Holyoke Retirement Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1,895,012 | 1,807,939 | 87,073 | 0.6 | 52% |
| 2018 | 11,122,891 | 11,066,143 | 56,748 | 0.2 | 50% |
| 2019 | 11,220,429 | 11,499,353 | −278,924 | -0.1 | 50% |
| 2020 | 11,740,570 | 11,573,692 | 166,878 | 0.0 | 47% |
| 2021 | 13,296,777 | 12,595,266 | 701,511 | 0.7 | 42% |
| 2022 | 13,225,114 | 14,699,096 | −1,473,982 | -0.6 | 36% |
| 2023 | 12,291,341 | 14,996,275 | −2,704,934 | -2.8 | 44% |
In its most recent public year (2023), this organization spent $2,704,934 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.8 months), down from 0.6 in 2017. Staff pay was 44% 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
Holyoke Retirement Community Inc'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