Lubbock Apartment Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 867,717 | 898,007 | −30,290 | 13.5 | 32% |
| 2013 | 920,268 | 884,550 | 35,718 | 14.2 | 34% |
| 2014 | 978,440 | 893,652 | 84,788 | 15.2 | 30% |
| 2015 | 1,020,761 | 1,123,241 | −102,480 | 11.0 | 26% |
| 2016 | 949,523 | 1,076,868 | −127,345 | 10.1 | 29% |
| 2017 | 1,017,754 | 930,549 | 87,205 | 12.1 | 34% |
| 2018 | 867,554 | 969,646 | −102,092 | 10.6 | 27% |
| 2019 | 822,944 | 905,944 | −83,000 | 9.9 | 32% |
| 2020 | 798,564 | 835,210 | −36,646 | 10.5 | 29% |
| 2021 | 690,131 | 723,775 | −33,644 | 11.2 | 31% |
| 2022 | 795,920 | 719,513 | 76,407 | 12.6 | 32% |
| 2023 | 737,928 | 809,683 | −71,755 | 10.1 | 31% |
In its most recent public year (2023), this organization spent $71,755 more than it brought in. Its reserves stood at about 10.1 months of spending, down from 13.5 in 2012. Staff pay was 31% 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
Lubbock Apartment Association 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