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PROFILE

1. Non-Financial Information

Name of Organisation:

Contact Information

SOCIETY FOR THE AGED SICK

Address:
130 Hougang Avenue 1
Singapore 538900

Head, Medical Care - Dr Ma San Aye
Head, Finance & Admin - Mr Wee Hian Chew
Telephone No: 6289 0993
Fax No: 6289 3227
Email Address: enquiry@societyagedsick.org.sg
Web-site Address: www.societyagedsick.org.sg


Charity Status

CONSTITUTION

Charity Regn. No: 00029
Charity Regn. Date: 6 February 1984

Registration: Society
Date of Establishment: 14 February 1968
ROS/RCB Regn. No: ROS 240/67 WEL 

IPC Status

MOH HEF Regn No. HEF 0041/G


Mission

To provide quality care to the aged sick and destitute.
To help the aged sick and destitute lead a meaningful and enriching life.

Vision:

Adding years of quality life to the elderly

Programs/Activities

Weekly:

St Vincent de Paul Nativity Church – Interaction and sponsor breakfast.

Monthly:

Aljunied CC WEC – Mass Birthday Celebration for residents
Sri Sathya Sai Baba Centre – Interaction and sponsor lunch
Changi GeneralHospital – Care and share programme
Kong Mern Sheng Tao Yuan Peng – Entertainment & lunch
Joo Seng CC WEC – Entertainment and sponsor lunch
Cheng Beng Buddhist Society – Entertainment and dinner
Quarterly: CPF Board – Interaction and performance
Singapore Navy – Interaction and community service
The Sowers, NovenaChurch – Interaction and performance

Yearly:

Tan Foundation – Interaction, sponsor meals and give ang pow
Rotary Club – Interaction, sponsor lunch and give ang pow
Anglo Chinese JC – Performance and give ang pow
Xingyi Sheng Tang – Interaction and give ang pow
YuyingSecondary School – Performance and give ang pow
Lion’s Club of Singapore – Interaction and give ang pow


Board Members:

Executive Committee - 2-year term 2006/07 & 2007/08

President                        :          Mr.Eric Teoh Cheng Eam
Deputy Presidents         :          Dr.Mok Kum Fun
                                                    Dr.Richard Tan Han Shing
Hon. Secretary               :          Mr.Lau Chee Tiun
Hon. Treasurer               :          Dr.Tan Kong Chin
Hon. Asst. Treasurer     :          Mr.Paul Teo Ngiap Eng
Committee Members    :          Mrs.Liew Soo Wah
                                                    Dr.Timothy Teoh
                                                    Mr.Liew Shew Choi

Key Employees:

Dr Ma San Aye – Head, Medical Care
Mr Wee Hian Chew – Head, Finance Administration        

Auditor:

Robert Yam & Co - From Apr 2001 to Mar 2006
W L Wong & Co - From Apr 2006.


Financial Information*

Income

FY2004
(S$'000)

FY2005
(S$'000)

FY2006
(S$'000)

%Increase/
(Decrease)

Donations in Cash





- Tax Deductible

224

304

280

-7.9%

- Non-Tax Deductible

NA

NA

NA

NA

Donations in Kind





- Tax Deductible

NA

NA

NA

NA

- Non-Tax Deductible

NA

NA

NA

NA

Grants/Sponsorships

1,896

1,906

1,978

3.8%

Investment income

25

75

39

-48.0%

Investment gains

NA

NA

NA

NA

Residents' maintenance fee

498

625

527

-15.7%

Other income

30

31

12

-61.3%

Total Income

2,673

2,941

2,836

-3.6%






Expenses

FY2004
(S$'000)

FY2005
(S$'000)

FY2006
(S$'000)

% Increase/
(Decrease)

Direct Fund-raising Expenses

NA

NA

NA

NA

Charitable Activities Expenses





- Local

2,095

2,172

2,276

4.8%

- Overseas

NA

NA

NA

NA

Other Operating & Admin Expenses

NA

NA

NA

NA

Others

NA

NA

NA

NA

Total Expenditure

2,095

2,172

2,276

4.8%

Surplus/(Deficit)

578

769

560

-27.2%






Balance Sheet

FY2004
(S$'000)

FY2005
(S$'000)

FY2006
(S$'000)

% Increase/
(Decrease)

ASSETS





Land and Buildings

7,006

6,604

7,721

16.9%

Other Tangible Assets

262

281

254

-9.6%

Investments

NA

NA

NA

NA

Inventories

NA

NA

NA

NA

Accounts Receivable

51

36

49

-36.0%

Cash & Deposits

8,865

9,694

8,734

-9.9%

Others

NA

NA

NA

NA

Total Assets

16,184

16,615

16,758

0.8%






FUNDS





Unrestricted Fund

3,428

4,134

4,661

12.7%

Restricted Fund

12,249

11,993

11,716

-2.3%

Endowment Fund

NA

NA

NA

NA

Total Funds

15,677

16,127

16,377

1.5%






LIABILITIES





Long-Term Liabilities

NA

NA

NA

NA

Current Liabilities

507

488

381

-21.9%

Total Liabilities

507

488

381

-21.9%

Total Funds and Liabilities

16,184

16,615

16,758

0.8%






Other Information

FY2004
(S$'000)

FY2005
(S$'000)

FY2006
(S$'000)

% Increase/
(Decrease)

Donations/Grants and Sponsorships





given to other Charities (S$'000)

NA

NA

NA

NA

No. of Employees

81

80

80

NA

Total Employee Costs (S$'000)

1,114

1,184

1,241

4.8%

Total Related Party Transactions





(S$'000)

NA

NA

NA

NA

Fund-raising efficiency

NA

NA

NA

NA

Ratio of reserves to annual





operating expenditure

1.63

1.90

2.04

7.4%

* The financial information posted online is extracted from the audited accounts.   
Financial year-end of the Society for the Aged Sick is 31 March.