Town Apartments Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 94,214 | 91,532 | 2,682 | 11.6 | — |
| 2012 | 97,066 | 85,371 | 11,695 | 14.1 | — |
| 2013 | 92,530 | 99,721 | −7,191 | 11.2 | — |
| 2014 | 110,707 | 121,385 | −10,678 | 8.0 | — |
| 2015 | 111,657 | 109,290 | 2,367 | 9.1 | — |
| 2016 | 109,904 | 97,866 | 12,038 | 11.7 | — |
| 2017 | 114,299 | 96,035 | 18,264 | 14.2 | — |
| 2018 | 114,380 | 104,091 | 10,289 | 14.3 | — |
| 2019 | 123,290 | 119,546 | 3,744 | 12.8 | — |
| 2020 | 118,550 | 113,298 | 5,252 | 14.0 | — |
| 2021 | 128,089 | 110,296 | 17,793 | 16.4 | — |
| 2022 | 129,237 | 117,317 | 11,920 | 16.6 | — |
| 2023 | 139,010 | 148,232 | −9,222 | 12.4 | — |
In its most recent public year (2023), this organization spent $9,222 more than it brought in. Its reserves stood at about 12.4 months 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
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