Senior Citizens Housing Development Corporation Of Stonington
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 627,877 | 700,701 | −72,824 | 63.7 | 12% |
| 2012 | 648,558 | 741,052 | −92,494 | 58.8 | 12% |
| 2013 | 648,940 | 777,780 | −128,840 | 54.0 | 12% |
| 2014 | 814,869 | 782,129 | 32,740 | 54.2 | 15% |
| 2015 | 1,000,627 | 811,883 | 188,744 | 55.0 | 13% |
| 2016 | 786,481 | 887,974 | −101,493 | 48.9 | 14% |
| 2017 | 794,402 | 900,872 | −106,470 | 46.8 | 15% |
| 2018 | 858,273 | 954,957 | −96,684 | 43.0 | 14% |
| 2019 | 879,720 | 999,127 | −119,407 | 39.7 | 16% |
| 2020 | 854,582 | 1,007,022 | −152,440 | 37.6 | 17% |
| 2021 | 868,051 | 985,641 | −117,590 | 36.9 | 18% |
| 2022 | 911,599 | 1,098,206 | −186,607 | 31.1 | 17% |
| 2023 | 1,016,620 | 1,115,834 | −99,214 | 29.6 | 18% |
In its most recent public year (2023), this organization spent $99,214 more than it brought in. Its reserves stood at about 29.6 months of spending, down from 63.7 in 2011. Staff pay was 18% of spending. $5,675,200 of its net assets are donor-restricted.
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
Senior Citizens Housing Development Corporation Of Stonington'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