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Linc Up Nonprofit Housing Corporation

Grand Rapids, MI / EIN 38-3537915 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20115,300,5044,242,7941,057,71017.021%
20123,545,4013,305,258240,14322.736%
20136,703,1843,955,8292,747,35527.333%
20144,853,1773,928,991924,18630.336%
20153,046,6493,490,918−444,26932.533%
20161,700,1963,490,673−1,790,47726.135%
20173,022,8073,086,105−63,29829.231%
20182,032,0062,310,300−278,29436.232%
20193,631,1903,178,979452,21131.723%
20202,663,7851,486,7581,177,02783.535%
20211,506,3902,556,101−1,049,71143.643%
20223,052,5042,833,181219,32340.340%
20232,178,8492,940,159−761,31036.844%

In its most recent public year (2023), this organization spent $761,310 more than it brought in. Its reserves stood at about 36.8 months of spending, up from 17 in 2011. Staff pay was 44% of spending. $667,867 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

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