Nonprofits/Organizations/95-1985500
Active
501(c)(4)
R25 · Civil Rights, Social Action & Advocacy
Form 990

Aarp

EIN 95-1985500Washington, DC 20049Founded 1958WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

AARP is a nonprofit, nonpartisan organization empowering people to choose how they live as they age.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$11.0B

+529.7%YoY

Total Expenses

$1.8B

+2.7%YoY

Net Assets

$12.1B

+348.9%YoY

Employees

2,187

+1.6%YoY

Volunteers

20,977

Grants Paid

$39.9M

Program Expense Ratio

84.7%

Fundraising Efficiency

3387.3%

This nonprofit profile presents IRS Form 990 tax filing data for Aarp (EIN: 95-1985500), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, top independent contractors, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

Chat with Aarp's data & any nonprofit

Coming Soon

Compare organizations, analyze trends, and ask questions about Aarp's finances, compensation, and programs — or any other nonprofit — using our AI-powered research assistant.

Join Waitlist
RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +529.7% to $11.0B
Program spending ratio of 84.7% — good
82.1 months of operating reserves — strong cushion
Expenses increased +2.7% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
12-member board, 11 independent

Compensation

Top compensation: $2,871,820 (CEO)
Top exec pay is 0.2% of total expenses — very modest
Schedule J filed for 18 individuals — detailed disclosure
54 executive perks reported — above typical

Program Effectiveness

5 programs reported
84.7% of spending goes to programs
4 programs generate revenue — self-sustaining activity
$39.9M in grants paid to other organizations
20,977 volunteers engaged

Financial Stability

Debt-to-asset ratio of 7.0% — low leverage
0.1 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets consistently growing over recent filings

Risk Flags

1 business transaction with interested persons
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Aarp is a 501(c)(4) nonprofit headquartered in Washington, DC, founded in 1958. It is classified under NTEE code R25 (Seniors Rights), within the Civil Rights, Social Action & Advocacy category. The organization has held tax-exempt status since 1967. In its 2024 filing, the organization reported $11.0B in total revenue, a 529.7% increase from the prior year, and $1.8B in total expenses. The organization employed 2,187 people and engaged 20,977 volunteers. Jo Ann Jenkins, CEO, is the highest-compensated individual at $2,871,820. The organization runs 5 programs, totaling $1.5B in program expenses. 6 of 6 recommended governance policies are in place. Executive benefits include first-class travel, companion travel, housing allowance.

Aarp is classified under NTEE code R25 (Seniors Rights), which falls within the Civil Rights, Social Action & Advocacy category. Its foundation type is 00.

Programs(Tax Year 2024)

5 records

Programs Overview

Aarp operates 5 programs, with total program expenses of $1.5B. Aarp's largest program accounts for 32% of total program spending.

1
Program 1Expenses: $487,151,192

Publications and CommunicationsAARP is a unique source of information through multiple communication channels on topics of interest to people 50+ and their families. AARP publishes "AARP The Magazine," the world's largest circulation magazine, every other month. "AARP The Magazine" includes the key areas of health, personal finance, work/life transitions, and personal enrichment. AARP also publishes 10 issues of "AARP Bulletin," which reports on such issues as Social Security, Medicare, and topics related to work, saving money, retirement, pensions, health, and quality of life. "AARP The Magazine and "AARP Bulletin," provided to all AARP member households, and part of these publications are also made available to the public online and otherwise.AARP also communicates with members and non-members through its award-winning website, mobile apps, broadcast studio productions, social media, and various other platforms to provide information that is engaging, informative, and useful and to ensure that positive images of aging are reflected in society.

