Evangelical Retirement Homes Of Greater Chicago Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 46,247,835 | 49,454,635 | −3,206,800 | -11.8 | 32% |
| 2013 | 46,400,227 | 50,438,130 | −4,037,903 | -12.4 | 31% |
| 2014 | 47,923,785 | 52,874,435 | −4,950,650 | -12.9 | 31% |
| 2015 | 52,340,400 | 55,861,193 | −3,520,793 | -13.1 | 31% |
| 2016 | 52,632,912 | 57,605,921 | −4,973,009 | -14.0 | 32% |
| 2017 | 54,699,551 | 58,799,747 | −4,100,196 | -14.7 | 31% |
| 2018 | 55,067,760 | 61,403,891 | −6,336,131 | -17.0 | 32% |
| 2019 | 54,805,688 | 64,167,742 | −9,362,054 | -16.8 | 31% |
| 2020 | 56,946,884 | 64,790,799 | −7,843,915 | -18.4 | 31% |
| 2021 | 58,714,137 | 61,746,353 | −3,032,216 | -19.5 | 31% |
| 2022 | 50,606,372 | 60,560,851 | −9,954,479 | -22.1 | 30% |
| 2023 | 50,389,165 | 64,254,635 | −13,865,470 | -23.4 | 27% |
In its most recent public year (2023), this organization spent $13,865,470 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-23.4 months), down from -11.8 in 2012. Staff pay was 27% 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
Evangelical Retirement Homes Of Greater Chicago 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