Greater Bangor Apartment Owners And Managers Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 51,442 | 42,822 | 8,620 | 31.4 | — |
| 2020 | 51,424 | 37,100 | 14,324 | 40.9 | — |
| 2021 | 48,108 | 43,435 | 4,673 | 36.2 | — |
| 2022 | 48,948 | 38,622 | 10,326 | 43.9 | — |
| 2023 | 49,673 | 50,771 | −1,098 | 33.1 | — |
In its most recent public year (2023), this organization spent $1,098 more than it brought in. Its reserves stood at about 33.1 months of spending, up from 31.4 in 2019.
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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