Bridgewell Merrimac Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,429 | 69,170 | 1,259 | 84.7 | 0% |
| 2012 | 39,007 | 64,438 | −25,431 | 86.1 | 0% |
| 2013 | 35,710 | 66,058 | −30,348 | 78.5 | 0% |
| 2014 | 34,399 | 62,676 | −28,277 | 77.3 | 0% |
| 2015 | 49,000 | 63,863 | −14,863 | 73.1 | 0% |
| 2016 | 39,291 | 72,491 | −33,200 | 58.9 | 0% |
| 2017 | 45,422 | 83,525 | −38,103 | 45.7 | 0% |
| 2018 | 39,543 | 63,591 | −24,048 | 55.4 | 0% |
| 2019 | 45,586 | 66,929 | −21,343 | 48.8 | 0% |
| 2020 | 47,973 | 65,952 | −17,979 | 46.3 | 0% |
| 2021 | 51,097 | 68,574 | −17,477 | 41.5 | 0% |
| 2022 | 48,483 | 71,046 | −22,563 | 36.2 | 0% |
| 2023 | 48,482 | 71,596 | −23,114 | 32.1 | 0% |
In its most recent public year (2023), this organization spent $23,114 more than it brought in. Its reserves stood at about 32.1 months of spending, down from 84.7 in 2011. Staff pay was 0% of spending. $549,200 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
Bridgewell Merrimac Housing 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