First Montclair Housing Corporation I Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,813,829 | 1,759,305 | 54,524 | 9.9 | 24% |
| 2012 | 1,770,634 | 1,702,688 | 67,946 | 10.7 | 25% |
| 2013 | 1,779,693 | 1,820,442 | −40,749 | 9.8 | 23% |
| 2015 | 1,942,657 | 1,888,643 | 54,014 | 10.4 | 24% |
| 2017 | 2,441,572 | 2,038,692 | 402,880 | 14.1 | 24% |
| 2018 | 2,489,287 | 2,124,241 | 365,046 | 15.6 | 35% |
| 2019 | 2,582,274 | 2,200,577 | 381,697 | 17.1 | 36% |
| 2020 | 2,619,845 | 2,166,505 | 453,340 | 19.9 | 25% |
| 2021 | 2,750,185 | 2,273,617 | 476,568 | 21.5 | 24% |
| 2022 | 2,716,917 | 2,388,055 | 328,862 | 22.1 | 24% |
| 2023 | 2,799,561 | 2,416,945 | 382,616 | 23.7 | 25% |
In its most recent public year (2023), this organization brought in $382,616 more than it spent. Its reserves stood at about 23.7 months of spending, up from 9.9 in 2011. Staff pay was 25% 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
First Montclair Housing Corporation I 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