Beverly Normandie Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 479,548 | 455,946 | 23,602 | 39.8 | 0% |
| 2011 | 472,324 | 655,830 | −183,506 | 24.3 | 6% |
| 2012 | 512,933 | 459,638 | 53,295 | 36.1 | 10% |
| 2013 | 508,293 | 469,195 | 39,098 | 35.0 | 9% |
| 2014 | 480,981 | 455,975 | 25,006 | 19.9 | 11% |
| 2015 | 440,194 | 427,752 | 12,442 | 12.4 | 10% |
| 2016 | 431,860 | 518,148 | −86,288 | 5.9 | 7% |
| 2017 | 1,279,174 | 597,065 | 682,109 | 18.8 | 7% |
| 2018 | 487,490 | 641,803 | −154,313 | 14.5 | 7% |
| 2019 | 550,011 | 497,633 | 52,378 | 20.0 | 7% |
| 2020 | 475,870 | 557,242 | −81,372 | 16.1 | 10% |
| 2021 | 474,853 | 732,278 | −257,425 | 8.0 | 8% |
| 2022 | 511,394 | 622,886 | −111,492 | 7.8 | 9% |
| 2023 | 1,016,849 | 1,140,249 | −123,400 | 3.2 | 3% |
In its most recent public year (2023), this organization spent $123,400 more than it brought in. Its reserves stood at about 3.2 months of spending, down from 39.8 in 2010. Staff pay was 3% 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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