Hudesman House Apartments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 499,488 | 0 | 499,488 | — | — |
| 2014 | 2,501,774 | 12,659 | 2,489,115 | 2833.0 | 0% |
| 2015 | 140,611 | 186,037 | −45,426 | 16.1 | 6% |
| 2016 | 108,552 | 206,612 | −98,060 | 8.8 | 4% |
| 2017 | 107,987 | 207,611 | −99,624 | 3.0 | 4% |
| 2018 | 105,645 | 221,211 | −115,566 | -3.4 | 4% |
| 2019 | 115,801 | 216,947 | −101,146 | -9.1 | 4% |
| 2020 | 120,209 | 223,161 | −102,952 | -14.4 | 4% |
| 2021 | 126,319 | 220,508 | −94,189 | -19.7 | 5% |
| 2022 | 108,178 | 225,136 | −116,958 | -25.5 | 5% |
| 2023 | 122,250 | 226,439 | −104,189 | -30.9 | 7% |
| 2024 | 128,666 | 237,718 | −109,052 | -34.9 | 6% |
In its most recent public year (2024), this organization spent $109,052 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-34.9 months). Staff pay was 6% 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 2024. 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
Hudesman House Apartments's IRS filings as a feed — one entry per filing year, through 2024. 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