Utica Industrial Development Corp Affiliated With The Utica Et Al
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 33,428 | 45,309 | −11,881 | 235.2 | 0% |
| 2021 | 174,314 | 62,106 | 112,208 | 193.3 | 0% |
| 2022 | 80,733 | 65,149 | 15,584 | 187.1 | 0% |
| 2023 | 81,694 | 56,995 | 24,699 | 219.1 | 0% |
In its most recent public year (2023), this organization brought in $24,699 more than it spent. Its reserves stood at about 219.1 months of spending, down from 235.2 in 2020. Staff pay was 0% 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 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
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