Community Economic Development Association Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,372,315 | 1,192,554 | 179,761 | 3.1 | 30% |
| 2012 | 1,310,384 | 1,208,799 | 101,585 | 4.1 | 59% |
| 2013 | 1,233,568 | 1,172,290 | 61,278 | 4.9 | 62% |
| 2014 | 1,446,097 | 1,316,783 | 129,314 | 3.5 | 57% |
| 2015 | 1,526,559 | 1,383,129 | 143,430 | 4.6 | 55% |
| 2016 | 1,453,729 | 1,348,603 | 105,126 | 5.7 | 55% |
| 2017 | 1,345,603 | 1,281,018 | 64,585 | 6.6 | 49% |
| 2018 | 1,348,546 | 1,277,247 | 71,299 | 7.3 | 59% |
| 2019 | 2,071,998 | 1,857,737 | 214,261 | 6.4 | 48% |
| 2020 | 1,903,505 | 1,823,578 | 79,927 | 7.0 | 48% |
| 2021 | 2,264,650 | 2,089,882 | 174,768 | 7.5 | 51% |
| 2022 | 4,096,846 | 3,430,945 | 665,901 | 6.7 | 48% |
| 2023 | 3,268,290 | 3,190,424 | 77,866 | 7.7 | 55% |
In its most recent public year (2023), this organization brought in $77,866 more than it spent. Its reserves stood at about 7.7 months of spending, up from 3.1 in 2011. Staff pay was 55% 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
Community Economic Development Association Of Michigan'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