Salem Area Seniors Inc
- Assets
- $708.3k
- Revenue
- $104.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Keizer, OR
- Founding
- 12/1969
- Data as of
- 06/2023
- EIN
- 93-6043858
Organization Overview
Salem Area Seniors Inc is located in Keizer, OR. The organization was established in 1969. 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. Salem Area Seniors 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 06/2023, Salem Area Seniors Inc generated $104.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $148.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 8 years. 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
THE ORGANIZATION PROVIDES PROGRAMS AND ACTIVITIES FOR SENIOR CITIZENS IN THE SALEM AREA TO MEET THEIR EDUCATIONAL, SOCIAL AND CULTURAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SENIOR BREAKFAST AND LUNCH PROGRAMS PROVIDING NUTRITIOUS MEALS, THEREBY BENEFITTING THEIR HEALTH; SOCIAL ACTIVITIES FOR HEALTH, WELLNESS AND SOCIAL INTERACTION; MONTHLY NEWSLETTER EDUCATING SALEM AREA SENIOR CITIZENS ON HEALTH, FORTHCOMING SOCIAL ACTIVITIES, AND OTHER ISSUES RELEVANT TO THEIR NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Ziebart Director | Trustee | 2 | $0 |
Karyl Allen Past President | OfficerTrustee | 35 | $0 |
Barbara Powell 2nd Vice Presid | OfficerTrustee | 35 | $0 |
Dianne Palmrose Secretary | OfficerTrustee | 2 | $0 |
Linda Shippey Treasurer | OfficerTrustee | 12 | $0 |
John Wilson Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,050 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,514 |
| Noncash contributions included in lines 1a–1f | $2,059 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,564 |
| Total Program Service Revenue | $64,405 |
| Investment income | $3,514 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,909 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,405 |
| Net Income from Gaming Activities | $1,128 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $104,925 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $280 |
| Fees for services: Accounting | $975 |
| 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 | $4,556 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,078 |
| 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 | $36,474 |
| Insurance | $6,133 |
| All other expenses | $252 |
| Total functional expenses | $148,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,053 |
| Savings and temporary cash investments | $147,604 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $816 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,981 |
| Prepaid expenses and deferred charges | $908 |
| Net Land, buildings, and equipment | $472,350 |
| Investments—publicly traded securities | $68,108 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,477 |
| Total assets | $708,297 |
| Accounts payable and accrued expenses | $6,773 |
| Grants payable | $0 |
| Deferred revenue | $2,497 |
| 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 | $0 |
| Total liabilities | $9,270 |
| Net assets without donor restrictions | $696,471 |
| Net assets with donor restrictions | $2,556 |
| 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 | $708,297 |