Housing Opportunities & Maintenance For The Elderly Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,407,485 | 1,494,242 | −86,757 | 10.3 | 47% |
| 2012 | 1,322,333 | 1,453,814 | −131,481 | 9.5 | 50% |
| 2013 | 1,259,044 | 1,545,237 | −286,193 | 6.8 | 64% |
| 2014 | 1,471,239 | 1,538,802 | −67,563 | 6.1 | 68% |
| 2015 | 2,096,947 | 1,712,189 | 384,758 | 8.1 | 70% |
| 2016 | 2,994,715 | 1,745,720 | 1,248,995 | 16.5 | 68% |
| 2017 | 2,524,627 | 1,827,259 | 697,368 | 20.6 | 67% |
| 2018 | 2,023,905 | 2,080,461 | −56,556 | 17.8 | 68% |
| 2019 | 2,285,531 | 2,108,558 | 176,973 | 18.3 | 67% |
| 2020 | 2,253,735 | 2,251,866 | 1,869 | 17.4 | 64% |
| 2021 | 2,600,271 | 2,357,450 | 242,821 | 19.5 | 66% |
| 2022 | 2,312,784 | 2,273,090 | 39,694 | 17.6 | 41% |
| 2023 | 2,286,724 | 2,345,772 | −59,048 | 17.4 | 43% |
In its most recent public year (2023), this organization spent $59,048 more than it brought in. Its reserves stood at about 17.4 months of spending, up from 10.3 in 2011. Staff pay was 43% of spending. $114,014 of its net assets are donor-restricted.
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
Housing Opportunities & Maintenance For The Elderly 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