Civic Intelligence

Senior Services of Van Buren County

EIN 38-3200638 • 501(c)3 • South Haven, MI

Profile

Ssvbc provides services, opportunities, and caring support for seniors of van buren county.

08337 M-140 Highway Ste 1South Haven, MI 49090

www.seniorservices-vbc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.40x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

83rd percentile

0.91x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

77th percentile

24%

Higher net margin than 77% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

62nd percentile

8.4%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

85th percentile

55%

Faster revenue growth than 85% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$6,436,150

Up $500,169 (+8.4%) from 2022

Liabilities

Down

$2,571,831

Down $180,291 (-6.6%) from 2022

Net Assets

Up

$3,864,319

Up $680,460 (+21%) from 2022

Revenue

Up

$2,827,241

Up $1,000,311 (+55%) from 2022

Expenses

Up

$2,146,781

Up $520,945 (+32%) from 2022

Net Income

Up

$680,460

Up $479,366 (+238%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $442,831Liabilities 2011: $12,827Net Assets 2011: $430,0042011Assets 2012: $564,189Liabilities 2012: $17,440Net Assets 2012: $546,7492012Assets 2013: $578,982Liabilities 2013: $17,764Net Assets 2013: $561,2182013Assets 2014: $496,103Liabilities 2014: $21,761Net Assets 2014: $474,3422014Assets 2015: $487,392Liabilities 2015: $25,993Net Assets 2015: $461,3992015Assets 2016: $461,307Liabilities 2016: $29,553Net Assets 2016: $431,7542016Assets 2017: $403,681Liabilities 2017: $14,355Net Assets 2017: $389,3262017Assets 2018: $296,314Liabilities 2018: $41,819Net Assets 2018: $254,4952018Assets 2019: $525,148Liabilities 2019: $115,762Net Assets 2019: $409,3862019Assets 2020: $3,258,256Liabilities 2020: $512,579Net Assets 2020: $2,745,6772020Assets 2021: $6,027,507Liabilities 2021: $3,061,698Net Assets 2021: $2,965,8092021Assets 2022: $5,935,981Liabilities 2022: $2,752,122Net Assets 2022: $3,183,8592022Assets 2023: $6,436,150Liabilities 2023: $2,571,831Net Assets 2023: $3,864,3192023

Highlighted filing

2023

Assets$6,436,150
Liabilities$2,571,831
Net Assets$3,864,319

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $831,853Expenses 2011: $524,071Net Income 2011: $307,7822011Revenue 2012: $888,273Expenses 2012: $771,528Net Income 2012: $116,7452012Revenue 2013: $933,970Expenses 2013: $919,501Net Income 2013: $14,4692013Revenue 2014: $925,281Expenses 2014: $1,012,157Net Income 2014: -$86,8762014Revenue 2015: $988,093Expenses 2015: $1,001,036Net Income 2015: -$12,9432015Revenue 2016: $1,044,811Expenses 2016: $1,074,456Net Income 2016: -$29,6452016Revenue 2017: $965,198Expenses 2017: $1,007,626Net Income 2017: -$42,4282017Revenue 2018: $952,626Expenses 2018: $1,087,457Net Income 2018: -$134,8312018Revenue 2019: $1,278,731Expenses 2019: $1,123,840Net Income 2019: $154,8912019Revenue 2020: $3,508,476Expenses 2020: $1,172,185Net Income 2020: $2,336,2912020Revenue 2021: $1,271,253Expenses 2021: $964,326Net Income 2021: $306,9272021Revenue 2022: $1,826,930Expenses 2022: $1,625,836Net Income 2022: $201,0942022Revenue 2023: $2,827,241Expenses 2023: $2,146,781Net Income 2023: $680,4602023

Highlighted filing

2023

Revenue$2,827,241
Expenses$2,146,781
Net Income$680,460

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 30, 2024
Return Version
2023v5.0
Gross Receipts
$2,846,817
Mission and Program Overview

Mission

Ssvbc provides services, opportunities and caring support for seniors of van buren county

Ssvbc provides services, opportunities, and caring support for seniors of van buren county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,439,566$5,466,368▲ $26,802
Cash and Non-Interest-Bearing Accounts$466,413$904,653▲ $438,240
Pledges and Grants Receivable$1,710$34,626▲ $32,916
Accounts Receivable$28,292$20,053▼ $8,239
Prepaid Expenses and Deferred Charges-$10,450-
Total Assets$5,935,981$6,436,150▲ $500,169
Liabilities
Unsecured Notes Loans Payable$2,603,861$2,462,086▼ $141,775
Other Liabilities$57,014$71,535▲ $14,521
Deferred Revenue$67,780$24,366▼ $43,414
Accounts Payable and Accrued Expenses$23,467$13,844▼ $9,623
Total Liabilities$2,752,122$2,571,831▼ $180,291
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,183,859$3,864,319▲ $680,460
Total Net Assets Fund Balance$3,183,859$3,864,319▲ $680,460
Total Liabilities and Net Assets / Fund Balance$5,935,981$6,436,150▲ $500,169

