Milan Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 84,440 | 65,827 | 18,613 | 23.9 | — |
| 2013 | 76,246 | 93,895 | −17,649 | 13.5 | — |
| 2014 | 46,094 | 78,792 | −32,698 | 11.2 | — |
| 2015 | 31,690 | 53,088 | −21,398 | 11.7 | — |
| 2017 | 31,494 | 36,690 | −5,196 | 33.5 | — |
| 2018 | 31,961 | 28,309 | 3,652 | 18.8 | — |
| 2019 | 37,577 | 33,242 | 4,335 | 54.9 | — |
| 2020 | 38,619 | 28,166 | 10,453 | 69.3 | — |
| 2021 | 36,288 | 31,013 | 5,275 | 22.4 | — |
| 2022 | 36,369 | 29,681 | 6,688 | 25.6 | — |
| 2023 | 47,764 | 30,539 | 17,225 | 39.0 | — |
In its most recent public year (2023), this organization brought in $17,225 more than it spent. Its reserves stood at about 39 months of spending, up from 23.9 in 2011.
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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