Padre Apartments Community
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 718,552 | 683,401 | 35,151 | 6.5 | 10% |
| 2012 | 1,109,930 | 701,584 | 408,346 | 13.3 | 4% |
| 2013 | 741,411 | 692,135 | 49,276 | 14.3 | 4% |
| 2014 | 750,279 | 773,125 | −22,846 | 12.5 | 3% |
| 2015 | 750,055 | 754,403 | −4,348 | 12.7 | 2% |
| 2016 | 764,326 | 723,543 | 40,783 | 13.9 | 4% |
| 2017 | 801,977 | 756,691 | 45,286 | 14.0 | 4% |
| 2018 | 859,827 | 750,151 | 109,676 | 15.9 | 6% |
| 2019 | 895,902 | 764,908 | 130,994 | 17.7 | 8% |
| 2020 | 927,631 | 751,980 | 175,651 | 20.8 | 12% |
| 2021 | 911,270 | 726,852 | 184,418 | 24.5 | 13% |
| 2022 | 889,021 | 794,058 | 94,963 | 23.9 | 12% |
| 2023 | 951,788 | 932,426 | 19,362 | 20.3 | 0% |
In its most recent public year (2023), this organization brought in $19,362 more than it spent. Its reserves stood at about 20.3 months of spending, up from 6.5 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
Padre Apartments Community'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