AARP by the numbers

Founded: 1958

Members: 35 million

Minimum age for membership: 50

Annual membership fee: $12.50

2002 revenue: $636 million

Revenue sources:

. Membership dues: $186 million

. Royalties, advertising and member services: $333 million

. Federal and other grants: $61 million

. Investments: $56 million

2002 expenditures: $621 million

Spending:

. Membership development: $40 million

. Legislation and research: $57 million

. Member services: $128 million

. Management: $91 million

. Programs and field services: $163 million

. Publications: $142 million

2003 Washington lobbying, January-June: $4.5 million

Employees: 2,000

Executive Director William Novelli’s annual salary: $458,468, plus $9,266 expense account.

Former executive director Horace Deets’ deferred compensation package: $2.65 million.

Registration with IRS: 501(c)4, a tax-exempt social welfare organization.

Related entities: At least seven, including AARP Services Inc., a taxable, for-profit subsidiary; AARP Properties LCC; AARP Financial Services Corp.; AARP FSC LLC, which owns and operates a parking garage at the group’s Washington headquarters; AARP Foundation; Legal Counsel for the Elderly.

Source: AARP