2
Program 2Expenses: $462,789,107

Community Engagement, Education, and Outreach provides programs, services, tools, information, and advocacy that advance the mission of AARP by helping to fulfill the wants and needs of people age 50+ and their families. AARP's 53 state and territorial offices offer needed assistance, information, and support to Americans 50+ at the state and local levels. This includes a wide range of community-based activities that engage the diverse 50+ population and their families, such as educational programs, health fairs, career expos, and volunteer opportunities. An important element of our state and local work is grassroots advocacy on state and local legislative and regulatory issues, including utility rates, caregiving, and work and save programs.AARP also advances our policy agenda at the national level through advocacy that proactively addresses issues important to people 50+, including caregiving, health, saving and planning, Social Security, and age-based discrimination. Underlying our policy agenda is the in-depth research conducted by AARP, which also provides a foundation for our program development and for the information we provide on key issues affecting 50+ Americans, including, in addition to those listed above, livable communities, work and careers, and more. AARP offers training and education programs that help people 50+ improve their lives, such as AARP Driver Safety courses and local workshops and activities on matters such as fraud prevention.AARP also facilitates the participation of 50+ Americans in bringing about positive social change in America. Initiatives include Create the Good, which connects individuals to a network of people, tools, and time-flexible volunteer opportunities; Andrus Awards for Community Service, which recognize people who have made a difference in their communities in ways that support AARP's mission, vision, and direction; AARP Purpose Prize awards, which support AARP's mission by honoring extraordinary people ages 50 and older who tap into the power of life experience to build a better future for us all; and the work of AARP Chapters, which engage members in community service and fellowship.

3
Program 3Expenses: $248,238,624

Member Engagement is dedicated to ensuring that AARP provides a valuable member experience to members and that a relevant portfolio of information, programs, benefits, and services is readily available to all members. Members have the opportunity to receive customized information in the manner most useful to them. Assistance for members is available through a contact center reachable by phone or online, which also provides assistance to non-members who contact us.

4
Program 4Expenses: $288,792,208

Member Acquisition's work is based on the recognition that members are an essential part of AARP's ability to achieve its mission. Speaking on behalf of its tens of millions of members gives AARP significant power and reach in advocating for social change at the local, state, and national levels. Members also provide grassroots activism, volunteer work, and input into the problems faced by Americans as they age, which helps shape AARP's social change agenda. Member Acquisition seeks to retain current members and provides outreach to potential members, including the many different segments of America's diverse 50+ population.

5
Program 5Expenses: $14,256,383

Cash Contributions to Affiliated Charitable Organizations: AARP provides significant support to its charitable affiliates. AARP Foundation provides services for the most vulnerable part of the 50+ population, working to win back opportunity for low-income Americans 50+ with a particular focus on income, benefits, and refunds. Experience Corps, which is part of the AARP Foundation, connects highly trained volunteers age 50 and above with disadvantaged students to tutor literacy. Legal Counsel for the Elderly provides free legal representation for low-income residents of the District of Columbia. Wish of a Lifetime shifts how society values seniors by granting and sharing their lifelong wishes. Olders Adults Technology Services harnesses the power of techology to change the way we age. In addition to the cash support, AARP provides significant in-kind contributions and services to its charitable affiliates.

Total Program Expenses: $1,501,227,514

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, Aarp's revenue has grown from $1.8B to $11.0B, a 525.8% increase. Program expenses represent 85% of total spending.

Revenue increased 529.7% year-over-year, while expenses grew 2.7%. net assets rose to $12.1B, up 348.9% from the prior year. the organization added 34 employees.

Aarp derives 4% from contributions and grants, with 2% from program services, with 4% from investment income.

Revenue is diversified across investment income (4%), contributions and grants (4%), program service revenue (2%).

Aarp allocates 85% to programs, 15% to management and general, 1% to fundraising.

Revenue grew by 529.7% while expenses grew by only 2.7%, suggesting improving operational efficiency.

Aarp distributed $39.9M in grants to other organizations and individuals, representing 2% of total expenses.

Over 6 filings from 2019–2024, Aarp grew revenue from $1.8B to $11.0B (+525.8%) while maintaining a program expense ratio of 85%. During this period, the organization grew from 2,007 to 2,187 employees.

