Community Apartments Corporation Of Surry County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 51,147 | 58,460 | −7,313 | -56.1 | — |
| 2019 | 58,601 | 60,209 | −1,608 | -54.8 | — |
| 2020 | 60,554 | 60,210 | 344 | -54.8 | — |
| 2021 | 58,580 | 59,207 | −627 | -55.8 | — |
| 2022 | 49,417 | 53,173 | −3,756 | -63.0 | — |
In its most recent public year (2022), this organization spent $3,756 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-63 months), down from -56.1 in 2018.
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 2022. 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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