Apartment Association Of North Carolina
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 249,586 | 283,583 | −33,997 | 7.9 | 0% |
| 2012 | 304,003 | 327,338 | −23,335 | 6.0 | 0% |
| 2013 | 374,156 | 354,574 | 19,582 | 6.2 | 0% |
| 2014 | 427,684 | 368,057 | 59,627 | 7.9 | 0% |
| 2015 | 482,023 | 431,095 | 50,928 | 8.2 | 0% |
| 2016 | 616,874 | 576,591 | 40,283 | 6.9 | 21% |
| 2017 | 992,525 | 876,426 | 116,099 | 6.2 | 22% |
| 2018 | 1,036,479 | 970,744 | 65,735 | 6.4 | 21% |
| 2019 | 940,972 | 888,092 | 52,880 | 7.7 | 23% |
| 2020 | 1,102,995 | 1,041,412 | 61,583 | 7.2 | 22% |
| 2021 | 1,135,808 | 971,665 | 164,143 | 9.7 | 25% |
| 2022 | 1,366,076 | 1,338,396 | 27,680 | 7.3 | 16% |
In its most recent public year (2022), this organization brought in $27,680 more than it spent. Its reserves stood at about 7.3 months of spending. Staff pay was 16% 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 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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