East Detroit Area Non-Profit Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 493,288 | 556,093 | −62,805 | 43.5 | 16% |
| 2012 | 506,711 | 606,940 | −100,229 | 37.9 | 19% |
| 2013 | 506,719 | 614,257 | −107,538 | 35.3 | 17% |
| 2014 | 627,161 | 597,137 | 30,024 | 36.9 | 19% |
| 2015 | 507,639 | 573,372 | −65,733 | 37.1 | 19% |
| 2016 | 521,066 | 616,291 | −95,225 | 32.6 | 18% |
| 2017 | 502,985 | 620,554 | −117,569 | 30.1 | 18% |
| 2018 | 477,779 | 619,806 | −142,027 | 27.4 | 18% |
| 2019 | 477,267 | 668,055 | −190,788 | 22.0 | 18% |
| 2020 | 516,354 | 660,834 | −144,480 | 19.6 | 16% |
| 2021 | 559,085 | 674,890 | −115,805 | 17.2 | 17% |
| 2022 | 576,372 | 735,980 | −159,608 | 13.1 | 16% |
| 2023 | 591,296 | 765,985 | −174,689 | 9.9 | 14% |
In its most recent public year (2023), this organization spent $174,689 more than it brought in. Its reserves stood at about 9.9 months of spending, down from 43.5 in 2011. Staff pay was 14% of spending. $3,463,100 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
East Detroit Area 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