La Serena Housing Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 479,645 | 431,411 | 48,234 | -40.8 | 18% |
| 2013 | 503,866 | 468,799 | 35,067 | -36.7 | 20% |
| 2014 | 550,663 | 682,262 | −131,599 | -28.5 | 15% |
| 2015 | 488,962 | 526,168 | −37,206 | -38.5 | 18% |
| 2016 | 516,143 | 466,008 | 50,135 | -42.2 | 20% |
| 2017 | 514,268 | 446,488 | 67,780 | -42.8 | 8% |
| 2018 | 540,743 | 370,275 | 170,468 | -46.1 | 25% |
| 2019 | 527,137 | 394,512 | 132,625 | -39.2 | 20% |
| 2020 | 534,236 | 405,127 | 129,109 | -34.4 | 27% |
| 2021 | 545,762 | 440,980 | 104,782 | -28.7 | 25% |
| 2022 | 548,636 | 407,630 | 141,006 | -26.9 | 18% |
| 2023 | 563,231 | 386,067 | 177,164 | -22.9 | 18% |
| 2024 | 523,137 | 396,727 | 126,410 | -18.5 | 15% |
In its most recent public year (2024), this organization brought in $126,410 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-18.5 months), up from -40.8 in 2012. Staff pay was 15% 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 2024. 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
La Serena Housing Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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