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Madison Senior Center Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203075846 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Madison Senior Center Foundation Inc?

Madison Senior Center Foundation Inc is a nonprofit organization, headquartered with undisclosed details, dedicated to enhancing the lives of senior adults. Through their initiatives, they offer a variety of programs, activities, and services, catering to the diverse needs of this demographic. These efforts cover the necessary expenses and provisions, as well as providing educational instruction. The aim is to foster an enriching environment for senior adults, promoting their overall well-being and personal growth.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Stars)

The Madison Senior Center Foundation Inc has received a strong rating of 87%, indicating solid performance in accountability and finance. This score is derived from thorough assessments of their financial management practices, highlighting their commitment to transparency and responsible stewardship of funds. The organization demonstrates a high level of accountability with an independent board, ensuring that all decisions align with the best interests of their mission.

One of the strengths noted is the foundation's program expense ratio of 89.80%, which indicates that a significant majority of their funds are directed towards programmatic activities rather than administrative costs. Additionally, the absence of any material diversion of assets and a comprehensive conflict of interest policy further enhances their credibility, showcasing a robust governance structure.

However, while the rating reflects strong financial health, it's essential to consider that the overall evaluation is based solely on the Accountability & Finance beacon. Therefore, potential donors and supporters may want to look beyond financial metrics to understand the foundation's impact and effectiveness in serving the senior community.


This AI summary has been generated from information found on Charity Navigator.

Is Madison Senior Center Foundation Inc legitimate?

Madison Senior Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Senior Center Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Madison Senior Center Foundation Inc?

The Madison Senior Center Foundation's mission is centered around providing senior adults with a variety of programs, activities, and services. This non-profit organization strives to meet the needs of senior adults by covering program expenses, supplying necessary resources, and offering educational instruction. The primary goal is to enrich the lives of senior adults in the community through these offerings.

Who is the CEO of Madison Senior Center Foundation Inc?

Yolanda Shelton-Morris is the Treasurer of Madison Senior Center Foundation Inc.

What is the revenue of Madison Senior Center Foundation Inc?

Madison Senior Center Foundation Inc's revenue in 2022 was $52,379.

Who are the executives of Madison Senior Center Foundation Inc and what are their salaries?


Here are 8 key members and their salaries:


Jeffrey Budzisz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Cator (Exexcutive D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Dechant (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Engstrom (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faisal Kaud (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Miley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yolanda Shelton-Morris (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Whitt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Madison Senior Center Foundation Inc?

Madison Senior Center Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Madison Senior Center Foundation Inc

Madison Senior Center Foundation, a notable organization, is dedicated to providing a variety of programs, activities, and services specifically designed for senior adults. Its mission is to cover the expenses and supply needs associated with these initiatives, aiming to enrich the lives of its elderly population through educational instruction. By offering these programs, the foundation aims to foster a sense of community and engagement among senior adults, promoting their overall well-being.

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Impact




October, 2024

Madison Senior Center Foundation Inc significantly enriches the lives of senior adults in Madison, WI by offering a diverse range of programs, activities, and services tailored specifically to their needs. Through its initiatives, the foundation addresses essential aspects of well-being, including social engagement, mental stimulation, and physical health.

By providing comprehensive programming, the foundation ensures that seniors have access to various educational opportunities and engaging activities, effectively promoting lifelong learning and active participation in the community. These programs also foster social connections among participants, helping to combat isolation and enhance the overall quality of life for older adults.

Additionally, by covering program expenses and supplies, the Madison Senior Center Foundation plays a crucial role in maintaining a supportive environment that encourages seniors to pursue their interests and hobbies. This commitment not only benefits the individuals involved but also strengthens the fabric of the community by promoting inclusivity and support for its older residents.




This information is meant to be a general summary of Madison Senior Center Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$52,379 (2022)
201420152016201720182019202020212022$0$25,000$50,000$75,000$100k
Expenses
$33,155 (2022)
201420152016201720182019202020212022$0$15,000$30,000$45,000$60,000
Efficiency
2014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,644
  • Gross Receipts: $52,379

Assets and Liabilities:

  • Total Assets: $841,449
  • Total Liabilities: $0
  • Net Assets: $841,449

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Organization Details

Founding Year

2005

Principal Officer

Yolanda Shelton-Morris

Main Address

330 W MIFFLIN STREET, MADISON, WI, 53703

NTEE Category

Code: P118 - Human services

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