everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Velva Rental Housing Inc

Velva, ND / EIN 45-0333793 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011144,595134,8979,69822.96%
2012170,945139,59231,35324.86%
2013206,189172,39733,79222.55%
2014216,464193,82522,63921.44%
2015208,029222,769−14,74017.814%
2016197,340206,340−9,00018.713%
2017193,886211,079−17,19317.312%
2018178,485221,706−43,22114.116%
2019164,937202,103−37,16613.313%
2020193,980198,210−4,23013.313%
2021157,445205,499−48,05410.09%
2022156,759208,144−51,3855.75%
2023168,028216,070−48,0422.70%

In its most recent public year (2023), this organization spent $48,042 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 22.9 in 2011. Staff pay was 0% 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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