Community Apartments Corporation Of Pitt County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 56,548 | 63,304 | −6,756 | -32.6 | — |
| 2012 | 56,605 | 79,185 | −22,580 | -29.5 | — |
| 2013 | 56,311 | 69,637 | −13,326 | -35.8 | — |
| 2014 | 60,161 | 77,405 | −17,244 | -34.9 | — |
| 2015 | 73,746 | 70,897 | 2,849 | -37.6 | — |
| 2016 | 62,051 | 81,490 | −19,439 | -35.6 | — |
| 2017 | 59,949 | 77,016 | −17,067 | -40.3 | — |
| 2018 | 56,649 | 65,239 | −8,590 | -49.2 | — |
| 2019 | 64,457 | 83,673 | −19,216 | -41.1 | — |
| 2020 | 43,350 | 58,161 | −14,811 | -62.2 | — |
| 2021 | 63,028 | 69,390 | −6,362 | -53.2 | — |
| 2022 | 74,606 | 80,489 | −5,883 | -46.8 | — |
| 2023 | 73,193 | 79,317 | −6,124 | -48.4 | — |
In its most recent public year (2023), this organization spent $6,124 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-48.4 months), down from -32.6 in 2011.
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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