Community Apartments Corporation Of Rockingham County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 53,664 | 72,912 | −19,248 | -48.1 | 0% |
| 2021 | 55,023 | 78,465 | −23,442 | -48.3 | 0% |
| 2022 | 65,629 | 86,585 | −20,956 | -46.7 | 0% |
| 2023 | 61,635 | 79,988 | −18,353 | -53.3 | 0% |
In its most recent public year (2023), this organization spent $18,353 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-53.3 months), down from -48.1 in 2020. 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
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