Mt Si Senior Center
Nonprofit profile at a glance
- EIN
- 911009419
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- North Bend, WA, USA
- Phone
- 4258883434
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $4,957,560
- Expenses
- $4,807,759
- Assets
- $9,780,778
- Liabilities
- $7,463,124
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Mary Barrett (President)
- Kenneth Hearing (Vice President/Treasurer)
People named in this filing
- Mary Barrett (President)
- Kenneth Hearing (Vice President/Treasurer)
- Paul Antoine Briet (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mt. Si Senior Center (a Washington State nonprofit corporation), including the activities of Snoqualmie Valley Transportation and Cascade Park Apartments, as well as its wholly owned subsidiary, Sno Ridge Apartments, LLC (a limited liability company), collectively "the Organization", is organized to empower and support community members in the Snoqualmie Valley through holistic services, including wellness programs, lifelong learning, social connection, Snoqualmie Valley Transportation, senior housing, and senior advocacy, collaborating with partners to ensure that everyone can thrive as they age.
What it reported doing in 2024
The Organization operates a 28-unit apartment complex, known as Cascade ParkApartments, in North Bend, Washington. Cascade Park Apartments is regulated by the United States Department of Agriculture, Rural Development (USDA-RD) which has restrictions on eligible tenants, rent charges and operating methods. The Organization receives rental subsidy and an interest credit as part of its agreements with USDA-RD. Sno Ridge Apartments LLC owns and operates a 40-unit apartment complex, known as Sno Ridge Apartments, in North Bend, Washington. Sno Ridge Apartments is regulated by the United States Department of Housing and Urban Development (HUD) which hasrestrictions on eligible tenants, rent charges and operating methods. The Organization receives rental subsidy as part of its agreements with HUD.
Operating model
- Revenue model
- Grant-funded. 85% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 85
- Accountability: 88
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.1%; rating input score 86
- Program expense ratio: 88.8%; rating input score 89
- Fundraising efficiency: $103.32 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 2.03; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.76; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 8.7% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 10.4% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 14.6% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 86.1% of revenue deployed · 88.8% of spending went to programs
- Governance: 5 of 5 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $4.3M in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 5 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 45/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 11/100.