Operating record

Greater Laporte Economic Development Corporation

Laporte, IN · EIN 35-2146258 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2019$384,691$316,784$67,90730.24%
2020$403,711$295,264$108,44736.80%
2021$320,018$278,103$41,91540.90%
2022$197,789$260,487−$62,69840.80%
2023$266,999$257,454$9,54541.70%

In its most recent public year (2023), this organization brought in $9,545 more than it spent. Its reserves stood at about 41.7 months of spending, up from 30.2 in 2019. 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 ↗