Grand Traverse Area Independent Non-Profit Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 97,696 | 116,460 | −18,764 | -6.4 | — |
| 2012 | 93,353 | 123,898 | −30,545 | -9.0 | — |
| 2013 | 112,883 | 128,775 | −15,892 | -10.2 | — |
| 2014 | 119,079 | 104,381 | 14,698 | -9.9 | — |
| 2015 | 109,279 | 114,154 | −4,875 | -9.6 | — |
| 2016 | 111,071 | 91,893 | 19,178 | -9.4 | — |
| 2017 | 108,090 | 90,789 | 17,301 | -7.2 | — |
| 2018 | 255,715 | 81,769 | 173,946 | 17.5 | 0% |
| 2019 | 103,791 | 173,877 | −70,086 | 3.4 | — |
| 2020 | 99,536 | 101,325 | −1,789 | 6.1 | — |
| 2021 | 115,876 | 102,403 | 13,473 | 7.6 | — |
| 2022 | 126,133 | 147,800 | −21,667 | 3.5 | — |
| 2023 | 118,590 | 171,440 | −52,850 | -0.7 | — |
In its most recent public year (2023), this organization spent $52,850 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months), up from -6.4 in 2011.
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
Grand Traverse Area Independent Non-Profit Housing 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