Mt Si Senior Center
- Assets
- $9.7m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 49
- Location
- North Bend, WA
- Founding
- 01/1978
- Data as of
- 06/2024
- EIN
- 91-1009419
Organization Overview
Mt Si Senior Center is located in North Bend, WA. The organization was established in 1978. 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 06/2024, Mt Si Senior Center employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Si 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 06/2024, Mt Si Senior Center generated $3.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $3.9m during the year ending 06/2024. While expenses have increased by 8.7% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
MT. SI SENIOR CENTER (A WASHINGTON STATE NONPROFIT CORPORATION), INCLUDING THE ACTIVITIES OF SNOQUALMIE VALLEY TRANSPORTATION AND CASCADE PARK APARTMENTS, AS WELL AS ITS WHOLLY OWNED SUBSIDIARY, SNO RIDGE APARTMENTS, LLC (A LIMITED LIABILITY COMPANY), COLLECTIVELY "THE ORGANIZATION", IS ORGANIZED TO EMPOWER AND SUPPORT COMMUNITY MEMBERS IN THE SNOQUALMIEVALLEY THROUGH HOLISTIC SERVICES, INCLUDING WELLNESS PROGRAMS, LIFELONG LEARNING, SOCIAL CONNECTION, SNOQUALMIE VALLEY TRANSPORTATION, SENIOR HOUSING, AND SENIOR ADVOCACY, COLLABORATING WITH PARTNERS TO ENSURE THAT EVERYONE CAN THRIVE AS THEY AGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SNOQUALMIE VALLEY TRANSPORTATION PROVIDES LOCAL TRANSPORTATION OPTIONS INCLUDING RIDES FOR SENIORS, INDIVIDUALS WITH DISABILITIES, AT-RISK YOUTH, PEOPLE LIVING ON LOW OR FIXED INCOES AND THE GENERAL PUBLIC IN AND BETWEEN THE CITIES AND RURAL AREAS INCLUDING NORTH BEND, SNOQUALMIE, FALL CITY, PRESTON, CARNATION, DUVALL, AND MONROE. THE SERVICES OFFERED INCLUDE DEMAND RESPONSE, CIRCULATOR AND FIXED ROUTES.
THE ORGANIZATION OPERATES A 28-UNIT APARTMENT COMPLEX, KNOWN AS CASCADE PARKAPARTMENTS, IN NORTH BEND, WASHINGTON. CASCADE PARK APARTMENTS IS REGULATED BY THE UNITED STATES DEPARTMENT OF AGRICULTURE, RURAL DEVELOPMENT (USDA-RD) WHICH HAS RESTRICTIONS ON ELIGIBLE TENANTS, RENT CHARGES AND OPERATING METHODS. THE ORGANIZATION RECEIVES RENTAL SUBSIDY AND AN INTEREST CREDIT AS PART OF ITS AGREEMENTS WITH USDA-RD. SNO RIDGE APARTMENTS LLC OWNS AND OPERATES A 40-UNIT APARTMENT COMPLEX, KNOWN AS SNO RIDGE APARTMENTS, IN NORTH BEND, WASHINGTON. SNO RIDGE APARTMENTS IS REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WHICH HASRESTRICTIONS ON ELIGIBLE TENANTS, RENT CHARGES AND OPERATING METHODS. THE ORGANIZATION RECEIVES RENTAL SUBSIDY AS PART OF ITS AGREEMENTS WITH HUD.
THE ORGANIZATION OPERATES A SENIOR CENTER LOCATED IN NORTH BEND, WASHINGTON. THE CENTER PROVIDES PROGRAMS AND SERVICES TO ADULTS AGE 50 AND OLDER. DAILY OFFERINGS INCLUDE LUNCH, FITNESS CLASES, HEALTH SCREENINGS, WELLNESS PROGRAMS, RESOURCE NAVIGTION, VOLUNTEER OPPORTUNITIES, RECREATIONAL PROGRAMS AND SOCIAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Barrett President | OfficerTrustee | 2 | $0 |
Rudolph Edwards Member | Trustee | 1 | $0 |
Paul Antoine Briet Secretary | OfficerTrustee | 2 | $0 |
Linda Reid Member | Trustee | 1 | $0 |
Cynthia Synder Member | Trustee | 1 | $0 |
Kenneth Hearing Vice President/treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $133,385 |
| Related organizations | $0 |
| Government grants | $3,324,301 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,055 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,553,741 |
| Total Program Service Revenue | $412,669 |
| Investment income | $2,928 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$64,648 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,904,690 |
| 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 | $1,750,456 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $318,622 |
| Payroll taxes | $166,404 |
| Fees for services: Management | $62,577 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $112,140 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,236 |
| Advertising and promotion | $42,943 |
| Office expenses | $142,641 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $181,852 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $125,629 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $178,962 |
| Insurance | $104,108 |
| All other expenses | $100,471 |
| Total functional expenses | $3,874,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $902,532 |
| Savings and temporary cash investments | $1,403,678 |
| Pledges and grants receivable | $664,629 |
| 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 | $111,526 |
| Net Land, buildings, and equipment | $6,496,501 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $137,700 |
| Total assets | $9,716,566 |
| Accounts payable and accrued expenses | $223,420 |
| Grants payable | $0 |
| Deferred revenue | $69,392 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $33,918 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $6,779,071 |
| Unsecured mortgages and notes payable | $302,332 |
| Other liabilities | $140,580 |
| Total liabilities | $7,548,713 |
| Net assets without donor restrictions | $2,143,353 |
| Net assets with donor restrictions | $24,500 |
| 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 | $9,716,566 |