Metropolitan Housing And Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,045,140 | 1,125,424 | −80,284 | 19.9 | 6% |
| 2012 | 695,664 | 989,648 | −293,984 | 19.0 | 21% |
| 2013 | 596,321 | 627,623 | −31,302 | 29.4 | 0% |
| 2014 | 710,061 | 790,425 | −80,364 | 22.1 | 0% |
| 2015 | 448,129 | 637,494 | −189,365 | 23.9 | 0% |
| 2016 | 1,103,137 | 515,775 | 587,362 | 43.2 | 0% |
| 2017 | 903,064 | 551,822 | 351,242 | 48.0 | 0% |
| 2018 | 649,271 | 699,219 | −49,948 | 37.0 | 0% |
| 2019 | 593,351 | 669,768 | −76,417 | 37.3 | 0% |
| 2020 | 660,159 | 591,997 | 68,162 | 43.5 | 0% |
| 2021 | 776,841 | 1,157,407 | −380,566 | 18.3 | 0% |
| 2022 | 812,117 | 804,272 | 7,845 | 26.5 | 0% |
| 2023 | 627,334 | 876,940 | −249,606 | 24.8 | 0% |
In its most recent public year (2023), this organization spent $249,606 more than it brought in. Its reserves stood at about 24.8 months of spending, up from 19.9 in 2011. Staff pay was 0% of spending. $76,000 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
Metropolitan Housing And Community Development Corporation'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