Newell Retirement Apartments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 178,405 | 270,356 | −91,951 | 136.8 | 0% |
| 2012 | 188,115 | 264,509 | −76,394 | 136.4 | 0% |
| 2013 | 182,516 | 265,725 | −83,209 | 132.0 | 0% |
| 2014 | 190,487 | 292,235 | −101,748 | 115.9 | 0% |
| 2015 | 212,643 | 310,336 | −97,693 | 105.3 | 0% |
| 2016 | 244,672 | 318,103 | −73,431 | 100.0 | 0% |
| 2017 | 251,676 | 325,761 | −74,085 | 94.9 | 0% |
| 2018 | 256,738 | 327,229 | −70,491 | 91.9 | 0% |
| 2019 | 261,158 | 365,788 | −104,630 | 78.8 | 14% |
| 2020 | 309,820 | 453,705 | −143,885 | 59.7 | 20% |
| 2021 | 304,652 | 417,589 | −112,937 | 61.6 | 22% |
| 2022 | 412,813 | 477,977 | −65,164 | 52.2 | 22% |
| 2023 | 463,656 | 532,856 | −69,200 | 45.3 | 19% |
In its most recent public year (2023), this organization spent $69,200 more than it brought in. Its reserves stood at about 45.3 months of spending, down from 136.8 in 2011. Staff pay was 19% of spending. $3,319,690 of its net assets are donor-restricted.
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
Newell Retirement Apartments'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