Argentum

Alexandria, VA ยท Founded 1991

National association supporting professionally operated senior living communities across the United States

Primary audience
Senior living providers
Work area
Trade association
Topic
Senior care
Contact
James Balda
Website Contact

About Organization

Argentum serves as the leading national association dedicated to professionally operated senior living communities for seniors. Based in Alexandria, VA, the organization operates with 28 employees and generates $8.0 million in annual revenue. Founded in 1991, Argentum provides member-driven programs, research, educational resources, and advocacy to promote operational excellence in the senior living industry.

What They Focus On

Operational Excellence

Promoting best practices and high standards in senior living community management and operations

Quality of Life

Advancing resident choice, independence, dignity, and quality care in senior living settings

Industry Leadership

Providing advocacy, research, and professional development resources for senior living sector professionals

Financial Information

Form 990 data showing organizational financial health and growth.

Revenue (2024)

$8.0M

-16.8% vs 2023

Expenses (2024)

$8.0M

-29.6% vs 2023

Assets (2024)

$7.4M

-8.9% vs 2023

Employees (2024)

28

-17.6% vs 2023

Year Revenue Expenses Assets Employees
2024 $8,046,310 $7,973,296 $7,363,435 28
2023 $9,667,228 $11,321,370 $8,082,330 34
2022 $8,036,743 $9,209,262 $10,143,837 42
2020 $8,679,493 $9,935,597 $3,153,013 37
2019 $9,740,378 $9,605,069 $4,201,803 39
2018 $9,431,044 $9,643,213 $3,580,855 37

Source: IRS Form 990 filings. All figures in USD.

How They Work

Learn more
  • 01

    Member Engagement

    Connect with senior living providers and professionals through national conferences and networking

  • 02

    Research & Standards

    Conduct industry research and develop operational excellence standards for member communities

  • 03

    Education & Training

    Deliver educational programs and publications to advance professional knowledge and skills

  • 04

    Advocacy & Impact

    Advocate for policies supporting quality senior living and resident choice and dignity

Programs and Initiatives

Services and programs offered by Argentum

National Conferences

Industry conferences bringing together senior living professionals to share best practices and innovations

Educational Programs

Training and professional development programs promoting business and operational excellence for members

Advocacy & Policy

Legislative advocacy promoting choice, independence, dignity, and quality of life for seniors

Team & Leadership

Meet the people behind Argentum.

JB

James Balda

President/CEO
Full-time
Compensation: $623,480
ME

Margaret Elehwany

Senior Vice President, Public Affairs
Full-time
Compensation: $267,369
RM

Regina Mamone

CFO
Full-time
Compensation: $159,364
DM

Diana Martinez

President/CEO Of Tala
Full-time
Compensation: $146,410
OW

Olivia Wilson

Senior Director Of Human Resources, Finance, And A
Full-time
Compensation: $121,568
RW

Ronald Williams

Senior VP Of Business Operations
Full-time
Compensation: $198,838
CB

Cynthia Bade

VP, Development
Full-time
Compensation: $143,638
SR

Stephanie Robert

VP, Content And Marketing
Full-time
Compensation: $142,679
AA

Ashante Abubakar

VP, Workforce Development
Full-time
Compensation: $139,993
SD

Saara Dillard

Grants Manager
Full-time
Compensation: $117,780
AM

Arick Morton

Ex Officio
1 hrs/week
CG

Collette Gray

Ex Officio
1 hrs/week
CD

Corey Denman

Ex Officio
1 hrs/week
DO

Doug Olson

Ex Officio
1 hrs/week
FF

Francesca Falzarano

Ex Officio
1 hrs/week
JN

Joel Nelson

Immediate Past Chairman
1 hrs/week
JA

John Atkinson

Ex Officio
1 hrs/week
JH

Judd Harper

Chairman
2 hrs/week
KF

Kathy Fiery

Ex Officio
1 hrs/week
MP

Mark Price

Ex Officio
1 hrs/week
SM

Sally Michael

Ex Officio
1 hrs/week
TG

Tana Gall

Vice Chairman
2 hrs/week

Milestones

1991

Organization Founded

1991

Argentum established as national association for professionally operated senior living communities

