Chicago Southland Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 50,030 | 58,123 | −8,093 | 17.9 | — |
| 2012 | 45,340 | 60,046 | −14,706 | 14.4 | — |
| 2013 | 49,050 | 48,680 | 370 | 17.8 | — |
| 2014 | 73,935 | 106,728 | −32,793 | 4.4 | — |
| 2015 | 131,716 | 98,220 | 33,496 | 8.9 | — |
| 2016 | 138,003 | 113,419 | 24,584 | 10.3 | — |
| 2017 | 121,295 | 99,661 | 21,634 | 14.4 | — |
| 2018 | 175,804 | 210,090 | −34,286 | 4.9 | — |
| 2019 | 200,860 | 198,380 | 2,480 | 5.3 | 25% |
| 2020 | 167,356 | 168,671 | −1,315 | 6.1 | — |
| 2021 | 512,493 | 248,340 | 264,153 | 16.9 | 43% |
In its most recent public year (2021), this organization brought in $264,153 more than it spent. Its reserves stood at about 16.9 months of spending. Staff pay was 43% 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 2021. 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
Chicago Southland Economic Development Corporation's IRS filings as a feed — one entry per filing year, through 2021. 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