Red Lake Senior Apartment Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 114,461 | 112,161 | 2,300 | 252.8 | 5% |
| 2012 | 116,543 | 119,681 | −3,138 | 236.6 | 5% |
| 2013 | 109,697 | 133,388 | −23,691 | 210.2 | 5% |
| 2014 | 121,543 | 121,133 | 410 | 231.5 | 6% |
| 2018 | 230,154 | 219,073 | 11,081 | 90.6 | 4% |
| 2019 | 178,591 | 204,611 | −26,020 | 95.5 | 5% |
| 2020 | 172,569 | 188,249 | −15,680 | 102.8 | 5% |
| 2021 | 191,127 | 218,207 | −27,080 | 87.2 | 4% |
| 2022 | 164,358 | 209,481 | −45,123 | 88.3 | 4% |
| 2023 | 168,843 | 292,625 | −123,782 | 58.1 | 15% |
In its most recent public year (2023), this organization spent $123,782 more than it brought in. Its reserves stood at about 58.1 months of spending, down from 252.8 in 2011. Staff pay was 15% of spending.
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
Red Lake Senior Apartment Center Inc'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