
|---|---|
| Without restriction | $2,650,669 |
| With restriction | $236,619 |
| Total Net Assets | $2,887,288 |
| Total Liabilities and Net Assets | $6,615,158 |
Revenue
| Revenue source | Amount | Percent |
|---|---|---|
| Federal Grants | $11,510,813 | 56% |
| State Grants | $8,512,061 | 41% |
| Contributions | $250,973 | 1.2% |
| Foundation Grants and Contracts | $224,250 | 1.1% |
| Other Revenue | $132,967 | 0.6% |
| Total | $20,631,064 | 100% |
Expenses
| Expense category | Amount | Percent |
|---|---|---|
| Funding to Community Partners | $12,260,066 | 58% |
| Information and Assistance | $4,047,309 | 19% |
| Management and Program Development | $2,606,154 | 12% |
| Juniper | $1,137,877 | 5.4% |
| ElderCare Development Partnership | $529,093 | 2.5% |
| Dementia Friendly Initiatives | $328,921 | 1.6% |
| Pension and Retirement Rights | $287,339 | 1.4% |
| Other | $138,820 | 0.7% |
| Total | $21,038,227 | 100% |
Statement of Functional Expenses
| Expense category | Program services | Management & general | Total |
|---|---|---|---|
| Pass-through dollars to community partners | $12,260,067 | Not applicable | $12,260,067 |
| Salaries, wages and payroll taxes | $4,759,151 | $801,344 | $5,560,495 |
| Fringe benefits | $823,613 | $100,045 | $923,658 |
| Legal and accounting fees | $21,096 | $122,278 | $143,374 |
| Consultants | $745,492 | $170,274 | $915,766 |
| Travel | $49,986 | $8,719 | $58,705 |
| Seminars | $17,026 | $16,131 | $33,157 |
| Communication and postage | $144,356 | $250,727 | $395,083 |
| Supplies | $41,821 | $124,269 | $166,090 |
| Facility | $2,535 | $238,010 | $240,545 |
| Depreciation and amortization | $53,383 | Not applicable | $53,383 |
| Insurance | $11,111 | $70,618 | $81,729 |
| Advertising | $27,232 | $7,185 | $34,417 |
| Other costs | $169,308 | $1,623 | $170,931 |
| In-kind | $827 | Not applicable | $827 |
| Total | $19,127,004 | $1,911,223 | $21,038,227 |
Older Americans Act Services Funded
Nutrition
$9,223,611
78,677 meals provided in group settings and 888,588 delivered to individuals in their homes.
Special Access
$443,686
22,460 hours of services to individuals to overcome cultural/language barriers in making community and government services accessible.
Caregiver Services
$1,221,728
17,337 units of counseling, support group, and other assistance for caregivers of older adults.
Assisted Transportation
$496,699
29,630 rides for individuals who have difficulties (physical or cognitive) using other forms of transportation.
Chore and Homemaker Services/Home Modifications
$464,421
16,384 hours of chore and homemaker services, including 16 home modification projects to help older adults live in their own homes.
Legal Assistance and Education
$198,941
7,031 hours of legal assistance.
Health Promotion
$162,646
1,048 people took health promotion classes to stay healthy, manage chronic conditions and prevent falls.
Community Partners
The following organizations directly received Older Americans Act funding through MAAA in 2025:
- Anoka County Community Action Program
- Anoka County – Family Caregiver Connection
- CAPI USA
- Centro Tyrone Guzman
- CommonBond Communities
- DARTS
- Division of Indian Work
- East Side Neighborhood Services
- Faith Community Nurse Network
- FamilyMeans
- Help At Your Door
- Jewish Family and Children’s Service of Minnesota
- Karen Organization of Minnesota
- Korean Service Center
- Lao Advancement Organization of America
- Longfellow Seward Healthy Seniors
- Lutheran Social Services
- Lyngblomsten Services
- Metro Meals on Wheels
- Mid-Minnesota Legal Aid
- Minneapolis American Indian Center
- NewTrax
- Normandale Center for Healing and Wholeness
- Open Arms of Minnesota
- Oromo Community of Minnesota
- Pillsbury United Communities – Brian Coyle Center
- Presbyterian Homes – Optage Senior Dining
- Scott-Carver-Dakota-CAP Agency
- Senior Community Services
- SEWA – Asian Indian Family Wellness
- Southern Minnesota Regional Legal Services
- St. Anthony Park Seniors
- Touchstone Mental Health
- TRUST, Inc.
- United Cambodian Association of MN
- Volunteers of America Minnesota and Wisconsin
- Wilder
People Served by Race
| Race | People served | Percent |
|---|---|---|
| White Non-Hispanic | 13,775 | 61% |
| Black/African American | 3,975 | 18% |
| Asian | 2,064 | 9% |
| White Hispanic | 965 | 4% |
| Two or More Races | 732 | 3% |
| American Indian/Alaskan Native | 522 | 2% |
| Native Hawaiian or other Pacific Islander | 24 | <1% |
| Other | 461 | 2% |
| Unknown | 157 | 1% |
| Total | 22,675 | 100% |
Metropolitan Area Agency on Aging is funded in part by the Minnesota Board on Aging under the Older Americans Act.