Madison Area Apartment Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 342,814 | 317,477 | 25,337 | 7.9 | 45% |
| 2012 | 367,080 | 364,925 | 2,155 | 6.9 | 48% |
| 2013 | 384,796 | 365,928 | 18,868 | 7.5 | 48% |
| 2014 | 389,163 | 379,147 | 10,016 | 7.4 | 46% |
| 2015 | 413,354 | 386,688 | 26,666 | 8.0 | 48% |
| 2016 | 393,625 | 415,976 | −22,351 | 6.8 | 50% |
| 2017 | 372,563 | 456,137 | −83,574 | 4.0 | 39% |
| 2018 | 414,782 | 386,734 | 28,048 | 5.6 | 45% |
| 2019 | 414,869 | 359,492 | 55,377 | 7.9 | 23% |
| 2020 | 304,587 | 264,505 | 40,082 | 12.6 | 31% |
| 2021 | 315,965 | 278,418 | 37,547 | 13.6 | 40% |
| 2022 | 290,275 | 263,724 | 26,551 | 15.5 | 35% |
| 2023 | 264,088 | 267,064 | −2,976 | 15.2 | 36% |
In its most recent public year (2023), this organization spent $2,976 more than it brought in. Its reserves stood at about 15.2 months of spending, up from 7.9 in 2011. Staff pay was 36% 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
Madison Area Apartment Association'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