Madison Park Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,458,214 | 66,767 | 2,391,447 | 10491.3 | 0% |
| 2021 | 2,518,455 | 66,862 | 2,451,593 | 10834.1 | 0% |
| 2022 | 2,171,646 | 140,345 | 2,031,301 | 5166.0 | 0% |
| 2023 | 2,307,030 | 119,901 | 2,187,129 | 6346.1 | 0% |
In its most recent public year (2023), this organization brought in $2,187,129 more than it spent. Its reserves stood at about 6346.1 months of spending, down from 10491.3 in 2020. 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
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