Muskegon Retirement Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 677,887 | 677,866 | 21 | -10.2 | 10% |
| 2012 | 673,199 | 683,486 | −10,287 | -10.3 | 12% |
| 2013 | 677,709 | 708,658 | −30,949 | -10.4 | 12% |
| 2014 | 686,309 | 747,935 | −61,626 | -10.9 | 12% |
| 2015 | 682,661 | 713,128 | −30,467 | -11.9 | 12% |
| 2016 | 689,589 | 692,348 | −2,759 | -12.3 | 13% |
| 2017 | 669,041 | 707,067 | −38,026 | -12.7 | 13% |
| 2018 | 669,634 | 690,136 | −20,502 | -13.4 | 14% |
| 2019 | 671,250 | 717,957 | −46,707 | -13.6 | 14% |
| 2020 | 656,105 | 715,575 | −59,470 | -14.7 | 15% |
| 2021 | 697,759 | 692,481 | 5,278 | -15.1 | 15% |
| 2022 | 752,422 | 753,190 | −768 | -13.9 | 13% |
| 2023 | 1,029,645 | 850,140 | 179,505 | -9.7 | 14% |
In its most recent public year (2023), this organization brought in $179,505 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9.7 months). Staff pay was 14% 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
Muskegon Retirement Apartments Inc'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