Rivercrest Commons Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 47,866 | 94,816 | −46,950 | 118.8 | 3% |
| 2011 | 49,251 | 89,425 | −40,174 | 120.6 | 3% |
| 2012 | 65,575 | 96,659 | −31,084 | 107.7 | 9% |
| 2013 | 66,280 | 89,232 | −22,952 | 113.6 | 10% |
| 2014 | 66,360 | 89,522 | −23,162 | 110.1 | 9% |
| 2015 | 62,991 | 95,268 | −32,277 | 99.4 | 9% |
| 2016 | 65,895 | 88,764 | −22,869 | 103.6 | 0% |
| 2017 | 67,669 | 91,766 | −24,097 | 97.1 | 0% |
| 2018 | 66,200 | 97,724 | −31,524 | 87.3 | 0% |
| 2019 | 65,223 | 102,945 | −37,722 | 56.8 | 0% |
| 2020 | 65,743 | 92,452 | −26,709 | 59.8 | 6% |
| 2021 | 64,107 | 92,720 | −28,613 | 56.0 | 5% |
| 2022 | 58,428 | 99,348 | −40,920 | 47.3 | 4% |
| 2023 | 62,043 | 102,842 | −40,799 | 40.9 | 7% |
In its most recent public year (2023), this organization spent $40,799 more than it brought in. Its reserves stood at about 40.9 months of spending, down from 118.8 in 2010. 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
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