Midwest Minnesota Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,913,925 | 5,573,587 | 4,340,338 | 66.7 | 34% |
| 2012 | 11,004,883 | 9,054,371 | 1,950,512 | 43.5 | 23% |
| 2013 | 9,807,253 | 5,970,136 | 3,837,117 | 73.7 | 43% |
| 2014 | 16,092,361 | 4,936,087 | 11,156,274 | 116.3 | 43% |
| 2015 | 10,275,243 | 5,420,473 | 4,854,770 | 116.6 | 44% |
| 2016 | 8,466,555 | 5,147,902 | 3,318,653 | 130.6 | 48% |
| 2017 | 7,567,971 | 5,034,734 | 2,533,237 | 139.5 | 49% |
| 2018 | 11,564,257 | 5,443,783 | 6,120,474 | 142.5 | 47% |
| 2019 | 9,796,447 | 6,896,735 | 2,899,712 | 117.6 | 38% |
| 2020 | 8,562,276 | 5,754,024 | 2,808,252 | 146.8 | 48% |
| 2021 | 8,284,111 | 5,228,981 | 3,055,130 | 168.5 | 51% |
| 2022 | 6,318,095 | 5,398,526 | 919,569 | 165.3 | 48% |
| 2023 | 6,717,967 | 5,081,680 | 1,636,287 | 179.1 | 57% |
In its most recent public year (2023), this organization brought in $1,636,287 more than it spent. Its reserves stood at about 179.1 months of spending, up from 66.7 in 2011. Staff pay was 57% 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
Midwest Minnesota Community 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