Council Towers Ii Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 749,210 | 1,418,745 | −669,535 | -39.0 | 11% |
| 2012 | 756,778 | 1,418,769 | −661,991 | -44.6 | 13% |
| 2013 | 764,585 | 1,437,381 | −672,796 | -49.6 | 12% |
| 2014 | 1,110,250 | 1,551,695 | −441,445 | -49.4 | 0% |
| 2015 | 1,110,186 | 1,585,299 | −475,113 | -51.9 | 6% |
| 2016 | 1,096,897 | 1,579,857 | −482,960 | -55.8 | 0% |
| 2017 | 1,134,862 | 1,604,113 | −469,251 | -58.5 | 0% |
| 2018 | 1,222,497 | 1,746,840 | −524,343 | -57.3 | 10% |
| 2019 | 1,467,168 | 1,840,692 | −373,524 | -56.8 | 9% |
| 2020 | 2,294,115 | 2,373,868 | −79,753 | -44.4 | 0% |
| 2021 | 2,211,292 | 2,445,391 | −234,099 | -44.3 | 6% |
| 2022 | 2,088,471 | 2,263,257 | −174,786 | -48.8 | 0% |
| 2023 | 2,406,931 | 2,311,479 | 95,452 | -47.3 | 0% |
In its most recent public year (2023), this organization brought in $95,452 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-47.3 months), down from -39 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
Council Towers Ii 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