Aldersgate United Methodist Retirement Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 28,500,859 | 27,964,156 | 536,703 | 0.4 | 37% |
| 2012 | 28,497,313 | 28,335,317 | 161,996 | 1.4 | 45% |
| 2013 | 29,683,018 | 28,775,056 | 907,962 | 2.5 | 44% |
| 2014 | 29,522,419 | 31,016,851 | −1,494,432 | 1.5 | 43% |
| 2015 | 29,573,683 | 31,172,359 | −1,598,676 | 0.1 | 43% |
| 2016 | 31,871,652 | 32,498,179 | −626,527 | -0.2 | 37% |
| 2017 | 33,707,855 | 36,201,151 | −2,493,296 | -1.1 | 36% |
| 2018 | 38,180,181 | 41,745,039 | −3,564,858 | -3.6 | 36% |
| 2019 | 39,654,647 | 46,120,150 | −6,465,503 | -4.1 | 31% |
| 2020 | 40,946,674 | 46,413,102 | −5,466,428 | -5.2 | 30% |
| 2021 | 44,725,662 | 48,219,335 | −3,493,673 | -6.2 | 32% |
| 2022 | 44,473,072 | 55,489,035 | −11,015,963 | -9.7 | 32% |
In its most recent public year (2022), this organization spent $11,015,963 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9.7 months), down from 0.4 in 2011. Staff pay was 32% of spending. $909,480 of its net assets are donor-restricted.
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 2022. 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
Aldersgate United Methodist Retirement Community Inc's IRS filings as a feed — one entry per filing year, through 2022. 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