2025-05-07T10:34:28-05:00 2024-06-30 341874260 CBIZ ADVISORS LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2023-07-01 237109922 SILVER KEY SENIOR SERVICES INC SILV 7198842300 1625 S MURRAY BLVD COLORADO SPRINGS CO 80916 JASON DEABUENO PRESIDENT & CEO 7198842300 2025-05-01 1 1 LISA BURKE P00220718 8169455500 2025-05-01 2023 2025-03-06 01:10:19Z JASON DEABUENO 1625 S MURRAY BLVD COLORADO SPRINGS CO 80916 14155622 0 X WWW.SILVERKEY.ORG X 1970 CO SUPPORTS SENIORS' QUALITY OF LIFE, HELPING THEM AGE SAFELY WITH DIGNITY, INDEPENDENCE, & CHOICE. 7 7 100 557 8939 0 2970648 10868127 3601833 683393 296421 920341 1608832 194394 8477734 12666255 1639165 1670782 0 0 3539214 3610081 0 0 313859 2783911 2704323 7962290 7985186 515444 4681069 15211662 19380888 1675868 686915 13535794 18693973 X SILVER KEY SENIOR SERVICES SUPPORTS A HEALTHY QUALITY OF LIFE FOR SENIORS BY PROVIDING A COMPREHENSIVE WRAPAROUND MODEL OF NUTRITION, TRANSPORTATION, CASE MANAGEMENT, SOCIAL CONNECTION, AND EDUCATION SERVICES. (EXPANDED MISSION ON SCHEDULE O)IN PARTNERSHIP WITH STAKEHOLDERS AND VOLUNTEERS, SILVER KEY EMPOWERS SENIORS TO AGE IN PLACE SAFELY, WITH DIGNITY AND INDEPENDENCE, WHILE ADDRESSING BOTH IMMEDIATE AND LONG-TERM NEEDS THROUGH HOLISTIC AND COMPASSIONATE CARE. 1 0 3195014 1284251 240241 SILVER KEY PROVIDES MULTIPLE NUTRITION PROGRAMS TO SUPPORT FOOD SECURITY AND SOCIAL CONNECTION AMONG SENIORS. DURING THE YEAR ENDED JUNE 30, 2024:- HOME DELIVERED MEALS AND MEALS ON WHEELS PROGRAMS DELIVERED 39,473 MEALS TO HOMEBOUND SENIORS.- 56,837 MEALS WERE SERVED AT 13 SILVER KEY CONNECTIONS CAFS, PROVIDING NUTRITIOUS MEALS AND FELLOWSHIP.- SILVER KEY'S FOOD PANTRY DISTRIBUTED 24,060 FOOD BOXES AND 783,222 POUNDS OF FOOD, HELPING OVER 1,600 CLIENTS MONTHLY, INCLUDING PARTICIPANTS IN CSFP AND TEFAP. 1973577 428 SILVER KEY RESERVE & RIDE PROVIDES ADA-ACCESSIBLE TRANSPORTATION FOR SENIORS ACROSS THE PIKES PEAK REGION. SERVICES SUPPORT TRIPS TO MEDICAL APPOINTMENTS, GROCERY STORES, COMMUNITY MEALS, AND SOCIAL OUTINGS. VEHICLES ACCOMMODATE MOBILITY AIDS INCLUDING WHEELCHAIRS AND WALKERS. DURING THE YEAR ENDING JUNE 30, 2024, 33,446 RIDES WERE PROVIDED. THE PROGRAM HELPS SENIORS REMAIN MOBILE AND INDEPENDENT, WITH OVER 18,478 MILES DRIVEN MONTHLY BY 17 STAFF AND 33 VOLUNTEER DRIVERS ACROSS A FLEET OF 51 VEHICLES. 1727771 386103 145787 SILVER KEY'S HEALTH & WELLNESS SERVICES INCLUDE CASE MANAGEMENT, BEHAVIORAL HEALTH COUNSELING, AND RESOURCE NAVIGATION. SERVICES ARE DESIGNED TO ASSESS AND SUPPORT SENIORS' INDEPENDENCE THROUGH COORDINATED REFERRALS AND FINANCIAL ASSISTANCE. DURING THE YEAR ENDED JUNE 30, 2024, 2,986 CLIENTS RECEIVED INDIVIDUALIZED CARE PLANS AND SUPPORT. THE SILVER LINE, SILVER KEY'S CALL CENTER, HANDLED OVER 30,368 CALLS, LINKING CLIENTS TO ESSENTIAL SERVICES. ADDITIONAL SERVICES INCLUDED DURABLE MEDICAL EQUIPMENT AND ADVANCED CARE PLANNING THROUGH THE FIVE WISHES PROGRAM. 338747 -5802 OTHER PROGRAM SERVICE ACTIVITIES:- SILVER KEY THRIFT STORES: COMMUNITY DONATIONS AND PURCHASES SUPPORT SILVER KEY'S MISSION. STORES ALSO DISTRIBUTE CLEAN, USED DURABLE MEDICAL EQUIPMENT. SALES TOTALED $292.980 DURING THE FISCAL YEAR.