Gospel Light Mennonite Church Medical Aid Plan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 6,501,552 | 6,399,609 | 101,943 | 0.2 | 0% |
| 2016 | 36,436,551 | 36,086,759 | 349,792 | 0.2 | 0% |
| 2017 | 64,977,872 | 63,883,386 | 1,094,486 | 0.3 | 0% |
| 2018 | 61,910,746 | 58,723,816 | 3,186,930 | 1.0 | 0% |
| 2019 | 54,725,576 | 59,875,820 | −5,150,244 | 1.4 | 27% |
| 2020 | 55,782,788 | 53,082,938 | 2,699,850 | 2.2 | 29% |
| 2021 | 52,923,721 | 43,304,090 | 9,619,631 | 5.4 | 36% |
| 2022 | 279,735,525 | 271,637,717 | 8,097,808 | 1.2 | 6% |
| 2023 | 196,784,900 | 196,152,853 | 632,047 | 1.7 | 6% |
In its most recent public year (2023), this organization brought in $632,047 more than it spent. Its reserves stood at about 1.7 months of spending, up from 0.2 in 2015. Staff pay was 6% 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
Gospel Light Mennonite Church Medical Aid Plan Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works