Lake Senior Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 146,006 | 260,619 | −114,613 | 125.4 | 8% |
| 2012 | 201,598 | 276,299 | −74,701 | 115.0 | 7% |
| 2013 | 192,804 | 241,833 | −49,029 | 129.0 | 10% |
| 2014 | 189,766 | 246,817 | −57,051 | 123.6 | 9% |
| 2015 | 209,084 | 253,842 | −44,758 | 118.0 | 9% |
| 2016 | 210,656 | 227,889 | −17,233 | 130.6 | 3% |
| 2017 | 225,035 | 303,418 | −78,383 | 4.3 | 0% |
| 2018 | 253,820 | 302,577 | −48,757 | 2.3 | 0% |
| 2019 | 251,085 | 290,117 | −39,032 | 0.8 | 0% |
| 2020 | 256,131 | 351,417 | −95,286 | -2.6 | 0% |
| 2021 | 255,420 | 302,136 | −46,716 | -4.9 | 0% |
| 2022 | 252,170 | 326,210 | −74,040 | -7.2 | 0% |
| 2023 | 295,874 | 302,624 | −6,750 | -8.0 | 0% |
In its most recent public year (2023), this organization spent $6,750 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8 months), down from 125.4 in 2011. 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
Lake Senior Housing 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