Northeast Ohio Apartment Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 629,590 | 675,011 | −45,421 | 2.2 | 41% |
| 2012 | 671,369 | 713,229 | −41,860 | 1.4 | 35% |
| 2013 | 737,789 | 791,208 | −53,419 | 0.4 | 37% |
| 2014 | 689,424 | 726,269 | −36,845 | -0.1 | 38% |
| 2015 | 767,386 | 718,635 | 48,751 | 0.7 | 41% |
| 2016 | 832,578 | 754,175 | 78,403 | 1.9 | 40% |
| 2017 | 863,918 | 813,197 | 50,721 | 2.5 | 39% |
| 2019 | 866,338 | 839,789 | 26,549 | 2.6 | 40% |
| 2021 | 911,220 | 913,395 | −2,175 | 2.4 | 41% |
| 2022 | 819,347 | 924,662 | −105,315 | 1.0 | 41% |
| 2023 | 973,993 | 930,772 | 43,221 | 1.6 | 42% |
In its most recent public year (2023), this organization brought in $43,221 more than it spent. Its reserves stood at about 1.6 months of spending. Staff pay was 42% 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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