Murphy Lake Apartments Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 111,083 | 192,854 | −81,771 | 175.5 | 16% |
| 2011 | 129,039 | 202,376 | −73,337 | 162.9 | 18% |
| 2012 | 135,863 | 209,770 | −73,907 | 152.9 | 17% |
| 2013 | 146,489 | 207,658 | −61,169 | 150.9 | 18% |
| 2014 | 156,250 | 222,649 | −66,399 | 137.2 | 18% |
| 2015 | 153,758 | 224,143 | −70,385 | 132.5 | 17% |
| 2016 | 156,384 | 227,511 | −71,127 | 126.8 | 21% |
| 2017 | 156,567 | 213,246 | −56,679 | 132.1 | 23% |
| 2018 | 160,711 | 230,176 | −69,465 | 118.8 | 21% |
| 2019 | 164,012 | 233,369 | −69,357 | 113.6 | 22% |
| 2020 | 168,025 | 245,302 | −77,277 | 104.3 | 22% |
| 2021 | 182,981 | 254,710 | −71,729 | 97.0 | 21% |
| 2022 | 204,207 | 282,617 | −78,410 | 84.1 | 25% |
| 2023 | 218,623 | 303,775 | −85,152 | 74.9 | 28% |
In its most recent public year (2023), this organization spent $85,152 more than it brought in. Its reserves stood at about 74.9 months of spending, down from 175.5 in 2010. Staff pay was 28% of spending. $3,020,300 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
Murphy Lake Apartments 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