Mchenry County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 350,573 | 359,931 | −9,358 | -4.9 | 43% |
| 2012 | 366,430 | 340,354 | 26,076 | -4.3 | 48% |
| 2013 | 357,869 | 328,714 | 29,155 | -3.4 | 50% |
| 2014 | 382,035 | 341,568 | 40,467 | -1.9 | 49% |
| 2015 | 337,622 | 300,929 | 36,693 | -0.6 | 55% |
| 2016 | 389,760 | 329,326 | 60,434 | 1.6 | 51% |
| 2017 | 369,828 | 289,807 | 80,021 | 5.2 | 50% |
| 2018 | 321,970 | 336,683 | −14,713 | 3.9 | 46% |
| 2019 | 378,914 | 400,983 | −22,069 | 2.6 | 53% |
| 2020 | 305,815 | 346,612 | −40,797 | 1.6 | 70% |
| 2021 | 381,320 | 358,830 | 22,490 | 2.3 | 65% |
| 2022 | 335,863 | 350,321 | −14,458 | 1.9 | 65% |
| 2023 | 350,013 | 383,548 | −33,535 | 0.7 | 70% |
In its most recent public year (2023), this organization spent $33,535 more than it brought in. Its reserves stood at about 0.7 months of spending, up from -4.9 in 2011. Staff pay was 70% 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
Mchenry 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