Midwest Housing Equity Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,973,370 | 5,757,225 | 2,216,145 | 53.2 | 46% |
| 2012 | 11,205,198 | 10,179,523 | 1,025,675 | 31.4 | 29% |
| 2013 | 9,428,563 | 7,350,433 | 2,078,130 | 47.2 | 49% |
| 2014 | 10,027,900 | 7,265,496 | 2,762,404 | 52.3 | 57% |
| 2015 | 9,732,521 | 7,385,248 | 2,347,273 | 55.1 | 59% |
| 2016 | 10,419,720 | 7,813,332 | 2,606,388 | 56.2 | 58% |
| 2017 | 11,294,099 | 8,309,529 | 2,984,570 | 57.7 | 57% |
| 2018 | 12,765,416 | 9,168,572 | 3,596,844 | 56.6 | 58% |
| 2019 | 12,902,860 | 9,934,609 | 2,968,251 | 56.3 | 60% |
| 2020 | 14,329,686 | 10,445,879 | 3,883,807 | 58.0 | 64% |
| 2021 | 16,662,008 | 11,763,985 | 4,898,023 | 56.5 | 64% |
| 2022 | 17,847,318 | 12,897,907 | 4,949,411 | 56.1 | 64% |
| 2023 | 19,164,596 | 14,071,883 | 5,092,713 | 55.8 | 65% |
In its most recent public year (2023), this organization brought in $5,092,713 more than it spent. Its reserves stood at about 55.8 months of spending, up from 53.2 in 2011. Staff pay was 65% 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
Midwest Housing Equity Group Inc's IRS filings as a feed — one entry per filing year, through 2023. 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