Lansing Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,105,280 | 3,345,056 | −239,776 | 5.3 | 52% |
| 2012 | 2,958,878 | 3,087,122 | −128,244 | 5.2 | 52% |
| 2013 | 3,248,429 | 3,283,940 | −35,511 | 4.8 | 51% |
| 2014 | 3,680,403 | 3,499,168 | 181,235 | 5.1 | 50% |
| 2015 | 3,898,403 | 3,459,528 | 438,875 | 6.7 | 52% |
| 2016 | 3,179,257 | 3,341,704 | −162,447 | 6.3 | 53% |
| 2017 | 3,449,658 | 3,482,647 | −32,989 | 5.9 | 53% |
| 2018 | 3,396,096 | 3,531,027 | −134,931 | 5.4 | 54% |
| 2019 | 3,518,122 | 3,573,455 | −55,333 | 5.2 | 52% |
| 2020 | 4,092,397 | 3,413,835 | 678,562 | 7.8 | 56% |
| 2021 | 3,227,967 | 3,469,790 | −241,823 | 6.8 | 56% |
| 2022 | 2,935,195 | 3,452,037 | −516,842 | 5.1 | 58% |
| 2023 | 3,093,957 | 3,453,878 | −359,921 | 3.8 | 58% |
In its most recent public year (2023), this organization spent $359,921 more than it brought in. Its reserves stood at about 3.8 months of spending, down from 5.3 in 2011. Staff pay was 58% 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 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
Lansing 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