National Association Of Housing & Redevelopment Officals
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 92,801 | 53,597 | 39,204 | 29.2 | — |
| 2021 | 54,910 | 44,927 | 9,983 | 37.5 | — |
| 2022 | 313,289 | 198,609 | 114,680 | 15.7 | 13% |
| 2023 | 192,704 | 205,135 | −12,431 | 13.2 | 16% |
In its most recent public year (2023), this organization spent $12,431 more than it brought in. Its reserves stood at about 13.2 months of spending, down from 29.2 in 2020. Staff pay was 16% 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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