Remsen Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 339,881 | 1,632 | 338,249 | 3912.8 | 0% |
| 2022 | 209,703 | 390,421 | −180,718 | 10.8 | 0% |
| 2023 | 106,551 | 5,954 | 100,597 | 911.0 | — |
In its most recent public year (2023), this organization brought in $100,597 more than it spent. Its reserves stood at about 911 months of spending, down from 3912.8 in 2021.
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
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