Rangeley Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 343,120 | 362,355 | −19,235 | -11.4 | 0% |
| 2013 | 360,799 | 400,825 | −40,026 | -11.5 | 0% |
| 2014 | 393,517 | 386,946 | 6,571 | -11.7 | 0% |
| 2015 | 336,366 | 369,006 | −32,640 | -13.3 | 0% |
| 2016 | 377,306 | 361,830 | 15,476 | -13.1 | 0% |
| 2017 | 357,035 | 394,577 | −37,542 | -13.1 | 0% |
| 2018 | 371,821 | 373,899 | −2,078 | -13.9 | 0% |
| 2019 | 349,407 | 395,042 | −45,635 | -14.6 | 0% |
| 2020 | 335,039 | 408,135 | −73,096 | -16.3 | 0% |
| 2021 | 351,655 | 364,590 | −12,935 | -18.6 | 0% |
| 2022 | 378,268 | 413,579 | −35,311 | -17.4 | 0% |
| 2023 | 414,751 | 407,275 | 7,476 | -17.5 | 0% |
In its most recent public year (2023), this organization brought in $7,476 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-17.5 months), down from -11.4 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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