Operating record

Congretational Retirement Homes Iii Inc

Melrose, MA · EIN 04-2628372 · files full Form 990 · latest public year 2024

YearMoney inMoney outResultReserve mo.Staffing
2021$2,610,569$1,292,279$1,318,29068.122%
2022$2,711,585$1,606,442$1,105,14363.017%
2023$2,811,755$1,975,540$836,21556.316%
2024$2,975,451$2,029,750$945,70160.417%

In its most recent public year (2024), this organization brought in $945,701 more than it spent. Its reserves stood at about 60.4 months of spending, down from 68.1 in 2021. Staff pay was 17% 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 ↗