George Gervin Retirement Apartments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 322,087 | 91,879 | 230,208 | 634.3 | 0% |
| 2016 | 210,525 | 319,549 | −109,024 | 178.3 | 0% |
| 2017 | 283,541 | 348,730 | −65,189 | 161.1 | 15% |
| 2018 | 292,114 | 349,570 | −57,456 | 158.8 | 11% |
| 2019 | 294,168 | 374,678 | −80,510 | 145.5 | 16% |
| 2020 | 299,007 | 388,436 | −89,429 | 137.6 | 16% |
| 2021 | 303,941 | 411,375 | −107,434 | 126.8 | 17% |
| 2022 | 317,325 | 420,655 | −103,330 | 121.1 | 20% |
| 2023 | 378,972 | 461,798 | −82,826 | 108.1 | 22% |
In its most recent public year (2023), this organization spent $82,826 more than it brought in. Its reserves stood at about 108.1 months of spending, down from 634.3 in 2015. Staff pay was 22% of spending. $4,611,926 of its net assets are donor-restricted.
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
George Gervin Retirement Apartments'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