- VOLUNTEER SERVICES: 559 ACTIVE VOLUNTEERS CONTRIBUTED OVER 55,346 HOURS SUPPORTING MEALS, RIDES, COMPANIONSHIP, AND EVENTS.- SOCIAL CONNECTIONS & EDUCATION: NEARLY 9,041 VISITS WERE MADE TO SILVER KEY SENIOR CENTERS FOR FITNESS, HOBBY GROUPS, AND EDUCATIONAL WORKSHOPS. NEW OFFERINGS INCLUDED DIGITAL LITERACY SUPPORT AND CAREGIVER TRAINING. 297365 APARTMENTS:IN 2024, SILVER KEY PROUDLY ADVANCED ITS COMMITMENT TO AFFORDABLE SENIOR HOUSING BY INITIATING CONSTRUCTION ON THE NEW SILVER KEY APARTMENTS. THIS PROJECT MARKED A SIGNIFICANT MILESTONE IN EXPANDING SAFE, SUPPORTIVE LIVING OPTIONS FOR OLDER ADULTS IN OUR COMMUNITY. THROUGH DEDICATED COLLABORATION WITH CONTRACTORS, PROPERTY MANAGERS, AND COMMUNITY PARTNERS, CONSTRUCTION REMAINED ON SCHEDULE, AND THE LEASE-UP PROCESS PROGRESSED STEADILY THROUGHOUT 2024. BY DECEMBER 2024, ALL 50 UNITS WERE FULLY LEASED, SUCCESSFULLY MEETING OUR GOAL TO PROVIDE QUALITY HOUSING FOR LOW-INCOME SENIORS, INCLUDING PRIORITIZED SUPPORT FOR VETERAN RESIDENTS. THIS ACHIEVEMENT REFLECTS SILVER KEY'S LONG-TERM VISION AND COMMITMENT TO AGING WITH DIGNITY. 338747 291563 7235109 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 20 0 1 100 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 CO X X THE ORGANIZATION 7198842300 1625 S MURRAY BLVD COLORADO SPRINGS CO 80916 DICK WILHELM CHAIR 1.00 0.00 X X 0 0 0 LAURA KRONICK VICE CHAIR 1.00 0.00 X X 0 0 0 STEVE NOBLITT SECRETARY 1.00 0.00 X X 0 0 0 LAUREN BURRUS TREASURER 1.00 0.00 X X 0 0 0 CARI KARNS FOUNDATION LIASON 1.00 1.00 X 0 0 0 BEATRIZ ARSUAGA DIRECTOR 1.00 0.00 X 0 0 0 SHAHERA SHALABI DIRECTOR 1.00 0.00 X 0 0 0 DAVE BUNKERS DIRECTOR (TERM END 12/31/23) 1.00 2.00 X 0 0 0 MARIE LAMBERT DIRECTOR (TERM END 7/7/23) 1.00 0.00 X 0 0 0 JASON DEABUENO PRESIDENT & CEO 40.00 2.00 X 117397 0 36732 VALERIE ANDERS CFO 40.00 2.00 X 105136 0 13813 222533 0 50545 2 0 1 0 0 30224 324248 6753338 3760317 1653649 10868127 DEVELOPER FEES 531390 297365 297365 HOME DELIVERED MEALS 624210 240241 240241 SENIOR SERVICES 624100 145787 145787 683393 273957 273957 337634 154684 182950 182950 8939 174011 190195 1500000 53590 990221 136605 509779 646384 646384 285070 290872 -5802 -5802 17246 17246 17246 12666255 677591 8939 1111598 1670782 1670782 277528 247451 15214 14863 2719577 2372180 183361 164036 62144 52838 5286 4020 289866 265145 20207 4514 260966 228746 16661 15559 42500 15300 27200 8191 8191 220517 205408 4949 10160 33412 5510 690 27212 415734 385488 10090 20156 273042 228426 20916 23700 459447 398938 43692 16817 379259 376134 1566 1559 201972 199531 1284 1157 525562 452616 64641 8305 67528 53457 12270 1801 FOOD FOR DELIVERY 366431 366431 BAD DEBT EXPENSE 9450 9450 UNFUNDED ASSISTANCE -298722 -298722 7985186 7235109 436218 313859 448138 528752 541496 179749 2069835 237267 141250 162258 9544809 4759717 5908321 4785092 1411412 2966114 4691210 10521656 15211662 19380888 602766 318442 667531 180590 405571 187883 1675868 686915 X 8833798 13507375 4701996 5186598 13535794 18693973 15211662 19380888 X 4681069 37636 439474 X 0 0 0 X 3725939 3114973 4485206 4479952 10868127 26674197 3725939 3114973 4485206 4479952 10868127 