Chelsea Leaf North Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,295,189 | 1,626,676 | −331,487 | -6.1 | 22% |
| 2020 | 1,061,870 | 1,575,389 | −513,519 | -10.2 | 27% |
| 2021 | 1,337,303 | 1,273,038 | 64,265 | -12.0 | 33% |
| 2022 | 1,179,116 | 1,414,698 | −235,582 | -12.8 | 21% |
In its most recent public year (2022), this organization spent $235,582 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.8 months), down from -6.1 in 2019. Staff pay was 21% 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 2022. 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
Chelsea Leaf North Housing Development Fund Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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