Waukegan Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 505,599 | 134,020 | 371,579 | 0.0 | 0% |
| 2022 | 0 | 22,832 | −22,832 | 212.3 | 35% |
| 2023 | 268,022 | 128,938 | 139,084 | 50.6 | 29% |
In its most recent public year (2023), this organization brought in $139,084 more than it spent. Its reserves stood at about 50.6 months of spending, up from 0 in 2021. Staff pay was 29% 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
Waukegan Housing Development 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