Forks Senior Center
- Assets
- $150.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albion, MI
- Founding
- 02/2006
- Data as of
- 12/2022
- EIN
- 20-3483767
Organization Overview
Forks Senior Center is located in Albion, MI. The organization was established in 2006. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forks Senior Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Forks Senior Center generated $129.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $109.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FORKS SENIOR CENTER IS ORGANIZED TO ENCOURAGE GROWTH AND DEVELOPMENT OF A MULTI-PURPOSE SENIOR CENTER, DEVELOP, IMPLEMENT, AND PROVIDE SERVICES AND PROGRAMS FOR SENIOR CITIZENS TO BE CONDUCTED WITHIN THE GREATER ALBION, MICHIGAN AREA AND ADMINISTER, CONDUCT, AND PROVIDE SERVICES, ACTIVITIES, PROGRAMS, AND FINANCING FOR THE ABOVE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Maynard President | 0.5 | $0 | |
Edward Visco Vice Preside | 0.5 | $0 | |
Kelly Rice Treasurer | 0.5 | $0 | |
Ann Lake Secretary | 0.5 | $0 | |
Luann Sommers Executive Di | 20 | $0 | |
Robert Armstrong Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,737 |
| Total Program Service Revenue | $8,022 |
| Membership dues | $12,261 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $129,032 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,501 |
| Professional fees and other payments to independent contractors | $21,338 |
| Occupancy, rent, utilities, and maintenance | $38,513 |
| Printing, publications, postage, and shipping | $1,293 |
| Other expenses | $13,858 |
| Total expenses | $109,503 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,268 |
| Other assets | $0 |
| Total assets | $150,638 |
| Total liabilities | $674 |
| Net assets or fund balances | $149,964 |