Gates Avenue Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 486,889 | 453,582 | 33,307 | 16.7 | 0% |
| 2012 | 451,940 | 396,232 | 55,708 | 20.8 | 0% |
| 2013 | 438,751 | 1,023,043 | −584,292 | 1.2 | 0% |
| 2014 | 265,871 | 465,293 | −199,422 | -2.5 | 0% |
| 2015 | 283,800 | 363,026 | −79,226 | -5.9 | 0% |
| 2016 | 583,458 | 416,337 | 167,121 | -0.3 | 0% |
| 2017 | 596,310 | 486,127 | 110,183 | 2.5 | 0% |
| 2018 | 585,345 | 379,509 | 205,836 | 9.7 | 0% |
| 2019 | 638,847 | 347,993 | 290,854 | 20.6 | 0% |
| 2020 | 372,507 | 309,307 | 63,200 | 25.6 | 0% |
| 2021 | 390,671 | 1,203,479 | −812,808 | -1.5 | 0% |
| 2022 | 669,722 | 678,803 | −9,081 | -2.9 | 1% |
| 2023 | 668,722 | 566,770 | 101,952 | -1.3 | 0% |
In its most recent public year (2023), this organization brought in $101,952 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.3 months), down from 16.7 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
Gates Avenue 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