Lake Champlain Islands Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 84,587 | 73,176 | 11,411 | 9.7 | — |
| 2014 | 105,012 | 86,445 | 18,567 | 10.8 | — |
| 2015 | 111,113 | 111,915 | −802 | 8.3 | — |
| 2016 | 121,946 | 112,516 | 9,430 | 9.2 | — |
| 2017 | 91,059 | 93,795 | −2,736 | 10.7 | — |
| 2018 | 126,855 | 90,907 | 35,948 | 15.8 | — |
| 2019 | 119,105 | 117,744 | 1,361 | 12.3 | — |
| 2020 | 119,381 | 130,138 | −10,757 | 10.2 | — |
| 2021 | 128,642 | 133,944 | −5,302 | 9.4 | — |
| 2022 | 141,921 | 153,510 | −11,589 | 7.3 | — |
| 2023 | 144,223 | 158,410 | −14,187 | 6.0 | — |
In its most recent public year (2023), this organization spent $14,187 more than it brought in. Its reserves stood at about 6 months of spending, down from 9.7 in 2013.
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
Lake Champlain Islands Economic 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