Home & Building Association Of Greater Grand Rapids
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 620,834 | 632,666 | −11,832 | 3.9 | 24% |
| 2012 | 701,091 | 716,689 | −15,598 | 3.2 | 16% |
| 2013 | 864,405 | 811,621 | 52,784 | 3.6 | 26% |
| 2014 | 888,285 | 833,930 | 54,355 | 4.3 | 28% |
| 2015 | 904,756 | 845,078 | 59,678 | 5.1 | 27% |
| 2016 | 927,151 | 1,070,406 | −143,255 | 2.4 | 27% |
| 2017 | 940,703 | 1,055,407 | −114,704 | 1.1 | 32% |
| 2018 | 818,948 | 909,707 | −90,759 | 0.1 | 34% |
| 2019 | 791,778 | 652,598 | 139,180 | 2.7 | 28% |
| 2020 | 599,808 | 539,838 | 59,970 | 4.6 | 28% |
| 2021 | 599,661 | 464,046 | 135,615 | 9.2 | 31% |
| 2022 | 533,242 | 481,439 | 51,803 | 10.1 | 32% |
| 2023 | 651,524 | 541,511 | 110,013 | 11.4 | 31% |
In its most recent public year (2023), this organization brought in $110,013 more than it spent. Its reserves stood at about 11.4 months of spending, up from 3.9 in 2011. Staff pay was 31% of spending. $45,000 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
Home & Building Association Of Greater Grand Rapids'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