Bedford 203 Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 19,000 | −19,000 | -12.0 | 0% |
| 2019 | 0 | 6,550 | −6,550 | -46.8 | 0% |
| 2020 | 0 | 3,869 | −3,869 | -91.2 | 0% |
| 2021 | 0 | 58,493 | −58,493 | -18.0 | 81% |
| 2022 | 564,880 | 845,479 | −280,599 | -5.2 | 63% |
| 2023 | 1,356,003 | 1,360,131 | −4,128 | -3.3 | 69% |
In its most recent public year (2023), this organization spent $4,128 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.3 months), up from -12 in 2018. Staff pay was 69% 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
Bedford 203 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