Seneca County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,332,161 | 1,144,080 | 188,081 | 3.6 | 0% |
| 2012 | 118,627 | 178,392 | −59,765 | 19.0 | 0% |
| 2013 | 84,931 | 129,166 | −44,235 | 22.1 | 0% |
| 2014 | 839,744 | 523,941 | 315,803 | 12.7 | 0% |
| 2015 | 52,281 | 113,165 | −60,884 | 52.2 | 0% |
| 2016 | 192,877 | 127,403 | 65,474 | 52.6 | 0% |
| 2017 | 102,266 | 124,385 | −22,119 | 51.7 | 0% |
| 2018 | 33,950 | 123,402 | −89,452 | 43.4 | 0% |
| 2019 | 19,587 | 126,127 | −106,540 | 32.4 | 5% |
| 2020 | 23,632 | 127,682 | −104,050 | 22.2 | 5% |
| 2021 | 7,874 | 80,519 | −72,645 | 24.3 | 7% |
| 2022 | 600,160 | 615,214 | −15,054 | 2.9 | 0% |
| 2023 | 56 | 16,039 | −15,983 | 99.0 | 19% |
In its most recent public year (2023), this organization spent $15,983 more than it brought in. Its reserves stood at about 99 months of spending, up from 3.6 in 2011. Staff pay was 19% 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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