Union County Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 29,417 | 30,907 | −1,490 | 13.9 | 45% |
| 2011 | 22,691 | 23,568 | −877 | 17.8 | 57% |
| 2012 | 22,241 | 23,161 | −920 | 17.6 | 51% |
| 2013 | 33,453 | 30,209 | 3,244 | 14.8 | 53% |
| 2014 | 58,971 | 60,343 | −1,372 | 7.1 | 44% |
| 2015 | 50,093 | 47,849 | 2,244 | 9.6 | 49% |
| 2016 | 55,243 | 61,553 | −6,310 | 6.2 | 47% |
| 2017 | 64,291 | 66,461 | −2,170 | 5.4 | 46% |
| 2018 | 60,687 | 66,638 | −5,951 | 4.3 | 53% |
| 2019 | 67,906 | 85,952 | −18,046 | 3.0 | 56% |
| 2020 | 85,379 | 87,572 | −2,193 | 5.0 | 57% |
| 2021 | 382,314 | 375,807 | 6,507 | 0.6 | 14% |
| 2022 | 103,273 | 85,208 | 18,065 | 5.4 | 64% |
| 2023 | 375,317 | 349,711 | 25,606 | 2.2 | 13% |
In its most recent public year (2023), this organization brought in $25,606 more than it spent. Its reserves stood at about 2.2 months of spending, down from 13.9 in 2010. Staff pay was 13% 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
Union County 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