Italian American Housing Development Fund Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 464,739 | 464,425 | 314 | -22.8 | 11% |
| 2013 | 470,743 | 453,232 | 17,511 | -22.9 | 8% |
| 2014 | 466,833 | 452,055 | 14,778 | -22.5 | 8% |
| 2015 | 476,296 | 469,665 | 6,631 | -21.5 | 8% |
| 2016 | 485,605 | 523,083 | −37,478 | -20.2 | 10% |
| 2017 | 477,587 | 495,073 | −17,486 | -21.8 | 13% |
| 2018 | 482,770 | 487,613 | −4,843 | -22.2 | 11% |
| 2019 | 491,730 | 504,437 | −12,707 | -21.9 | 12% |
| 2020 | 507,133 | 505,684 | 1,449 | -21.8 | 12% |
| 2021 | 492,190 | 499,399 | −7,209 | -22.3 | 11% |
| 2022 | 497,370 | 487,232 | 10,138 | -22.6 | 12% |
| 2023 | 516,944 | 505,548 | 11,396 | -21.5 | 16% |
| 2024 | 544,113 | 494,741 | 49,372 | -20.8 | 15% |
In its most recent public year (2024), this organization brought in $49,372 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-20.8 months), up from -22.8 in 2012. Staff pay was 15% 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 2024. 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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