Elderly Housing Development And Operations Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,194,926 | 2,426,737 | 9,768,189 | 66.7 | 40% |
| 2012 | 4,620,106 | 2,960,376 | 1,659,730 | 61.4 | 32% |
| 2013 | 9,187,414 | 4,070,568 | 5,116,846 | 59.7 | 29% |
| 2014 | 4,334,153 | 3,697,896 | 636,257 | 66.0 | 31% |
| 2015 | 4,935,633 | 3,385,324 | 1,550,309 | 75.7 | 33% |
| 2016 | 6,896,602 | 4,573,481 | 2,323,121 | 57.0 | 28% |
| 2017 | 7,452,950 | 3,675,173 | 3,777,777 | 81.0 | 37% |
| 2018 | 4,253,492 | 4,208,208 | 45,284 | 73.2 | 34% |
| 2019 | 3,919,268 | 3,770,501 | 148,767 | 83.1 | 35% |
| 2020 | 10,762,288 | 3,611,430 | 7,150,858 | 111.4 | 38% |
| 2021 | 6,886,084 | 4,404,086 | 2,481,998 | 100.1 | 37% |
| 2022 | 7,823,103 | 5,311,891 | 2,511,212 | 119.6 | 38% |
| 2023 | 6,948,538 | 9,919,565 | −2,971,027 | 60.7 | 30% |
In its most recent public year (2023), this organization spent $2,971,027 more than it brought in. Its reserves stood at about 60.7 months of spending, down from 66.7 in 2011. Staff pay was 30% of spending. $1,866,353 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
Elderly Housing Development And Operations Corporation'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