What is AARP
The AARP is the leading US organization for people 50 years of age and older, providing member benefits, marketing services and lobbying on their behalf. Founded in 1958 by retired educator Dr. Ethel Percy Andrus as the American Association of Retired Persons, AARP is a non-profit, non-partisan association with more than 40 million members. It provides information, education, research, advocacy and community services through a national network of locals and experienced volunteers. He focuses his work on consumer issues, economic security, work, health and independent living, and engages in the defense of laws, justice and consumers in these areas.
How AARP works
The AARP is seen as a powerful lobbying group as well as a successful business selling life and health insurance, investment products and other financial and non-financial services. It is also an independent publisher, offering Modern maturity magazine and monthly AARP Bulletin. The AARP generated $ 1.65 billion in revenue in 2020, which came from a variety of initiatives, including advertising revenue from its publications and license fees for its name and logo. However, membership fees are the most important source of income. It is registered as a 501 (c) (4) nonprofit by the Internal Revenue Service (IRS), which means it is licensed to engage in lobbying activities. It also manages some 501 (c) (3) public charitable operations while some of its other operations are for-profit.
There are several organizations affiliated with AARP, including:
- AARP Foundation: a non-profit charity that helps people over 50 who may be at economic and social risk. Within the foundation, operates AARP Experience Corps., Which encourages tutoring and mentoring of children, and AARP Institute, which holds its donation annuity funds.
- AARP Services: develops and manages new products and services; is for profit.
- Legal Counsel for the Elderly: A non-profit organization that provides legal services to the elderly in Washington, D.C.
- AARP Financial Services: holds AARP real estate; for profit.
- AARP Insurance Plan: administers certain AARP group insurance plans.
The AARP also has many other initiatives, including the promotion of driver safety (AARP Diver Safety), the production of television programs that target the elderly, and sponsorship that supports social causes, such as awareness and fight hunger in America. AARP runs awareness programs that address housing issues and the social isolation of the elderly. The AARP has also launched and managed programs that advocate for strengthening social security and health insurance.
The AARP is one of the most powerful lobby groups in America and, because of its efforts, it often receives attention for having exercised its influence in Washington, D.C., and in state capitals. Its not-for-profit activities also receive millions of dollars a year in federal grants. Some argue that his positions belong to the most liberal part of the political spectrum.