Packer Apartments Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,487,149 | 1,553,039 | −65,890 | 28.5 | 20% |
| 2013 | 1,539,950 | 1,529,245 | 10,705 | 29.0 | 21% |
| 2014 | 1,549,412 | 1,623,568 | −74,156 | 26.8 | 23% |
| 2015 | 1,578,537 | 1,589,921 | −11,384 | 27.3 | 24% |
| 2016 | 1,614,144 | 1,753,700 | −139,556 | 23.8 | 20% |
| 2017 | 1,682,730 | 1,654,898 | 27,832 | 25.4 | 25% |
| 2018 | 1,746,966 | 1,647,870 | 99,096 | 26.2 | 25% |
| 2019 | 1,748,136 | 1,722,028 | 26,108 | 25.3 | 23% |
| 2020 | 1,801,750 | 1,681,187 | 120,563 | 26.7 | 24% |
| 2021 | 1,818,294 | 1,536,053 | 282,241 | 31.5 | 24% |
| 2022 | 1,808,505 | 1,510,910 | 297,595 | 34.4 | 26% |
| 2023 | 1,932,564 | 1,576,848 | 355,716 | 36.9 | 28% |
In its most recent public year (2023), this organization brought in $355,716 more than it spent. Its reserves stood at about 36.9 months of spending, up from 28.5 in 2012. Staff pay was 28% 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
Packer Apartments Corporation'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