SENIOR SERVICES INC

EIN: 381747660 501(c)(3)

KALAMAZOO, MI

Total Revenue
$19,758,356
Total Expenses
$19,173,641
Total Assets
$13,897,311
Net Assets
$12,126,759
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
MI
Principal Officer
ANITA GRIVINS
Phone
2693820515
Tax Period
2023-10-01 to 2024-09-30

SENIOR SERVICES INC, founded in 1963, is a mid-sized nonprofit that reported $19.8M in total revenue in fiscal year 2023.

Mission

THE MISSION OF SENIOR SERVICES, INC., IS TO PROMOTE THE WELL-BEING OF ALL ELDERS, WITH SPECIAL COMMITMENTS TO THOSE WHO ARE MOST VULNERABLE. MILESTONE SENIOR SERVICES WILL PROVIDE LEADERSHIP IN THE DELIVERY, PROMOTION, AND COORDINATION OF COMMUNITY AND SOCIAL SERVICES. THE AGENCY WILL ACTIVELY ADVOCATE ON BEHALF OF ITS CLIENTS AND THE OLDER ADULT POPULATION. SENIOR SERVICES WILL WORK IN COLLABORATION WITH FAMILIES AND ORGANIZATIONS SHARING INTEREST IN ELDERS. ALL ACTIVITIES OF SENIOR SERVICES WILL REFLECT CONCERN FOR THE DIGNITY OF THE INDIVIDUAL AND WILL BE CONDUCTED IN A CARING, COMPASSIONATE WAY, DEMONSTRATING THE HIGHEST STANDARDS OF PROFESSIONAL EXCELLENCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,847,264
Program Service Revenue $14,814,892
Investment Income $31,676
Other Revenue $64,524
TOTAL REVENUE $19,758,356

Expense Breakdown

Grants Paid $5,111
Salaries & Benefits $7,523,708
Fundraising Expenses $294,997
Program Expenses $17,906,873
Other Expenses $11,644,822
TOTAL EXPENSES $19,173,641

Year-over-Year Comparison

2023 2022 Change
Revenue $19,758,356 $18,821,563 +0.0%
Expenses $19,173,641 $17,765,840 +0.1%
Net Income $584,715 $1,055,723 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
15
Independent Members
15
Employees
196
Volunteers
330

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
6
$584,140
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARRIE NICHOLSON CHAIRPERSON 2.00
Officer Director
$0 $0 $0
MINDY ALLWARDT VICE CHAIR 2.00
Officer Director
$0 $0 $0
NICHOLE ASHER SECRETARY 2.00
Officer Director
$0 $0 $0
NADINA WILLIAMS-BARRETT BOARD MEMBER 2.00
Director
$0 $0 $0
DOROTHEA HOLLOWAY BOARD MEMBER 2.00
Director
$0 $0 $0
LISA ANSPAUGH BOARD MEMBER 2.00
Director
$0 $0 $0
BETSY LOEKS BOARD MEMBER 2.00
Director
$0 $0 $0
WENDY LAWRENCE BOARD MEMBER 2.00
Director
$0 $0 $0
KARA HOORN BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN SCHUEMANN BOARD MEMBER 2.00
Director
$0 $0 $0
GARY STAFFORD BOARD MEMBER 2.00
Director
$0 $0 $0
KARLISSIA MUNN CONSUMER REPRESENTATIVE 2.00
Director
$0 $0 $0
WILLIE MAE BELL CONSUMER REPRESENTATIVE 2.00
Director
$0 $0 $0
DENISE KING PATERNING AGENCY REPRESENT 2.00
Director
$0 $0 $0
DOREEN GARDNER BOARD MEMBER 2.00
Director
$0 $0 $0
RICHARD KLINE CHIEF EXECUTIVE OFFICER 40.00
Officer
$194,980 $26,652 $221,632
ANITA GRIVINS CHIEF FINANCIAL OFFICER 40.00
Officer
$167,762 $27,561 $195,323
CORINNE BRADLEY CHIEF OPERATIONS OFFICER 40.00
Officer
$160,549 $6,636 $167,185
RUBEN OSORIO-SANDERS DIRECTOR OF SUPPORT SERVICES 40.00
Highest
$107,766 $21,797 $129,563
CASSANDRA STEWART DIRECTOR OF FUND DEVELOPMENT 40.00
Highest
$101,423 $10,457 $111,880
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
2024 $19,758,356 $19,173,641 $13,897,311 $584,715
2023 $18,821,563 $17,765,840 $11,911,451 $1,055,723
2022 $16,844,404 $16,522,458 $9,897,246 $321,946
2021 $16,068,018 $15,199,887 $10,618,830 $868,131
2020 $15,596,796 $15,743,006 $8,933,065 $-146,210
2019 $13,763,236 $14,536,388 $8,430,322 $-773,152
2018 $13,747,805 $13,829,974 $8,722,964 $-82,169
2017 $12,850,818 $13,833,401 $8,505,689 $-982,583
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