26674197 1253369 25420828 330587 499120 545070 607301 595094 2577172 29251369 15852470 0.86900 0.84870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8534655 1404210 1220390 324248 50524 10784483 8088351 797302 306397 44601 8534655 9412851 -956027 312374 56099 8088351 7726928 2047638 312374 49341 9412851 8155580 156481 -20715 319789 156481 48148 7766928 0.27521 0.72479 0.00000 0 1 1 380000 380000 5834659 2115077 3719582 3002525 2461419 541106 327625 183221 144404 4785092 BENEFICIAL INTEREST IN CHARITABLE TRUSTS 5096509 DUE FROM FOUNDATION 79704 NOTES RECEIVABLE - SILVER KEY APARTMENTS LLLP 5345443 10521656 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT CONSISTS OF BOTH DONOR-RELATED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARDS OF DIRECTORS TO FUNCTION AS ENDOWMENTS. THE ORGANIZATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. 1 CLIENT RENTAL ASSISTANCE 15 117057 0 N/A N/A UNASSISTED RIDES 157 0 4621 RIDES OR MILES UNASSISTED RIDES ASSISTED RIDES 122 0 4717 RIDES OR MILES ASSISTED RIDES SCREENINGS 2401 0 60955 UNIT COST SCREENING SESSIONS CASE MANAGEMENT SESSIONS 786 0 49167 UNIT COST CASE MANAGEMENT SESSIONS 5 WISHES SESSIONS 31 0 5156 UNIT COST 5 WISHES SESSIONS GENERAL MERCHANDISE VOUCHERS 117 0 3470 THRIFT STORE PRICES GENERAL MERCHANDISE VOUCHERS HEALTH EQUIPMENT OR DME VOUCHERS 236 0 2029 THRIFT STORE PRICES HEALTH EQUIPMENT OR DME VOUCHERS RESPITE, COMPANIONSHIP, BH SERVICES 564 0 25691 UNIT PRICES SESSIONS WITH OR WITHOUT MEALS NUTRITION COUNSELING 116 0 4869 UNIT PRICING SESSIONS WITH REGISTERED DIETRICIAN NUTRITIONAL EDUCATION 515 0 681 UNIT PRICING NUTRITIONAL EDUCATION HOME DELIVERED MEALS 173 0 2059 UNIT PRICING HOME DELIVERED MEALS CONGREGATE MEALS 4343 0 45602 UNIT PRICING CONGREGATE MEALS CALLS OF REASSURANCE 10407 0 94260 UNIT PRICING CALLS OF REASSURANCE FOOD PANTRY 2809 0 1250448 CARE & SHARE FOOD RATES FOOD PART I, LINE 2: THE CHIEF GRANTS AND COMPLIANCE OFFICER OF SILVER KEY SENIOR SERVICES, INC. ('SKSS') USES A COMPUTER SOFTWARE THAT TRACKS THE AMOUNT AND TYPE OF ASSISTANCE A CLIENT RECEIVES. SKSS USES A SET OF CRITERIA TO ASCERTAIN THAT THE CLIENT IS IN NEED. SKSS RE-EVALUATES THE ELIGIBILITY OF THE CLIENTS ON A PERIODIC BASIS THROUGH REGULAR FOLLOW UP. THE SOFTWARE HAS THE CAPABILITY TO TRACK THE AMOUNTS SPENT OR APPLIED AGAINST A GRANT THAT SKSS RECEIVED FOR A SPECIFIC PURPOSE. VOUCHERS ARE GIVEN IN THE THRIFT STORE FOR DME AND OTHER HOUSEHOLD GOODS. RENTAL ASSISTANCE IS PAID DIRECTLY TO THE CLIENT'S LANDLORD. X X X 0 0 0 0 0 0 0 0 0 JASON DEABUENO PRESIDENT & CEO 116997 0 400 0 0 0 4176 0 32556 0 154129 0 0 0 X 290029 THRIFT VALUE X 1 24000 FMV X 807569 1286352 CARE & SHARE RATE X FLOWERS 3229 32286 FMV X GIFT CARDS 1 14146 FMV X SUPPLIES 1 6836 FMV 0 0 0 0 PART I, COLUMN (B): LINE 6, COLUMN (B) REPRESENTS THE NUMBER OF VEHICLES DONATED. LINE 19, COLUMN (B) REPRESENTS THE ESTIMATED NUMBER OF POUNDS CONTRIBUTED. LINE 25, COLUMN (B), FLOWERS REPRESENTS TOTAL NUMBER OF FLOWERS DONATED. LINE 25, COLUMN (B), GIFT CARDS AND SUPPLIES REPRESENTS TOTAL NUMBER OF CONTRIBUTIONS. FORM 990, PART III, LINE 2 IN 2024, SILVER KEY PROUDLY ADVANCED