Spring Lake Presbyterian Housing Corporation For Evergreen Vlg Apts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 520,364 | 432,833 | 87,531 | -19.4 | 21% |
| 2013 | 479,540 | 429,844 | 49,696 | -18.1 | 21% |
| 2014 | 472,610 | 444,308 | 28,302 | -16.8 | 18% |
| 2015 | 481,442 | 454,363 | 27,079 | -15.7 | 0% |
| 2016 | 477,859 | 443,244 | 34,615 | -15.1 | 19% |
| 2017 | 494,907 | 440,626 | 54,281 | -13.7 | 20% |
| 2018 | 478,580 | 464,685 | 13,895 | -12.7 | 21% |
| 2019 | 495,552 | 478,149 | 17,403 | -11.9 | 21% |
| 2020 | 497,522 | 456,898 | 40,624 | -11.4 | 22% |
| 2021 | 527,929 | 486,398 | 41,531 | -9.7 | 24% |
| 2022 | 519,777 | 492,061 | 27,716 | -8.8 | 17% |
| 2023 | 526,106 | 468,482 | 57,624 | -7.8 | 27% |
| 2024 | 547,658 | 484,679 | 62,979 | -5.6 | 27% |
In its most recent public year (2024), this organization brought in $62,979 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.6 months), up from -19.4 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 2024. 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
Spring Lake Presbyterian Housing Corporation For Evergreen Vlg Apts's IRS filings as a feed — one entry per filing year, through 2024. 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