Sjmc Senior Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 828,831 | 1,066,599 | −237,768 | -47.1 | 19% |
| 2021 | 875,670 | 1,078,410 | −202,740 | -48.9 | 23% |
| 2022 | 1,316,454 | 1,209,724 | 106,730 | -42.5 | 22% |
| 2023 | 987,732 | 1,193,575 | −205,843 | -45.1 | 23% |
In its most recent public year (2023), this organization spent $205,843 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-45.1 months), up from -47.1 in 2020. Staff pay was 23% of spending.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works