AARP
What Is AARP?
The American Association of Retired Persons, commonly known by its acronym AARP, is America's leading organization for people aged fifty and older, providing member benefits, marketing services, and lobbying on their behalf.
KEY TAKEAWAYS
- AARP is a nonprofit, nonpartisan organization that empowers retired people to choose how they live as they age.
- AARP offers membership benefits ranging from discounts, healthcare options, insurance products, travel-related services, education, and learning resources.
- AARP has grown to be a powerful organization, with over 38 million active members and a strong lobbying presence in Washington and state capitals
How AARP Works
AARP provides information, education, research, advocacy, and community services through a nationwide network of local chapters and experienced volunteers. It focuses its work on consumer issues, economic security, work, health, and independent living issues, and engages in legislative, judicial, and consumer advocacy in these areas.
AARP is considered 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 the monthly AARP Bulletin. AARP produced $1.70 billion in revenue in 2019, which came from a variety of endeavors, including advertising revenue from its publications, and from royalties for licensing its name and logo.
However, membership fees represent the most significant source of revenue. It is registered as a 501(c)(4) non-profit by the Internal Revenue Service (IRS), which means it is permitted to engage in lobbying. It also administers some 501(c)(3) public charity operations while some of its other operations are for-profit.