Mcallen Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 37,234 | 21,839 | 15,395 | 513.5 | 0% |
| 2016 | 108,168 | 55,615 | 52,553 | 209.9 | 0% |
| 2017 | 124,953 | 65,364 | 59,589 | 189.6 | 0% |
| 2018 | 133,529 | 91,531 | 41,998 | 141.0 | 0% |
| 2019 | 205,642 | 145,174 | 60,468 | 93.9 | 0% |
| 2020 | 1,891,196 | 441,653 | 1,449,543 | 70.2 | 0% |
| 2021 | 788,883 | 686,631 | 102,252 | 47.0 | 0% |
| 2022 | 578,827 | 524,039 | 54,788 | 62.8 | 0% |
| 2023 | 1,037,915 | 602,270 | 435,645 | 63.3 | 0% |
In its most recent public year (2023), this organization brought in $435,645 more than it spent. Its reserves stood at about 63.3 months of spending, down from 513.5 in 2015. Staff pay was 0% of spending. $1,179,266 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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