Affordable Housing And Economic Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,082 | 1,082 | 0 | 0.0 | — |
| 2016 | 127,000 | 5,580 | 121,420 | 261.1 | — |
| 2017 | 253,415 | 152,989 | 100,426 | 17.4 | 63% |
| 2018 | 328,518 | 269,688 | 58,830 | 12.5 | 72% |
| 2019 | 149,238 | 279,009 | −129,771 | 6.5 | — |
| 2020 | 552,247 | 6,562 | 545,685 | 2736.8 | 0% |
| 2021 | 476,691 | 3,329 | 473,362 | 7101.1 | 0% |
| 2022 | 26,551 | 7,601 | 18,950 | 3140.0 | 0% |
| 2023 | 5,152,042 | 6,018 | 5,146,024 | 14227.2 | 0% |
In its most recent public year (2023), this organization brought in $5,146,024 more than it spent. Its reserves stood at about 14227.2 months of spending, up from 0 in 2015. 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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