Senior Citizens Housing Development Corporation Of Chicago
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,668,219 | 3,182,858 | 485,361 | -6.4 | 15% |
| 2013 | 3,722,206 | 3,385,478 | 336,728 | -4.8 | 15% |
| 2014 | 3,779,484 | 3,462,676 | 316,808 | -3.6 | 14% |
| 2015 | 3,821,509 | 3,428,062 | 393,447 | -2.3 | 18% |
| 2016 | 3,833,676 | 3,613,237 | 220,439 | -1.3 | 17% |
| 2017 | 3,916,193 | 3,399,335 | 516,858 | 0.4 | 17% |
| 2018 | 3,975,206 | 3,977,547 | −2,341 | -0.4 | 16% |
| 2019 | 4,026,767 | 3,575,744 | 451,023 | 1.1 | 17% |
| 2020 | 4,427,184 | 3,403,515 | 1,023,669 | 4.6 | 19% |
| 2021 | 4,178,488 | 3,536,232 | 642,256 | 6.6 | 20% |
| 2022 | 4,249,359 | 3,595,527 | 653,832 | 8.7 | 20% |
| 2023 | 4,417,407 | 3,832,793 | 584,614 | 10.0 | 20% |
In its most recent public year (2023), this organization brought in $584,614 more than it spent. Its reserves stood at about 10 months of spending, up from -6.4 in 2012. Staff pay was 20% 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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