L E R Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 245,743 | 220,944 | 24,799 | -10.0 | 10% |
| 2012 | 251,611 | 210,930 | 40,681 | -8.2 | 10% |
| 2013 | 277,794 | 223,674 | 54,120 | -4.8 | 10% |
| 2014 | 281,965 | 297,188 | −15,223 | -4.2 | 8% |
| 2015 | 281,858 | 329,325 | −47,467 | -5.6 | 7% |
| 2016 | 337,852 | 238,573 | 99,279 | -2.7 | 11% |
| 2017 | 308,408 | 245,030 | 63,378 | 0.5 | 10% |
| 2018 | 322,753 | 278,433 | 44,320 | 2.4 | 12% |
| 2019 | 310,565 | 299,177 | 11,388 | 2.6 | 13% |
| 2020 | 325,037 | 355,567 | −30,530 | 1.2 | 10% |
| 2021 | 288,005 | 303,769 | −15,764 | 0.8 | 11% |
| 2022 | 295,280 | 303,777 | −8,497 | 0.4 | 11% |
| 2023 | 378,597 | 411,772 | −33,175 | -0.6 | 13% |
In its most recent public year (2023), this organization spent $33,175 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), up from -10 in 2011. Staff pay was 13% 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
L E R Housing Development Fund 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