Multifamily Ins Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 7,180,032 | 6,651,194 | 528,838 | 0.7 | 0% |
| 2020 | 7,552,091 | 7,447,227 | 104,864 | 0.8 | 0% |
| 2021 | 7,578,441 | 7,969,562 | −391,121 | 0.2 | 0% |
| 2022 | 8,049,430 | 7,971,533 | 77,897 | 0.3 | 0% |
| 2023 | 8,734,887 | 7,959,826 | 775,061 | 1.5 | 0% |
In its most recent public year (2023), this organization brought in $775,061 more than it spent. Its reserves stood at about 1.5 months of spending. 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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