Aarp holds $13.1B in total assets against $917.8M in liabilities (debt-to-asset ratio of 7%). The organization has 82.1 months of operating reserves. Cash and equivalents of $15.9M cover approximately 0.1 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$11.0B$394.6M$281K$188.5M$448.3M
2023$1.7B$312.5M$271K$175.2M$113.0M
2022$1.8B$318.1M$220K$187.4M$147.3M
2021$2.0B$319.7M$299K$184.5M$425.0M
2020$1.7B$319.0M$357K$169.5M$164.4M
2019$1.8B$339.8M$302K$174.8M$250.3M

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$1.8B$1.5B$260.6M$11.6M$39.9M
2023$1.7B$1.5B$203.2M$5.6M$38.0M
2022$1.7B$1.5B$247.0M$10.0M$39.5M
2021$1.6B$1.4B$260.9M$8.9M$42.2M
2020$1.6B$1.4B$224.9M$5.8M$97.6M
2019$1.6B$1.4B$216.5M$7.9M$125.2M

Program Expense Ratio

84.7%

Admin Expense Ratio

14.7%

Fundraising Efficiency

3387.3%

Operating Reserve

82.1 mo

People & Compensation(Tax Year 2024)

30 records

Compensation Summary

Aarp reported compensation for 30 officers and key employees. Total officer compensation was $13.9M, representing 0.8% of total expenses. 17 individuals received total compensation exceeding $500,000.

Aarp's highest-compensated individual received $2.9M in total compensation. Total officer compensation of $13.9M represents 0.8% of total expenses. 2 individuals received total compensation exceeding $1,000,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
Jo Ann JenkinsCEO
OfficerDirector
40.00$2,746,855$0$2,871,820
Scott M FrischEVP & COO
Officer
40.00$1,024,073$0$1,099,565
Nancy A LeaMondEVP - Advocacy & Engagemen
Key Employee
40.00$879,502$0$928,355
Martha BoudreauEVP & Chief Comm & Mktg
Key Employee
40.00$771,916$0$836,924
Kevin DonnellanEVP & Chief of Staff
Key Employee
40.00$630,155$0$694,621
David C MoralesEVP & General Counsel
Key Employee
40.00$587,580$0$663,071
Debra B WhitmanEVP & Public Policy Officer
Key Employee
40.00$576,926$0$652,419
Nancy M SmithEVP & Corporate Secretary
Officer
40.00$567,032$0$616,137
Kevin BelliSVP - Financial Planning & Analysis
Highest Comp
40.00$535,062$0$610,555
Edna Kane-WilliamsEVP & Chief Diversity Officer
Key Employee
40.00$548,532$0$605,607
Sami HassanyehInterim EVP & Chief Comm & Mktg Off
Key Employee
40.00$529,734$0$594,199
Kristin DillonSVP - States & Community Engage
Highest Comp
40.00$512,678$0$581,266
Myrna BlythSVP & Editorial Director
Key Employee
40.00$513,366$0$562,220
William J SweeneySVP Government Affairs
Highest Comp
40.00$490,780$0$556,573
Doris Dickens GilliamAssociate General Counsel
Highest Comp
40.00$492,821$0$554,999
John Francis HishtaSVP Campaigns
Highest Comp
40.00$484,315$0$548,777
Karen L MercerSVP & AARP Treasurer
Key Employee
40.00$466,489$0$532,283
Dr Myechia Minter-JordanCEO
OfficerDirector
40.00$400,117$0$413,824
Lloyd JohnsonBoard Chair
Director
10.00$7,971$0$7,971
Rosanna A MarquezDirector
Director
5.00$913$0$913
Robert BlancatoSecond Vice Chair
Director
7.00$0$0$0
Elizabeth EllardDirector
Director
5.00$0$0$0
Alan MurrayDirector
Director
5.00$0$0$0
Julio A PortalatinDirector
Director
5.00$0$0$0
Marie Quintero-JohnsonDirector
Director
5.00$0$0$0
Libby SartainDirector
Director
5.00$0$0$0
David WindleyDirector
Director
5.00$0$0$0
Margot James CopelandFirst Vice Chair
Director
5.00$0$0$0
Jeffrey D DunnDirector
Director
5.00$0$0$0
Joseph F CoughlinDirector
Director
5.00$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

