Staten Island Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,797,883 | 1,731,725 | 66,158 | 4.0 | 36% |
| 2012 | 1,594,460 | 1,532,509 | 61,951 | 5.0 | 38% |
| 2013 | 1,560,410 | 1,558,463 | 1,947 | 4.9 | 18% |
| 2014 | 1,704,547 | 1,616,158 | 88,389 | 5.4 | 46% |
| 2015 | 1,842,841 | 1,672,063 | 170,778 | 6.4 | 50% |
| 2016 | 2,195,661 | 2,285,635 | −89,974 | 4.2 | 43% |
| 2017 | 1,914,525 | 1,787,552 | 126,973 | 6.3 | 52% |
| 2018 | 2,142,249 | 2,094,792 | 47,457 | 5.6 | 58% |
| 2019 | 2,337,805 | 2,237,123 | 100,682 | 6.2 | 53% |
| 2020 | 1,937,575 | 1,719,329 | 218,246 | 9.6 | 65% |
| 2021 | 2,245,487 | 1,873,054 | 372,433 | 11.2 | 60% |
| 2022 | 2,037,023 | 2,037,982 | −959 | 10.3 | 56% |
| 2023 | 2,385,997 | 2,327,993 | 58,004 | 9.3 | 55% |
In its most recent public year (2023), this organization brought in $58,004 more than it spent. Its reserves stood at about 9.3 months of spending, up from 4 in 2011. Staff pay was 55% of spending. $41,315 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
Staten Island 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