Community Apartments Corporation Of Metrolina 7
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 55,444 | 66,487 | −11,043 | -29.6 | 4% |
| 2016 | 58,865 | 74,398 | −15,533 | -29.0 | 4% |
| 2017 | 60,726 | 81,022 | −20,296 | -29.6 | 0% |
| 2018 | 62,846 | 90,863 | −28,017 | -30.1 | 0% |
| 2019 | 64,039 | 85,809 | −21,770 | -34.9 | 0% |
| 2020 | 64,989 | 82,493 | −17,504 | -38.9 | 0% |
| 2021 | 66,107 | 85,038 | −18,931 | -40.4 | 0% |
| 2022 | 63,595 | 82,465 | −18,870 | -44.4 | 0% |
| 2023 | 73,102 | 94,030 | −20,928 | -41.6 | 0% |
In its most recent public year (2023), this organization spent $20,928 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-41.6 months), down from -29.6 in 2015. Staff pay was 0% 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
Community Apartments Corporation Of Metrolina 7'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