CENTER FOR SENIORS

EIN: 363844018 501(c)(3) Human Services

Wheeling, IL

Total Revenue
$7,031,940
Total Expenses
$4,103,772
Total Assets
$32,425,386
Net Assets
$32,322,486
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IL
Principal Officer
YOUNG C HA
Phone
7734781245
Tax Period
2024-07-01 to 2025-06-30

CENTER FOR SENIORS, founded in 1992, is a community nonprofit in the Human Services sector that reported $7.0M in total revenue in fiscal year 2024. The organization ran a surplus of $2.9M, a strong 42% operating margin.

Mission

ADULT DAY CARE SERVICE TO ELDERLY PERSONS INCLUDING FOOD, HEALTH CARE, TRANSPORTATION, COUNSELING ACTIVITIES AND BILINGUAL ASSISTANCE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,182,055
Program Service Revenue $0
Investment Income $638,057
Other Revenue $211,828
TOTAL REVENUE $7,031,940

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,390,895
Fundraising Expenses $0
Program Expenses $3,410,974
Other Expenses $1,712,877
TOTAL EXPENSES $4,103,772

Year-over-Year Comparison

2024 2023 Change
Revenue $7,031,940 $6,946,739 +0.0%
Expenses $4,103,772 $3,832,129 +0.1%
Net Income $2,928,168 $3,114,610 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
76
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$24,000
Total Directors
2
$0
Key Employees
1
$24,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAE KWAN HA CHAIRMAN 010.00
Officer Key Emp
$24,000 $0 $24,000
CHUNG EUN KIM DIRECTOR 001.00
Director
$0 $0 $0
JAI NOH DIRECTOR 001.00
Director
$0 $0 $0
CHUNG C KIM TREASURER 003.00
Officer
$0 $0 $0
KENNETH KIM SECRETARY 003.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $7,031,940 $4,103,772 $32,425,386 $2,928,168
2024 $6,946,739 $3,832,129 $29,446,896 $3,114,610
2023 $6,265,716 $3,204,939 $26,332,286 $3,060,777
2022 $6,845,774 $2,922,089 $23,272,427 $3,923,685
2021 $3,791,304 $2,541,750 $19,351,152 $1,249,554
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