Elderly Housing Management Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,199,562 | 12,258,307 | −58,745 | 1.6 | 14% |
| 2021 | 12,461,730 | 12,391,512 | 70,218 | 1.6 | 14% |
| 2022 | 12,965,528 | 13,202,991 | −237,463 | 1.3 | 15% |
| 2023 | 13,132,673 | 13,160,264 | −27,591 | 1.2 | 14% |
In its most recent public year (2023), this organization spent $27,591 more than it brought in. Its reserves stood at about 1.2 months of spending. Staff pay was 14% 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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