Community Apartments Corporation Of Metrolina 2
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 59,932 | 75,596 | −15,664 | -40.2 | — |
| 2018 | 60,672 | 73,037 | −12,365 | -43.7 | — |
| 2019 | 62,214 | 72,731 | −10,517 | -45.6 | — |
| 2020 | 63,243 | 71,589 | −8,346 | -47.7 | — |
| 2021 | 68,352 | 85,598 | −17,246 | -42.3 | — |
| 2022 | 65,724 | 82,921 | −17,197 | -46.2 | — |
| 2023 | 77,923 | 86,602 | −8,679 | -45.4 | — |
In its most recent public year (2023), this organization spent $8,679 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-45.4 months), down from -40.2 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
Community Apartments Corporation Of Metrolina 2'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