Greater Huron Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 530,354 | 760,392 | −230,038 | 17.1 | 36% |
| 2012 | 7,997,798 | 778,673 | 7,219,125 | 128.0 | 32% |
| 2013 | 1,011,208 | 2,103,051 | −1,091,843 | 40.7 | 11% |
| 2014 | 1,159,706 | 1,558,620 | −398,914 | 51.1 | 18% |
| 2015 | 1,064,847 | 1,568,856 | −504,009 | 46.1 | 20% |
| 2016 | 1,231,270 | 1,741,241 | −509,971 | 38.0 | 18% |
| 2017 | 1,195,099 | 2,124,390 | −929,291 | 25.9 | 15% |
| 2018 | 3,865,151 | 1,625,718 | 2,239,433 | 50.4 | 16% |
| 2019 | 4,723,958 | 6,341,877 | −1,617,919 | 9.9 | 4% |
| 2020 | 2,506,573 | 496,224 | 2,010,349 | 175.0 | 55% |
| 2021 | 460,012 | 711,463 | −251,451 | 117.8 | 24% |
| 2022 | 647,544 | 704,664 | −57,120 | 119.5 | 25% |
| 2023 | 931,900 | 1,064,808 | −132,908 | 77.6 | 18% |
In its most recent public year (2023), this organization spent $132,908 more than it brought in. Its reserves stood at about 77.6 months of spending, up from 17.1 in 2011. Staff pay was 18% of spending. $440,600 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
Greater Huron 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