Medina County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 223,098 | 216,285 | 6,813 | 9.4 | 71% |
| 2012 | 260,945 | 239,407 | 21,538 | 9.6 | 64% |
| 2013 | 286,477 | 259,511 | 26,966 | 8.8 | 63% |
| 2014 | 296,719 | 278,668 | 18,051 | 9.0 | 64% |
| 2015 | 308,863 | 324,744 | −15,881 | 7.1 | 63% |
| 2016 | 350,458 | 337,644 | 12,814 | 7.3 | 67% |
| 2017 | 424,089 | 371,591 | 52,498 | 8.3 | 65% |
| 2018 | 455,909 | 386,308 | 69,601 | 10.2 | 67% |
| 2019 | 508,762 | 469,928 | 38,834 | 9.4 | 68% |
| 2020 | 523,434 | 500,913 | 22,521 | 9.3 | 71% |
| 2021 | 574,224 | 557,037 | 17,187 | 8.8 | 64% |
| 2022 | 899,859 | 881,661 | 18,198 | 5.8 | 62% |
| 2023 | 995,028 | 981,961 | 13,067 | 5.4 | 59% |
In its most recent public year (2023), this organization brought in $13,067 more than it spent. Its reserves stood at about 5.4 months of spending, down from 9.4 in 2011. Staff pay was 59% 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
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