Greensboro Housing Management Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,828,740 | 2,096,654 | −267,914 | 24.4 | 0% |
| 2020 | 2,322,593 | 1,200,522 | 1,122,071 | 53.7 | 0% |
| 2021 | 1,406,372 | 770,179 | 636,193 | 93.7 | 0% |
| 2022 | 2,316,212 | 694,503 | 1,621,709 | 131.9 | 0% |
| 2023 | 724,370 | 715,067 | 9,303 | 128.3 | 0% |
In its most recent public year (2023), this organization brought in $9,303 more than it spent. Its reserves stood at about 128.3 months of spending, up from 24.4 in 2019. 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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