Union Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 120,360 | 101,087 | 19,273 | 5.8 | — |
| 2018 | 43,480 | 16,264 | 27,216 | 55.9 | — |
| 2019 | 414,876 | 152,781 | 262,095 | 26.5 | 0% |
| 2020 | 709,624 | 566,160 | 143,464 | 9.6 | 15% |
| 2021 | 582,330 | 700,929 | −118,599 | 6.8 | 35% |
| 2022 | 809,977 | 684,834 | 125,143 | 9.0 | 52% |
| 2023 | 786,017 | 795,235 | −9,218 | 7.6 | 37% |
In its most recent public year (2023), this organization spent $9,218 more than it brought in. Its reserves stood at about 7.6 months of spending, up from 5.8 in 2017. Staff pay was 37% of spending. $434,515 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
Union 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