The Chattanooga Apartment Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 144,673 | 86,240 | 58,433 | 8.1 | — |
| 2019 | 170,918 | 90,505 | 80,413 | 10.7 | — |
| 2020 | 97,897 | 61,004 | 36,893 | 7.3 | — |
| 2021 | 94,563 | 68,411 | 26,152 | 4.6 | — |
| 2022 | 171,304 | 142,466 | 28,838 | 4.6 | — |
| 2023 | 154,039 | 146,020 | 8,019 | 5.2 | — |
In its most recent public year (2023), this organization brought in $8,019 more than it spent. Its reserves stood at about 5.2 months of spending, down from 8.1 in 2017.
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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