Buchanan Area Senior Center
- Assets
- $1.7m
- Revenue
- $425.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Buchanan, MI
- Founding
- 02/2003
- Data as of
- 09/2022
- EIN
- 73-1658966
Organization Overview
Buchanan Area Senior Center is located in Buchanan, MI. The organization was established in 2003. According to its NTEE Classification (T40) the organization is classified as: Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2022, Buchanan Area Senior Center employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buchanan Area 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 09/2022, Buchanan Area Senior Center generated $425.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $432.5k during the year ending 09/2022. While expenses have increased by 5.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE PHYSICAL, SOCIAL, AND MENTAL WELL-BEING TO SENIOR CITIZENS IN THE LOCAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SOCIAL, EDUCATIONAL, AND RECREATIONAL SERVICES, ALONG WITH A COMMUNITY FOR INVOLVEMENT TO CITIZENS IN THE COMMUNITY OF BUCHANAN, MICHIGAN AND ITS SURROUNDING AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alma Jeanne Harris President | OfficerTrustee | 1 | $0 |
Jess Minks Vice Preside | OfficerTrustee | 1 | $0 |
Terri Sisk Treasurer | OfficerTrustee | 1 | $0 |
Sabine Wheetley Secretary | OfficerTrustee | 1 | $0 |
Josetta Bibbs Director | Trustee | 1 | $0 |
Deborah Hendrix Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $366,010 |
| All other contributions, gifts, grants, and similar amounts not included above | $52,743 |
| Noncash contributions included in lines 1a–1f | $4,088 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $418,753 |
| Total Program Service Revenue | $5,245 |
| Investment income | $1,177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $425,175 |
| 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 | $179,530 |
| Pension plan accruals and contributions | $23,876 |
| Other employee benefits | $25,289 |
| Payroll taxes | $15,344 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,770 |
| Fees for services: Accounting | $15,921 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,523 |
| Advertising and promotion | $2,028 |
| Office expenses | $5,753 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $380 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $525 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,592 |
| Insurance | $7,389 |
| All other expenses | $12,774 |
| Total functional expenses | $432,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $639,682 |
| Savings and temporary cash investments | $51,370 |
| Pledges and grants receivable | $1,214 |
| Accounts receivable, net | $0 |
| 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 | $2,476 |
| Net Land, buildings, and equipment | $1,025,494 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,949 |
| Total assets | $1,741,185 |
| Accounts payable and accrued expenses | $85,808 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $115,635 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $201,443 |
| Net assets without donor restrictions | $1,518,793 |
| Net assets with donor restrictions | $20,949 |
| 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 | $1,741,185 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Buchanan Area Senior Center has recieved totaling $14,000.
| Awarding Organization | Amount |
|---|---|
Michigan Gateway Comm Foundation Buchanan, MI PURPOSE: LAPTOP LIBRARY | $14,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Samaritan Network Of Hamiltoncounty Inc Fishers, IN | $445,211 | $15,420,149 |
Eras Senior Network Inc Waukesha, WI | $1,378,460 | $2,158,929 |
Rsvp Of Dane County Inc Madison, WI | $2,100,515 | $1,240,313 |
Greater Cleveland Volunteers Cleveland, OH | $1,717,537 | $987,055 |
Retired & Senior Volunteer Program Of Ingham Eaton & Clinton Co Lansing, MI | $472,737 | $883,135 |
Volunteer Center Of Washington County Inc West Bend, WI | $1,519,343 | $655,030 |
Buchanan Area Senior Center Buchanan, MI | $1,741,185 | $425,175 |
Rsvp Of Allen County Inc Fort Wayne, IN | $286,337 | $493,463 |
Retired Senior Volunteer Program Of Rock County Inc Beloit, WI | $176,179 | $319,397 |
Volunteer Center Inc Green Bay, WI | $288,532 | $266,888 |
Mission Indy Inc Indianapolis, IN | $62,864 | $0 |
Retired Senior Volunteer Program Of Daviess County Indiana Inc Washington, IN | $177,203 | $0 |