South Mississippi Housing Anddevelopment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,354,879 | 3,391,923 | −1,037,044 | 82.7 | 15% |
| 2012 | 3,005,506 | 4,207,494 | −1,201,988 | 75.2 | 14% |
| 2013 | 1,829,010 | 5,555,353 | −3,726,343 | 49.0 | 13% |
| 2014 | 1,452,192 | 4,035,341 | −2,583,149 | 60.0 | 14% |
| 2015 | 2,786,761 | 3,439,208 | −652,447 | 69.0 | 16% |
| 2016 | 3,734,945 | 3,070,457 | 664,488 | 79.8 | 14% |
| 2017 | 2,275,135 | 2,430,818 | −155,683 | 100.1 | 14% |
| 2018 | 2,665,158 | 2,583,955 | 81,203 | 94.5 | 13% |
| 2019 | 2,638,801 | 2,549,937 | 88,864 | 96.2 | 12% |
| 2020 | 2,478,060 | 2,633,068 | −155,008 | 92.5 | 13% |
| 2021 | 2,501,846 | 2,629,601 | −127,755 | 92.3 | 12% |
| 2022 | 3,038,218 | 3,196,539 | −158,321 | 80.4 | 13% |
| 2023 | 1,736,569 | 2,079,437 | −342,868 | 119.3 | 14% |
In its most recent public year (2023), this organization spent $342,868 more than it brought in. Its reserves stood at about 119.3 months of spending, up from 82.7 in 2011. Staff pay was 14% 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
South Mississippi Housing Anddevelopment 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