Michigan Rural Rehabilitation Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 316,385 | 345,733 | −29,348 | 192.9 | 31% |
| 2013 | 281,278 | 340,976 | −59,698 | 193.5 | 30% |
| 2014 | 296,027 | 311,240 | −15,213 | 211.4 | 39% |
| 2015 | 268,070 | 335,733 | −67,663 | 193.6 | 43% |
| 2016 | 388,792 | 286,702 | 102,090 | 230.9 | 52% |
| 2017 | 255,925 | 250,009 | 5,916 | 265.1 | 51% |
| 2018 | 210,661 | 231,158 | −20,497 | 285.7 | 56% |
| 2019 | 283,740 | 215,087 | 68,653 | 310.9 | 57% |
| 2020 | 300,030 | 273,816 | 26,214 | 245.3 | 41% |
| 2021 | 288,328 | 237,445 | 50,883 | 287.9 | 48% |
| 2022 | 303,009 | 243,480 | 59,529 | 283.7 | 49% |
| 2023 | 272,361 | 244,624 | 27,737 | 283.7 | 29% |
| 2024 | 303,452 | 258,191 | 45,261 | 270.9 | 52% |
In its most recent public year (2024), this organization brought in $45,261 more than it spent. Its reserves stood at about 270.9 months of spending, up from 192.9 in 2012. Staff pay was 52% of spending.
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 2024. 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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