Legacy Redevelopment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 319,219 | 481,618 | −162,399 | 9.6 | 43% |
| 2011 | 628,119 | 589,087 | 39,032 | 8.6 | 37% |
| 2012 | 660,496 | 582,280 | 78,216 | 10.4 | 48% |
| 2013 | 955,161 | 686,993 | 268,168 | 13.5 | 43% |
| 2014 | 1,104,596 | 864,239 | 240,357 | 14.0 | 41% |
| 2015 | 711,420 | 724,103 | −12,683 | 16.5 | 21% |
| 2016 | 545,699 | 647,810 | −102,111 | 16.6 | 37% |
| 2017 | 656,385 | 594,238 | 62,147 | 19.4 | 39% |
| 2018 | 639,932 | 648,584 | −8,652 | 17.6 | 40% |
| 2019 | 827,961 | 916,206 | −88,245 | 11.3 | 36% |
| 2020 | 945,824 | 860,606 | 85,218 | 13.2 | 26% |
| 2021 | 972,706 | 808,006 | 164,700 | 16.5 | 30% |
| 2022 | 1,699,010 | 1,353,779 | 345,231 | 12.9 | 24% |
| 2023 | 2,559,769 | 1,365,633 | 1,194,136 | 23.3 | 28% |
In its most recent public year (2023), this organization brought in $1,194,136 more than it spent. Its reserves stood at about 23.3 months of spending, up from 9.6 in 2010. Staff pay was 28% of spending. $29,767 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
Legacy Redevelopment 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