Herreid Area Housing Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 65,206 | 30,333 | 34,873 | 16.3 | 0% |
| 2018 | 80,913 | 61,121 | 19,792 | 12.0 | — |
| 2019 | 61,263 | 54,147 | 7,116 | 15.1 | 0% |
| 2020 | 219,599 | 146,322 | 73,277 | 11.6 | 0% |
| 2021 | 171,124 | 131,424 | 39,700 | 16.5 | 0% |
| 2022 | 143,789 | 103,270 | 40,519 | 25.7 | 0% |
| 2023 | 242,538 | 191,154 | 51,384 | 17.1 | 0% |
In its most recent public year (2023), this organization brought in $51,384 more than it spent. Its reserves stood at about 17.1 months of spending. 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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