1992

Tax-Exempt Status Granted

1992

Received IRS tax-exempt recognition as 501(c)(6) trade association

2019

Peak Revenue Year

2019

Reached $9.7 million in revenue with 39 employees serving growing membership

Associated People

Board members, advisors, and key contributors

Board of Directors

AK
Adam Kaplan Board Member 1.00 hrs/week
BB
Brenda Bacon Board Member 1.00 hrs/week
BM
Bryan McCaleb Board Member 1.00 hrs/week
CW
Chad White Board Member 1.00 hrs/week
CT
Charlie Trefzger Board Member 1.00 hrs/week
CC
Chris Cummings Board Member 1.00 hrs/week
CH
Chris Hyatt Public Policy Committee Co-Chair 1.50 hrs/week
DM
Diana Martinez Board Member 1.00 hrs/week
DE
Doris Ellie Sullivan Board Member 1.00 hrs/week
DD
Doug Dollenberg Jr Board Member 1.00 hrs/week
EP
Earl Parker Board Member 1.00 hrs/week
GS
Gary Smith Treasurer 1.50 hrs/week
GG
Guy Geller Board Member 1.00 hrs/week
HB
Holly Belter-Chesser Board Member 1.00 hrs/week
JC
Jack Callison Board Member 1.00 hrs/week
JM
Jay Morgan Board Member 1.00 hrs/week
JE
Joe Eby Board Member 1.00 hrs/week
JO
John Olympitis Board Member 1.00 hrs/week
JG
Jon Glass Board Member 1.00 hrs/week
JS
Justin Skiver Board Member 1.00 hrs/week
KH
Kai Hsiao Board Member 1.00 hrs/week
LL
Laura Landwirth Board Member 1.00 hrs/week
MK
Mercedes Kerr Secretary 1.50 hrs/week
SM
Samira Madhany Board Member 1.00 hrs/week
SH
Sarahbeth Hanson Board Member 1.50 hrs/week
SB
Sebastian Brown Board Member 1.00 hrs/week
SP
Sevy Petras Board Member 1.00 hrs/week
JN
Joel Nelson Immediate Past Chairman
JH
Judd Harper Chairman
TG
Tana Gall Vice Chairman

Information compiled from IRS Form 990 and organizational materials.

Executive Compensation

Top compensated officers & key employees from IRS Form 990

Total Reported (2024)

$2.3M

Highest Paid

$675K

James Balda

Compensated Officers

10

Name Title Base Other Total Hrs/Wk
James Balda President/CEO $623,480 $51,851 $675,331 40
Margaret Elehwany Senior Vice President, Public Affairs $267,369 $42,548 $309,917 40
Ronald Williams Senior VP Of Business Operations $198,838 $35,088 $233,926 40
Regina Mamone CFO $159,364 $21,361 $180,725 40
Diana Martinez President/CEO Of Tala $146,410 $27,532 $173,942 40
Cynthia Bade VP, Development $143,638 $28,360 $171,998 40
Stephanie Robert VP, Content And Marketing $142,679 $15,150 $157,829 40
Olivia Wilson Senior Director Of Human Resources, Finance, And A $121,568 $24,892 $146,460 40
Ashante Abubakar VP, Workforce Development $139,993 $5,774 $145,767 40
Saara Dillard Grants Manager $117,780 $4,516 $122,296 40

Source: IRS Form 990 filings. Compensation includes base and other reported compensation.

