Sayreville Housing For Seniors Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 983,584 | 929,839 | 53,745 | 8.9 | 8% |
| 2021 | 992,162 | 975,199 | 16,963 | 8.7 | 7% |
| 2022 | 1,089,381 | 1,017,894 | 71,487 | 9.2 | 6% |
| 2023 | 1,143,008 | 723,027 | 419,981 | 19.9 | 8% |
In its most recent public year (2023), this organization brought in $419,981 more than it spent. Its reserves stood at about 19.9 months of spending, up from 8.9 in 2020. Staff pay was 8% 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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