City Of Gary Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 8,317 | 31,968 | −23,651 | 355.0 | 40% |
| 2009 | 8,317 | 31,968 | −23,651 | 355.0 | 40% |
| 2010 | 4,602 | 30,150 | −25,548 | 384.0 | 38% |
| 2011 | 4,282 | 30,818 | −26,536 | 365.2 | 57% |
| 2012 | 53,250 | 135,414 | −82,164 | 54.8 | 0% |
| 2013 | 22,714 | 191,638 | −168,924 | 26.7 | 0% |
| 2014 | 147,586 | 440,391 | −292,805 | 3.0 | 27% |
| 2015 | 862,335 | 168,863 | 693,472 | 55.6 | 37% |
| 2016 | 8,129,892 | 976,367 | 7,153,525 | 97.3 | 1% |
| 2017 | 242,266 | 453,544 | −211,278 | 203.2 | 3% |
| 2018 | 505,630 | 662,634 | −157,004 | 135.8 | 2% |
| 2019 | 248,615 | 341,720 | −93,105 | 257.7 | 3% |
| 2022 | 95,838 | 1,765,381 | −1,669,543 | 35.6 | 0% |
| 2023 | 95,025 | 384,607 | −289,582 | 153.7 | 0% |
In its most recent public year (2023), this organization spent $289,582 more than it brought in. Its reserves stood at about 153.7 months of spending, down from 355 in 2008. Staff pay was 0% 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
City Of Gary Economic Development Corp'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