Cicero Commons Senior Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 314,713 | 250,368 | 64,345 | 71.3 | 23% |
| 2022 | 202,485 | 267,033 | −64,548 | 63.9 | 24% |
| 2023 | 209,329 | 269,703 | −60,374 | 60.6 | 19% |
In its most recent public year (2023), this organization spent $60,374 more than it brought in. Its reserves stood at about 60.6 months of spending, down from 71.3 in 2021. Staff pay was 19% of spending. $1,734,700 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
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