Jo Ann Jenkins

Base Salary

$1,099,345

Bonus

$1,602,689

Other Reportable

$44,821

Retirement/Deferred

$107,524

Nontaxable Benefits

$17,441

Executive Perks

First-class travelCompanion travelHousing allowance

Scott M Frisch

Base Salary

$613,994

Bonus

$407,757

Other Reportable

$2,322

Retirement/Deferred

$47,024

Nontaxable Benefits

$28,468

Executive Perks

First-class travelCompanion travelHousing allowance

Nancy A LeaMond

Base Salary

$611,619

Bonus

$256,759

Other Reportable

$11,124

Retirement/Deferred

$47,024

Nontaxable Benefits

$1,829

Executive Perks

First-class travelCompanion travelHousing allowance

Martha Boudreau

Base Salary

$532,495

Bonus

$232,537

Other Reportable

$6,884

Retirement/Deferred

$47,024

Nontaxable Benefits

$17,984

Executive Perks

First-class travelCompanion travelHousing allowance

Kevin Donnellan

Base Salary

$461,758

Bonus

$161,539

Other Reportable

$6,858

Retirement/Deferred

$47,024

Nontaxable Benefits

$17,442

Executive Perks

First-class travelCompanion travelHousing allowance

David C Morales

Base Salary

$435,360

Bonus

$149,648

Other Reportable

$2,572

Retirement/Deferred

$47,024

Nontaxable Benefits

$28,467

Executive Perks

First-class travelCompanion travelHousing allowance

Debra B Whitman

Base Salary

$430,376

Bonus

$145,308

Other Reportable

$1,242

Retirement/Deferred

$47,024

Nontaxable Benefits

$28,469

Executive Perks

First-class travelCompanion travelHousing allowance

Nancy M Smith

Base Salary

$416,879

Bonus

$143,295

Other Reportable

$6,858

Retirement/Deferred

$47,024

Nontaxable Benefits

$2,081

Executive Perks

First-class travelCompanion travelHousing allowance

Kevin Belli

Base Salary

$357,053

Bonus

$174,272

Other Reportable

$3,737

Retirement/Deferred

$47,024

Nontaxable Benefits

$28,469

Executive Perks

First-class travelCompanion travelHousing allowance

Edna Kane-Williams

Base Salary

$403,111

Bonus

$138,563

Other Reportable

$6,858

Retirement/Deferred

$47,024

Nontaxable Benefits

$10,051

Executive Perks

First-class travelCompanion travelHousing allowance

Sami Hassanyeh

Base Salary

$397,494

Bonus

$129,918

Other Reportable

$2,322

Retirement/Deferred

$47,024

Nontaxable Benefits

$17,441

Executive Perks

First-class travelCompanion travelHousing allowance

Kristin Dillon

Base Salary

$398,554

Bonus

$110,918

Other Reportable

$3,206

Retirement/Deferred

$47,024

Nontaxable Benefits

$21,564

Executive Perks

First-class travelCompanion travelHousing allowance

Myrna Blyth

Base Salary

$390,131

Bonus

$104,487

Other Reportable

$18,748

Retirement/Deferred

$47,024

Nontaxable Benefits

$1,830

Executive Perks

First-class travelCompanion travelHousing allowance

William J Sweeney

Base Salary

$382,592

Bonus

$107,076

Other Reportable

$1,112

Retirement/Deferred

$47,024

Nontaxable Benefits

$18,769

Executive Perks

First-class travelCompanion travelHousing allowance

Doris Dickens Gilliam

Base Salary

$200,488

Bonus

$58,460

Other Reportable

$233,873

Retirement/Deferred

$38,737

Nontaxable Benefits

$23,441

Executive Perks

First-class travelCompanion travelHousing allowance

John Francis Hishta

Base Salary

$380,820

Bonus

$99,931

Other Reportable

$3,564

Retirement/Deferred

$47,024

Nontaxable Benefits

$17,438

Executive Perks

First-class travelCompanion travelHousing allowance

Karen L Mercer

Base Salary

$356,413

Bonus

$106,249

Other Reportable

$3,827

Retirement/Deferred

$47,024

Nontaxable Benefits

$18,770

Executive Perks

First-class travelCompanion travelHousing allowance

Dr Myechia Minter-Jordan

