Nonprofit · EIN 38-3258132
SILVER MAPLES OF CHELSEA
Tax-exempt · CHELSEA, MI 48118
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $11,085,896 | $10,002,192 | $1,083,704 | $40,199,477 | $30,224,110 | $9,975,367 |
| December 31, 2023 | 990 | $9,956,188 | $9,581,203 | $374,985 | $39,020,578 | $31,071,096 | $7,949,482 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $215,023
- Program service revenue
- $10,560,665
- Investment income
- $294,528
- Net rental income
- $15,680
- Net gain from sales of assets
- -$55,636
- Other revenue
- $15,680
Expenses
- Grants and similar amounts paid
- $59,464
- Compensation of officers, directors and key employees
- $225,313
- Other salaries and wages
- $3,519,312
- Salaries, compensation and benefits (total)
- $4,747,937
- Professional fundraising fees
- $0
- Occupancy
- $482,650
- Travel
- $19,267
- Depreciation
- $1,932,307
- Program services (functional)
- $8,726,033
- Management and general (functional)
- $1,210,790
- Fundraising (functional)
- $65,369
Balance sheet and other
- Total assets, start of year
- $39,020,578
- Total assets, end of year
- $40,199,477
- Total liabilities, end of year
- $30,224,110
- Net assets, end of year
- $9,975,367
- Land, buildings and equipment
- $23,645,147
- Publicly traded securities
- $13,959,556
- Net assets without donor restrictions
- $8,242,528
- Net assets with donor restrictions
- $1,732,839
- Gross unrelated business income
- $11,896
- Gross receipts
- $15,880,977
- Employees
- 181
- Volunteers
- 14
- Year formed
- 1995
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JULIE A DEPPNER - FORMER | PRESIDENT AND CEO Officer | 40 | $224,849 | $464 |
| CHRISTINA M KIM | V.P. SALES/MARKETING Highest-paid employee | 40 | $133,693 | $0 |
| JOANNE DOBRY REYNOLDS | V.P. HUMAN RESOURCES Highest-paid employee | 40 | $127,402 | $0 |
| ELIZABETH PIELSTICKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIK STALHANDSKE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES RANDOLPH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JESSICA STUBBS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEVE PETTY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TODD RAEHTZ | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE A DEPPNER | PRESIDENT AN Trustee or director, Officer | 40 | $246,759 |
| CHRISTINA M KIM | EMPLOYEE Highest-paid employee | – | $114,763 |
| JOANNE DOBRY REYNOLDS | EMPLOYEE Highest-paid employee | – | $105,321 |
| JIM ALFORD | DIRECTOR Trustee or director | – | $0 |
| STEVE PETTY | DIRECTOR Trustee or director | – | $0 |
| ELIZABETH PIELSTICKER | DIRECTOR Trustee or director | – | $0 |
| TODD RAEHTZ | DIRECTOR Trustee or director | – | $0 |
| JAMES RANDOLPH | DIRECTOR Trustee or director | – | $0 |
| JESSICA STUBBS | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 100 SILVER MAPLES DR, CHELSEA, MI 48118-1186
- In care of
- % ARTHUR DILS
- Principal officer (990 for 2024)
- HOLLY RIDENOUR, 100 SILVER MAPLES DRIVE, CHELSEA, MI 481181186
- Signed the 990
- HOLLY RIDENOUR, PRESIDENT AND CEO
- Phone
- (734) 475-4111
- Website
- WWW.SILVERMAPLES.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
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.
