Cheektowaga Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,525 | 108,656 | −65,131 | 228.1 | 0% |
| 2012 | 26,739 | 52,462 | −25,723 | 466.6 | 0% |
| 2013 | 29,770 | 38,709 | −8,939 | 629.6 | 0% |
| 2014 | 18,377 | 44,969 | −26,592 | 534.8 | 0% |
| 2015 | 14,858 | 28,068 | −13,210 | 851.2 | 0% |
| 2016 | 24,140 | 18,895 | 5,245 | 1267.8 | 0% |
| 2017 | 50,544 | 237,646 | −187,102 | 91.4 | 4% |
| 2018 | 14,350 | 56,605 | −42,255 | 374.6 | 36% |
| 2019 | 41,749 | 517,632 | −475,883 | 29.3 | 3% |
| 2020 | 7,774 | 81,336 | −73,562 | 175.9 | 20% |
| 2021 | 10,475 | 42,261 | −31,786 | 329.6 | 35% |
| 2022 | 9,972 | 44,627 | −34,655 | 302.8 | 37% |
| 2023 | 5,764 | 29,407 | −23,643 | 449.8 | 82% |
In its most recent public year (2023), this organization spent $23,643 more than it brought in. Its reserves stood at about 449.8 months of spending, up from 228.1 in 2011. Staff pay was 82% 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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