THE SALEM GREEN BENEVOLENT CORPORATION (EIN 391644553) - Form 990 Financial Analysis & Trantor Score

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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

1989

Legal Domicile

Principal Officer

ROBBIE GREMMINGER

Phone

9208922912

Tax Period

2024-01-01 to 2024-12-31

THE SALEM GREEN BENEVOLENT CORPORATION, founded in 1989, is a small nonprofit that reported $551K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $202K, a strong 37% operating margin.

Mission

PROVIDE SHELTER AND ACTIVITIES FOR THE ELDERLY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $375,200

Investment Income $176,104

Other Revenue $0

TOTAL REVENUE $551,304

Expense Breakdown

Grants Paid $0

Salaries & Benefits $77,336

Fundraising Expenses $0

Program Expenses $267,604

Other Expenses $272,100

TOTAL EXPENSES $349,436

Year-over-Year Comparison

	2024	2023	Change
Revenue	$551,304	$441,853	+0.2%
Expenses	$349,436	$378,599	-0.1%
Net Income	$201,868	$63,254	+2.2%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE BUNYEA	DIRECTOR	1.00	Director	$0	$0	$0
DENA ADAMSON	TREASURER	1.00	Officer Director	$0	$0	$0
ROBBIE GREMMINGER	PRESIDENT	1.00	Officer Director	$0	$0	$0
WES HUIBREGTSE	VICE PRESIDENT	1.00	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	$551,304	$349,436	$4,932,646	$201,868
2023	$441,853	$378,599	$4,580,619	$63,254
2022	$300,894	$292,464	$4,327,692	$8,430
2021	$594,712	$330,382	$4,775,987	$264,330
2020	$421,466	$458,546	$4,616,137	$-37,080
2019	$435,843	$468,535	$4,340,642	$-32,692
2018	$468,896	$423,075	$4,178,013	$45,821

THE SALEM GREEN BENEVOLENT CORPORATION