Madison Street Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 228,064 | 92,797 | 135,267 | -8.4 | 0% |
| 2017 | 186,890 | 261,489 | −74,599 | -6.4 | 0% |
| 2018 | 220,876 | 256,189 | −35,313 | -8.2 | 0% |
| 2019 | 213,184 | 255,716 | −42,532 | -10.2 | 0% |
| 2020 | 253,859 | 262,691 | −8,832 | -10.3 | 0% |
| 2021 | 243,115 | 336,078 | −92,963 | -11.4 | 0% |
| 2022 | 234,977 | 353,462 | −118,485 | -14.9 | 0% |
| 2023 | 242,384 | 353,614 | −111,230 | -18.6 | 0% |
In its most recent public year (2023), this organization spent $111,230 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-18.6 months), down from -8.4 in 2016. 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
Madison Street Housing Development Fund Corporation's IRS filings as a feed — one entry per filing year, through 2023. 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