Operating record

Lowden Retirement Housing Corporation

Mechanicsvlle, IA · EIN 42-1237759 · files the short form (990-EZ), so reduced detail · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$94,090$67,341$26,749-18.3
2021$93,193$81,860$11,333-16.4
2022$98,960$74,632$24,328-16.5
2023$97,818$79,775$18,043-14.9

In its most recent public year (2023), this organization brought in $18,043 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-14.9 months), up from -18.3 in 2020.

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 ↗