Riverside Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,301,952 | 3,250,885 | 51,067 | 26.3 | 23% |
| 2012 | 3,348,297 | 3,489,982 | −141,685 | 23.4 | 22% |
| 2013 | 3,272,457 | 3,258,606 | 13,851 | 25.1 | 20% |
| 2014 | 4,273,947 | 3,387,420 | 886,527 | 27.3 | 21% |
| 2015 | 3,498,364 | 3,594,233 | −95,869 | 27.3 | 21% |
| 2016 | 3,305,058 | 3,620,010 | −314,952 | 26.1 | 24% |
| 2017 | 3,357,070 | 3,736,554 | −379,484 | 24.1 | 23% |
| 2018 | 3,922,708 | 3,906,725 | 15,983 | 23.1 | 24% |
| 2019 | 4,125,690 | 3,832,468 | 293,222 | 24.6 | 25% |
| 2020 | 4,056,855 | 4,250,121 | −193,266 | 22.2 | 22% |
| 2021 | 4,567,899 | 4,574,298 | −6,399 | 21.2 | 24% |
| 2022 | 4,699,812 | 4,644,796 | 55,016 | 21.0 | 28% |
| 2023 | 4,066,421 | 5,013,494 | −947,073 | 17.2 | 21% |
In its most recent public year (2023), this organization spent $947,073 more than it brought in. Its reserves stood at about 17.2 months of spending, down from 26.3 in 2011. Staff pay was 21% of spending. $440,961 of its net assets are donor-restricted.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works