Mrc-754 East 161st Street Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1,029,915 | 1,052,917 | −23,002 | 36.2 | 0% |
| 2018 | 1,043,853 | 986,785 | 57,068 | 39.3 | 0% |
| 2019 | 1,091,401 | 1,107,674 | −16,273 | 34.8 | 0% |
| 2020 | 1,103,494 | 1,174,703 | −71,209 | 32.1 | 0% |
| 2021 | 1,112,687 | 1,229,053 | −116,366 | 29.6 | 0% |
| 2022 | 1,084,489 | 1,190,219 | −105,730 | 29.5 | 0% |
| 2023 | 1,211,943 | 967,471 | 244,472 | 39.2 | 0% |
In its most recent public year (2023), this organization brought in $244,472 more than it spent. Its reserves stood at about 39.2 months of spending, up from 36.2 in 2017. 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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