Heritage Apts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,387,597 | 1,251,088 | 136,509 | 23.8 | 17% |
| 2012 | 1,377,762 | 1,291,613 | 86,149 | 25.9 | 17% |
| 2013 | 1,539,106 | 1,565,938 | −26,832 | 22.3 | 15% |
| 2014 | 1,503,273 | 1,491,003 | 12,270 | 23.2 | 17% |
| 2015 | 1,532,265 | 1,554,524 | −22,259 | 21.0 | 18% |
| 2016 | 1,545,218 | 1,507,345 | 37,873 | 22.4 | 17% |
| 2017 | 1,679,676 | 1,517,563 | 162,113 | 24.4 | 17% |
| 2018 | 1,668,748 | 1,523,306 | 145,442 | 23.4 | 17% |
| 2019 | 1,617,680 | 4,535,447 | −2,917,767 | 0.7 | 6% |
| 2020 | 1,580,744 | 1,661,001 | −80,257 | 2.0 | 17% |
| 2021 | 1,747,845 | 1,726,982 | 20,863 | 1.4 | 16% |
| 2022 | 1,567,609 | 1,585,171 | −17,562 | -0.1 | 18% |
| 2023 | 1,902,678 | 1,717,670 | 185,008 | 1.8 | 16% |
In its most recent public year (2023), this organization brought in $185,008 more than it spent. Its reserves stood at about 1.8 months of spending, down from 23.8 in 2011. Staff pay was 16% 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
Heritage Apts 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