Local Economic & Employement Development Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,200,804 | 1,038,759 | 162,045 | 4.5 | 64% |
| 2012 | 339,792 | 416,717 | −76,925 | 3.5 | 54% |
| 2013 | 712,122 | 839,476 | −127,354 | -0.1 | 61% |
| 2014 | 809,602 | 793,633 | 15,969 | 0.2 | 52% |
| 2015 | 528,173 | 553,670 | −25,497 | -0.3 | 56% |
| 2016 | 491,701 | 504,733 | −13,032 | -0.7 | 59% |
| 2017 | 352,866 | 366,864 | −13,998 | -1.4 | 59% |
| 2018 | 333,435 | 294,071 | 39,364 | -0.1 | 63% |
| 2019 | 313,404 | 303,011 | 10,393 | 0.3 | 59% |
| 2020 | 359,051 | 317,757 | 41,294 | 3.4 | 55% |
| 2021 | 411,930 | 399,220 | 12,710 | 3.1 | 55% |
| 2022 | 379,496 | 420,836 | −41,340 | 3.2 | 53% |
| 2023 | 532,288 | 474,666 | 57,622 | 4.3 | 56% |
In its most recent public year (2023), this organization brought in $57,622 more than it spent. Its reserves stood at about 4.3 months of spending. Staff pay was 56% 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
Local Economic & Employement Development Council Inc'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