Midwest Community Real Estate Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,115,777 | 3,863,386 | −747,609 | 3.2 | 0% |
| 2012 | 2,904,225 | 3,709,076 | −804,851 | 0.7 | 0% |
| 2013 | 223,653 | 3,461,828 | −3,238,175 | -10.5 | 0% |
| 2014 | 2,497,857 | 3,622,092 | −1,124,235 | -13.7 | 0% |
| 2015 | 2,207,811 | 3,327,522 | −1,119,711 | -19.0 | 0% |
| 2016 | 548,610 | 3,076,799 | −2,528,189 | -30.4 | 0% |
| 2017 | 2,055,837 | 3,282,745 | −1,226,908 | -33.0 | 0% |
| 2018 | 2,057,199 | 2,686,149 | −628,950 | -43.1 | 0% |
| 2019 | 1,904,134 | 2,522,547 | −618,413 | -48.8 | 0% |
| 2020 | 1,970,686 | 2,507,644 | −536,958 | -51.7 | 0% |
| 2021 | 2,573,184 | 2,209,397 | 363,787 | -56.7 | 0% |
| 2022 | 1,541,719 | 2,292,250 | −750,531 | -58.6 | 0% |
| 2023 | 2,178,632 | 2,337,785 | −159,153 | -58.3 | 0% |
In its most recent public year (2023), this organization spent $159,153 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-58.3 months), down from 3.2 in 2011. 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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