Cornerstone Elderly Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,308,086 | 2,222,578 | 85,508 | -12.6 | 11% |
| 2012 | 2,308,765 | 2,173,295 | 135,470 | -12.2 | 14% |
| 2013 | 9,443,008 | 524,341 | 8,918,667 | 153.7 | 14% |
| 2014 | 505,329 | 36,593 | 468,736 | 2437.3 | 0% |
| 2015 | 1,798,779 | 38,407 | 1,760,372 | 2872.2 | 0% |
| 2016 | 451,651 | 883,988 | −432,337 | 118.9 | 0% |
| 2017 | 480,460 | 32,922 | 447,538 | 3356.3 | 0% |
| 2018 | 509,289 | 0 | 509,289 | — | — |
| 2019 | 502,846 | 0 | 502,846 | — | — |
| 2020 | 498,497 | 0 | 498,497 | — | — |
| 2021 | 717,308 | 0 | 717,308 | — | — |
| 2022 | 643,464 | 0 | 643,464 | — | — |
| 2023 | 688,950 | 0 | 688,950 | — | — |
In its most recent public year (2023), this organization brought in $688,950 more than it spent.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Cornerstone Elderly Housing Development Fund Company Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works