Main Street Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 231,270 | 303,775 | −72,505 | -39.0 | 19% |
| 2013 | 234,742 | 313,418 | −78,676 | -40.8 | 19% |
| 2014 | 229,444 | 327,615 | −98,171 | -42.6 | 17% |
| 2015 | 237,706 | 305,645 | −67,939 | -48.3 | 18% |
| 2016 | 245,622 | 310,416 | −64,794 | -50.1 | 17% |
| 2017 | 256,762 | 332,106 | −75,344 | -49.6 | 16% |
| 2018 | 376,717 | 311,427 | 65,290 | -50.3 | 20% |
| 2019 | 256,814 | 363,887 | −107,073 | -46.6 | 23% |
| 2020 | 255,483 | 391,312 | −135,829 | -47.5 | 22% |
| 2021 | 416,976 | 397,180 | 19,796 | -46.2 | 24% |
| 2022 | 296,812 | 459,800 | −162,988 | -44.2 | 22% |
| 2023 | 355,762 | 425,512 | −69,750 | -49.7 | 22% |
| 2024 | 357,319 | 522,938 | −165,619 | -44.2 | 21% |
In its most recent public year (2024), this organization spent $165,619 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-44.2 months), down from -39 in 2012. Staff pay was 21% 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 2024. 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
Main Street Apartments Inc's IRS filings as a feed — one entry per filing year, through 2024. 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