Peoples Redevelopment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 336,356 | 406,721 | −70,365 | 329.0 | 0% |
| 2021 | 521,205 | 407,321 | 113,884 | 331.8 | 0% |
| 2022 | 397,717 | 449,613 | −51,896 | 299.2 | 0% |
| 2023 | 359,631 | 387,591 | −27,960 | 346.3 | 0% |
In its most recent public year (2023), this organization spent $27,960 more than it brought in. Its reserves stood at about 346.3 months of spending, up from 329 in 2020. Staff pay was 0% 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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