Downtown Dunn Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 549,910 | 27,982 | 521,928 | 230.3 | 0% |
| 2022 | 121,165 | 33,916 | 87,249 | 241.9 | 0% |
| 2023 | 259,852 | 190,237 | 69,615 | 47.5 | 0% |
| 2024 | 426,660 | 162,779 | 263,881 | 75.0 | 0% |
In its most recent public year (2024), this organization brought in $263,881 more than it spent. Its reserves stood at about 75 months of spending, down from 230.3 in 2021. Staff pay was 0% of spending. $462,180 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 2024. 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
Downtown Dunn Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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