Lehigh Valley Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,809,067 | 2,748,863 | 60,204 | 9.2 | 39% |
| 2012 | 3,366,225 | 3,250,883 | 115,342 | 8.2 | 36% |
| 2013 | 3,767,617 | 3,943,594 | −175,977 | 6.2 | 30% |
| 2014 | 4,435,470 | 4,535,948 | −100,478 | 5.1 | 29% |
| 2015 | 2,828,040 | 2,748,707 | 79,333 | 8.8 | 43% |
| 2016 | 2,892,411 | 2,899,431 | −7,020 | 8.9 | 43% |
| 2017 | 3,092,468 | 3,211,306 | −118,838 | 7.6 | 42% |
| 2018 | 3,051,975 | 2,985,285 | 66,690 | 8.4 | 49% |
| 2019 | 3,085,817 | 2,987,612 | 98,205 | 8.8 | 50% |
| 2020 | 4,906,265 | 4,807,294 | 98,971 | 5.7 | 32% |
| 2021 | 6,020,924 | 4,985,298 | 1,035,626 | 8.0 | 28% |
| 2022 | 3,199,006 | 3,060,552 | 138,454 | 13.6 | 54% |
| 2023 | 3,329,962 | 3,111,526 | 218,436 | 14.2 | 54% |
In its most recent public year (2023), this organization brought in $218,436 more than it spent. Its reserves stood at about 14.2 months of spending, up from 9.2 in 2011. Staff pay was 54% 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
Lehigh Valley Economic 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