Nb Housing Partners
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 197,245 | 1,903 | 195,342 | 1231.8 | — |
| 2014 | 252,340 | 15,398 | 236,942 | 336.9 | 0% |
| 2015 | 14,233 | 3,238 | 10,995 | 1642.8 | 0% |
| 2016 | 960,408 | 7,577 | 952,831 | 2211.1 | 0% |
| 2017 | 157,600 | 295,476 | −137,876 | 51.1 | 0% |
| 2018 | 3,150 | 6,780 | −3,630 | 2220.5 | 0% |
| 2019 | 0 | 185,849 | −185,849 | 69.0 | 0% |
| 2020 | 35,938 | 1,894 | 34,044 | 6987.1 | 0% |
| 2021 | 1,355,509 | 960,964 | 394,545 | 9.3 | 26% |
| 2022 | 1,271,980 | 1,280,002 | −8,022 | 6.9 | 37% |
| 2023 | 2,535,429 | 1,425,579 | 1,109,850 | 15.6 | 47% |
In its most recent public year (2023), this organization brought in $1,109,850 more than it spent. Its reserves stood at about 15.6 months of spending, down from 1231.8 in 2013. Staff pay was 47% of spending. $39,038 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
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