Norwood Affordable Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 29,746 | 46,073 | −16,327 | 83.2 | 0% |
| 2012 | 42,655 | 52,273 | −9,618 | 71.2 | 0% |
| 2013 | 48,872 | 42,924 | 5,948 | 88.3 | 0% |
| 2014 | 41,533 | 54,679 | −13,146 | 66.5 | 0% |
| 2015 | 125,993 | 40,550 | 85,443 | 114.9 | 0% |
| 2016 | 43,107 | 44,296 | −1,189 | 104.9 | 0% |
| 2017 | 43,377 | 42,681 | 696 | 109.0 | 0% |
| 2018 | 126,361 | 45,033 | 81,328 | 125.3 | 0% |
| 2019 | 47,241 | 46,688 | 553 | 121.0 | 0% |
| 2020 | 125,691 | 48,504 | 77,187 | 135.6 | 0% |
| 2021 | 44,574 | 41,217 | 3,357 | 161.7 | 0% |
| 2022 | 36,293 | 39,902 | −3,609 | 166.0 | 0% |
| 2023 | 31,270 | 45,440 | −14,170 | 142.0 | 0% |
In its most recent public year (2023), this organization spent $14,170 more than it brought in. Its reserves stood at about 142 months of spending, up from 83.2 in 2011. 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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