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,966,924$306,314$5,273,238
Land$425,386-$425,386
Equipment$58,908$27,905$86,813
Other Land Buildings$15,150$10,100$25,250
Compensation and Service Providers

Board Members and Trustees

NameTitle
Regina HooverChairperson
Roger PaulVice Chair
Clare OlneyTrustee
Dick CurtisTrustee
Gerald MuenzerTrustee
Karen KiryTrustee
Marilyn RendellTrustee
Nate BitelyTrustee
Terry TibbsTrustee
Annie BrownRecording Se
James AbshagenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,559,466
Program Service Revenue
$166,462
Investment Income
$2,232
Other Revenue
$99,081
All Other Contributions
$2,550,426
Change in Net Assets
$680,460

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,827,241
Total Revenue per Audited Statements
$2,827,241
Total Revenue per Form 990
$2,827,241
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,080,433
Other Expenses$1,066,348
Total Fundraising Expense$42,589
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$883,744$129,093-$1,012,837
Depreciation Depletion$167,754--$167,754
Interest$123,616--$123,616
Occupancy$80,726$24,320-$105,046
Office Expenses$50,218$17,592-$67,810
Payroll Taxes$59,082$8,514-$67,596
Fees for Services Other-$42,843-$42,843
Advertising--$42,589$42,589
All Other Expenses$33,210$6,554-$39,764
Insurance$24,603$3,698-$28,301
Other Expenses$23,914--$23,914
Total Functional Expenses$1,871,578$232,614$42,589$2,146,781

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,146,781
Total Expenses per Audited Statements$2,146,781
Total Expenses per Form 990$2,146,781
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,136
Fundraising Direct Expenses$19,576
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Anniversary Fun$25,763$20,763$1,626$19,137
Golf Fundraiser$10,545$6,505$5,726$779
Total Events$36,308$27,268$18,439$8,829
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$48,531
Lease Liability$15,918
Accrued Compensated Absences$7,086
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board and the executive director reviewed the 990 at the organization's monthly board meeting.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Senior Services of Van Buren County
EIN
38-3200638
Address
08337 M-140 HIGHWAY STE 1, SOUTH HAVEN, MI 49090

Signing Officer

Name
Diane Rigozzi
Title
Executive Director
Phone
2696373607
Signed
2024-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clare Olney
Formed
1994
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
37
Volunteers
246

Preparer

Firm
Gabridge & Company Plc
Address
3940 PENINSULAR DR SE STE 200, GRAND RAPIDS, MI 49546
Preparer
Robert J Klein
Phone
2696513228
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IRS990/PYOtherRevenueAmt0123583
IRS990/PYProgramServiceRevenueAmt0166306
IRS990/PYRevenuesLessExpensesAmt0201094
IRS990/PYSalariesCompEmpBnftPaidAmt0632234
IRS990/PYTotalExpensesAmt01625836
IRS990/PYTotalRevenueAmt01826930
IRS990/ReconcilationRevenueExpnssAmt0680460
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01213938
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt091345
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03222255
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08622471
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt080447
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0974189
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IRS990ScheduleA/PublicSupportTotal170Amt08622471
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01535467
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01213938
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt091345
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03222255
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08622471
IRS990ScheduleA/TotalSupportAmt08702918
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04966924
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0306314
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05273238
IRS990ScheduleD/EquipmentGrp/BookValueAmt058908
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027905
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086813
IRS990ScheduleD/ExpensesSubtotalAmt02146781
IRS990ScheduleD/LandGrp/BookValueAmt0425386
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0425386
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015150
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010100
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt048531
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115918
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27086
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED COMPENSATED ABSENCES
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt05466368
IRS990ScheduleD/TotalExpensesPerForm990Amt02146781
IRS990ScheduleD/TotalLiabilityAmt071535
IRS990ScheduleD/TotalRevenuePerForm990Amt02827241
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNIVERSARY FUN
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF FUNDRAISER
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01102
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt025763
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010545
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06505
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt08829
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07352
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD AND THE EXECUTIVE DIRECTOR REVIEWED THE 990 AT THE ORGANIZATION'S MONTHLY BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TotalAssetsGrp/BOYAmt05935981
IRS990/TotalAssetsGrp/EOYAmt06436150
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IRS990/TotalContributionsAmt02559466
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt042589
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0232614
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01871578
IRS990/TotalFunctionalExpensesGrp/TotalAmt02146781
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02752122
IRS990/TotalLiabilitiesEOYAmt02571831
IRS990/TotalLiabilitiesGrp/BOYAmt02752122
IRS990/TotalLiabilitiesGrp/EOYAmt02571831
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03183859
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03864319
IRS990/TotalProgramServiceExpensesAmt01871578
IRS990/TotalProgramServiceRevenueAmt0166462
IRS990/TotalRevenueGrp/ExclusionAmt092007
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0175768
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02827241
IRS990/TotalVolunteersCnt0246
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05935981
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06436150
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt02603861
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt02462086
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013021 64TH ST
IRS990/USAddress/CityNm0SOUTH HAVEN
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049090
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.SENIORSERVICES-VBC.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z

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