Individual Political Donors

People from this organization who contributed to political campaigns

$35K Total Given
Other/PAC $29,175 (83%)
Democratic $4,000 (11%)
Republican $1,850 (5%)
100 Contributions
$350 Avg Each

Top Individual Donors

15 Individual Donors
WH
Walter H. Barandiaran 2 contributions • $5,000 avg
$10,000
DR
Daniel Raynor 2 contributions • $5,000 avg
$10,000
JB
James Balda 31 contributions • $208 avg
$6,448
SR
Scot Rutledge 3 contributions • $667 avg
$2,000
MJ
Mike Jacobellis 2 contributions • $1,000 avg
$2,000

Other Individual Contributors $4,577 combined

#6
KM

Karen Mcquade

Holly Springs, NC

$1,000 Total
1 Contribution
ERIN PARE FOR CONGRESS
#7
TL

Todd Luttenegger

Verona, KY

$850 Total
6 Contributions
WINRED TRUMP NATIONAL COMMITTEE JFC,
#8
AA

Ashante Abubakar

Washington, DC

$649 Total
19 Contributions
ARGENTUM'S SILVER PAC
#9
ET

Ed Tiryakian

Holly Springs, NC

$500 Total
1 Contribution
RED SENATE
#10
MB

Meredith Bonyun

Alexandria, VA

$500 Total
2 Contributions
ARGENTUM'S SILVER PAC
#11
OW

Olivia Wilson

Alexandria, VA

$400 Total
16 Contributions
ARGENTUM'S SILVER PAC
#12
PJ

Paul J. Williams

Melbourne, FL

$250 Total
1 Contribution
ARGENTUM'S SILVER PAC
#13
AA

Ashanta Abubakar

Alexandria, VA

$208 Total
6 Contributions
ARGENTUM'S SILVER PAC
#14
CB

Cynthia Bade

Columbia, VA

$190 Total
5 Contributions
ARGENTUM'S SILVER PAC
#15
CT

Carmen Tilton

Alexandria, VA

$30 Total
3 Contributions
ARGENTUM'S SILVER PAC

Quick Insights

🏆
Most Active Donor James Balda with 31 contributions
💰
Highest Avg per Contribution Walter H. Barandiaran at $5,000 each
🎯
Top Recipient SMALL BUSINESS INVESTOR ALLIANCE... — $20,000

Data from Federal Election Commission • Individual contributions only

COVID-19 EIDL Loans

Economic Injury Disaster Loan Program (2020-2021)

2 loans

Total Borrowed

$650K

Subsidy Cost

$89K

14% of loan

Loan Count

2

Loan Details

$500,000
Subsidy: $68,100
Date Apr 22, 2020
Location Amelia, OH
Borrower Argentum Corporation

TO PROVIDE LOANS TO RESTORE AS NEARLY AS POSSIBLE THE VICTIMS OF ECONOMIC INJURY TYPE DISASTERS TO PRE-DISASTER CONDITIONS

$150,000
Subsidy: $20,430
Date Jun 16, 2020
Location Alexandria, VA
Borrower Argentum

TO PROVIDE LOANS TO RESTORE AS NEARLY AS POSSIBLE THE VICTIMS OF ECONOMIC INJURY TYPE DISASTERS TO PRE-DISASTER CONDITIONS

Source: Small Business Administration • Economic Injury Disaster Loan Program (2020-2021)

Related Organizations

3 affiliated entities reported on IRS Form 990 Schedule R

3

Tax-Exempt Affiliates

3
Argentum Silver Pac
Alexandria, VA
Political Organization
501(c) 527
Argentum New York Pac
Albany, NY
Political Organization
501(c) 527
Argentum Foundation
Alexandria, VA
Research, Education, Community Engagement
501(c) 501(C)(3)

Source: IRS Form 990, Schedule R (Related Organizations and Unrelated Partnerships)

Lobbying Activity

Lobbying Disclosure Act registrations

Self-Lobbying
5 Registrations
1 Client
Yes Self-Lobbying

Clients 1 total

Argentum
5 filings
Self

Source: Senate Office of Public Records — Lobbying Disclosure Act

Contact

Get in touch with Argentum

Phone

(571) 527-2621

Social

Visit Website
2000 Duke Street 309 Alexandria, VA 22314