Oelwein Senior Citizens Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 243,716 | 205,895 | 37,821 | 33.6 | 0% |
| 2021 | 245,057 | 208,318 | 36,739 | 35.3 | 0% |
| 2022 | 243,812 | 211,518 | 32,294 | 36.6 | 0% |
| 2023 | 239,433 | 228,177 | 11,256 | 34.5 | 0% |
In its most recent public year (2023), this organization brought in $11,256 more than it spent. Its reserves stood at about 34.5 months of spending. 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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