Dona Petra Santiago Apartments Housing Development Fund Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 600,488 | 935,580 | −335,092 | -33.9 | 5% |
| 2020 | 605,147 | 1,065,198 | −460,051 | -34.9 | 4% |
| 2021 | 609,987 | 968,812 | −358,825 | -42.8 | 0% |
| 2022 | 625,528 | 1,071,366 | −445,838 | -43.7 | 0% |
| 2023 | 616,370 | 1,042,541 | −426,171 | -49.8 | 0% |
In its most recent public year (2023), this organization spent $426,171 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-49.8 months), down from -33.9 in 2019. 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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