Union County Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,238,240 | 1,800,031 | 438,209 | 22.1 | 58% |
| 2012 | 2,054,965 | 1,863,394 | 191,571 | 22.8 | 59% |
| 2013 | 2,366,220 | 1,908,977 | 457,243 | 26.1 | 62% |
| 2014 | 2,557,126 | 2,084,455 | 472,671 | 26.6 | 63% |
| 2015 | 2,813,177 | 1,987,765 | 825,412 | 31.9 | 64% |
| 2016 | 3,536,859 | 2,283,878 | 1,252,981 | 34.6 | 64% |
| 2017 | 3,803,185 | 2,462,868 | 1,340,317 | 39.2 | 65% |
| 2018 | 4,283,366 | 2,547,374 | 1,735,992 | 44.5 | 67% |
| 2019 | 3,311,510 | 2,801,721 | 509,789 | 45.4 | 70% |
| 2020 | 3,587,392 | 2,630,398 | 956,994 | 56.1 | 63% |
| 2021 | 5,814,485 | 2,933,056 | 2,881,429 | 63.7 | 63% |
| 2022 | 5,346,138 | 3,455,714 | 1,890,424 | 56.3 | 64% |
| 2023 | 4,807,989 | 3,819,951 | 988,038 | 56.3 | 64% |
In its most recent public year (2023), this organization brought in $988,038 more than it spent. Its reserves stood at about 56.3 months of spending, up from 22.1 in 2011. Staff pay was 64% of spending. $1,743,026 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 County Economic Development Corp'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