Council Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 887,714 | 935,027 | −47,313 | 38.7 | 20% |
| 2012 | 908,457 | 998,247 | −89,790 | 35.2 | 19% |
| 2013 | 1,031,094 | 1,043,338 | −12,244 | 33.5 | 19% |
| 2014 | 977,900 | 1,103,227 | −125,327 | 30.3 | 14% |
| 2015 | 905,728 | 1,179,717 | −273,989 | 25.6 | 15% |
| 2016 | 1,007,040 | 1,072,443 | −65,403 | 27.4 | 21% |
| 2017 | 1,025,666 | 1,121,076 | −95,410 | 25.2 | 23% |
| 2018 | 787,725 | 1,013,614 | −225,889 | 25.2 | 20% |
| 2019 | 636,015 | 932,570 | −296,555 | 23.6 | 19% |
| 2020 | 573,449 | 868,942 | −295,493 | 21.2 | 19% |
| 2021 | 901,196 | 900,759 | 437 | 20.4 | 13% |
| 2022 | 942,544 | 1,480,283 | −537,739 | 8.0 | 8% |
| 2023 | −675,169 | 456,926 | −1,132,095 | -3.7 | 8% |
In its most recent public year (2023), this organization spent $1,132,095 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.7 months), down from 38.7 in 2011. Staff pay was 8% 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
Council 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