Midwest Housing Initiatives Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,108,045 | 79,433 | 1,028,612 | 593.8 | 0% |
| 2012 | 300,602 | 120,013 | 180,589 | 411.0 | 0% |
| 2013 | 199,722 | 173,222 | 26,500 | 286.6 | 0% |
| 2014 | 575,974 | 137,814 | 438,160 | 398.4 | 0% |
| 2015 | 186,456 | 136,923 | 49,533 | 405.3 | 0% |
| 2016 | 143,533 | 158,615 | −15,082 | 366.9 | 0% |
| 2017 | 421,108 | 157,367 | 263,741 | 390.0 | 0% |
| 2018 | 706,677 | 841,885 | −135,208 | 71.0 | 0% |
| 2019 | 1,147,970 | 1,050,609 | 97,361 | 58.0 | 0% |
| 2020 | 283,539 | 327,758 | −44,219 | 184.2 | 0% |
| 2021 | 1,732,566 | 1,781,624 | −49,058 | 33.6 | 0% |
| 2022 | 820,758 | 888,089 | −67,331 | 66.4 | 0% |
| 2023 | 1,959,188 | 1,833,662 | 125,526 | 33.0 | 0% |
In its most recent public year (2023), this organization brought in $125,526 more than it spent. Its reserves stood at about 33 months of spending, down from 593.8 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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