Homesteading And Urban Redevelopment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,483,147 | 1,440,605 | 42,542 | 1.5 | 4% |
| 2012 | 1,570,815 | 1,577,703 | −6,888 | 1.4 | 3% |
| 2013 | 3,695,036 | 3,713,544 | −18,508 | 0.5 | 1% |
| 2014 | 1,355,316 | 1,245,801 | 109,515 | 1.8 | 4% |
| 2015 | 1,216,343 | 1,369,872 | −153,529 | 0.2 | 0% |
| 2016 | 490,711 | 498,100 | −7,389 | 0.5 | 0% |
| 2017 | 728,984 | 480,967 | 248,017 | 6.7 | 0% |
| 2018 | 389,599 | 453,322 | −63,723 | 5.4 | 0% |
| 2019 | 1,413,875 | 1,363,901 | 49,974 | 2.2 | 0% |
| 2020 | 1,426,977 | 1,551,205 | −124,228 | 1.0 | 0% |
| 2021 | 1,345,522 | 1,026,446 | 319,076 | 5.3 | 0% |
| 2022 | 1,575,436 | 1,978,661 | −403,225 | 0.3 | 0% |
| 2023 | 278,306 | 302,889 | −24,583 | 0.9 | 0% |
In its most recent public year (2023), this organization spent $24,583 more than it brought in. Its reserves stood at about 0.9 months of spending. Staff pay was 0% of spending. $103,000 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
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