Seddlemeyer Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 92,919 | 116,814 | −23,895 | -26.8 | 16% |
| 2012 | 93,818 | 118,243 | −24,425 | -29.0 | 14% |
| 2013 | 95,837 | 123,611 | −27,774 | -30.4 | 15% |
| 2014 | 96,828 | 116,234 | −19,406 | -34.4 | 16% |
| 2015 | 101,729 | 115,090 | −13,361 | -36.1 | 17% |
| 2016 | 103,704 | 119,393 | −15,689 | -36.4 | 17% |
| 2017 | 156,888 | 146,126 | 10,762 | -28.8 | 15% |
| 2018 | 112,455 | 122,760 | −10,305 | -35.3 | 15% |
| 2019 | 104,188 | 120,841 | −16,653 | -37.5 | 12% |
| 2020 | 97,850 | 140,046 | −42,196 | -36.0 | 9% |
| 2021 | 91,765 | 126,008 | −34,243 | -43.3 | 7% |
| 2022 | 95,940 | 144,328 | −48,388 | -41.8 | 14% |
| 2023 | 114,657 | 157,088 | −42,431 | -41.7 | 11% |
In its most recent public year (2023), this organization spent $42,431 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-41.7 months), down from -26.8 in 2011. Staff pay was 11% 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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