Parsippany Troy Hills Senior Citizens Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,420,936 | 2,100,814 | 320,122 | 46.4 | 13% |
| 2011 | 2,382,491 | 2,075,687 | 306,804 | 48.8 | 13% |
| 2012 | 2,498,180 | 1,928,044 | 570,136 | 56.1 | 14% |
| 2013 | 2,605,561 | 1,854,411 | 751,150 | 64.0 | 16% |
| 2014 | 2,634,512 | 1,916,754 | 717,758 | 67.1 | 15% |
| 2015 | 2,700,795 | 1,979,469 | 721,326 | 68.5 | 14% |
| 2016 | 2,768,821 | 1,963,931 | 804,890 | 75.6 | 15% |
| 2017 | 2,991,398 | 2,062,556 | 928,842 | 82.8 | 15% |
| 2018 | 3,117,830 | 2,272,221 | 845,609 | 76.3 | 14% |
| 2019 | 3,343,262 | 2,198,529 | 1,144,733 | 92.0 | 16% |
| 2020 | 3,348,427 | 2,409,491 | 938,936 | 95.4 | 14% |
| 2021 | 3,337,566 | 2,511,371 | 826,195 | 103.1 | 15% |
| 2022 | 3,469,902 | 2,755,079 | 714,823 | 85.1 | 15% |
| 2023 | 3,512,259 | 2,723,114 | 789,145 | 98.0 | 16% |
In its most recent public year (2023), this organization brought in $789,145 more than it spent. Its reserves stood at about 98 months of spending, up from 46.4 in 2010. 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
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