Base Salary

$100,962

Bonus

$250,000

Other Reportable

$49,155

Retirement/Deferred

$9,972

Nontaxable Benefits

$3,735

Executive Perks

First-class travelCompanion travelHousing allowance

Top Contractors(Tax Year 2024)

5 records

Contractor Summary

Aarp reported 5 contractors receiving over $100,000, with total contractor payments of $515.8M.

NameServiceCompensation
Incomm Digital Solutions LLCBulk gift card provider$293,925,977
Essence Mediacom LLCMedia agency$78,031,226
Quad Graphics IncMarketing solutions services$75,834,124
Strand Marketing LLCDigital marketing services$34,208,559
RR DonnelleyPrinting services$33,766,966

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Aarp has 6 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 12 members, 11 of whom are independent.

Aarp's financial statements are audited, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members12
Independent members11

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Insider Transactions(Tax Year 2024)

1 record

Unknown person

Grants Awarded(Tax Year 2024)

688 records

Grantmaking Summary

Aarp awarded $35.8M across 688 grants to organizations. Top recipients include Older Adults Technology Services (New York, NY) — $7.4M for general support; Wish of a Lifetime (Denver, CO) — $3.4M for general support; Legal Counsel for the Elderly (Washington, DC) — $3.0M for general support.

Organization Grants

RecipientLocationAmountPurpose
Older Adults Technology Services550882599New York, NY$7.4MGeneral support
Wish of a Lifetime262123649Denver, CO$3.4MGeneral support
Legal Counsel for the Elderly521194741Washington, DC$3.0MGeneral support
The Creative Coalition133517803New York, NY$995KSponsorship of the Entertainment Advisory Commission & Voices of Impact program and events
United Way Worldwide131635294Boston, MA$819KGrant to support the creation of a family caregiver support program
AARP Foundation520794300Washington, DC$514KGeneral support
America'S Charities541517707Chantilly, VA$508KPayment to be distributed to numerous charities through AARP's employee gift matching program
Regents of the University of Michigan386006309Ann Arbor, MI$440KSupport for the National Poll on Healthy Aging
John F Kennedy Center for the Performing Arts530245017Washington, DC$424KSponsorship of the NSO Pops Season
Massachusetts Institute of Technology042103594Cambridge, MA$360KGrant to support the MIT AGELAB research & education programs
Aspen Institute840399006Washington, DC$325KSponsorship of annual conference and retirement savings forum
US Library of Congress536002532Washington, DC$320KSponsorship of the Gershwin Prize for Popular Song and national book festival
The Links Foundation Incorporated521170830Washington, DC$287KSponsorship of the national assembly and programatic support
National Coalition on Black Civic Participation521253112Washington, DC$275KSponsorship of roundtable and summit and various events
The Cleveland Clinic Foundation340714585Independence, OH$258KSponsorship to support the Women's Alzheimer's Movement
University of North Dakota456002491Grand Forks, ND$250KGrant to support the Native Urban Elder Needs Assessment survey
Elizabeth Dole Foundation454292692Washington, DC$250KSponsorship of the Heroes and History Makers 2024 Gala
National Elder Fraud Coordination Center931421130Carlsbad, CA$250KGeneral support
Asian and Pacific Islander American Vote030575412Arlington, VA$203KSponsorship of voter engagement programs
National Opinion Research Center362167808Chicago, IL$200KGrant to support the AAPI Panel on differences among AAPI ethnic groups

Showing 20 of 688 grants.

