Vip West 184th Street Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 323,428 | 375,953 | −52,525 | -28.1 | 0% |
| 2021 | 334,012 | 374,832 | −40,820 | -29.5 | 0% |
| 2022 | 331,672 | 401,847 | −70,175 | -29.6 | 0% |
| 2023 | 336,879 | 424,482 | −87,603 | -30.5 | 0% |
In its most recent public year (2023), this organization spent $87,603 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-30.5 months), down from -28.1 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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