Bronx Overall Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,441,298 | 2,881,587 | 559,711 | 124.4 | 33% |
| 2012 | 2,222,754 | 3,523,817 | −1,301,063 | 98.2 | 27% |
| 2013 | 2,071,062 | 2,651,812 | −580,750 | 127.3 | 39% |
| 2014 | 1,906,070 | 1,812,863 | 93,207 | 188.2 | 38% |
| 2015 | 1,805,560 | 2,037,757 | −232,197 | 160.5 | 35% |
| 2016 | 1,649,365 | 2,090,691 | −441,326 | 153.9 | 30% |
| 2017 | 1,241,392 | 1,980,222 | −738,830 | 161.5 | 30% |
| 2018 | 1,998,595 | 2,372,802 | −374,207 | 133.0 | 43% |
| 2019 | 1,890,018 | 1,940,317 | −50,299 | 163.6 | 45% |
| 2020 | 2,023,010 | 1,747,993 | 275,017 | 184.7 | 59% |
| 2021 | 2,319,012 | 1,837,808 | 481,204 | 176.1 | 52% |
| 2022 | 1,376,717 | 1,748,198 | −371,481 | 182.5 | 48% |
| 2023 | 1,719,593 | 2,193,454 | −473,861 | 144.9 | 41% |
In its most recent public year (2023), this organization spent $473,861 more than it brought in. Its reserves stood at about 144.9 months of spending, up from 124.4 in 2011. Staff pay was 41% of spending. $21,677,950 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
Bronx Overall Economic Development Corporation'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