Friends Of The Salem Senior Center
- Assets
- $281.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Salem, OR
- Founding
- 08/1993
- Data as of
- 06/2022
- EIN
- 94-3183802
Organization Overview
Friends Of The Salem Senior Center is located in Salem, OR. The organization was established in 1993. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Friends Of The Salem Senior Center employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Salem Senior Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Friends Of The Salem Senior Center generated $187.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $151.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OFFERING OVER 50 CENTER EVENT PROGRAMS, AND FREE SERVICES TO OVER 450 SENIORS INCLUDING NEWSLETTERS, AND AN ANNUAL MEETING AND WELLNESS CONFERENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Schellenberg President | 2 | $0 | |
Karen Bolliger Vice President | 2 | $0 | |
Kristi Bowman Secretary | 2 | $0 | |
Mary Quinn Treasurer | 2 | $0 | |
Pat Ayers Director | 1 | $0 | |
Penny Puffpaff Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,496 |
| Total Program Service Revenue | $36,205 |
| Membership dues | $0 |
| Investment income | $2,538 |
| Gain or Loss | $7,724 |
| Net Income from Gaming & Fundraising | $5,638 |
| Other Revenue | $0 |
| Total Revenue | $187,372 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,403 |
| Professional fees and other payments to independent contractors | $12,009 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $265 |
| Other expenses | $82,238 |
| Total expenses | $151,915 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $281,534 |
| Other assets | $0 |
| Total assets | $281,534 |
| Total liabilities | $14,000 |
| Net assets or fund balances | $267,534 |