Metro Detroit Association Of Health Underwriters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 106,086 | 83,600 | 22,486 | 16.0 | 0% |
| 2021 | 58,966 | 70,804 | −11,838 | 16.8 | 0% |
| 2022 | 118,556 | 104,620 | 13,936 | 13.0 | 0% |
| 2023 | 84,028 | 111,367 | −27,339 | 9.3 | — |
In its most recent public year (2023), this organization spent $27,339 more than it brought in. Its reserves stood at about 9.3 months of spending, down from 16 in 2020.
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
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