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

Elderly Housing Corporation Of Faribault Minnesota

Faribault, MN / EIN 41-1720252 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011317,936348,776−30,84033.90%
2012357,104361,754−4,65032.50%
2013322,183405,334−83,15126.50%
2014351,596286,50965,08740.30%
2015330,340263,69366,64746.80%
2016347,795252,26595,53053.50%
2017370,786248,827121,95960.10%
2018356,703296,67560,02853.00%
2019378,008328,90649,10249.20%
2020446,940447,070−13036.60%
2021498,710314,790183,92058.30%
2022512,429362,942149,48753.10%
2023561,610304,491257,11976.50%

In its most recent public year (2023), this organization brought in $257,119 more than it spent. Its reserves stood at about 76.5 months of spending, up from 33.9 in 2011. 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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