Elderly Housing Development And Operations Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 494,531 | 491,782 | 2,749 | -1.2 | 9% |
| 2013 | 490,474 | 523,286 | −32,812 | -1.9 | 9% |
| 2014 | 502,847 | 525,340 | −22,493 | -2.4 | 11% |
| 2015 | 503,872 | 540,526 | −36,654 | -3.1 | 15% |
| 2016 | 515,433 | 549,526 | −34,093 | -3.8 | 10% |
| 2017 | 539,315 | 544,384 | −5,069 | -4.0 | 14% |
| 2018 | 529,184 | 564,962 | −35,778 | -4.6 | 16% |
| 2019 | 524,773 | 502,677 | 22,096 | -4.6 | 10% |
| 2020 | 552,274 | 534,163 | 18,111 | -3.9 | 17% |
| 2021 | 557,041 | 534,809 | 22,232 | -3.4 | 11% |
| 2022 | 534,552 | 578,371 | −43,819 | -4.1 | 15% |
| 2023 | 588,086 | 632,770 | −44,684 | -4.6 | 12% |
In its most recent public year (2023), this organization spent $44,684 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.6 months), down from -1.2 in 2012. Staff pay was 12% 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
Elderly Housing Development And Operations Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works