Mechanical Contractors Association Of Detroit Industry Promotion Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,008,073 | 1,444,792 | 563,281 | 20.1 | 29% |
| 2012 | 1,673,697 | 1,667,634 | 6,063 | 18.4 | 31% |
| 2013 | 1,492,380 | 1,530,252 | −37,872 | 21.5 | 30% |
| 2014 | 1,600,525 | 1,862,939 | −262,414 | 16.1 | 34% |
| 2015 | 2,089,113 | 1,778,646 | 310,467 | 18.6 | 37% |
| 2016 | 2,014,433 | 1,760,653 | 253,780 | 21.0 | 37% |
| 2017 | 2,472,960 | 1,795,192 | 677,768 | 26.3 | 35% |
| 2018 | 2,256,527 | 1,871,831 | 384,696 | 26.4 | 34% |
| 2019 | 2,099,022 | 2,194,874 | −95,852 | 24.1 | 33% |
| 2020 | 2,234,528 | 1,749,804 | 484,724 | 34.8 | 39% |
| 2021 | 2,471,149 | 1,904,039 | 567,110 | 38.3 | 35% |
| 2022 | 2,239,849 | 2,135,057 | 104,792 | 30.6 | 30% |
| 2023 | 2,303,573 | 2,476,220 | −172,647 | 28.0 | 26% |
In its most recent public year (2023), this organization spent $172,647 more than it brought in. Its reserves stood at about 28 months of spending, up from 20.1 in 2011. Staff pay was 26% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works