General Chauncey M Hooper Towers Housing Development Fund Co Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −90,108 | 41,128 | −131,236 | -496.8 | 93% |
| 2012 | −16,556 | 36,456 | −53,012 | -578.0 | 93% |
| 2013 | −189,248 | 25,734 | −214,982 | -919.0 | 100% |
| 2014 | 78,931 | 34,066 | 44,865 | -678.4 | 100% |
| 2015 | −92,617 | 36,278 | −128,895 | -679.7 | 100% |
| 2016 | 1,496,455 | 1,508,565 | −12,110 | -16.4 | 10% |
| 2017 | 1,562,798 | 1,649,954 | −87,156 | -15.7 | 11% |
| 2018 | 1,744,916 | 3,186,920 | −1,442,004 | -13.5 | 6% |
| 2019 | 1,903,054 | 1,957,733 | −54,679 | -22.4 | 7% |
| 2020 | 2,002,683 | 1,961,071 | 41,612 | -22.1 | 6% |
| 2021 | 2,011,613 | 2,222,743 | −211,130 | -20.6 | 7% |
| 2022 | 2,081,773 | 2,474,195 | −392,422 | -20.4 | 4% |
| 2023 | 2,269,853 | 2,393,460 | −123,607 | -21.7 | 7% |
In its most recent public year (2023), this organization spent $123,607 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-21.7 months), up from -496.8 in 2011. Staff pay was 7% 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
General Chauncey M Hooper Towers Housing Development Fund Co Inc'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