SHIAWASSEE COUNCIL ON AGING INC

EIN: 382052027 501(c)(3)

OWOSSO, MI

Total Revenue
$2,248,474
Total Expenses
$1,924,796
Total Assets
$2,334,599
Net Assets
$2,046,411
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
MI
Principal Officer
CYNTHIA MAYHEW
Phone
9897238875
Tax Period
2024-01-01 to 2024-12-31

SHIAWASSEE COUNCIL ON AGING INC, founded in 1972, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.9M left a modest 14% surplus.

Mission

TO PROVIDE ADVOCACY, SERVICES AND SUPPORT FOR ALL SENIORS IN SHIAWASSEE COUNTY TO ENABLE THEM TO LIVE INDEPENDENTLY IN THEIR HOMES WITH DIGNITY.

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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 $798,694
Program Service Revenue $36,994
Investment Income $18,621
Other Revenue $1,394,165
TOTAL REVENUE $2,248,474

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,010,538
Fundraising Expenses $32,040
Program Expenses $1,575,164
Other Expenses $914,258
TOTAL EXPENSES $1,924,796

Year-over-Year Comparison

2024 2023 Change
Revenue $2,248,474 $1,981,891 +0.1%
Expenses $1,924,796 $1,823,462 +0.1%
Net Income $323,678 $158,429 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
44
Volunteers
23

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
$99,912
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CYNTHIA MAYHEW EXECUTIVE DI 40.00
Officer
$85,573 $14,339 $99,912
BARBARA BAKER-OMEROD CHAIR 3.00
Officer Director
$0 $0 $0
KENNETH THEMM VICE CHAIR 3.00
Officer Director
$0 $0 $0
MARLENE WEBSTER SECRETARY 3.00
Officer Director
$0 $0 $0
CONNIE CRIST TREASURER 3.00
Officer Director
$0 $0 $0
JEAN MCKENNA DIRECTOR 0.50
Director
$0 $0 $0
TOM MUNDY DIRECTOR 0.50
Director
$0 $0 $0
GARY HOLZHAUSEN DIRECTOR 0.50
Director
$0 $0 $0
NANCY PETERSON DIRECTOR 0.50
Director
$0 $0 $0
JAMES SHAW DIRECTOR 0.50
Director
$0 $0 $0
MARK FULKS DIRECTOR 0.50
Director
$0 $0 $0
KAREN DICARLO DIRECTOR 0.50
Director
$0 $0 $0
LISA DEDDEN COOPER DIRECTOR 0.50
Officer Director
$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
2024 $2,248,474 $1,924,796 $2,334,599 $323,678
2023 $1,981,891 $1,823,462 $2,017,966 $158,429
2022 $1,802,988 $1,728,044 $1,860,055 $74,944
2021 $1,909,562 $1,497,614 $1,837,221 $411,948
2020 $1,749,728 $1,456,742 $1,500,999 $292,986
2019 $1,533,735 $1,416,372 $1,122,618 $117,363
2018 $1,412,013 $1,328,833 $992,836 $83,180
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