Empire-Tilden-Cleveland Cliffs Iron Michigan Central Shops Retiree
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,921,537 | 362,101 | 20,559,436 | 5645.7 | 100% |
| 2012 | 23,098,562 | 518,695 | 22,579,867 | 4463.6 | 100% |
| 2013 | 38,821,656 | 10,595,321 | 28,226,335 | 250.5 | 0% |
| 2014 | 13,578,778 | 13,711,030 | −132,252 | 193.4 | 0% |
| 2015 | 15,649,051 | 14,399,993 | 1,249,058 | 185.2 | 0% |
| 2016 | 7,063,897 | 12,919,415 | −5,855,518 | 201.0 | 1% |
| 2017 | 16,243,690 | 22,213,293 | −5,969,603 | 113.7 | 0% |
| 2018 | 8,069,401 | 12,425,846 | −4,356,445 | 199.0 | 0% |
| 2019 | 11,749,239 | 13,331,894 | −1,582,655 | 184.1 | 1% |
| 2020 | 22,861,648 | 10,949,287 | 11,912,361 | 237.2 | 0% |
| 2021 | 10,790,869 | 10,562,239 | 228,630 | 246.2 | 0% |
| 2022 | −2,955,540 | 9,551,298 | −12,506,838 | 256.5 | 1% |
| 2023 | 1,419,171 | 5,046,010 | −3,626,839 | 476.9 | 1% |
In its most recent public year (2023), this organization spent $3,626,839 more than it brought in. Its reserves stood at about 476.9 months of spending, down from 5645.7 in 2011. Staff pay was 1% 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
Empire-Tilden-Cleveland Cliffs Iron Michigan Central Shops Retiree'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