Macomb Area Industrial Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 269,996 | 206,476 | 63,520 | 43.8 | 37% |
| 2012 | 297,875 | 207,463 | 90,412 | 48.8 | 37% |
| 2013 | 269,678 | 217,062 | 52,616 | 49.5 | 40% |
| 2014 | 282,026 | 211,113 | 70,913 | 55.0 | 37% |
| 2015 | 291,316 | 228,243 | 63,073 | 54.1 | 39% |
| 2016 | 154,006 | 237,519 | −83,513 | 47.8 | 41% |
| 2017 | 179,107 | 177,103 | 2,004 | 64.3 | 54% |
| 2018 | 178,044 | 216,934 | −38,890 | 50.3 | 45% |
| 2019 | 191,268 | 196,874 | −5,606 | 55.1 | 51% |
| 2020 | 194,518 | 193,510 | 1,008 | 56.1 | 53% |
| 2021 | 219,003 | 201,900 | 17,103 | 54.8 | 52% |
| 2022 | 197,186 | 203,765 | −6,579 | 53.9 | 52% |
| 2023 | 190,148 | 175,707 | 14,441 | 63.5 | 52% |
In its most recent public year (2023), this organization brought in $14,441 more than it spent. Its reserves stood at about 63.5 months of spending, up from 43.8 in 2011. Staff pay was 52% of spending. $334,619 of its net assets are donor-restricted.
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
Macomb Area Industrial 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