Madison Heights Non-Profit Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,310,986 | 1,110,700 | 200,286 | -7.4 | 0% |
| 2017 | 1,328,431 | 1,146,582 | 181,849 | -5.3 | 0% |
| 2018 | 1,363,117 | 1,093,194 | 269,923 | -2.6 | 0% |
| 2019 | 1,399,870 | 1,167,609 | 232,261 | -0.1 | 0% |
| 2020 | 1,427,604 | 1,269,201 | 158,403 | 1.4 | 0% |
| 2021 | 1,642,348 | 1,334,444 | 307,904 | 4.1 | 0% |
| 2022 | 1,709,164 | 1,362,178 | 346,986 | 7.1 | 0% |
| 2023 | 1,770,408 | 1,505,451 | 264,957 | 8.6 | 0% |
| 2024 | 1,849,020 | 1,584,703 | 264,317 | 10.1 | 0% |
In its most recent public year (2024), this organization brought in $264,317 more than it spent. Its reserves stood at about 10.1 months of spending, up from -7.4 in 2016. 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 2024. 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
Madison Heights Non-Profit Housing Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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