SALINE AREA SENIOR COUNCIL INC

EIN: 510168822 501(c)(3) Human Services

SALINE, MI

Total Revenue
$510,131
Total Expenses
$421,462
Total Assets
$916,368
Net Assets
$868,955
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
MI
Principal Officer
NANCY COWAN
Phone
7344299274
Tax Period
2023-07-01 to 2024-06-30

SALINE AREA SENIOR COUNCIL INC, founded in 1975, is a small nonprofit in the Human Services sector that reported $510K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 17% operating margin.

Mission

TO ENRICH THE LIVES OF SENIOR CITIZENS THROUGH PROGRAMS AND ACTIVITIES THAT WILL BE BENEFICIAL IN PROMOTING GOOD HEALTH, EDUCATION, REFERRAL SERVICES, COMMUNITY OUTREACH AND SOCIAL PROGRAMS.

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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 $33,018
Program Service Revenue $440,428
Investment Income $33,027
Other Revenue $3,658
TOTAL REVENUE $510,131

Expense Breakdown

Grants Paid $0
Salaries & Benefits $258,775
Fundraising Expenses $0
Program Expenses $397,807
Other Expenses $162,687
TOTAL EXPENSES $421,462

Year-over-Year Comparison

2023 2022 Change
Revenue $510,131 $413,222 +0.2%
Expenses $421,462 $347,358 +0.2%
Net Income $88,669 $65,864 +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

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
5
Independent Members
5
Employees
3
Volunteers
116

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
5
$58,037
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY COWAN DRECTOR 40.00
Officer
$58,037 $0 $58,037
EVA BENEVENTO SECRETARY 1.50
Officer Director
$0 $0 $0
RUTH FRAYER VICE PRESIDE 1.00
Officer Director
$0 $0 $0
SUE KELCH MEMBER AT LA N/A
Director
$0 $0 $0
CINDY SOBOTTA PRESIDENT 1.00
Officer Director
$0 $0 $0
MARK SOCKNESS TREASURER 1.50
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
2025 No data No data No data No data
2024 $510,131 $421,462 $916,368 $88,669
2023 $413,222 $347,358 $823,820 $65,864
2022 $417,779 $370,021 $754,183 $47,758
2021 $349,341 $349,857 $708,082 $-516
2020 $337,127 $314,551 $713,254 $22,576
2019 $330,308 $323,928 $686,159 $6,380
2018 $328,418 $352,276 $691,760 $-23,858
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