Wilmington Apartment Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 221,946 | 114,250 | 107,696 | 11.3 | 24% |
| 2021 | 197,579 | 161,166 | 36,413 | 10.7 | 29% |
| 2022 | 252,457 | 272,437 | −19,980 | 5.5 | 20% |
| 2023 | 300,659 | 260,812 | 39,847 | 7.5 | 22% |
In its most recent public year (2023), this organization brought in $39,847 more than it spent. Its reserves stood at about 7.5 months of spending, down from 11.3 in 2020. Staff pay was 22% 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
Wilmington 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