Ninth Ward Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 67,797 | 15 | 67,782 | 525901.6 | — |
| 2012 | 179,721 | 5,325 | 174,396 | 1874.4 | — |
| 2013 | 0 | 85,850 | −85,850 | 104.3 | — |
| 2014 | 4,000 | 733 | 3,267 | 12265.0 | — |
| 2015 | 0 | 1,540 | −1,540 | 5825.8 | — |
| 2016 | 0 | 1,260 | −1,260 | 7108.5 | — |
| 2018 | −208,216 | 87,470 | −295,686 | 61.7 | 0% |
| 2019 | 76,364 | 29,542 | 46,822 | 201.8 | 0% |
| 2020 | 942,997 | 67,655 | 875,342 | 256.4 | 0% |
| 2021 | 355,511 | 119,629 | 235,882 | 168.6 | 0% |
| 2022 | 211,716 | 128,992 | 82,724 | 164.1 | 0% |
| 2023 | 364,001 | 147,994 | 216,007 | 160.5 | 0% |
| 2024 | 103,635 | 182,585 | −78,950 | 125.5 | 0% |
In its most recent public year (2024), this organization spent $78,950 more than it brought in. Its reserves stood at about 125.5 months of spending, down from 525901.6 in 2011. Staff pay was 0% of spending. $1,909,726 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 2024. 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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