Salem Area Seniors Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 182,656 | 195,080 | −12,424 | 64.6 | 0% |
| 2013 | 181,039 | 205,782 | −24,743 | 59.8 | 0% |
| 2014 | 164,913 | 192,648 | −27,735 | 62.2 | 0% |
| 2015 | 166,193 | 212,107 | −45,914 | 53.9 | 0% |
| 2016 | 176,009 | 188,550 | −12,541 | 59.8 | 0% |
| 2017 | 175,998 | 203,120 | −27,122 | 53.9 | 0% |
| 2018 | 191,930 | 212,534 | −20,604 | 50.4 | 0% |
| 2019 | 187,072 | 213,625 | −26,553 | 48.6 | 0% |
| 2020 | 137,607 | 174,358 | −36,751 | 57.0 | 0% |
| 2021 | 45,776 | 99,085 | −53,309 | 93.9 | 0% |
| 2022 | 76,607 | 125,363 | −48,756 | 69.3 | 0% |
| 2023 | 104,925 | 148,504 | −43,579 | 56.5 | 0% |
| 2024 | 143,642 | 131,370 | 12,272 | 63.2 | 0% |
In its most recent public year (2024), this organization brought in $12,272 more than it spent. Its reserves stood at about 63.2 months of spending, down from 64.6 in 2012. Staff pay was 0% of spending. $2,971 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 2024. 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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