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Filing year 2024

SILVER MAPLES OF CHELSEA

Chelsea, Michigan·EIN 38-3258132·NTEE L22 · Housing & Shelter·501(c)(3)
Total revenue
$11.1M
Total assets
$40.2M
Total expenses
$10M
Reported officers
9
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Michigan.

President and CEO
Above 90th percentile
$225k
$242k
Base
$167k
Bonus
$35k
Other
$24k
Benefits
$464
V.p. Sales/marketing
Highest Compensated Employee
75th to 90th percentile
$134k
$144k
V.p. Human Resources
Highest Compensated Employee
75th to 90th percentile
$127k
$137k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SILVER MAPLES OF CHELSEA equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
2%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 9%
from 2023

From $247k in 2023 to $225k in 2024.

$247k
2023
$225k
2024
In today's dollarsEst.
Down 11% in real terms$273k to $242k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 9% from 2023 to 2024, while revenue rose 11%.

$247k in 2023 to $225k in 2024.
  • Highest Compensated Employee pay rose 16% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about SILVER MAPLES OF CHELSEA

What does the Chief Executive Officer of SILVER MAPLES OF CHELSEA earn?

In 2024, the Chief Executive Officer of SILVER MAPLES OF CHELSEA received $225,313 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SILVER MAPLES OF CHELSEA compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Michigan, the 2024 pay of the Chief Executive Officer at SILVER MAPLES OF CHELSEA falls in the top 10%. In 2024, the highest total compensation at SILVER MAPLES OF CHELSEA equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are SILVER MAPLES OF CHELSEA's revenue and expenses?

In 2024, SILVER MAPLES OF CHELSEA reported $11.1M in total revenue and $10M in total expenses on its IRS Form 990.

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