Home Builders And Remodelers Association Of Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 172,862 | 146,333 | 26,529 | 8.2 | 0% |
| 2014 | 214,186 | 148,872 | 65,314 | 13.4 | 0% |
| 2015 | 216,760 | 183,399 | 33,361 | 12.7 | 0% |
| 2016 | 195,217 | 162,510 | 32,707 | 16.2 | 0% |
| 2017 | 214,493 | 189,685 | 24,808 | 15.4 | 0% |
| 2018 | 89,917 | 118,065 | −28,148 | 21.7 | 0% |
| 2019 | 237,698 | 262,363 | −24,665 | 8.9 | 0% |
| 2020 | 211,688 | 226,120 | −14,432 | 9.6 | 24% |
| 2021 | 240,541 | 241,598 | −1,057 | 8.9 | 22% |
| 2022 | 521,501 | 501,355 | 20,146 | 4.8 | 11% |
| 2023 | 397,915 | 478,646 | −80,731 | 3.1 | 12% |
In its most recent public year (2023), this organization spent $80,731 more than it brought in. Its reserves stood at about 3.1 months of spending, down from 8.2 in 2013. Staff pay was 12% 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
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