Cuny Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 50,904 | 111,829 | −60,925 | 206.7 | 0% |
| 2013 | 278,507 | 279,902 | −1,395 | 82.5 | 0% |
| 2014 | 116,607 | 236,805 | −120,198 | 40.8 | 0% |
| 2015 | 16,076 | 27,511 | −11,435 | 428.1 | 0% |
| 2016 | 6,540 | 24,819 | −18,279 | 365.5 | 0% |
| 2017 | 8,507 | 21,244 | −12,737 | 413.9 | 0% |
| 2018 | 13,383 | 7,876 | 5,507 | 1124.8 | 0% |
| 2019 | 20,725 | 8,793 | 11,932 | -67.4 | — |
| 2020 | 6,419 | 6,444 | −25 | -92.0 | — |
| 2021 | 6,419 | 6,419 | 0 | -92.4 | — |
| 2022 | 6,419 | 6,419 | 0 | -92.4 | — |
| 2023 | 6,419 | 6,419 | 0 | -92.4 | — |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-92.4 months), down from 206.7 in 2012.
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
Cuny 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