Westbank Homeowners Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 486,137 | 481,373 | 4,764 | 12.6 | 0% |
| 2012 | 463,065 | 468,140 | −5,075 | 12.9 | 0% |
| 2013 | 474,707 | 413,988 | 60,719 | 16.3 | 0% |
| 2014 | 474,901 | 442,909 | 31,992 | 16.1 | 0% |
| 2015 | 483,081 | 430,727 | 52,354 | 18.1 | 0% |
| 2016 | 482,668 | 470,609 | 12,059 | 16.8 | 0% |
| 2017 | 457,194 | 449,324 | 7,870 | 17.8 | 0% |
| 2018 | 460,373 | 437,036 | 23,337 | 19.0 | 0% |
| 2019 | 460,530 | 450,621 | 9,909 | 18.7 | 0% |
| 2021 | 454,461 | 402,315 | 52,146 | 23.6 | 0% |
| 2022 | 471,431 | 399,045 | 72,386 | 26.0 | 0% |
| 2023 | 486,759 | 466,738 | 20,021 | 21.9 | 0% |
In its most recent public year (2023), this organization brought in $20,021 more than it spent. Its reserves stood at about 21.9 months of spending, up from 12.6 in 2011. 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
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