Cortland County Business Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 531,235 | 475,385 | 55,850 | 25.0 | 43% |
| 2012 | 492,425 | 492,032 | 393 | 24.1 | 44% |
| 2013 | 433,502 | 371,271 | 62,231 | 34.0 | 62% |
| 2014 | 956,225 | 933,645 | 22,580 | 13.8 | 24% |
| 2015 | 461,562 | 512,989 | −51,427 | 23.9 | 49% |
| 2016 | 462,453 | 448,545 | 13,908 | 27.8 | 60% |
| 2017 | 499,447 | 441,758 | 57,689 | 29.7 | 60% |
| 2018 | 475,609 | 452,972 | 22,637 | 29.6 | 59% |
| 2019 | 489,380 | 442,159 | 47,221 | 31.6 | 62% |
| 2020 | 508,838 | 515,304 | −6,466 | 27.0 | 49% |
| 2021 | 520,349 | 457,921 | 62,428 | 32.0 | 59% |
| 2022 | 959,128 | 1,022,300 | −63,172 | 13.6 | 31% |
| 2023 | 777,252 | 734,038 | 43,214 | 19.6 | 44% |
In its most recent public year (2023), this organization brought in $43,214 more than it spent. Its reserves stood at about 19.6 months of spending, down from 25 in 2011. Staff pay was 44% of spending. $799,693 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
Cortland County Business 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