Greater Lansing Apartment Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 146,376 | 105,573 | 40,803 | 13.9 | — |
| 2021 | 152,294 | 136,539 | 15,755 | 12.1 | — |
| 2022 | 180,295 | 142,857 | 37,438 | 14.8 | — |
| 2023 | 212,999 | 196,653 | 16,346 | 11.7 | 0% |
In its most recent public year (2023), this organization brought in $16,346 more than it spent. Its reserves stood at about 11.7 months of spending, down from 13.9 in 2020. 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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