Lake County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,083 | 46,296 | 12,787 | 3.4 | — |
| 2012 | 41,401 | 28,041 | 13,360 | 11.3 | — |
| 2013 | 61,330 | 41,917 | 19,413 | 13.1 | — |
| 2014 | 79,932 | 44,701 | 35,231 | 21.7 | — |
| 2015 | 28,232 | 58,164 | −29,932 | 10.5 | — |
| 2016 | 74,032 | 60,904 | 13,128 | 12.6 | — |
| 2017 | 36,207 | 42,526 | −6,319 | 16.3 | — |
| 2018 | 52,216 | 69,565 | −17,349 | 7.0 | — |
| 2019 | 58,946 | 76,070 | −17,124 | 3.7 | — |
| 2020 | 48,284 | 27,510 | 20,774 | 19.3 | — |
| 2021 | 137,263 | 115,479 | 21,784 | 6.9 | 12% |
| 2022 | 382,560 | 371,520 | 11,040 | 2.5 | 6% |
| 2023 | 311,385 | 299,807 | 11,578 | 3.5 | 6% |
In its most recent public year (2023), this organization brought in $11,578 more than it spent. Its reserves stood at about 3.5 months of spending. Staff pay was 6% 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
Lake County 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