Lutheran Nonprofit Housing Corporation-Lansing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 102,909 | 138,077 | −35,168 | 4.7 | 21% |
| 2012 | 106,333 | 147,302 | −40,969 | 1.1 | 21% |
| 2013 | 103,285 | 146,316 | −43,031 | -2.4 | 20% |
| 2014 | 112,871 | 157,820 | −44,949 | -5.7 | 19% |
| 2015 | 114,814 | 150,545 | −35,731 | -8.8 | 23% |
| 2016 | 126,031 | 147,423 | −21,392 | -10.7 | 22% |
| 2017 | 127,076 | 147,462 | −20,386 | -12.4 | 24% |
| 2018 | 129,490 | 150,174 | −20,684 | -13.8 | 24% |
| 2019 | 126,804 | 165,481 | −38,677 | -15.3 | 16% |
| 2020 | 144,877 | 161,048 | −16,171 | -16.9 | 17% |
| 2021 | 136,838 | 177,651 | −40,813 | -18.1 | 14% |
| 2022 | 139,618 | 202,373 | −62,755 | -19.6 | 13% |
| 2023 | 128,931 | 166,759 | −37,828 | -26.5 | 17% |
In its most recent public year (2023), this organization spent $37,828 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-26.5 months), down from 4.7 in 2011. Staff pay was 17% of spending. $6,783 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 Nonprofit Housing Corporation-Lansing'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