Page 13 - Balance | CHC Annual Report 2020
P. 13
2020
STATEMENT
Operations Non-Profit Seniors, 2020
Other 260,000
Subsidy: Rental
2020 Supplement
325,000
NON-PROFIT
SENIORS
REVENUE
$4,926,000 Rental Revenue
4,341,000
The Non-Profit Seniors program
provides affordable housing to
seniors. The program receives no
municipal funding from the City of
Windsor or the County of Essex, or
any other government funding.
This program is self-funded and Insurance Professional Salaries, Wages
operates on a break even basis. Fees and Benefits
Premiums 49,000
114,000 921,000
Office
Administration
Municipal Taxes
2020 917,000 138,000
NON-PROFIT
SENIORS Interest
EXPENDITURES 94,000
$4,439,000 Amortization
Utilities 378,000
874,000
Bad Debts
26,000 Materials and Services
928,000
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