Rowayton Senior Housing Corporation C/O Kenneth Laclair
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 535,297 | 498,009 | 37,288 | 6.7 | 15% |
| 2021 | 528,290 | 527,438 | 852 | 6.4 | 15% |
| 2022 | 569,621 | 556,861 | 12,760 | 6.2 | 0% |
| 2023 | 605,187 | 578,448 | 26,739 | 6.5 | 0% |
In its most recent public year (2023), this organization brought in $26,739 more than it spent. Its reserves stood at about 6.5 months of spending. 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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