Senior Companion Fund

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

EIN: 460379180 ✦ Sioux falls, SD ✦ Designated as a 501(c)(3)

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Overview

What is Senior Companion Fund?

The Senior Companion Fund is a nonprofit organization situated in Sioux Falls, South Dakota. Their primary mission is to support elderly and adult individuals with special needs, offering them assistance with daily activities and companionship. This is achieved through the service of dedicated volunteers. In 2022, they provided a substantial 22,471.75 hours of charitable in-home services to their clients. This nonprofit organization often collaborates with other non-profits to extend its reach and services to those in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating.

The Senior Companion Fund has achieved an impressive score of 94% on Charity Navigator, reflecting its strong commitment to accountability and financial health. The rating is solely based on the Accountability & Finance beacon, indicating a focused approach to transparency and responsible management of resources. The organization demonstrates a robust governance structure with a fully independent board, further enhancing its credibility among donors and stakeholders.

The fund exhibits exceptional financial management, evidenced by a 0.00% liabilities-to-assets ratio and an impressive 84.41% program expense ratio. This suggests that the majority of its funds are directed towards fulfilling its mission rather than administrative costs. Furthermore, the presence of comprehensive policies such as conflict of interest and whistleblower protections points to a high level of organizational integrity.

While the data presents a favorable view of the Senior Companion Fund's operations and governance, no limitations were noted in the provided information. Overall, the organization's high rating signifies a reliable option for donors looking to support a nonprofit with strong fiscal responsibility and transparency.


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

Is Senior Companion Fund legitimate?

Senior Companion Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Companion Fund 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 Senior Companion Fund?

The Senior Companion Fund's mission is centered around providing support services for elderly and adult individuals with special needs. They accomplish this by enlisting volunteers who offer in-home companionship and assistance with daily activities. The primary goal of this fund is to enhance the lives of these individuals either directly or through collaborating with other non-profit organizations. In 2022, the Senior Companion Fund provided 22,471.75 hours of charitable in-home services to frail adult clients.

Who is the CEO of Senior Companion Fund?

Deborah Docken is the Vice Chair/Chair Eff. April 2022 of Senior Companion Fund.

What is the revenue of Senior Companion Fund?

Senior Companion Fund's revenue in 2022 was $185,598.

Who are the executives of Senior Companion Fund and what are their salaries?

There 30 volunteers at Senior Companion Fund.


Here are 6 key members and their salaries:


Mike Sauers (Chair (Through March 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Docken (Vice Chair/Chair Eff. April 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Tranberg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Wetrosky (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Camp (Director/Vice Chair Eff. April 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Clemens (Director Eff. March 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Senior Companion Fund?

Senior Companion Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Senior Companion Fund

The Senior Companion Fund is a non-profit organization dedicated to providing support services to elderly and special needs adults. Its primary mission is to offer assistance to these individuals either directly or through other non-profit organizations. The fund achieves this by enlisting volunteers who offer in-home companionship and aid with daily activities. In 2022, the Senior Companion Fund provided 22,471.75 hours of charitable in-home services to frail adult clients. These services are instrumental in ensuring that the recipients maintain a level of independence and well-being, while also alleviating the burden on their families and caregivers. The Senior Companion Fund's work is a testament to its commitment to enriching the lives of elderly and special needs adults, thereby promoting their overall health and wellbeing.

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Impact




October, 2024

The Senior Companion Fund significantly impacts the lives of elderly individuals and adults with special needs by providing essential support services that enhance their quality of life. In 2022, it delivered a remarkable 22,471.75 hours of charitable in-home services, directly benefiting frail adult clients in Sioux Falls, SD.

By connecting volunteers with those in need, the fund creates meaningful companionship and assistance with daily activities. This vital support not only helps alleviate feelings of isolation among seniors but also empowers them to maintain their independence. The positive outcomes extend beyond the recipients, as volunteers experience personal fulfillment and community engagement, fostering stronger connections within society. Overall, the Senior Companion Fund plays a crucial role in promoting human services that support vulnerable populations in their daily lives.




This information is meant to be a general summary of Senior Companion Fund. 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
$185,598 (2022)
Expenses
$109,446 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $172,034
  • Gross Receipts: $651,453

Assets and Liabilities:

  • Total Assets: $1,563,902
  • Total Liabilities: $0
  • Net Assets: $1,563,902

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Organization Details

Founding Year

1984

Principal Officer

Deborah Docken

Main Address

4800 West 57th St PO Box 5038, Sioux Falls, SD, 571175038

NTEE Category

Code: P81 - Human services

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