THE SENIOR ALLIANCE INC

EIN: 382322126 501(c)(3) Human Services

DEARBORN, MI

Total Revenue
$38,887,899
Total Expenses
$40,677,157
Total Assets
$14,157,263
Net Assets
$9,809,740
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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
1980
Legal Domicile
MI
Principal Officer
JEFFERY HAWKINS
Phone
7347222830
Tax Period
2023-10-01 to 2024-09-30

THE SENIOR ALLIANCE INC, founded in 1980, is a mid-sized nonprofit in the Human Services sector that reported $38.9M in total revenue in fiscal year 2023.

Mission

ASSISTING PEOPLE TO THRIVE AS THEY LIVE, AGE AND GROW.

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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 $33,695,097
Program Service Revenue $5,599,450
Investment Income $-457,222
Other Revenue $50,574
TOTAL REVENUE $38,887,899

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,235,928
Fundraising Expenses $73,793
Program Expenses $37,943,671
Other Expenses $33,441,229
TOTAL EXPENSES $40,677,157

Year-over-Year Comparison

2023 2022 Change
Revenue $38,887,899 $39,991,918 0.0%
Expenses $40,677,157 $40,392,404 +0.0%
Net Income $-1,789,258 $-400,486 +3.5%
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
14
Independent Members
14
Employees
127
Volunteers
441

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
9
$623,604
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE DUNCAN DIRECTOR 0.50
Director
$0 $0 $0
STACY KARAFOTIS DIRECTOR 0.50
Director
$0 $0 $0
EDWARD L KING DIRECTOR 0.50
Director
$0 $0 $0
KELLY FABER CHIEF OPERATING OFFICER 40.00
Officer
$147,025 $18,381 $165,406
JASON MACIEJEWSKI CHIEF EXECUTIVE OFFICER 39.00
Officer
$179,857 $24,186 $204,043
JEFF HAWKINS CHIEF FINANCIAL OFFICER 38.00
Officer
$108,541 $30,735 $139,276
LYDIA GOLD CHIEF COMPLIANCE OFFICER 39.00
Officer
$101,737 $13,142 $114,879
DR KRISTINE AJROUCH DIRECTOR 0.50
Director
$0 $0 $0
KRISTIN DOWLING DIRECTOR 0.50
Director
$0 $0 $0
ROBIN BENNETT DIRECTOR 0.50
Director
$0 $0 $0
DR SYED S TAJ DIRECTOR 0.50
Director
$0 $0 $0
ROGER MYERS DIRECTOR 0.50
Director
$0 $0 $0
SUSAN ROWE DIRECTOR 0.50
Director
$0 $0 $0
ROSEMARIE SHIM SECRETARY 0.50
Officer Director
$0 $0 $0
ADAM STERLING TREASURER 0.50
Officer Director
$0 $0 $0
AYANA KING VICE-CHAIR 0.50
Officer Director
$0 $0 $0
KATHLEEN MCINTYRE VICE-CHAIR 0.50
Officer Director
$0 $0 $0
DR DENISE BROTHERS CHAIRPERSON 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 $38,887,899 $40,677,157 $14,157,263 $-1,789,258
2023 $39,991,918 $40,392,404 $15,570,841 $-400,486
2022 $37,027,661 $36,096,034 $16,213,615 $931,627
2021 $34,715,778 $35,013,042 $16,386,744 $-297,264
2020 $31,372,409 $30,780,771 $15,814,494 $591,638
2019 $34,153,062 $33,246,855 $13,562,039 $906,207
2018 $32,452,797 $31,450,618 $15,060,025 $1,002,179
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