Town Center Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 7,201,672 | 4,201,996 | 2,999,676 | 141.5 | 12% |
| 2022 | 7,900,572 | 3,688,004 | 4,212,568 | 162.2 | 15% |
| 2023 | 7,956,226 | 4,296,596 | 3,659,630 | 141.4 | 14% |
| 2024 | 8,169,780 | 4,374,023 | 3,795,757 | 49.9 | 15% |
In its most recent public year (2024), this organization brought in $3,795,757 more than it spent. Its reserves stood at about 49.9 months of spending, down from 141.5 in 2021. Staff pay was 15% 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 2024. 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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