Operating record

Selk Housing Development Fund Company Inc

Queens Vlg, NY · EIN 13-3230516 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2019$1,585,936$1,735,558−$149,622-24.412%
2020$1,557,488$1,679,365−$121,877-26.310%
2021$1,528,319$1,720,450−$192,131-26.89%
2022$1,598,899$1,999,398−$400,499-25.58%
2023$1,702,592$1,694,853$7,739-29.911%

In its most recent public year (2023), this organization brought in $7,739 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-29.9 months), down from -24.4 in 2019. Staff pay was 11% 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 ↗