Affordable Housing Initiatives
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 656,143 | 17,627 | 638,516 | 597.6 | 0% |
| 2018 | 26,362 | 19,632 | 6,730 | 540.7 | 0% |
| 2019 | 25,502 | 14,360 | 11,142 | 748.5 | 0% |
| 2020 | 23,910 | 14,453 | 9,457 | 751.5 | 0% |
| 2021 | 29,640 | 19,071 | 10,569 | 576.2 | 0% |
| 2022 | 44,279 | 19,242 | 25,037 | 586.7 | 0% |
| 2023 | 46,704 | 23,445 | 23,259 | 493.4 | 0% |
In its most recent public year (2023), this organization brought in $23,259 more than it spent. Its reserves stood at about 493.4 months of spending, down from 597.6 in 2017. Staff pay was 0% 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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