Stamford Elderly Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,414,952 | 2,715,098 | −300,146 | 0.1 | 32% |
| 2021 | 3,027,636 | 2,861,001 | 166,635 | 0.8 | 30% |
| 2022 | 2,838,318 | 2,675,905 | 162,413 | 1.6 | 0% |
| 2023 | 2,934,869 | 2,824,922 | 109,947 | 2.0 | 0% |
In its most recent public year (2023), this organization brought in $109,947 more than it spent. Its reserves stood at about 2 months of spending, up from 0.1 in 2020. 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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