Carmel Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,377,533 | 1,294,893 | 82,640 | -3.1 | 0% |
| 2012 | 1,333,851 | 1,231,935 | 101,916 | -2.2 | 0% |
| 2013 | 8,377,222 | 932,578 | 7,444,644 | 92.8 | 0% |
| 2014 | 588,613 | 14,942 | 573,671 | 6255.6 | 0% |
| 2015 | 755,683 | 25,000 | 730,683 | 4089.6 | 0% |
| 2016 | 537,465 | 10,000 | 527,465 | 10860.0 | 0% |
| 2017 | 734,538 | 10,000 | 724,538 | 11729.4 | 0% |
| 2018 | 783,315 | 15,500 | 767,815 | 8161.8 | 0% |
| 2019 | 841,936 | 18,000 | 823,936 | 7577.5 | 0% |
| 2020 | 892,084 | 17,300 | 874,784 | 8490.9 | 0% |
| 2021 | 930,314 | 18,250 | 912,064 | 8648.6 | 0% |
| 2022 | 1,080,482 | 18,250 | 1,062,232 | 9347.1 | 0% |
| 2023 | 1,147,778 | 19,545 | 1,128,233 | 9420.5 | 0% |
In its most recent public year (2023), this organization brought in $1,128,233 more than it spent. Its reserves stood at about 9420.5 months of spending, up from -3.1 in 2011. 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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