Milford Senior Center Inc
- Assets
- $1.6m
- Revenue
- $633.2k
- Investments
- $0.0
- Employees
- 25
- Location
- Milford, DE
- Founding
- 04/1974
- Data as of
- 06/2022
- EIN
- 51-0118817
Organization Overview
Milford Senior Center Inc is located in Milford, DE. 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 06/2022, Milford Senior Center Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milford Senior Center Inc 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 06/2022, Milford Senior Center Inc generated $633.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $649.3k during the year ending 06/2022. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSISTANCE TO SENIOR CITIZENS
Describe the Organization's Program Activity:
ASSISTANCE TO SENIOR CITIZENS IN THE GREATER MILFORD AREA BY PROVIDING SOCIAL AND RECREATION SEVICES INCLUDED TRANSPORTATION AND MEALS TO HUNDREDS OF THE ELDERLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Hammond President | OfficerTrustee | 10 | $0 |
William Vendetti Vice Preside | OfficerTrustee | 10 | $0 |
Mark Nehra Treasurer | OfficerTrustee | 10 | $0 |
Denise Curtis Secretary | OfficerTrustee | 10 | $0 |
Esther Miller Board Member | Trustee | 5 | $0 |
Kenny Brown Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $19,336 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $337,885 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,777 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $410,998 |
| Total Program Service Revenue | $89,954 |
| Investment income | $4,709 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $58,484 |
| 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 | $633,154 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $188,911 |
| Pension plan accruals and contributions | $9,043 |
| Other employee benefits | $0 |
| Payroll taxes | $13,642 |
| Fees for services: Management | $6,604 |
| Fees for services: Legal | $220 |
| Fees for services: Accounting | $6,468 |
| 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 | $8,307 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $85,128 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62,376 |
| Insurance | $18,484 |
| All other expenses | $41,127 |
| Total functional expenses | $649,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,611 |
| Savings and temporary cash investments | $690,984 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,665 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,017 |
| Prepaid expenses and deferred charges | $13,376 |
| Net Land, buildings, and equipment | $845,263 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,603,916 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $104,972 |
| 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 | $41,449 |
| Total liabilities | $146,421 |
| Net assets without donor restrictions | $1,352,523 |
| Net assets with donor restrictions | $104,972 |
| 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 | $1,603,916 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Milford Senior Center Inc has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
Palmer Home Inc Dover, DE PURPOSE: BENEFIT ELDERLY | $10,000 |
Mid-Del Charitable Foundation Harrington, DE PURPOSE: FOOD SERVICE PROGRAM | $1,000 |
Milford Lions Club Service Foundation Inc Milford, DE | | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Philadelphia Corporation For Aging Philadelphia, PA | $34,478,381 | $88,420,112 |
Living Independence For The Elderly Pittsburgh Inc Pittsburgh, PA | $45,005,656 | $55,592,400 |
Center For Workforce Inclusion Inc Silver Spring, MD | $19,940,028 | $57,138,753 |
National Investment Center For Seniors Housing & Care Inc Annapolis, MD | $55,654,799 | $19,355,581 |
Southwestern Pennsylvania Area Charleroi, PA | $3,794,920 | $18,303,240 |
Blair Senior Services Inc Altoona, PA | $9,557,910 | $10,335,546 |
Cheer Inc Georgetown, DE | $13,939,412 | $9,138,607 |
Modern Maturity Center Inc Dover, DE | $11,944,802 | $7,663,411 |
Mac Incorporated Salisbury, MD | $10,678,117 | $7,288,274 |
Area Agency On Aging For The Counties Of Brad Sull Susq And Tio Towanda, PA | $2,044,253 | $6,580,429 |
Senior Citizens United Community Services Of Camden County Inc Audubon, NJ | $5,026,909 | $6,535,637 |
Hhh Senior Specialist Greensburg, PA | $1,641,210 | $5,675,023 |