Overview
What is Silver Maples Of Chelsea?
Silver Maples of Chelsea is a vibrant retirement neighborhood in Chelsea, Michigan, offering senior care services and independent living accommodations. This nonprofit community provides residential options ranging from independent living condos to assisted living apartments. Residents receive three nutritious meals daily and have access to various levels of assistance with daily living activities, weekly housekeeping, laundry, and well-balanced event programming. The Silver Lining Fund, a resident-conceived program, offers financial assistance to those in need, ensuring they always have a home at Silver Maples. The organization is deeply engaged in the local community, sponsoring and participating in numerous events, organizations, and charities. Silver Maples is committed to promoting personal growth, meaningful relationships, and providing a healthy, secure, and supportive environment for its residents.
Official website here: www.silvermaples.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Silver Maples Of Chelsea has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating is based solely on their strong accountability measures, reflecting a commitment to transparency and responsible financial management. The organization has a high program expense ratio standing at 88.34%, showcasing that the majority of its funds directly support its programs.
The nonprofit boasts an independent board with full compliance on several governance policies, including conflict of interest and whistleblower policies. This independence is crucial for ethical oversight, with all board members being independent and actively participating in governance. The organization also maintains robust financial oversight through an audit and oversight committee, further enhancing its credibility.
However, while the organization excels in various metrics, it does face some limitations, particularly in its liabilities to assets ratio, which scored 0 out of 15. This could indicate potential concerns about financial stability. Overall, Silver Maples Of Chelsea shows a strong commitment to accountability, though it may need to address its financial ratios to improve its standing further.
This AI summary has been generated from information found on Charity Navigator.
Is Silver Maples Of Chelsea legitimate?
Silver Maples Of Chelsea is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver Maples Of Chelsea 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: $233,331
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,257,057
For more financial information, click here
Official website here: www.silvermaples.org
What is the mission statement of Silver Maples Of Chelsea?
Silver Maples of Chelsea is a vibrant retirement community dedicated to creating and supporting a positive aging experience. They strive to inspire personal growth through enriching experiences and offer opportunities for building meaningful relationships within the community, among friends and family. Silver Maples of Chelsea provides a healthy, secure, and supportive living environment. Their mission aligns with that of their partners, the 5 Healthy Towns Organization and United Methodist Retirement Communities & Porter Hills (UMRC & Porter Hills). The 5 Healthy Towns aim to cultivate improvements in personal and community wellness, while UMRC & Porter Hills is a faith-based nonprofit senior living organization that promotes the wellness, dignity, and independence of older adults through high-quality and innovative residential and supportive services.
Official website here: www.silvermaples.org
Who is the CEO of Silver Maples Of Chelsea?
Julie A Deppner is the President An of Silver Maples Of Chelsea.
Official website here: www.silvermaples.org
What is the revenue of Silver Maples Of Chelsea?
Silver Maples Of Chelsea's revenue in 2022 was $13,085,540.
Official website here: www.silvermaples.org
Who are the executives of Silver Maples Of Chelsea and what are their salaries?
The average compensation at Silver Maples Of Chelsea during 2022 was $19,073. There are 183 employees and 7 volunteers at Silver Maples Of Chelsea.
Here are 12 key members and their salaries:
- Compensation: $233,331
- Related: $0
- Other: $0
- Compensation: $105,992
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- Other: $0
- Compensation: $104,140
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- Other: $0
- Compensation: $100,081
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.silvermaples.org
Where can I find the form 990 for Silver Maples Of Chelsea?
Silver Maples Of Chelsea's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.silvermaples.org
Learn more at the official website: www.silvermaples.org
Mission Statement of Silver Maples Of Chelsea
Silver Maples of Chelsea is a vibrant retirement neighborhood committed to fostering a positive aging experience. This community goes above and beyond to inspire personal growth and create opportunities for meaningful relationships among friends, family, and the wider community. At its core, Silver Maples of Chelsea strives to provide a healthy, secure, and supportive environment where older adults can call home.
The mission of Silver Maples of Chelsea aligns closely with that of its partners, the 5 Healthy Towns Organization and United Methodist Retirement Communities & Porter Hills (UMRC & Porter Hills). The 5 Healthy Towns Organization focuses on cultivating improvements in personal and community wellness. UMRC & Porter Hills, a faith-based nonprofit senior living organization, promotes the wellness, dignity, and independence of older adults by offering high-quality and innovative residential and supportive services.
Together, these organizations create an environment tailored to the unique needs of older adults. Silver Maples of Chelsea fosters a sense of community where residents can engage in enriching experiences, form deep connections, and call a supportive and nurturing home their own. The emphasis on wellness, dignity, and independence empowers older adults to live their best lives, fostering a sense of purpose and fulfillment.
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Impact
October, 2024
Silver Maples of Chelsea significantly impacts the community by fostering a supportive and enriching environment for seniors. It creates a vibrant retirement neighborhood focused on positive aging experiences, which encourages personal growth and meaningful relationships among residents, their families, and the broader community.
The community provides various services, including independent living options and licensed assisted living accommodations, ensuring residents have access to the care they need while maintaining their independence. With nutritious meals, housekeeping services, and diverse wellness activities, residents enjoy a high quality of life that supports both their physical and emotional well-being.
Additionally, Silver Maples plays an active role in the Chelsea area, participating in local events and organizations, such as the Alzheimer's Association and the Relay for Life. This engagement not only enriches the lives of residents but also strengthens community ties and promotes broader wellness initiatives. The Silver Lining Fund further enhances this impact by providing financial assistance to residents who may outlive their assets, ensuring that everyone can continue to call Silver Maples home.
Through these efforts, Silver Maples of Chelsea exemplifies a model of healthy living for older adults, ultimately benefiting both its residents and the surrounding community.
This information is meant to be a general summary of Silver Maples Of Chelsea. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,811,529
- Program Service Revenue: $9,930,048
- Gross Receipts: $32,970,022
Assets and Liabilities:
- Total Assets: $43,214,954
- Total Liabilities: $32,085,268
- Net Assets: $11,129,686
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE REVENUE
Revenue
$9,297,631
AMORT. OF DEFERRED REVENUE
Revenue
$632,417
Organization Details
Founding Year
1995
Phone
(734) 475-4111Principal Officer
Julie A Deppner
Main Address
100 SILVER MAPLES DRIVE, CHELSEA, MI, 481181186
Website
www.silvermaples.orgNTEE Category
Code: L22 - Housing
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