Alverno Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 595,313 | 691,023 | −95,710 | 25.9 | 18% |
| 2012 | 613,700 | 702,187 | −88,487 | 23.8 | 0% |
| 2013 | 616,512 | 687,386 | −70,874 | 22.7 | 0% |
| 2014 | 638,469 | 779,437 | −140,968 | 17.8 | 0% |
| 2015 | 633,988 | 721,726 | −87,738 | 17.8 | 0% |
| 2016 | 641,178 | 738,659 | −97,481 | 15.8 | 0% |
| 2017 | 828,383 | 809,531 | 18,852 | 14.7 | 0% |
| 2018 | 674,054 | 811,901 | −137,847 | 12.6 | 0% |
| 2019 | 680,345 | 819,088 | −138,743 | 10.5 | 0% |
| 2020 | 695,051 | 812,614 | −117,563 | 8.8 | 0% |
| 2021 | 705,301 | 759,871 | −54,570 | 8.6 | 0% |
| 2022 | 812,252 | 787,679 | 24,573 | 8.6 | 0% |
| 2023 | 947,578 | 933,954 | 13,624 | 7.5 | 0% |
In its most recent public year (2023), this organization brought in $13,624 more than it spent. Its reserves stood at about 7.5 months of spending, down from 25.9 in 2011. Staff pay was 0% 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
Alverno Apartments 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