everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Elmdale Apartments Nonprofit Housing Corporation

Grand Rapids, MI / EIN 20-0363774 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011149,684149,114570-12.70%
2012143,186152,007−8,821-13.20%
2013139,861151,488−11,627-14.10%
2014142,336158,952−16,616-14.70%
2015145,211163,501−18,290-15.60%
2016146,205153,316−7,111-17.20%
2017150,283202,283−52,000-16.20%
2018153,986162,465−8,479-20.70%
2019156,009154,4121,597-21.70%
2020162,144134,26827,876-22.50%
2021152,127133,37818,749-20.90%
2022161,735154,4527,283-17.50%
2023182,657165,29817,359-15.10%

In its most recent public year (2023), this organization brought in $17,359 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-15.1 months), down from -12.7 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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