Otsego Senior Apartments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 528,686 | 489,311 | 39,375 | 5.5 | 23% |
| 2012 | 540,899 | 474,110 | 66,789 | 7.3 | 25% |
| 2013 | 552,125 | 488,042 | 64,083 | 8.7 | 25% |
| 2014 | 562,568 | 507,904 | 54,664 | 9.7 | 13% |
| 2015 | 480,724 | 434,106 | 46,618 | 12.6 | 20% |
| 2016 | 483,496 | 409,097 | 74,399 | 15.5 | 19% |
| 2017 | 493,708 | 432,017 | 61,691 | 16.4 | 24% |
| 2018 | 437,572 | 440,867 | −3,295 | 16.0 | 25% |
| 2019 | 514,974 | 433,984 | 80,990 | 18.5 | 26% |
| 2020 | 636,216 | 431,547 | 204,669 | 24.3 | 27% |
| 2021 | 519,780 | 412,971 | 106,809 | 28.5 | 28% |
| 2022 | 528,989 | 479,059 | 49,930 | 25.8 | 32% |
| 2023 | 592,044 | 474,916 | 117,128 | 29.0 | 33% |
In its most recent public year (2023), this organization brought in $117,128 more than it spent. Its reserves stood at about 29 months of spending, up from 5.5 in 2011. Staff pay was 33% 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
Otsego Senior 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