Vernon Senior Citizens Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 324,782 | 339,544 | −14,762 | -7.9 | 20% |
| 2013 | 335,606 | 345,637 | −10,031 | -8.1 | 20% |
| 2014 | 341,341 | 339,564 | 1,777 | -8.2 | 21% |
| 2015 | 333,321 | 339,941 | −6,620 | -8.4 | 24% |
| 2016 | 343,124 | 328,886 | 14,238 | -8.2 | 27% |
| 2017 | 338,687 | 316,845 | 21,842 | -7.7 | 23% |
| 2018 | 362,593 | 400,527 | −37,934 | -7.2 | 24% |
| 2019 | 347,362 | 389,519 | −42,157 | -8.7 | 24% |
| 2020 | 361,280 | 365,391 | −4,111 | -9.4 | 25% |
| 2021 | 345,804 | 384,519 | −38,715 | -10.2 | 22% |
| 2022 | 363,644 | 338,933 | 24,711 | -10.6 | 20% |
| 2023 | 373,147 | 431,963 | −58,816 | -10.0 | 26% |
In its most recent public year (2023), this organization spent $58,816 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-10 months), down from -7.9 in 2012. Staff pay was 26% 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
Vernon Senior Citizens Housing Development Corporation'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