everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Hayfield Area Elderly Housing Inc

Rochester, MN / EIN 41-1352022 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2012115,040187,594−72,554-9.00%
2013170,298381,212−210,914-11.10%
2014168,438197,132−28,694-23.20%
2015180,521191,525−11,004-24.50%
2016177,454152,65924,795-28.80%
2017170,255168,1892,066-26.00%
2018159,727170,028−10,301-26.50%
2019188,793178,9839,810-24.50%
2020193,400209,596−16,196-21.80%
2021211,200186,05025,150-23.00%
2022185,123182,3842,739-23.30%
2023191,514172,12019,394-23.30%

In its most recent public year (2023), this organization brought in $19,394 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-23.3 months), down from -9 in 2012. Staff pay was 0% 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

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