Lutheran Housing Corporation Prairie Lake Apartments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 93,150 | 147,847 | −54,697 | 171.3 | 8% |
| 2012 | 102,599 | 148,065 | −45,466 | 167.4 | 10% |
| 2013 | 103,626 | 147,138 | −43,512 | 164.9 | 11% |
| 2014 | 101,587 | 151,250 | −49,663 | 156.5 | 12% |
| 2015 | 103,422 | 156,021 | −52,599 | 147.6 | 12% |
| 2016 | 101,365 | 164,502 | −63,137 | 135.4 | 5% |
| 2017 | 123,311 | 135,155 | −11,844 | 28.2 | 0% |
| 2018 | 145,447 | 156,953 | −11,506 | 23.4 | 20% |
| 2019 | 151,177 | 170,521 | −19,344 | 20.1 | 19% |
| 2020 | 162,666 | 164,927 | −2,261 | 20.7 | 26% |
| 2021 | 149,633 | 177,015 | −27,382 | 19.7 | 29% |
| 2022 | 151,885 | 155,736 | −3,851 | 22.0 | 30% |
| 2023 | 200,659 | 191,903 | 8,756 | 18.4 | 23% |
In its most recent public year (2023), this organization brought in $8,756 more than it spent. Its reserves stood at about 18.4 months of spending, down from 171.3 in 2011. Staff pay was 23% of spending. $2,163,283 of its net assets are donor-restricted.
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
Lutheran Housing Corporation Prairie Lake Apartments'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