Regional Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 268,197 | 122,934 | 145,263 | 131.3 | 0% |
| 2013 | 220,294 | 123,415 | 96,879 | 140.2 | 0% |
| 2014 | 221,032 | 120,766 | 100,266 | 153.2 | 0% |
| 2015 | 215,415 | 116,356 | 99,059 | 169.2 | 0% |
| 2016 | 215,082 | 117,499 | 97,583 | 177.5 | 0% |
| 2017 | 215,102 | 109,878 | 105,224 | 201.4 | 0% |
| 2018 | 215,156 | 107,702 | 107,454 | 216.7 | 0% |
| 2019 | 216,726 | 111,100 | 105,626 | 221.4 | 0% |
| 2020 | 219,077 | 109,115 | 109,962 | 237.6 | 0% |
| 2021 | 163,813 | 118,710 | 45,103 | 222.9 | 0% |
| 2022 | 209,539 | 138,135 | 71,404 | 197.8 | 0% |
| 2023 | 985,503 | 127,833 | 857,670 | 294.2 | 0% |
| 2024 | 245,397 | 88,587 | 156,810 | 445.8 | 0% |
In its most recent public year (2024), this organization brought in $156,810 more than it spent. Its reserves stood at about 445.8 months of spending, up from 131.3 in 2012. Staff pay was 0% of spending. $98,500 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works