Greater Minnesota Housing Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,685,647 | 6,344,752 | −659,105 | 110.1 | 16% |
| 2012 | 7,490,641 | 6,262,021 | 1,228,620 | 113.7 | 18% |
| 2013 | 8,336,498 | 5,731,744 | 2,604,754 | 127.0 | 23% |
| 2014 | 14,927,436 | 7,565,788 | 7,361,648 | 108.8 | 20% |
| 2015 | 8,798,608 | 5,959,024 | 2,839,584 | 143.1 | 27% |
| 2016 | 11,087,098 | 5,587,246 | 5,499,852 | 163.9 | 32% |
| 2017 | 3,301,557 | 5,148,804 | −1,847,247 | 174.3 | 38% |
| 2018 | 10,412,534 | 6,183,238 | 4,229,296 | 158.9 | 32% |
| 2019 | 5,924,189 | 7,155,121 | −1,230,932 | 139.5 | 31% |
| 2020 | 16,987,939 | 7,423,519 | 9,564,420 | 155.6 | 35% |
| 2021 | 19,170,053 | 8,877,055 | 10,292,998 | 145.5 | 28% |
| 2022 | 25,043,112 | 12,440,295 | 12,602,817 | 111.0 | 26% |
| 2023 | 21,142,915 | 10,679,953 | 10,462,962 | 144.2 | 33% |
In its most recent public year (2023), this organization brought in $10,462,962 more than it spent. Its reserves stood at about 144.2 months of spending, up from 110.1 in 2011. Staff pay was 33% of spending. $8,815,711 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
Greater Minnesota Housing Fund'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