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Silver Maples of Chelsea

Chelsea, MI · EIN 38-3258132 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Silver Maples of Chelsea reported $11.1 million in revenue and $10.0 million in expenses for calendar year 2024. Of every $100 it spent, $87.24 went to program services, $12.11 to management and general costs and $0.65 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.3% of the total. The highest compensation it reported for one person was $225,313 (PRESIDENT AND CEO). 3 people received more than $100,000 in reportable compensation. Revenue rose 24% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $10M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
87.2%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
12.1%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.7%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.9%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.0%
Program service revenue share
Part VIII 2g ÷ 12
95.3%66.2%
Highest reported compensation
Part VII-A, columns D–F
$225,313$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.25%1.57%
People paid over $100,000
Part VII, line 2
35
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.010.0
Independent voting board members
Part VI 1a–1b
6 of 6100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$8.7M expenses · 100.0% of program spending · grants $59,464 · revenue $11M

Silver Maples of Chelsea provides senior care services, wellness activities and amenities for resident style independent living housing and licensed assisted living accommodations. The meadows assisted living offers apartments for couples and individuals who value the independence of home and the convenience of onsite licensed care. Residents receive three nutritious meals every day, served in multiple dining venues. There are 4 levels of assistance with activities of daily living, weekly housekeeping and laundry and well-balanced and dynamic event and activity programming. Residential…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Officer, 40.00 hrs/week
$224,849$0$464$225,313
V.P. SALES/MARKETING
Highest compensated employee, 40.00 hrs/week
$133,693$0$0$133,693
V.P. HUMAN RESOURCES
Highest compensated employee, 40.00 hrs/week
$127,402$0$0$127,402

3 people received more than $100,000 in reportable compensation from Silver Maples of Chelsea (Part VII, line 2). Compensation of current officers, directors and key employees totaled $225K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$11M$10M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$11M$10M87.2%$10.0M$225,313
2023 ⓘ$10.0M$9.6M89.6%$7.9M$246,759
2022 ⓘ$13M$9.2M87.9%$11M$233,331
2021 ⓘ$11M$8.3M87.4%$13M$207,428
2020 ⓘ$8.8M$7.7M87.5%$9.6M$188,126
2019 ⓘ$8.9M$7.6M88.6%$6.7M$178,017

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b6 · 6 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5181
  • Volunteers Part I, line 614

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
TODD'S SERVICES LANDSCAPING
Landscaping
$208,673
BOONE & DARR INC
Plumbing/boilers contractor
$136,236
ORANGE EGG ADVERTISING INC
Advertising
$116,340

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Silver Maples of Chelsea's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Silver Maples of Chelsea, you can publish a response that is linked from this page.

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Questions people ask

How much of Silver Maples of Chelsea's spending goes to programs?

In calendar year 2024, Silver Maples of Chelsea reported that 87.2% of its $10.0 million in expenses went to program services, 12.1% to management and general and 0.7% to fundraising (Form 990, Part IX).

How much does Silver Maples of Chelsea pay its top executive?

The largest total compensation Silver Maples of Chelsea reported for one person in calendar year 2024 was $225,313, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Silver Maples of Chelsea get its money?

Of $11.1 million in revenue in calendar year 2024, 1.9% came from contributions and grants and 95.3% from program service revenue (Form 990, Part VIII).

Is Silver Maples of Chelsea a registered charity?

The IRS lists EIN 38-3258132 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202511549349300421 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202401919349301490 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202321359349306987 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202211319349301031 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202121309349303352 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013219349311551 · read the filing

All filings for EIN 38-3258132: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.