Vance County Elderly Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 390,803 | 413,909 | −23,106 | -24.8 | 11% |
| 2015 | 395,855 | 403,670 | −7,815 | -25.7 | 11% |
| 2016 | 425,670 | 424,939 | 731 | -24.4 | 12% |
| 2017 | 407,714 | 387,411 | 20,303 | -26.1 | 16% |
| 2018 | 412,993 | 405,675 | 7,318 | -24.7 | 16% |
| 2019 | 420,396 | 408,372 | 12,024 | -24.1 | 18% |
| 2020 | 427,399 | 391,400 | 35,999 | -24.0 | 18% |
| 2021 | 441,703 | 351,872 | 89,831 | -25.4 | 23% |
| 2022 | 455,693 | 423,612 | 32,081 | -20.2 | 20% |
| 2023 | 457,745 | 425,982 | 31,763 | -19.1 | 17% |
In its most recent public year (2023), this organization brought in $31,763 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-19.1 months), up from -24.8 in 2014. Staff pay was 17% 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
Vance County Elderly Housing 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