Covered Bridge Affordable Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 209,809 | 240,842 | −31,033 | 97.7 | 0% |
| 2012 | 206,863 | 244,200 | −37,337 | 94.6 | 0% |
| 2013 | 207,888 | 234,898 | −27,010 | 96.9 | 0% |
| 2014 | 206,303 | 238,872 | −32,569 | 93.7 | 0% |
| 2015 | 208,437 | 230,143 | −21,706 | 96.1 | 0% |
| 2016 | 204,162 | 727,284 | −523,122 | 21.8 | 0% |
| 2017 | 204,664 | 281,407 | −76,743 | 53.0 | 0% |
| 2018 | 318,019 | 265,616 | 52,403 | 58.5 | 0% |
| 2019 | 205,792 | 240,951 | −35,159 | 62.8 | 0% |
| 2020 | 202,054 | 241,317 | −39,263 | 60.7 | 0% |
| 2021 | 201,180 | 244,238 | −43,058 | 57.9 | 0% |
| 2022 | 205,318 | 247,445 | −42,127 | 55.1 | 0% |
| 2023 | 222,681 | 269,417 | −46,736 | 48.5 | 0% |
In its most recent public year (2023), this organization spent $46,736 more than it brought in. Its reserves stood at about 48.5 months of spending, down from 97.7 in 2011. 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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