Council Of Elders Housing Corporation Ii
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,946,181 | 3,039,254 | −93,073 | -4.7 | 0% |
| 2021 | 2,195,637 | 2,534,346 | −338,709 | -7.2 | 0% |
| 2022 | 14,070 | 19,845 | −5,775 | -926.3 | 0% |
| 2023 | 52,966 | 14,542 | 38,424 | -1232.4 | 0% |
In its most recent public year (2023), this organization brought in $38,424 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1232.4 months), down from -4.7 in 2020. 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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