Greater Hanover Housing Corporation For The Aged And The Handicapped
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 843,287 | 775,699 | 67,588 | 34.9 | 21% |
| 2013 | 825,891 | 751,380 | 74,511 | 37.2 | 24% |
| 2014 | 815,239 | 787,784 | 27,455 | 35.9 | 22% |
| 2015 | 774,147 | 805,049 | −30,902 | 34.7 | 23% |
| 2016 | 795,073 | 822,894 | −27,821 | 33.6 | 23% |
| 2017 | 809,201 | 846,521 | −37,320 | 32.1 | 24% |
| 2018 | 840,256 | 828,161 | 12,095 | 33.0 | 26% |
| 2019 | 890,484 | 882,451 | 8,033 | 31.1 | 24% |
| 2020 | 944,078 | 794,255 | 149,823 | 36.8 | 25% |
| 2021 | 994,155 | 884,090 | 110,065 | 34.5 | 28% |
| 2022 | 1,655,955 | 875,949 | 780,006 | 45.5 | 29% |
| 2023 | 1,071,899 | 1,000,946 | 70,953 | 40.7 | 29% |
| 2024 | 1,302,798 | 1,110,788 | 192,010 | 38.7 | 29% |
In its most recent public year (2024), this organization brought in $192,010 more than it spent. Its reserves stood at about 38.7 months of spending, up from 34.9 in 2012. Staff pay was 29% 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 2024. 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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