Twin Cities-Metro Certified Development Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,666,500 | 3,073,897 | −407,397 | 4.6 | 50% |
| 2012 | 2,965,349 | 2,201,161 | 764,188 | 10.6 | 64% |
| 2013 | 3,048,020 | 2,893,486 | 154,534 | 8.7 | 49% |
| 2014 | 2,888,862 | 2,513,408 | 375,454 | 11.8 | 59% |
| 2015 | 2,778,785 | 2,360,814 | 417,971 | 14.7 | 66% |
| 2016 | 2,528,618 | 2,476,214 | 52,404 | 14.3 | 67% |
| 2017 | 2,837,122 | 2,633,541 | 203,581 | 14.3 | 65% |
| 2018 | 2,670,362 | 2,616,746 | 53,616 | 14.7 | 66% |
| 2019 | 3,074,278 | 2,864,591 | 209,687 | 14.3 | 65% |
| 2020 | 3,357,156 | 3,007,587 | 349,569 | 15.0 | 66% |
| 2021 | 3,126,535 | 2,904,521 | 222,014 | 17.9 | 68% |
| 2022 | 3,463,785 | 3,232,304 | 231,481 | 17.0 | 67% |
| 2023 | 3,331,044 | 3,585,188 | −254,144 | 14.5 | 67% |
In its most recent public year (2023), this organization spent $254,144 more than it brought in. Its reserves stood at about 14.5 months of spending, up from 4.6 in 2011. Staff pay was 67% 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
Twin Cities-Metro Certified Development Company'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