SERVICES FOR OLDER CITIZENS INC DB… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

RICHARD LUEDERS

Phone

3138829600

Tax Period

2024-10-01 to 2025-09-30

SERVICES FOR OLDER CITIZENS INC DBA THE HELM AT THE BOLL LIFE CENTER, founded in 1978, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 12% surplus.

Mission

TO SUPPORT OLDER ADULTS IN THE GROSSE POINTES AND HARPER WOODS THROUGH PROGRAMS, SERVICES AND COMMUNITY RESOURCES.

Program Service Accomplishments

Program 1

Expenses: $1,407,741 Revenue: $354,995

TO PROVIDE PROGRAMS, SERVICES AND RESOURCES THAT SUPPORT HEALTHY AGING, INDEPENDENCE AND QUALITY OF LIFE FOR OLDER ADULTS IN THE GROSSE POINTES AND HARPER WOODS, INCLUDING TRANSPORTATION ASSISTANCE, WELLNESS AND EDUCATIONAL PROGRAMS, SOCIAL AND RECREATIONAL ACTIVITIES, MEALS PROGRAMS, INFORMATION AND REFERRAL SERVICES, CARE MANAGEMENT AND OTHER SUPPORTIVE SERVICES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,553,311

Program Service Revenue $354,995

Investment Income $37,003

Other Revenue $38,306

TOTAL REVENUE $1,983,615

Expense Breakdown

Grants Paid $0

Salaries & Benefits $972,897

Fundraising Expenses $208,181

Program Expenses $1,407,741

Other Expenses $773,411

TOTAL EXPENSES $1,746,308

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,983,615	$1,488,132	+0.3%
Expenses	$1,746,308	$1,410,374	+0.2%
Net Income	$237,307	$77,758	+2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

350

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

Total Directors

Key Employees

$152,054

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYL WESEN MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
CAROL KLENOW	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD WIDGREN	TREASURER	1.00	Officer Director	$0	$0	$0
MICHELE KEMLER	SECRETARY	1.00	Officer Director	$0	$0	$0
DANIEL MEGLER	TRUSTEE	1.00	Director	$0	$0	$0
DAVE ZMYSLOWSKI	TRUSTEE	1.00	Director	$0	$0	$0
DAVID DEBRUNNER	TRUSTEE	1.00	Director	$0	$0	$0
DOUG BLATT	TRUSTEE	1.00	Director	$0	$0	$0
FRED MINTURN	TRUSTEE	1.00	Director	$0	$0	$0
GARY MAROWSKE	TRUSTEE	1.00	Director	$0	$0	$0
JAMIE RAE TURNBULL	TRUSTEE	1.00	Director	$0	$0	$0
JANA BROWNELL	TRUSTEE	1.00	Director	$0	$0	$0
JEFFREY VAUGHN	TRUSTEE	1.00	Director	$0	$0	$0
JODI RAPPE	TRUSTEE	1.00	Director	$0	$0	$0
JT MESTDAGH	TRUSTEE	1.00	Director	$0	$0	$0
JUDITH DIEBOLT	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN GRADY MD	TRUSTEE	1.00	Director	$0	$0	$0
LISA GANDELOT	TRUSTEE	1.00	Director	$0	$0	$0
LISA VALLEE-SMITH	TRUSTEE	1.00	Director	$0	$0	$0
MICHELLE JACKSON	TRUSTEE	1.00	Director	$0	$0	$0
PAMELA STANTON	TRUSTEE	1.00	Director	$0	$0	$0
PRUDENCE COLE-KLIMISCH	TRUSTEE	1.00	Director	$0	$0	$0
RANDALL TALLERICO	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD LUEDERS	TRUSTEE	1.00	Director	$0	$0	$0
KRISTA SIDDALL	EXECUTIVE DIRECTOR	40.00	Key Emp	$152,054	$0	$152,054

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	$1,983,615	$1,746,308	$4,192,177	$237,307
2024	$1,488,132	$1,410,374	$3,813,897	$77,758
2023	$1,153,215	$1,275,258	$3,527,697	$-122,043
2022	$1,581,301	$1,132,933	$3,627,962	$448,368
2021	$1,313,487	$1,002,488	$3,218,780	$310,999
2020	$962,571	$943,383	$2,941,471	$19,188
2019	$1,059,205	$1,110,330	$2,780,097	$-51,125
2018	$952,969	$1,160,693	$2,810,550	$-207,724

SERVICES FOR OLDER CITIZENS INC DBA THE HELM AT THE BOLL LIFE CENTER