Twin Cities Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,525,872 | 1,645,441 | −119,569 | 13.3 | 33% |
| 2012 | 2,384,467 | 2,140,845 | 243,622 | 11.6 | 26% |
| 2013 | 3,218,642 | 2,594,232 | 624,410 | 12.5 | 23% |
| 2014 | 3,029,930 | 2,140,551 | 889,379 | 20.1 | 29% |
| 2015 | 3,278,337 | 2,269,898 | 1,008,439 | 24.3 | 29% |
| 2016 | 3,497,368 | 2,774,518 | 722,850 | 23.0 | 25% |
| 2017 | 2,057,698 | 2,455,897 | −398,199 | 24.0 | 30% |
| 2018 | 3,670,897 | 2,168,043 | 1,502,854 | 35.5 | 32% |
| 2019 | 2,497,776 | 2,279,006 | 218,770 | 39.0 | 31% |
| 2020 | 2,799,180 | 2,312,789 | 486,391 | 40.9 | 31% |
| 2021 | 4,204,913 | 3,428,500 | 776,413 | 30.0 | 21% |
| 2022 | 4,942,129 | 4,563,140 | 378,989 | 27.2 | 17% |
| 2023 | 6,026,846 | 5,780,048 | 246,798 | 24.1 | 14% |
In its most recent public year (2023), this organization brought in $246,798 more than it spent. Its reserves stood at about 24.1 months of spending, up from 13.3 in 2011. Staff pay was 14% of spending. $25,520 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
Twin Cities Housing Development Corporation'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