Ssmhcs Liability Trust Mercantile Bank Ttee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 37,496,859 | 48,508,297 | −11,011,438 | 16.5 | 0% |
| 2021 | 51,161,074 | 35,585,284 | 15,575,790 | 27.7 | 0% |
| 2022 | 38,528,289 | 30,505,583 | 8,022,706 | 27.4 | 0% |
| 2023 | 50,425,968 | 49,825,588 | 600,380 | 13.7 | 0% |
In its most recent public year (2023), this organization brought in $600,380 more than it spent. Its reserves stood at about 13.7 months of spending, down from 16.5 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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