Michigan Housing Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 113,755 | 111,869 | 1,886 | 0.6 | — |
| 2012 | 145,108 | 114,953 | 30,155 | 3.8 | — |
| 2013 | 121,018 | 114,336 | 6,682 | 4.5 | — |
| 2014 | 136,958 | 136,399 | 559 | 3.8 | — |
| 2015 | 130,296 | 116,441 | 13,855 | 5.9 | — |
| 2016 | 128,847 | 122,855 | 5,992 | 6.2 | — |
| 2017 | 112,363 | 108,387 | 3,976 | 7.4 | — |
| 2018 | 127,163 | 125,545 | 1,618 | 6.6 | — |
| 2019 | 118,820 | 117,545 | 1,275 | 7.1 | — |
| 2020 | 83,537 | 97,671 | −14,134 | 6.9 | — |
| 2021 | 113,164 | 92,484 | 20,680 | 9.9 | — |
| 2022 | 124,217 | 120,897 | 3,320 | 7.9 | — |
| 2023 | 146,650 | 125,146 | 21,504 | 9.7 | — |
In its most recent public year (2023), this organization brought in $21,504 more than it spent. Its reserves stood at about 9.7 months of spending, up from 0.6 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
Michigan Housing Council'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