ITS COMMITMENT TO AFFORDABLE SENIOR HOUSING BY INITIATING CONSTRUCTION ON THE NEW SILVER KEY APARTMENTS. (DISCUSSED IN FURTHER DETAIL ON SCHEDULE O UNDER PART III, LINE 4D, OTHER PROGRAMS) SILVER KEY LAUNCHED A DIGITAL EXPERIENCE HUB PROVIDING SENIORS WITH TECHNOLOGY ACCESS AND TRAINING THROUGH COMPUTER LABS AND ONLINE LEARNING. NEW EDUCATIONAL PROGRAMMING ALSO INCLUDED CAREGIVER SUPPORT CLASSES AND MENTAL HEALTH FIRST AID WORKSHOPS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE ELECTED OFFICERS OF THE BOARD OF DIRECTORS TOGETHER WITH THE IMMEDIATE PAST CHAIRPERSON OF THE BOARD OF DIRECTORS. THE CHAIRPERSON OF THE BOARD CHAIRS THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL THE POWERS OF THE BOARD OF DIRECTORS WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, SUBJECT TO RATIFICATION BY THE BOARD OF DIRECTORS AT ITS NEXT REGULAR MEETING. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS EMAILED TO THE ENTIRE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, AND EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY, IDENTIFYING ANY CIRCUMSTANCE THAT MAY GIVE RISE TO A POSSIBLE CONFLICT OF INTEREST. COMPLETION OF THIS FORM IS A PREREQUISITE FOR PARTICIPATION IN ANY SILVER KEY SENIOR SERVICES ACTIVITIES. THE CHAIR OF THE ETHICS COMMITTEE REVIEWS AND MAINTAINS THE DISCLOSURES. INDIVIDUALS ARE REQUIRED TO CONTACT THE CHAIR TO UPDATE OR AMEND THEIR DISCLOSURE FORMS AS CIRCUMSTANCES CHANGE. IF THERE IS A CONFLICT OF INTEREST WITH A BOARD MEMBER ON ANY ITEM THAT REQUIRES A BOARD VOTE, THAT MEMBER IS REQUIRED TO EXCUSE THEMSELVES FROM THE VOTE. FORM 990, PART VI, SECTION B, LINE 15A OFFICER COMPENSATION IS REVIEWED UTILIZING COMPARABILITY DATA TO ASCERTAIN THAT THE LEVEL OF COMPENSATION IS NOT EXCESSIVE. THE ORGANIZATION UTILIZES COMPENSATION SURVEYS BY MOUNTAIN STATES EMPLOYERS COUNCIL. IN YEARS WHERE THERE ARE NO SALARY INCREASES, THIS DATA IS RELIED UPON FROM THE YEAR BEFORE. THE LATEST COMPENSATION SURVEY WAS CONDUCTED IN EARLY 2025. CEO COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. CFO COMPENSATION IS APPROVED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN CHARITABLE TRUSTS 439,474. SILVER KEY SENIOR LLC 1625 S MURRAY BLVD COLORADO SPRINGS CO 80916 922831297 GENERAL PARTNER IN SILVER KEY APARTMENTS LLLP CO 0 0 SILVER KEY SENIOR SERVICES INC SILVER KEY DEVELOPER LLC 1625 S MURRAY BLVD COLORADO SPRINGS CO 80916 PROPERTY DEVELOPMENT CO 0 0 SILVER KEY SENIOR SERVICES INC SILVER KEY SENIOR SERVICES FOUNDATION INC 1625 S MURRAY BLVD COLORADO SPRINGS CO 80916 841401179 SUPPORTING ORGANIZATION OF SILVER KEY SENIOR SERVICES, INC. CO 501(C)(3) LINE 12A, I SILVER KEY SENIOR SERVICES INC 1 SILVER KEY APARTMENTS LLLP 1625 S MURRAY BLVD COLORADO SPRINGS CO 80916 922573979 SENIOR HOUSING CO SILVER KEY SENIOR SERVICES INC RELATED 2580 0 1 0.00020 0 0 1 1 0 0 1 0 0 0 0 1 0 1 1 0 0 0 0 SILVER KEY SENIOR SERVICES FOUNDATION C 324248 CASH SILVER KEY SENIOR SERVICES FOUNDATION D 79704 PRINCIPAL BALANCE SILVER KEY APARTMENTS LLLP D 5345443 PRINCIPAL BALANCE SILVER KEY APARTMENTS LLLP G 1500000 APPRAISED VALUE SILVER KEY APARTMENTS LLLP L 297365 FAIR MARKET VALUE