The Corporation For Community And Economic Development United Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 265,000 | 169,775 | 95,225 | 6.7 | 88% |
| 2021 | 273,750 | 348,463 | −74,713 | 0.7 | 80% |
| 2022 | 369,500 | 346,225 | 23,275 | 1.5 | 80% |
| 2023 | 375,500 | 406,679 | −31,179 | 0.4 | 79% |
In its most recent public year (2023), this organization spent $31,179 more than it brought in. Its reserves stood at about 0.4 months of spending, down from 6.7 in 2020. Staff pay was 79% 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
The Corporation For Community And Economic Development United Inc'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