Bay Aging is a 501(c)(3) organization based in Urbanna, Virginia, registered in 1979, with $83,199,281 in FY2024 revenue. CharityIndex grades it A+, and it directs about 96% of spending to programs.
Revenue (FY2024)
$83.2M
▲ 35.2% vs prior year
Human Services median: $293K
Expenses (FY2024)
$80.9M
Net assets
$27.9M
Employees
393
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Bay Aging: 96% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bay Aging: 4 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Bay Aging: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bay Aging: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The organization delivers programs and services to people of all ages to help them live independently in their communities for as long as possible.
Bay transit provides public transportation for people of all ages. we provided more than 132,000 rides across our 12-county service area in fy 2025. bay aging microtransit and our new freedom program also saw significant increases in ridership. riders utilized bay transit to access employment, healthcare, shopping, and numerous other consumer services.
Bay aging senior apartments are hud and lihtc subsidized, rent controlled properties for residents over the age of 62. these 11 apartment communities provide safe, affordable housing and enriched supports to 405 occupants across the service area. the housing choice voucher program allowed people of all ages access to safe, stable homes. single family housing encompasses 4 major initiative weatherization, indoor plumbing rehabilitation, emergency home repair, and community development block grants.
Revenue grew from $14.1M (FY2013) to $83.2M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
2.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$42.4M
Total liabilities
$14.5M
Net assets
$27.9M
Salaries & benefits
$16.7M
21% of expenses
Board members
15
15 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $83,199,281▲35.2% | $80,883,129▲42.0% | $27,875,822▲9.1% | $42,402,144▲11.5% | 990 |
| 2023 | $61,552,950▲41.2% | $56,979,202▲36.6% | $25,540,988▲22.0% | $38,035,807▲19.9% | 990 |
| 2022 | $43,584,605▲24.6% | $41,719,718▲24.2% | $20,937,049▲9.8% | $31,711,719▲14.9% | 990 |
| 2021 | $34,968,154▲23.2% | $33,579,995▲25.1% | $19,062,522▲10.9% | $27,589,371▲11.8% | 990 |
| 2020 | $28,384,644▲35.6% | $26,848,673▲28.7% | $17,194,694▲9.8% | $24,671,284▲7.0% | 990 |
| 2019 | $20,939,151▲18.9% | $20,861,847▲17.3% | $15,658,723▲0.5% | $23,060,386▲24.4% | 990 |
| 2018 | $17,612,370▲7.8% | $17,780,801▲6.0% | $15,581,419▼1.1% | $18,530,174▲0.9% | 990 |
| 2017 | $16,335,475▲7.3% | $16,781,957▲7.7% | $15,749,850▼3.0% | $18,363,251▼2.8% | 990 |
| 2016 | $15,230,464▲2.7% | $15,583,815▲8.9% | $16,234,418▼2.6% | $18,882,955▲0.9% | 990 |
| 2015 | $14,826,409▼2.8% | $14,304,095▲8.7% | $16,672,801▲3.0% | $18,720,026▲1.5% | 990 |
| 2014 | $15,255,082▲7.9% | $13,156,467▲30.2% | $16,180,128▲14.9% | $18,443,583▲12.1% | 990 |
| 2013 | $14,139,654 | $10,101,379▼0.5% | $14,081,513▲40.2% | $16,453,198▲26.1% | 990 |
| 2012 | — | $10,150,465▼8.0% | $10,043,238▲11.9% | $13,047,972▲17.0% | 990 |
| 2011 | — | $11,033,557▲4.1% | $8,978,618▲11.6% | $11,155,028▲5.9% | 990 |
| 2010 | — | $10,598,426▼7.4% | $8,042,827▲11.6% | $10,538,447▲4.8% | 990 |
| 2009 | — | $11,441,727 | $7,207,636 | $10,057,646 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Kathy Vesley — $248,168 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kathy Vesley | President/ceo | 40 | $248,168 |
| Tinsley Goad | Cfo | 40 | $217,670 |
| Robert Butler | It Director | 40 | $138,003 |
| Kenneth Pollock | Transit Director | 40 | $136,954 |
| Mellissa N Blake | Vdc Director | 40 | $123,324 |
| Joshua Gemerek | Sr. Vp Housing | 40 | $121,887 |
| Catherine G Eades | Transitional Care Director | 40 | $116,745 |
| Barry L Gross Md | Chair | 2 | — |
| Belinda Johnson | Director | 2 | — |
| Ben Owen | Director | 2 | — |
| Bruce Craig | Director | 2 | — |
| Cynthia Talcott | Director | 2 | — |
| Donna Cogswell | Director | 2 | — |
| James Dudley | Director | 2 | — |
| James N Carter Jr | Director | 2 | — |
| Jeanne Hockaday | Director | 2 | — |
| Lynda Smith | Treasurer | 2 | — |
| Rev Maria Harris | Director | 2 | — |
| Robert Wilbanks | Vice Chair | 2 | — |
| Stanley Clarke | Secretary | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Senior Services of Se Va | Veteran Directed Transitional Care | $1,231,459 |
| Peninsula Agency On Aging | Veteran Directed Transitional Care | $1,181,565 |
| Appalachian Agency For Sr Citizens | Medicaid Health Screening | $422,931 |
| Local Office On Aging | Veteran Directed Transitional Care | $418,414 |
| Image Center | Veteran Directed Care | $269,119 |
18 grants to Bay Aging totaling $821K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Corporation For Supportive Housing | Financial assistance | 2024 | $300,000 |
| The Community Foundation Inc | Health and wellness | 2024 | $112,500 |
| Meals On Wheels America | Project support | 2024 | $29,536 |
| The Community Foundation Inc | Health and wellness | 2023 | $33,000 |
| Meals On Wheels America | Project support | 2023 | $5,661 |
| Meals On Wheels America | Project support | 2023 | $5,661 |
| The Community Foundation Inc | Health and wellness | 2022 | $5,563 |
| Feed More Inc | Funds for new freezer | 2021 | $25,000 |
| The Community Foundation Inc | General purposes | 2021 | $24,100 |
| Meals On Wheels America | Project support and other services | 2021 | $20,000 |
| Meals On Wheels America | Project support and other services | 2020 | $83,200 |
| The Community Foundation Inc | Emergency response funding; mathews meals on wheels | 2020 | $10,000 |
| The Community Foundation Inc | New freedom mobility management; second public transportation bus in middlesex county | 2019 | $24,084 |
| Feed More Inc | Food lion grant | 2019 | $2,500 |
| The Community Foundation Inc | Meals on wheels, bus transportation | 2018 | $29,284 |
Explore more
Data for Bay Aging (EIN 54-1085032) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.