Northfield Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 472,166 | 665,924 | −193,758 | -37.2 | 0% |
| 2013 | 472,247 | 642,657 | −170,410 | -41.8 | 0% |
| 2014 | 476,665 | 626,238 | −149,573 | -45.7 | 0% |
| 2015 | 476,721 | 660,576 | −183,855 | -46.7 | 0% |
| 2016 | 482,344 | 661,085 | −178,741 | -49.9 | 0% |
| 2017 | 447,239 | 771,779 | −324,540 | -47.8 | 0% |
| 2018 | 429,660 | 581,594 | −151,934 | -66.6 | 0% |
| 2019 | 416,339 | 574,813 | −158,474 | -70.6 | 0% |
| 2020 | 392,853 | 532,809 | −139,956 | -79.4 | 0% |
| 2021 | 405,150 | 574,051 | −168,901 | -77.2 | 0% |
| 2022 | 358,206 | 556,815 | −198,609 | -83.9 | 0% |
| 2023 | 405,000 | 375,093 | 29,907 | -123.5 | 0% |
In its most recent public year (2023), this organization brought in $29,907 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-123.5 months), down from -37.2 in 2012. 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
Northfield Housing Development Fund Corporation'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