Operating record

Mark Lane Housing Corp

Waterbury, CT · EIN 06-1356231 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$164,589$113,077$51,51247.80%
2021$164,497$148,946$15,55137.50%
2022$164,496$126,282$38,21447.90%
2023$164,496$115,535$48,96157.40%

In its most recent public year (2023), this organization brought in $48,961 more than it spent. Its reserves stood at about 57.4 months of spending, up from 47.8 in 2020. 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 ↗