Jersey City Apartment Owners Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 53,515 | 1,877 | 51,638 | 330.1 | — |
| 2021 | 55,365 | 78,207 | −22,842 | 4.4 | — |
| 2022 | 82,985 | 95,678 | −12,693 | 2.0 | — |
| 2023 | 145,969 | 102,867 | 43,102 | 6.9 | — |
In its most recent public year (2023), this organization brought in $43,102 more than it spent. Its reserves stood at about 6.9 months of spending, down from 330.1 in 2020.
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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