Avesta Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,649,562 | 15,409,253 | 1,240,309 | 4.2 | 11% |
| 2012 | 8,990,690 | 8,574,779 | 415,911 | 8.5 | 19% |
| 2013 | 9,230,869 | 6,594,604 | 2,636,265 | 16.4 | 23% |
| 2014 | 7,233,226 | 7,384,400 | −151,174 | 15.1 | 23% |
| 2015 | 10,663,730 | 7,171,211 | 3,492,519 | 21.8 | 28% |
| 2016 | 8,980,893 | 6,937,241 | 2,043,652 | 28.2 | 31% |
| 2017 | 9,265,374 | 7,134,861 | 2,130,513 | 29.7 | 32% |
| 2018 | 8,378,049 | 8,869,707 | −491,658 | 23.7 | 31% |
| 2019 | 8,741,762 | 9,472,372 | −730,610 | 21.7 | 31% |
| 2020 | 10,385,771 | 9,773,992 | 611,779 | 22.7 | 36% |
| 2021 | 13,114,873 | 10,368,140 | 2,746,733 | 26.5 | 36% |
| 2022 | 13,921,623 | 12,679,009 | 1,242,614 | 23.7 | 35% |
| 2023 | 10,774,074 | 10,908,019 | −133,945 | 28.2 | 42% |
In its most recent public year (2023), this organization spent $133,945 more than it brought in. Its reserves stood at about 28.2 months of spending, up from 4.2 in 2011. Staff pay was 42% 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
Avesta Housing Development 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