Jefferson County Local Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 72,347 | 59,727 | 12,620 | 592.1 | 44% |
| 2014 | 1,750,607 | 1,439,117 | 311,490 | 34.9 | 34% |
| 2015 | 1,353,881 | 1,063,629 | 290,252 | 50.5 | 44% |
| 2016 | 1,195,925 | 1,034,985 | 160,940 | 53.7 | 47% |
| 2017 | 502,570 | 985,450 | −482,880 | 50.6 | 51% |
| 2018 | 484,435 | 979,944 | −495,509 | 44.8 | 54% |
| 2019 | 789,444 | 1,206,684 | −417,240 | 32.2 | 44% |
| 2020 | 1,160,745 | 1,045,234 | 115,511 | 38.5 | 54% |
| 2021 | 1,176,174 | 985,486 | 190,688 | 43.2 | 53% |
| 2022 | 1,546,169 | 1,391,873 | 154,296 | 31.9 | 34% |
| 2023 | 1,769,039 | 2,478,001 | −708,962 | 14.5 | 23% |
In its most recent public year (2023), this organization spent $708,962 more than it brought in. Its reserves stood at about 14.5 months of spending, down from 592.1 in 2013. Staff pay was 23% 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
Jefferson County Local 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