Senior Citizen Housing Corporation Of Scotch Plains
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 978,902 | 995,967 | −17,065 | -15.1 | 8% |
| 2012 | 1,065,204 | 939,039 | 126,165 | -14.4 | 8% |
| 2013 | 1,020,174 | 925,737 | 94,437 | -13.4 | 8% |
| 2014 | 1,633,699 | 949,405 | 684,294 | -4.3 | 8% |
| 2015 | 1,036,762 | 971,446 | 65,316 | -3.2 | 8% |
| 2016 | 1,054,171 | 971,358 | 82,813 | -2.1 | 9% |
| 2017 | 1,076,778 | 962,421 | 114,357 | -0.6 | 9% |
| 2018 | 1,068,346 | 1,000,260 | 68,086 | 0.3 | 9% |
| 2019 | 1,095,215 | 951,740 | 143,475 | 2.1 | 7% |
| 2020 | 1,237,776 | 1,008,067 | 229,709 | 4.7 | 9% |
| 2021 | 1,237,756 | 993,151 | 244,605 | 7.7 | 7% |
| 2022 | 1,141,318 | 1,070,238 | 71,080 | 8.0 | 10% |
| 2023 | 1,209,540 | 1,136,907 | 72,633 | 8.3 | 9% |
In its most recent public year (2023), this organization brought in $72,633 more than it spent. Its reserves stood at about 8.3 months of spending, up from -15.1 in 2011. Staff pay was 9% 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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