District Elderly Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 432,445 | 418,265 | 14,180 | -12.2 | 0% |
| 2012 | 447,834 | 403,549 | 44,285 | -11.3 | 0% |
| 2013 | 458,353 | 398,827 | 59,526 | -9.6 | 0% |
| 2014 | 469,665 | 422,820 | 46,845 | -7.8 | 0% |
| 2015 | 474,931 | 602,893 | −127,962 | -8.0 | 0% |
| 2016 | 483,342 | 438,919 | 44,423 | -9.8 | 0% |
| 2017 | 535,542 | 411,288 | 124,254 | -6.8 | 0% |
| 2018 | 502,469 | 439,457 | 63,012 | -4.6 | 0% |
| 2019 | 506,479 | 487,212 | 19,267 | -3.7 | 0% |
| 2020 | 538,219 | 457,608 | 80,611 | -1.8 | 0% |
| 2021 | 528,306 | 434,614 | 93,692 | 0.6 | 0% |
| 2022 | 539,602 | 487,452 | 52,150 | 1.9 | 0% |
| 2023 | 561,145 | 467,076 | 94,069 | 4.4 | 0% |
In its most recent public year (2023), this organization brought in $94,069 more than it spent. Its reserves stood at about 4.4 months of spending, up from -12.2 in 2011. Staff pay was 0% 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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