Operating record

Chestnut Grove Association Inc

New Milford, CT · EIN 06-1326286 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$708,379$692,236$16,1438.627%
2021$568,399$655,988−$87,5897.50%
2022$579,464$692,804−$113,3405.30%
2023$738,971$662,890$76,0816.80%

In its most recent public year (2023), this organization brought in $76,081 more than it spent. Its reserves stood at about 6.8 months of spending, down from 8.6 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 ↗