SILVER MAPLES OF CHELSEA Charity Report

Public IRS 990 nonprofit record

SILVER MAPLES OF CHELSEA

EIN 38-3258132 · Senior Citizens Housing & Retirement Communities (L22)

What they do

SILVER MAPLES of CHELSEA RETIREMENT NEIGHBORHOOD is A VIBRANT COMMUNITY THAT EXCELS AT CREATING and SUPPORT A POSITIVE AGING EXPERIENCE. SILVER MAPLES of CHELSEA WILL PROMOTE ENRICHING EXPERIENCES to INSPIRE PERSONAL GROWTH, CREATE OPPORTUNITIES to DEVELOP MEANINGFUL RELATIONSHIPS AMONG FRIENDS, FAMILY and COMMUNITY and PROVIDE A HEALTHY, SECURE and SUPPORTIVE PLACE to CALL HOME. OUR MISSION and VISION is CLEARLY ALIGNED WITH OUR PARTNERS, THE 5 HEALTHY TOWNS ORGANIZATION and SILVER MAPLES, INC. THE MISSION of THE 5 HEALTHY TOWNS is to CULTIVATE IMPROVEMENTS IN PERONAL and COMMUNITY WELLNESS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.71%of revenue went to mission work87.2% of expenses · Program services

0.59%of revenue went to fundraising0.7% of expenses

$90.22spent for every $100 of revenueRevenue covered expenses this year.

10.92%of revenue went to management and office costs12.1% of expenses

$4.02in assets for every $1 spent this yearSome assets cannot be spent right away.

1.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $225,313 for JULIE A DEPPNER - FORMER (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,085,896

Mission workProgram services$8,726,03378.71% of revenue87.2% of expenses

ManagementOffice and general costs$1,210,79010.92% of revenue12.1% of expenses

FundraisingAsking for donations$65,3690.59% of revenue0.7% of expenses

Revenue left after expensesReported annual surplus$1,083,7049.78% of revenueShown in gray on the chart

Total expenses$10,002,19290.22% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 87.2% mission · 12.1% management · 0.7% fundraisingTotal expenses: 90.22% of revenue

2023Expense mix: 89.6% mission · 9.9% management · 0.5% fundraisingTotal expenses: 96.23% of revenue

2022Expense mix: 87.9% mission · 11.6% management · 0.6% fundraisingTotal expenses: 70.39% of revenue

2021Expense mix: 87.4% mission · 11.9% management · 0.7% fundraisingTotal expenses: 77.51% of revenue

2020Expense mix: 87.5% mission · 11.8% management · 0.7% fundraisingTotal expenses: 87.42% of revenue

2019Expense mix: 88.6% mission · 11.3% management · 0.1% fundraisingTotal expenses: 85.11% of revenue

2018Expense mix: 89.4% mission · 10.6% management · 0.0% fundraisingTotal expenses: 81.39% of revenue

2017Expense mix: 89.2% mission · 10.4% management · 0.4% fundraisingTotal expenses: 85.19% of revenue

Money in and money out

Revenue$11,085,896

Expenses$10,002,192

Annual surplus $1,083,704 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$8,726,033 · 87.2% of expenses

Management and office costs$1,210,790 · 12.1% of expenses

Fundraising$65,369 · 0.7% of expenses

See all reported dollar amounts

Revenue$11,085,896

Expenses$10,002,192

Assets$40,199,477

Income$15,880,977

Contributions$215,023

Mission work (program services)$8,726,033

Fundraising$65,369

Management and general$1,210,790

Executive compensation (total)$179,478

Stocks and bonds$13,959,556

Investing fees$67,847

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JULIE A DEPPNER - FORMERPRESIDENT AND CEO · 40 hrs/week $225,313Base $224,849 · Other $464

CHRISTINA M KIMV.P. SALES/MARKETING · 40 hrs/week $133,693

JOANNE DOBRY REYNOLDSV.P. HUMAN RESOURCES · 40 hrs/week $127,402

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

JULIE A DEPPNER - FORMERPRESIDENT AND CEO

CHRISTINA M KIMV.P. SALES/MARKETING

JOANNE DOBRY REYNOLDSV.P. HUMAN RESOURCES

ELIZABETH PIELSTICKERDIRECTOR

ERIK STALHANDSKEDIRECTOR

JAMES RANDOLPHDIRECTOR

JESSICA STUBBSDIRECTOR

STEVE PETTYCHAIR

TODD RAEHTZTREASURER

About this charity

Recognized since: January 1995
Location: 100 SILVER MAPLES DR, CHELSEA, MI 48118-1186
County: Washtenaw
In care of: % ARTHUR DILS
Primary officer: HOLLY RIDENOUR, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@silvermaples.org Phone(734) 475-4111

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Senior Citizens Housing & Retirement Communities (L22)
IRS tax category: Senior Citizens Housing & Retirement Communities