Communtiy Apartments Corporation Of Metrolina 5
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 52,629 | 54,722 | −2,093 | -18.6 | 0% |
| 2012 | 53,025 | 60,850 | −7,825 | -18.3 | 7% |
| 2013 | 52,440 | 57,001 | −4,561 | -20.5 | 7% |
| 2014 | 52,399 | 62,342 | −9,943 | -20.6 | 6% |
| 2015 | 52,424 | 60,101 | −7,677 | -23.0 | 6% |
| 2016 | 55,355 | 113,979 | −58,624 | -18.3 | 3% |
| 2017 | 56,283 | 75,292 | −19,009 | -30.7 | 0% |
| 2018 | 56,230 | 71,588 | −15,358 | -34.9 | 0% |
| 2019 | 60,608 | 73,605 | −12,997 | -36.0 | 0% |
| 2020 | 64,815 | 69,422 | −4,607 | -39.0 | 0% |
| 2021 | 64,024 | 76,564 | −12,540 | -37.3 | 0% |
| 2022 | 60,250 | 71,521 | −11,271 | -41.8 | 0% |
| 2023 | 61,183 | 71,963 | −10,780 | -43.4 | 0% |
In its most recent public year (2023), this organization spent $10,780 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-43.4 months), down from -18.6 in 2011. 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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