Overview
What is Senior Citizens Of Greater Dallas Inc?
Senior Citizens of Greater Dallas Inc, also known as The Senior Source, is a nonprofit organization situated in Dallas, Texas. With a mission to improve the lives of older adults in the region, they offer a range of services through their Elder Financial Safety Center. This collaboration with the Dallas County D.A.'s Office and Probate Courts aims to safeguard the financial wellbeing of seniors by providing prevention, prosecution, and protection services. The Senior Source specifically handles the prevention aspect, offering counseling in insurance, finance, credit, employment, money management, and financial support to over 5,800 individuals. Furthermore, they educate more than 10,000 individuals on various frauds and scams and financial security, contributing to a total financial impact of $2.8 million by helping 56% of clients increase their income or decrease their expenses. The organization boasts a team of 70 dedicated employees.
Official website here: www.theseniorsource.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 100% (Four-Star out of Four Stars)**
Senior Citizens Of Greater Dallas Inc is recognized with a remarkable Four-Star rating from Charity Navigator, reflecting its high standards in Accountability and Finance. The charity's commitment to transparency is evidenced by its full scores in all critical financial metrics, including an excellent program expense ratio, which indicates that the majority of funds raised go directly to its programs serving older adults. This level of financial efficiency and oversight illustrates a strong organizational foundation.
The organization prioritizes a well-structured governance model with 100% independent board members and transparent operational policies. It has also undertaken efforts to adapt its services in response to the evolving needs of the senior community, especially in light of the challenges presented by Covid-19. The Senior Source aims to continue expanding its reach while deepening the impact of its services.
Unfortunately, there are no user reviews available from GreatNonprofits at this time, which limits insight into the direct experiences of clients and community members. Overall, the nonprofit's significant achievements in board independence and financial health suggest a trustworthy and effective initiative for improving the quality of life for older adults in the Dallas area.
This AI summary has been generated from information found on Charity Navigator.
Is Senior Citizens Of Greater Dallas Inc legitimate?
Senior Citizens Of Greater Dallas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Citizens Of Greater Dallas 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: $677,447
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,787,724
For more financial information, click here
Official website here: www.theseniorsource.org
What is the mission statement of Senior Citizens Of Greater Dallas Inc?
Senior Citizens Of Greater Dallas Inc's mission is centered around enhancing the quality of life for older adults. This is achieved through various means, with a notable focus on financial safety. The organization collaborates with entities such as the Dallas County D.A.'s office and the Probate Courts to provide prevention, prosecution, and protection services through the Elder Financial Safety Center. Thousands of individuals benefit from these services, which include insurance counseling, financial counseling, and consumer credit counseling, among others. The center also educates a large number of people about financial security, frauds, and scams, contributing to a total financial impact of over $2.8 million.
Official website here: www.theseniorsource.org
Who is the CEO of Senior Citizens Of Greater Dallas Inc?
Stacey Malcolmson is the Past-Chair of Senior Citizens Of Greater Dallas Inc. The CEO's salary of Senior Citizens Of Greater Dallas Inc is $236,080 and their total compensation is $260,451.
Official website here: www.theseniorsource.org
What is the revenue of Senior Citizens Of Greater Dallas Inc?
Senior Citizens Of Greater Dallas Inc's revenue in 2023 was $7,501,570.
Official website here: www.theseniorsource.org
Who are the executives of Senior Citizens Of Greater Dallas Inc and what are their salaries?
The average compensation at Senior Citizens Of Greater Dallas Inc during 2023 was $49,502. There are 70 employees and 3103 volunteers at Senior Citizens Of Greater Dallas Inc.
Here are 44 key members and their salaries (Senior Citizens Of Greater Dallas Inc's CEO's salary is $236,080 and their total compensation is $260,451):
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- Other: $15,772
Official website here: www.theseniorsource.org
Where can I find the form 990 for Senior Citizens Of Greater Dallas Inc?
Senior Citizens Of Greater Dallas Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theseniorsource.org
Learn more at the official website: www.theseniorsource.org
Mission Statement of Senior Citizens Of Greater Dallas Inc
Senior Citizens of Greater Dallas Inc is dedicated to improving the quality of life for older adults in their community. Their mission is achieved through various initiatives, one of which is the Elder Financial Safety Center. This collaboration between Senior Source, the Dallas County D.A.'s Office, and the Probate Courts aims to safeguard the financial wellbeing of older adults by providing prevention, prosecution, and protection services. The Senior Source plays a crucial role in this endeavor, offering prevention services to older adults in areas such as insurance counseling, financial counseling, consumer credit counseling, employment, money management, and financial support.
The Elder Financial Safety Center's preventive measures have proven to be effective, with 5,866 individuals receiving these services. These efforts have led to significant financial improvements for 56% of the clients, resulting in an overall financial impact of $2.8 million. Furthermore, Senior Citizens of Greater Dallas Inc goes beyond direct service provision by educating over 10,000 individuals about various frauds and scams, including those related to the COVID-19 pandemic. By raising awareness and equipping older adults with the necessary knowledge, the organization aims to empower them to protect their financial security.
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Impact
July, 2024
Senior Citizens Of Greater Dallas Inc's impact is significant in enhancing the quality of life of older adults in Greater Dallas through its Elder Financial Safety Center. This collaboration with The Senior Source, the Dallas County D.A.'s Office, and the Probate Courts ensures the financial safety of older adults through prevention, prosecution, and protection services. In the past year, the organization has provided prevention services to 5,866 individuals in areas such as insurance counseling, financial counseling, consumer credit counseling, employment, money management, and financial support. Additionally, over 10,000 individuals have been educated on the services of the Elder Financial Safety Center, various frauds and scams, and ensuring financial security. Notably, 56% of clients receiving prevention services have increased their income or decreased their expenses, resulting in a total financial impact of $2.8 million. This impactful work directly contributes to the well-being and financial security of older adults in the community.
This information is meant to be a general summary of Senior Citizens Of Greater Dallas 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $74,480
- Program Service Revenue: $68,072
- Gross Receipts: $8,615,005
Assets and Liabilities:
- Total Assets: $11,060,900
- Total Liabilities: $333,465
- Net Assets: $10,727,435
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GUARDIANSHIP FEES
Revenue
$65,612
VGP CLIENT
Revenue
$2,460
Organization Details
Founding Year
1961
Phone
(214) 823-5700Principal Officer
Stacey Malcolmson
Main Address
3910 HARRY HINES BLVD, DALLAS, TX, 75219
Website
www.theseniorsource.orgNTEE Category
Code: P81 - Human services
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