Luther Park Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 1,708,354 | 1,868,536 | −160,182 | 6.5 | 11% |
| 2009 | 1,718,988 | 1,944,272 | −225,284 | 4.8 | 11% |
| 2010 | 1,636,991 | 1,700,621 | −63,630 | 5.1 | 13% |
| 2011 | 1,689,539 | 1,712,755 | −23,216 | 4.9 | 15% |
| 2012 | 1,719,482 | 1,722,436 | −2,954 | 4.8 | 15% |
| 2013 | 1,732,654 | 1,799,522 | −66,868 | 4.2 | 15% |
| 2014 | 1,768,682 | 1,809,467 | −40,785 | 3.9 | 15% |
| 2015 | 1,791,786 | 2,025,317 | −233,531 | 2.1 | 15% |
| 2016 | 1,854,315 | 1,651,982 | 202,333 | 4.0 | 18% |
| 2017 | 1,847,848 | 1,676,579 | 171,269 | 5.2 | 15% |
| 2018 | 1,827,320 | 1,643,451 | 183,869 | 6.6 | 13% |
| 2019 | 1,880,236 | 1,728,357 | 151,879 | 7.4 | 13% |
| 2020 | 1,731,363 | 1,731,287 | 76 | 7.4 | 14% |
| 2021 | 1,757,910 | 1,946,490 | −188,580 | 5.4 | 11% |
| 2022 | 1,939,522 | 1,964,515 | −24,993 | 5.2 | 17% |
| 2023 | 2,107,616 | 2,096,064 | 11,552 | 4.9 | 17% |
In its most recent public year (2023), this organization brought in $11,552 more than it spent. Its reserves stood at about 4.9 months of spending, down from 6.5 in 2008. Staff pay was 17% 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
Luther Park 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