Chippewa Lutheran Housingcorporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 238,779 | 333,535 | −94,756 | 104.7 | 12% |
| 2021 | 230,544 | 365,155 | −134,611 | 91.2 | 10% |
| 2022 | 221,851 | 345,462 | −123,611 | 92.1 | 10% |
| 2023 | 270,824 | 380,958 | −110,134 | 80.1 | 11% |
In its most recent public year (2023), this organization spent $110,134 more than it brought in. Its reserves stood at about 80.1 months of spending, down from 104.7 in 2020. Staff pay was 11% 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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