Village East Retirement Communityinc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 549,297 | 644,268 | −94,971 | 0.2 | 9% |
| 2012 | 710,667 | 664,896 | 45,771 | 1.1 | 9% |
| 2013 | 568,200 | 772,220 | −204,020 | -2.3 | 12% |
| 2014 | 673,681 | 857,748 | −184,067 | -4.6 | 16% |
| 2015 | 642,907 | 806,028 | −163,121 | -7.7 | 10% |
| 2016 | 701,734 | 830,507 | −128,773 | -9.1 | 11% |
| 2017 | 677,537 | 945,668 | −268,131 | -12.8 | 14% |
| 2018 | 702,380 | 1,046,649 | −344,269 | -10.4 | 16% |
| 2019 | 641,293 | 985,368 | −344,075 | -15.2 | 20% |
| 2020 | 599,249 | 1,008,087 | −408,838 | -19.8 | 21% |
| 2021 | 848,285 | 1,078,695 | −230,410 | -20.0 | 20% |
| 2022 | 862,880 | 1,262,323 | −399,443 | -21.8 | 19% |
| 2023 | 833,015 | 1,411,034 | −578,019 | -24.8 | 16% |
In its most recent public year (2023), this organization spent $578,019 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-24.8 months), down from 0.2 in 2011. Staff pay was 16% 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
Village East Retirement Communityinc'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