Nassau Center Residential Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,709 | 88,438 | −28,729 | -25.4 | — |
| 2012 | 60,001 | 80,445 | −20,444 | -31.0 | — |
| 2013 | 61,115 | 82,345 | −21,230 | -33.4 | — |
| 2014 | 61,049 | 79,583 | −18,534 | -37.4 | — |
| 2015 | 60,592 | 78,759 | −18,167 | -40.5 | — |
| 2016 | 73,317 | 70,313 | 3,004 | -44.9 | — |
| 2017 | 86,860 | 63,957 | 22,903 | -45.0 | — |
| 2018 | 75,241 | 81,948 | −6,707 | -36.1 | — |
| 2019 | 79,618 | 96,248 | −16,630 | -32.8 | — |
| 2020 | 81,748 | 108,300 | −26,552 | -32.1 | — |
| 2021 | 86,283 | 103,310 | −17,027 | -35.6 | — |
| 2022 | 85,904 | 113,636 | −27,732 | -35.3 | — |
| 2023 | 86,352 | 105,917 | −19,565 | -40.1 | — |
In its most recent public year (2023), this organization spent $19,565 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-40.1 months), down from -25.4 in 2011.
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
Nassau Center Residential Development Corp'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