Menominee Business Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 32,032 | 51,930 | −19,898 | 2.0 | — |
| 2012 | 70,022 | 60,312 | 9,710 | 3.6 | — |
| 2013 | 53,758 | 59,105 | −5,347 | 2.6 | — |
| 2014 | 42,250 | 54,966 | −12,716 | 0.0 | — |
| 2015 | 47,750 | 57,661 | −9,911 | -2.0 | — |
| 2016 | 68,000 | 61,058 | 6,942 | -0.6 | — |
| 2017 | 68,925 | 59,488 | 9,437 | 1.3 | — |
| 2018 | 62,410 | 66,969 | −4,559 | 0.4 | — |
| 2019 | 123,000 | 109,810 | 13,190 | 1.7 | — |
| 2020 | 75,832 | 58,229 | 17,603 | 6.8 | — |
| 2021 | 78,823 | 58,286 | 20,537 | 11.0 | — |
| 2022 | 71,500 | 63,448 | 8,052 | 11.6 | — |
| 2023 | 35,000 | 876 | 34,124 | 1309.3 | — |
In its most recent public year (2023), this organization brought in $34,124 more than it spent. Its reserves stood at about 1309.3 months of spending, up from 2 in 2011.
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
Menominee Business 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