MILFORD SENIOR CENTER INC

EIN: 510118817 501(c)(3)

MILFORD, DE

Total Revenue
$744,647
Total Expenses
$905,076
Total Assets
$1,301,067
Net Assets
$1,216,155
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
DE
Principal Officer
CHARLES HAMMOND
Phone
3024223385
Tax Period
2024-07-01 to 2025-06-30

MILFORD SENIOR CENTER INC, founded in 1973, is a small nonprofit that reported $745K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $905K exceeded revenue, resulting in a 22% operating deficit.

Mission

TO ENCOURAGE AND SUPPORT AN INDEPENDENT LIFESTYLE BY DESIGNING AND PROVIDING EXCELLENCE IN SERVICES, ACTIVITIES, AND PROGRAMS THAT MEET THE CONTINUING AND DIVERSE NEEDS OF SENIORS AGE 50 AND OVER, WHO SEEK TO MAINTAIN THE HIGHEST QUALITY OF LIFE AND CONTRIBUTE TO THE GOOD OF THE COMMUNITY.

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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 $469,488
Program Service Revenue $247,461
Investment Income $18,409
Other Revenue $9,289
TOTAL REVENUE $744,647

Expense Breakdown

Grants Paid $0
Salaries & Benefits $451,229
Fundraising Expenses $0
Program Expenses $772,898
Other Expenses $453,847
TOTAL EXPENSES $905,076

Year-over-Year Comparison

2024 2023 Change
Revenue $744,647 $870,344 -0.1%
Expenses $905,076 $996,171 -0.1%
Net Income $-160,429 $-125,827 +0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
28
Volunteers
52

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHY COHEE BOARD MEMBER 2.00
Director
$0 $0 $0
JAYSON CROUCH BOARD MEMBER 2.00
Director
$0 $0 $0
DENISE CURTIS SECRETARY 2.00
Officer Director
$0 $0 $0
ALLEN FORD BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID FRIEDLAND BOARD MEMBER 2.00
Director
$0 $0 $0
CHARLES HAMMOND PRESIDENT 2.00
Officer Director
$0 $0 $0
DANIEL HOLT BOARD MEMBER 2.00
Director
$0 $0 $0
ESTHER MILLER BOARD MEMBER 2.00
Director
$0 $0 $0
MARK NEHRA TREASURER 2.00
Officer Director
$0 $0 $0
YA'NELLE POWELL BOARD MEMBER 2.00
Director
$0 $0 $0
WILLIAM VENDETTI VICE PRESIDE 2.00
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
2025 $744,647 $905,076 $1,301,067 $-160,429
2024 $870,344 $996,171 $1,424,895 $-125,827
2023 $847,854 $848,887 $1,581,054 $-1,033
2022 $633,154 $649,342 $1,603,916 $-16,188
2021 $431,205 $467,028 $1,659,031 $-35,823
2020 $621,652 $556,812 $1,671,460 $64,840
2019 $646,070 $703,137 $1,584,714 $-57,067
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