Housing Development Corporation Of Bergen County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,009,266 | 2,737,708 | 271,558 | 108.5 | 0% |
| 2012 | 3,362,803 | 2,905,526 | 457,277 | 102.8 | 0% |
| 2013 | 3,907,854 | 3,011,654 | 896,200 | 103.3 | 0% |
| 2014 | 4,206,122 | 3,970,869 | 235,253 | 79.1 | 0% |
| 2015 | 3,807,453 | 3,613,333 | 194,120 | 87.6 | 1% |
| 2016 | 3,776,676 | 3,366,364 | 410,312 | 95.4 | 2% |
| 2017 | 4,215,342 | 3,393,212 | 822,130 | 97.6 | 5% |
| 2018 | 4,922,576 | 3,982,050 | 940,526 | 86.0 | 10% |
| 2019 | 4,813,341 | 3,880,548 | 932,793 | 92.7 | 24% |
| 2020 | 6,071,669 | 4,343,718 | 1,727,951 | 87.6 | 23% |
| 2021 | 6,110,015 | 4,930,183 | 1,179,832 | 80.0 | 20% |
| 2022 | 6,371,459 | 5,250,798 | 1,120,661 | 77.7 | 20% |
| 2023 | 6,683,691 | 6,055,010 | 628,681 | 68.6 | 21% |
In its most recent public year (2023), this organization brought in $628,681 more than it spent. Its reserves stood at about 68.6 months of spending, down from 108.5 in 2011. Staff pay was 21% 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
Housing Development Corporation Of Bergen County'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