Bec New Communities Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 259,899 | 258,517 | 1,382 | 10.9 | 72% |
| 2011 | 296,613 | 257,151 | 39,462 | 12.8 | 70% |
| 2012 | 315,200 | 325,523 | −10,323 | 9.8 | 63% |
| 2013 | 315,200 | 325,523 | −10,323 | 9.8 | 63% |
| 2014 | 273,260 | 289,691 | −16,431 | 13.2 | 67% |
| 2015 | 436,387 | 651,998 | −215,611 | 1.9 | 25% |
| 2016 | 309,519 | 401,956 | −92,437 | 0.3 | 47% |
| 2017 | 1,615,747 | 568,520 | 1,047,227 | 22.3 | 66% |
| 2018 | 77,545 | 571,628 | −494,083 | 11.8 | 58% |
| 2019 | 60,272 | 410,865 | −350,593 | 6.2 | 43% |
| 2020 | 73,653 | 254,161 | −180,508 | 1.5 | 59% |
| 2021 | 389,121 | 295,317 | 93,804 | 5.1 | 59% |
| 2022 | 260,692 | 296,834 | −36,142 | 3.6 | 65% |
| 2023 | 145,229 | 171,956 | −26,727 | 4.4 | 62% |
In its most recent public year (2023), this organization spent $26,727 more than it brought in. Its reserves stood at about 4.4 months of spending, down from 10.9 in 2010. Staff pay was 62% 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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