Gouverneur Court Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,407,120 | 1,735,516 | −328,396 | -13.5 | 0% |
| 2021 | 1,332,773 | 1,695,439 | −362,666 | -16.4 | 0% |
| 2022 | 1,308,946 | 1,414,072 | −105,126 | -20.5 | 0% |
| 2023 | 1,455,451 | 1,461,371 | −5,920 | -19.9 | 0% |
In its most recent public year (2023), this organization spent $5,920 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-19.9 months), down from -13.5 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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