Community Apartments Corporation Of Catawba County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 56,816 | 58,564 | −1,748 | -37.3 | — |
| 2018 | 56,586 | 57,812 | −1,226 | -38.0 | — |
| 2019 | 60,118 | 65,517 | −5,399 | -34.5 | — |
| 2020 | 60,148 | 55,352 | 4,796 | -39.8 | — |
| 2021 | 60,096 | 55,873 | 4,223 | -38.5 | — |
| 2022 | 59,565 | 58,991 | 574 | -36.4 | — |
| 2023 | 59,658 | 59,766 | −108 | -35.9 | — |
In its most recent public year (2023), this organization spent $108 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-35.9 months), up from -37.3 in 2017.
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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