Metropolitan Affordable Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,004,883 | 561,675 | 1,443,208 | 251.3 | 41% |
| 2012 | 1,103,864 | 672,311 | 431,553 | 218.0 | 39% |
| 2013 | 4,513,630 | 1,766,728 | 2,746,902 | 100.8 | 22% |
| 2014 | 2,116,326 | 2,293,839 | −177,513 | 76.7 | 19% |
| 2015 | 3,424,148 | 2,208,331 | 1,215,817 | 85.4 | 21% |
| 2016 | 3,566,460 | 2,393,385 | 1,173,075 | 84.6 | 24% |
| 2017 | 2,677,540 | 2,241,697 | 435,843 | 92.7 | 23% |
| 2018 | 3,284,879 | 1,456,766 | 1,828,113 | 157.7 | 38% |
| 2019 | 1,783,578 | 1,506,806 | 276,772 | 163.1 | 38% |
| 2020 | 2,375,279 | 1,862,977 | 512,302 | 139.2 | 31% |
| 2021 | 2,734,673 | 1,870,852 | 863,821 | 144.2 | 37% |
| 2022 | 2,391,383 | 2,306,518 | 84,865 | 117.0 | 34% |
| 2023 | 7,807,931 | 4,865,738 | 2,942,193 | 54.5 | 27% |
In its most recent public year (2023), this organization brought in $2,942,193 more than it spent. Its reserves stood at about 54.5 months of spending, down from 251.3 in 2011. Staff pay was 27% of spending. $6,562,126 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
Metropolitan Affordable 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