Community Apartments Corporation Of Rowan County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,097 | 67,985 | −8,888 | -39.1 | — |
| 2012 | 58,769 | 68,450 | −9,681 | -40.5 | — |
| 2013 | 58,728 | 74,785 | −16,057 | -39.7 | — |
| 2014 | 58,745 | 83,589 | −24,844 | -39.1 | — |
| 2015 | 67,836 | 79,489 | −11,653 | -42.8 | — |
| 2016 | 73,988 | 77,922 | −3,934 | -44.3 | — |
| 2017 | 64,030 | 76,415 | −12,385 | -47.1 | — |
| 2018 | 65,361 | 72,038 | −6,677 | -51.1 | — |
| 2019 | 70,743 | 75,042 | −4,299 | -49.7 | — |
| 2020 | 64,239 | 69,380 | −5,141 | -54.7 | — |
| 2021 | 68,493 | 78,532 | −10,039 | -49.8 | — |
| 2022 | 77,219 | 76,617 | 602 | -51.0 | — |
| 2023 | 70,876 | 82,826 | −11,950 | -48.9 | — |
In its most recent public year (2023), this organization spent $11,950 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-48.9 months), down from -39.1 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
Community Apartments Corporation Of Rowan County'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