Fundraising & Events(Tax Year 2024)

Fundraising Overview

Aarp uses 2 professional fundraisers. Firms include O'Brien Garrett Inc, Blue State Digital Inc.

Professional Fundraisers

FirmActivityRetainedNet to Org
O'Brien Garrett IncCreative direct mail marketing services$498K$0
Blue State Digital IncCreative on-line marketing services$120K$0
Professional fundraisers: Yes

Foreign Activities(Tax Year 2024)

International Overview

Activities span Central America and the Caribbean, East Asia and the Pacific, Europe (Including Iceland & Greenland), Middle East and North Africa, South America.

Regions & Countries

Region / CountryActivityExpenditure
Central America and the Caribbean
East Asia and the Pacific
Europe (Including Iceland & Greenland)
Middle East and North Africa
South America
South Asia
Sub-Saharan Africa
Central America and the Caribbean
Europe (Including Iceland & Greenland)
North America
Middle East and North Africa

Filing History(Tax Years 1967–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$11.0B$1.8B$12.1B
2023
990
2023-01-01 – 2023-12-31$1.7B$1.7B$2.7B
2022
990
2022-01-01 – 2022-12-31$1.8B$1.7B$2.4B
2021
990
2021-01-01 – 2021-12-31$2.0B$1.6B$2.2B
2020
990
2020-01-01 – 2020-12-31$1.7B$1.6B$1.6B
2019
990
2019-01-01 – 2019-12-31$1.8B$1.6B$1.5B
1967–2018No filings acquired yet

Frequently Asked Questions

What does Aarp do?

AARP is a nonprofit, nonpartisan organization empowering people to choose how they live as they age.

How much revenue does Aarp have?

Aarp reported $10,969,160,920 in total revenue for tax year 2024, up 529.7% from the prior year.

Who is the highest-paid executive at Aarp?

Jo Ann Jenkins, CEO, received $2,871,820 in total compensation as of tax year 2024.

Is Aarp a 501(c)(3)?

Aarp is classified as a 501(c)(4) tax-exempt organization.

Where is Aarp located?

Aarp is headquartered in Washington, DC 20049.

How many employees does Aarp have?

Aarp has 2,187 employees and 20,977 volunteers as of tax year 2024.

What type of nonprofit is Aarp?

Aarp is classified under NTEE code R25 (Seniors Rights), within the Civil Rights, Social Action & Advocacy category. It is a 501(c)(4) tax-exempt organization.

Is Aarp audited?

Yes, Aarp's financial statements are audited, and the organization has an audit committee.

How much does Aarp spend on fundraising?

Aarp reported $11,648,590 in fundraising expenses for tax year 2024, which represents 0.7% of total expenses.

Does Aarp give grants?

Yes, Aarp distributed $39,872,182 in grants to other organizations and individuals in tax year 2024. Top recipients include Older Adults Technology Services, Wish of a Lifetime, Legal Counsel for the Elderly.

Does Aarp operate internationally?

Yes, Aarp conducts activities outside the United States. Activities span Central America and the Caribbean, East Asia and the Pacific, Europe (Including Iceland & Greenland), Middle East and North Africa, South America.

Does Aarp hold fundraising events?

Aarp reports fundraising event activities. It uses 2 professional fundraisers.

Data Source

Prepared by: Andersen Tax LLC, Los Angeles, CA

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
Coming Soon

Ask anything about
any nonprofit

Get instant, data-backed answers about nonprofit compensation, financials, and trends. Join the waitlist for early access. Free tier included at launch.

Trusted by nonprofit professionals

3.6M+

IRS Filings

1.7M+

Organizations

28M+

Comp Records

Aarp Executive Salaries & 990 Data | RoundPaper