Midtown Elizabeth District Management Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 400,432 | 443,418 | −42,986 | 2.8 | 28% |
| 2011 | 357,074 | 399,714 | −42,640 | 1.9 | 19% |
| 2012 | 320,807 | 309,288 | 11,519 | 3.5 | 38% |
| 2013 | 300,749 | 264,922 | 35,827 | 5.8 | 43% |
| 2014 | 217,733 | 259,848 | −42,115 | 4.0 | 48% |
| 2015 | 237,282 | 280,613 | −43,331 | 1.8 | 52% |
| 2016 | 223,318 | 257,905 | −34,587 | 0.2 | 32% |
| 2017 | 246,261 | 216,930 | 29,331 | 1.9 | 55% |
| 2018 | 243,593 | 229,969 | 13,624 | 2.5 | 53% |
| 2020 | 227,825 | 216,683 | 11,142 | 0.1 | 51% |
| 2021 | 269,521 | 205,166 | 64,355 | 3.8 | 43% |
| 2022 | 231,100 | 254,870 | −23,770 | 2.0 | 0% |
| 2023 | 226,144 | 129,673 | 96,471 | 18.8 | 1% |
In its most recent public year (2023), this organization brought in $96,471 more than it spent. Its reserves stood at about 18.8 months of spending, up from 2.8 in 2010. Staff pay was 1% 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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