Bloomington-Normal Area Economic Development Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,521,914 | 924,316 | 597,598 | 19.2 | 35% |
| 2012 | 606,647 | 701,567 | −94,920 | 30.9 | 43% |
| 2013 | 522,389 | 690,190 | −167,801 | 28.5 | 35% |
| 2014 | 492,409 | 936,734 | −444,325 | 15.3 | 41% |
| 2015 | 549,601 | 847,920 | −298,319 | 12.7 | 44% |
| 2016 | 679,460 | 1,006,323 | −326,863 | 6.8 | 38% |
| 2017 | 816,043 | 932,365 | −116,322 | 5.9 | 52% |
| 2018 | 1,025,901 | 840,112 | 185,789 | 9.2 | 41% |
| 2019 | 808,001 | 737,768 | 70,233 | 11.6 | 40% |
| 2020 | 1,149,476 | 713,488 | 435,988 | 19.3 | 52% |
| 2021 | 930,075 | 777,817 | 152,258 | 20.1 | 48% |
| 2022 | 981,896 | 1,072,023 | −90,127 | 13.5 | 43% |
| 2023 | 742,304 | 1,056,780 | −314,476 | 10.3 | 47% |
In its most recent public year (2023), this organization spent $314,476 more than it brought in. Its reserves stood at about 10.3 months of spending, down from 19.2 in 2011. Staff pay was 47% 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
Bloomington-Normal Area Economic Development Council'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