Mhany Stella Heights Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 614,313 | 1,630,166 | −1,015,853 | -9.8 | 0% |
| 2021 | 621,883 | 1,454,556 | −832,673 | -17.8 | 0% |
| 2022 | 617,887 | 1,536,823 | −918,936 | -24.0 | 0% |
| 2023 | 608,935 | 2,215,704 | −1,606,769 | 0.0 | 0% |
In its most recent public year (2023), this organization spent $1,606,769 more than it brought in. Its reserves stood at about 0 months of spending, up from -9.8 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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