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Nonprofit · EIN 26-0751308

AMERICAN ASSOCIATION OF RETIREDASIANS

Tax-exempt · BOLINGBROOK, IL 60440

Financials

$410K$350K2023$453K$513K2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN ASSOCIATION OF RETIREDASIANS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$452,629$512,909-$60,280$39,950$13,000$26,950
December 31, 2023990$409,633$349,717$59,916$93,730$6,500$87,230
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$452,629
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$7,800
Occupancy
$67,960
Program services (functional)
$440,747
Management and general (functional)
$72,162

Balance sheet and other

Total assets, start of year
$93,730
Total assets, end of year
$39,950
Total liabilities, end of year
$13,000
Net assets, end of year
$26,950
Net assets without donor restrictions
-$1
Net assets with donor restrictions
$26,951
Gross receipts
$452,629
Employees
0
Year formed
2007
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
TALAT KHANPRESIDENT
Officer
0$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
TALAT KHANPRESIDENT
Officer
0$0

Address and contacts

Address (IRS master file)
400 N SCHMIDT ROAD STE 400, BOLINGBROOK, IL 60440-1783
In care of
% TALAT KHAN
Mailing address (990-N for 2015)
380 S Schmale Road Suite 204, Carol Stream IL 60188
Principal officer (990 for 2024)
TALAT KHAN, 400 N SCHMIDT STE 100, BOLINGBROOK, IL 60440
Principal officer (990-N for 2015)
Ahsan Hafez, 380 S Schmale Road Suite 204, Carol Stream IL 60188
Signed the 990
TALAT KHAN, PRESIDENT
Phone
(630) 803-8130
Return prepared by
Pak Accounting & Tax Svcs Ltd

Mission

OUR MISSION IS TO INSPIRE, ENGAGE AND ENHANCE THE EMOTIONAL, SOCIAL AND PHYSICAL WELL BEING OF THE SENIOR COMMUNITYOF SOUTHE ASIAN ORIGIN

990 for the year ended December 31, 2024

Program accomplishments

  • AARA IS AN ALL VOLUNTEER ORGANIZATION. IT PROVIDES SERVICES TO ALL OLDEER ADULTS BUT MAINLY WORK WITH THE SOUTH ASIAN AMERICANS WITH LIMITED ENGLISH PROFICIENCY. MOST OF THE PROGRAMS ARE FUNDED BY COMMUNITY DONATIONS. ITS MISSION IS TO SERVE OLDER ADULTS PRIMARILY OF SOUTH ASIAN BACKGROUNDS BY PROVIDING A RANGE OF CULTURALLY APPROPRIATE AND LINGUISTICALLY SNESITIVE SERVICES IN THE GREATER CHICAGOLAND AREA.
    Expenses $440,747

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-0751308
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P40)
Assets (IRS master file)
$39,950
Income (IRS master file)
$452,629

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$452,629$512,909$39,950XML
990December 2023$409,633$349,717$93,730XML
990December 2022$370,367$395,250$58,445IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2015
Officer: Ahsan Hafez
December 31, 2015≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0751308).

Questions about AMERICAN ASSOCIATION OF RETIREDASIANS

What is the EIN of AMERICAN ASSOCIATION OF RETIREDASIANS?
The employer identification number (EIN) of AMERICAN ASSOCIATION OF RETIREDASIANS is 26-0751308.
Is AMERICAN ASSOCIATION OF RETIREDASIANS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to AMERICAN ASSOCIATION OF RETIREDASIANS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN ASSOCIATION OF RETIREDASIANS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN ASSOCIATION OF RETIREDASIANS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN ASSOCIATION OF RETIREDASIANS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN ASSOCIATION OF RETIREDASIANS?
The 990 for the year ended December 31, 2024 names TALAT KHAN.
Who are the officers and directors of AMERICAN ASSOCIATION OF RETIREDASIANS?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does AMERICAN ASSOCIATION OF RETIREDASIANS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $452,629, expenses of $512,909 and total assets of $39,950 at year end.

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