Clarence J Nell Apartments Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 147,538 | 200,293 | −52,755 | -7.9 | 0% |
| 2011 | 149,305 | 270,551 | −121,246 | -11.3 | 0% |
| 2012 | 155,576 | 173,848 | −18,272 | -18.5 | 0% |
| 2013 | 156,511 | 189,671 | −33,160 | -18.3 | 0% |
| 2014 | 159,061 | 216,249 | −57,188 | -18.8 | 0% |
| 2015 | 152,796 | 289,776 | −136,980 | -20.6 | 0% |
| 2016 | 237,288 | 258,239 | −20,951 | -22.7 | 0% |
| 2017 | 231,317 | 288,498 | −57,181 | -22.5 | 0% |
| 2018 | 263,975 | 271,846 | −7,871 | -24.6 | 0% |
| 2019 | 230,476 | 273,891 | −43,415 | -25.8 | 0% |
| 2020 | 267,412 | 339,819 | −72,407 | -23.8 | 0% |
| 2021 | 337,146 | 303,280 | 33,866 | -24.7 | 0% |
| 2022 | 284,046 | 396,043 | −111,997 | -22.4 | 0% |
| 2023 | 272,674 | 302,879 | −30,205 | -30.6 | 0% |
In its most recent public year (2023), this organization spent $30,205 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-30.6 months), down from -7.9 in 2010. 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
Clarence J Nell Apartments Housing Development Fund 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