Laurel Lake Retirement Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,199,393 | 20,572,473 | 1,626,920 | 0.6 | 36% |
| 2012 | 23,763,508 | 20,843,508 | 2,920,000 | 3.6 | 37% |
| 2013 | 25,609,783 | 21,021,226 | 4,588,557 | 0.0 | 37% |
| 2014 | 24,140,089 | 22,656,621 | 1,483,468 | 0.9 | 35% |
| 2015 | 24,568,343 | 21,411,134 | 3,157,209 | 2.8 | 36% |
| 2016 | 24,655,709 | 21,870,022 | 2,785,687 | 4.3 | 36% |
| 2017 | 26,711,734 | 22,428,551 | 4,283,183 | 6.7 | 36% |
| 2018 | 26,345,147 | 23,497,506 | 2,847,641 | 7.4 | 34% |
| 2019 | 24,879,963 | 23,867,867 | 1,012,096 | 8.1 | 34% |
| 2020 | 25,976,020 | 24,364,467 | 1,611,553 | 8.9 | 30% |
| 2021 | 26,906,563 | 25,091,330 | 1,815,233 | 10.4 | 28% |
| 2022 | 25,377,674 | 25,697,038 | −319,364 | 9.3 | 31% |
| 2023 | 29,916,271 | 26,185,795 | 3,730,476 | 11.1 | 30% |
In its most recent public year (2023), this organization brought in $3,730,476 more than it spent. Its reserves stood at about 11.1 months of spending, up from 0.6 in 2011. Staff pay was 30% 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
Laurel Lake Retirement Community Inc'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