Adams Senior Citizen Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 434,498 | 640,667 | −206,169 | 83.7 | 0% |
| 2013 | 439,559 | 659,515 | −219,956 | 77.3 | 0% |
| 2014 | 448,338 | 680,148 | −231,810 | 70.9 | 0% |
| 2015 | 489,451 | 692,088 | −202,637 | 66.1 | 0% |
| 2016 | 514,043 | 705,856 | −191,813 | 61.6 | 0% |
| 2017 | 552,843 | 731,543 | −178,700 | 56.5 | 0% |
| 2018 | 577,411 | 791,263 | −213,852 | 49.0 | 0% |
| 2019 | 614,639 | 780,432 | −165,793 | 47.1 | 0% |
| 2020 | 634,737 | 851,966 | −217,229 | 40.1 | 0% |
| 2021 | 650,762 | 882,136 | −231,374 | 35.6 | 0% |
| 2022 | 685,289 | 914,053 | −228,764 | 31.3 | 0% |
| 2023 | 716,631 | 937,288 | −220,657 | 27.7 | 0% |
In its most recent public year (2023), this organization spent $220,657 more than it brought in. Its reserves stood at about 27.7 months of spending, down from 83.7 in 2012. 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
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