Regional Economic Development Corporation Of Southwestern Pennsy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 796,382 | 1,378,485 | −582,103 | -115.9 | 0% |
| 2012 | 1,331,069 | 456,463 | 874,606 | -313.5 | 0% |
| 2013 | 631,877 | 487,254 | 144,623 | -290.1 | 0% |
| 2014 | 9,869,588 | 12,255 | 9,857,333 | -1881.8 | 0% |
| 2015 | 554,430 | 3,970 | 550,460 | -4145.2 | 0% |
| 2016 | 62,029 | 11,261 | 50,768 | -1407.3 | 0% |
| 2017 | 44,228 | 873,766 | −829,538 | -29.5 | 0% |
| 2018 | 39,453 | 4,660 | 34,793 | -5447.2 | 0% |
| 2019 | 51,584 | 3,535 | 48,049 | -7017.7 | 0% |
| 2020 | 31,792 | 4,795 | 26,997 | -5106.1 | 0% |
| 2021 | 162,292 | 4,511 | 157,781 | -5007.8 | 0% |
| 2022 | 2,533,737 | 2,063,705 | 470,032 | -8.2 | 0% |
| 2023 | 41,923 | 32,100 | 9,823 | -524.4 | 0% |
In its most recent public year (2023), this organization brought in $9,823 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-524.4 months), down from -115.9 in 2011. 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
Regional Economic Development Corporation Of Southwestern Pennsy'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