Story City Senior Citizens Incorporated is located in Story City, IA. The organization was established in 1974. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 06/2023, Story City Senior Citizens Incorporated employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Story City Senior Citizens Incorporated 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 06/2023, Story City Senior Citizens Incorporated generated $363.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $382.6k during the year ending 06/2023. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE VOLUNTEER OPPORTUNITIES AND EDUCATIONAL PROGRAMS FOR SENIOR CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOLUNTEER MANAGEMENT - PROVIDE VOLUNTEER OPPORTUNITIES FOR PEOPLE AGES 55 AND BETTER
SENIOR CENTER - MANAGE A MEETING PLACE AND PROVIDE MEAL AND EDUCATIONAL PROGRAMMING TO SENIOR CITIZENS OF STORY CITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kalen Petersen Executive Dir. | Officer | 45 | $67,645 |
Tim Kadolph Director | Trustee | 1 | $0 |
Sue Uthe Secretary | OfficerTrustee | 1 | $0 |
Renae Kadolph Treasurer | OfficerTrustee | 1 | $0 |
Lisa Mcllrath Director | Trustee | 1 | $0 |
Kevin Holm Vice President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $293,548 |
All other contributions, gifts, grants, and similar amounts not included above | $49,730 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $343,278 |
Total Program Service Revenue | $7,399 |
Investment income | $7,988 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $4,700 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $363,365 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $69,685 |
Compensation of current officers, directors, key employees. | $34,842 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $169,516 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,181 |
Payroll taxes | $20,390 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $8,944 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $21,902 |
Travel | $9,012 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,354 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,873 |
Insurance | $2,829 |
All other expenses | $6,040 |
Total functional expenses | $382,617 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $73,413 |
Savings and temporary cash investments | $227,761 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $9,297 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $4,294 |
Investments—publicly traded securities | $27,340 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $342,105 |
Accounts payable and accrued expenses | $5,698 |
Grants payable | $0 |
Deferred revenue | $925 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $9,389 |
Total liabilities | $16,012 |
Net assets without donor restrictions | $298,753 |
Net assets with donor restrictions | $27,340 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $342,105 |