ROUTT COUNTY FOUNDATION FOR SENIOR CITIZ

EIN: 840679790 501(c)(3) Human Services

STEAMBOAT SPRINGS, CO

Total Revenue
$782,757
Total Expenses
$455,974
Total Assets
$3,492,325
Net Assets
$2,642,443
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
CO
Phone
9708799277
Tax Period
2024-01-01 to 2024-12-31

ROUTT COUNTY FOUNDATION FOR SENIOR CITIZ, founded in 1964, is a small nonprofit in the Human Services sector that reported $783K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $327K, a strong 42% operating margin.

Mission

To make a significant contribution to the public welfare by providing rental housing for senior citizens age 62 and older or handicapped and/or disabled applicants with low income.To operate rental housing in a not-for-profit manner with no personal gain accruing to The Routt County Foundation for Senior Citizens, Inc. (referred to as the Owner) or the Board of Directors and Officers, except for professional services authorized and rendered.To make such charges for rental housing necessary only to amortize cost of construction, operation, and maintenance in as economical a manner as possible.To provide a broad base of membership in 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 $168,072
Program Service Revenue $521,949
Investment Income $84,193
Other Revenue $8,543
TOTAL REVENUE $782,757

Expense Breakdown

Grants Paid $17,484
Salaries & Benefits $0
Fundraising Expenses $756
Program Expenses $400,961
Other Expenses $438,490
TOTAL EXPENSES $455,974

Year-over-Year Comparison

2024 2023 Change
Revenue $782,757 $1,001,982 -0.2%
Expenses $455,974 $408,690 +0.1%
Net Income $326,783 $593,292 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN HOFFNER President 8.00
Officer Director
$0 $0 $0
ED BECKER Vice President 3.00
Officer Director
$0 $0 $0
JOAN IHRIG Secretary 3.00
Officer Director
$0 $0 $0
JOSEPH BACKURZ Director 3.00
Director
$0 $0 $0
BENJAMIN HOFFNER Director 3.00
Director
$0 $0 $0
CINDY MONTGOMERY Director 3.00
Director
$0 $0 $0
ANDREW VANBLARCUM Director 3.00
Director
$0 $0 $0
DANIELLE CAREY Director 3.00
Director
$0 $0 $0
JULIE MANNING Director 3.00
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 $782,757 $455,974 $3,492,325 $326,783
2023 $1,001,982 $408,690 $3,188,920 $593,292
2022 $552,895 $395,228 $2,616,161 $157,667
2021 $534,997 $365,601 $2,480,040 $169,396
2020 $563,640 $360,713 $2,327,935 $202,927
2019 $482,662 $364,556 $2,136,931 $118,106
2018 $387,655 $343,659 $2,032,494 $43,996
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