Senior Housing Development Corp Of Gloucester County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 623,638 | 427,967 | 195,671 | 412.4 | 0% |
| 2021 | 635,915 | 1,344,549 | −708,634 | 124.9 | 0% |
| 2022 | 672,269 | 739,021 | −66,752 | 226.2 | 0% |
| 2023 | 706,982 | 922,651 | −215,669 | 178.4 | 0% |
In its most recent public year (2023), this organization spent $215,669 more than it brought in. Its reserves stood at about 178.4 months of spending, down from 412.4 in 2020. Staff pay was 0% 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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