Chicago Metropolitan Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,928,148 | 6,579,091 | 1,349,057 | 31.6 | 9% |
| 2012 | 6,255,196 | 6,583,552 | −328,356 | 30.9 | 11% |
| 2013 | 6,844,807 | 6,699,464 | 145,343 | 30.7 | 10% |
| 2014 | 6,060,527 | 7,176,097 | −1,115,570 | 26.8 | 8% |
| 2015 | 7,555,092 | 7,493,758 | 61,334 | 25.7 | 9% |
| 2016 | 7,116,600 | 7,485,664 | −369,064 | 25.2 | 8% |
| 2017 | 7,389,708 | 7,879,202 | −489,494 | 23.2 | 7% |
| 2018 | 7,601,243 | 9,536,075 | −1,934,832 | 16.7 | 5% |
| 2019 | 7,237,656 | 8,944,803 | −1,707,147 | 15.5 | 5% |
| 2020 | 7,251,349 | 9,352,505 | −2,101,156 | 12.1 | 5% |
| 2021 | 7,394,940 | 9,504,804 | −2,109,864 | 9.3 | 2% |
| 2022 | 7,582,720 | 10,037,514 | −2,454,794 | 5.9 | 2% |
| 2023 | 10,244,863 | 10,703,797 | −458,934 | 0.8 | 2% |
In its most recent public year (2023), this organization spent $458,934 more than it brought in. Its reserves stood at about 0.8 months of spending, down from 31.6 in 2011. Staff pay was 2% 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
Chicago Metropolitan 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