Housing Economic Reinvestment Opportunities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 673 | 0 | 673 | — | — |
| 2012 | 1,463 | 5,130 | −3,667 | 3506.0 | 0% |
| 2013 | 0 | 4,770 | −4,770 | 3758.6 | 0% |
| 2014 | 0 | 5,614 | −5,614 | 3180.0 | 0% |
| 2015 | 15,000 | 8,630 | 6,370 | 2074.3 | 0% |
| 2016 | 5,870,658 | 5,809,745 | 60,913 | 33.2 | 0% |
| 2017 | 5,517,921 | 6,015,982 | −498,061 | 31.1 | 0% |
| 2018 | 5,524,147 | 6,222,809 | −698,662 | 28.0 | 12% |
| 2019 | 6,563,687 | 6,137,425 | 426,262 | 29.2 | 12% |
| 2020 | 5,588,707 | 5,917,798 | −329,091 | 29.7 | 12% |
| 2021 | 5,680,420 | 6,481,280 | −800,860 | 25.6 | 12% |
| 2022 | 5,626,615 | 6,489,857 | −863,242 | 24.0 | 14% |
In its most recent public year (2022), this organization spent $863,242 more than it brought in. Its reserves stood at about 24 months of spending. 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 2022. 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
Housing Economic Reinvestment Opportunities Inc's IRS filings as a feed — one entry per filing year, through 2022. 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