AARP - insurance company USA |
Motto | "Real Possibilities." |
Predecessor | National Retired Teachers Association |
Formation | 1958 year |
Headquarters | Washington, D.C. |
Membership | 37,000,000+ |
Chief Executive Officer | Jo Ann Jenkins |
President | Jeannine English |
Website | aarp.org |
Headquarters in Washington, D.C. |
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AARP is a membership organization for geriatrics and operates as a non-profit advocate for its members and is one of the most powerful lobbying groups in the United States.
AARP has seven affiliated organizations: AARP Foundation, a non-profit charity that helps people over age 50 at social and economic risk; AARP Institute, a non-profit charity that holds some of AARP's charitable gift annuity funds; Legal Counsel for the Elderly, a non-profit charity that provides low- or no-cost legal assistance to seniors in Washington, D.C.; AARP Experience Corps, a non-profit charity that encourages people over age 50 to mentor and tutor school children; AARP Insurance Plan, a non-profit social welfare organization that holds some of AARP's group health insurance policies; AARP Financial Services Corporation, a for-profit corporation that holds AARP's real estate; and AARP Services Inc, a for-profit corporation that provides quality control and research. According to AARP's 2008 Consolidated financial statements, AARP Services Inc. was paid $652,000,000 in royalties from insurance companies that sold products referred by AARP. AARP also received an additional $120,000,000 for the advertisements placed in its publications.
The AARP Foundation's website claims the nonprofit "wants to win back opportunity for those now in crisis, so thousands of vulnerable low-income Americans 50+ can regain their foothold, continue to serve as anchors for their families and communities and ensure that their best life is still within reach." Key areas of focus are hunger, income, housing and isolation. The Foundation's vision is "a country that is free of poverty where no older person feels vulnerable".
As of April 2014, AARP claims it has more than 37 million members,making it one of the largest membership organizations in the United States
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