Program accomplishments
- 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 INDEPENDENT LIVING CONDO STYLE HOMES AND APARTMENTS ARE PROVIDED FOR INDIVIDUALS AND COUPLES WHO VALUE COMFORT, CONVENIENCE AND COMMUNITY. SEVERAL DISTINCTIVE OPTIONS ARE AVAILABLE, (CONTINUED ON SCHEDULE O) WITH AMENITIES SUCH AS 10 TO 20 MEALS PER MONTH, UTILITIES, 24-HOUR IN-HOUSE CALL SYSTEMS, MAINTENANCE SERVICES, LOCAL TRANSPORTATION AND A MULTIFACETED EVENT AND ACTIVITY PROGRAM WITH AN EMPHASIS ON OVERALL WELLNESS. THE SILVER LINING FUND IS A PROGRAM CONCEIVED BY AND FOR RESIDENTS OF SILVER MAPLES TO PROVIDE FINANCIAL ASSISTANCE TO ANY RESIDENT WHO OUTLIVES HIS OR HER FINANCIAL ASSETS, ENSURING THEY ALWAYS HAVE A HOME AT SILVER MAPLES. EACH DONATION TO THE SILVER LINING FUND HAS A DIRECT IMPACT ON AN INDIVIDUAL IN NEED. IN ADDITION TO PROVIDING EVENTS AND RESOURCES FOR OUR RESIDENTS, SILVER MAPLES SUPPORTS THE LOCAL COMMUNITY. SILVER MAPLES IS A VERY ACTIVE MEMBER OF THE CHELSEA COMMUNITY AND A MEMBER OF BOTH THE CHELSEA AREA CHAMBER OF COMMERCE AND THE DEXTER AREA CHAMBER OF COMMERCE. SILVER MAPLES SPONSORS AND PARTICIPATES IN MANY LOCATION GROUPS, EVENTS AND ORGANIZATIONS, INCLUDING: ALZHEIMER'S ASSOCIATION, SOUNDS & SIGHTS, THE CHELSEA SENIOR CENTER, THE CHELSEA ROTARY CLUB, TO NAME A FEW. SILVER MAPLES HOSTS SEVERAL CHELSEA ARTIST GUILD AND ANN ARBOR ARTIST GUILD ART DISPLAYS, AS WELL AS MANY CHELSEA ROTARY CLUB AND CHELSEA CHAMBER EVENTS. RESIDENTS AND STAFF OF SILVER MAPLES ARE MEMBERS OF SERVICE ORGANIZATIONS, THE CHELSEA GARDEN CLUB, THE FARM TO TABLE EVENT IN CHELSEA, THE CHELSEA SENIOR CENTER, AND THE CHELSEA ARTISTS GUILD. SEVERAL RESIDENTS ALSO PARTICIPATE IN THE EMERSON SCHOOL MENTORSHIP PROGRAM AND SERVE AS READERS FOR NORTH CREEK ELEMENTARY SCHOOL. THE PRESIDENT AND CEO OF SILVER MAPLES IS AN ACTIVE MEMBER OF THE ROTARY CLUB OF CHELSEA AND SERVES ON THE BOARD OF THE CHELSEA AREA CHAMBER OF COMMERCE, THE CHELSEA HOSPITAL, AND THE CHELSEA SENIOR CENTER.Expenses $8,726,033 · grants $59,464 · revenue $10,560,665
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-3258132
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $40,199,477
- Income (IRS master file)
- $15,880,977
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $11,085,896 | $10,002,192 | $40,199,477 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $9,956,188 | $9,581,203 | $39,020,578 | XML |
| 990 | December 2022 | $13,085,540 | $9,210,585 | $43,214,954 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-3258132).
Questions about SILVER MAPLES OF CHELSEA
- What is the EIN of SILVER MAPLES OF CHELSEA?
- The employer identification number (EIN) of SILVER MAPLES OF CHELSEA is 38-3258132.
- Is SILVER MAPLES OF CHELSEA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to SILVER MAPLES OF CHELSEA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SILVER MAPLES OF CHELSEA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SILVER MAPLES OF CHELSEA due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SILVER MAPLES OF CHELSEA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SILVER MAPLES OF CHELSEA?
- The 990 for the year ended December 31, 2024 names HOLLY RIDENOUR.
- Who are the officers and directors of SILVER MAPLES OF CHELSEA?
- The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $224,849 (JULIE A DEPPNER - FORMER, PRESIDENT AND CEO).
- How much revenue does SILVER MAPLES OF CHELSEA have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $11,085,896, expenses of $10,002,192 and total assets of $40,199,477 at year end.
Other nonprofits in CHELSEA
- SILVER MAPLES INC EIN 93-1743889 · last filed 990-EZ for 2024
- ST JOSEPH MERCY CHELSEA INC EIN 82-4757260 · last filed 990 for 2025
- UNITED METHODIST RETIREMENT COMMUNITIES INC EIN 38-1366908 · last filed 990 for 2025
- UMRCPH INC EIN 38-3358620 · last filed 990 for 2025
- UMRC FOUNDATION INC EIN 38-3443089 · last filed 990 for 2025
- CHELSEA HEALTH AND WELLNESS FOUNDATION EIN 26-3040367 · last filed 990-PF for 2026
- MAIN STREET PARK ALLIANCE EIN 87-4649088 · last filed 990 for 2025
- PURPLE ROSE THEATRE COMPANY EIN 38-2946466 · last filed 990 for 2025