Community Apartments Corporation Of Of Metrolina 8
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 50,626 | 56,692 | −6,066 | -20.1 | 0% |
| 2020 | 51,554 | 55,337 | −3,783 | -21.4 | 0% |
| 2021 | 52,317 | 55,279 | −2,962 | -22.1 | 0% |
| 2022 | 47,495 | 57,200 | −9,705 | -23.4 | 0% |
| 2023 | 54,865 | 63,736 | −8,871 | -22.6 | 0% |
In its most recent public year (2023), this organization spent $8,871 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-22.6 months), down from -20.1 in 2019. 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
Community Apartments Corporation Of Of Metrolina 8'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