Cherokee Area Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 238,056 | 168,767 | 69,289 | 30.8 | 56% |
| 2013 | 214,200 | 182,131 | 32,069 | 30.6 | 54% |
| 2014 | 313,200 | 207,233 | 105,967 | 33.1 | 54% |
| 2015 | 190,387 | 214,190 | −23,803 | 30.7 | 56% |
| 2016 | 183,191 | 217,821 | −34,630 | 28.2 | 53% |
| 2017 | 244,152 | 212,503 | 31,649 | 30.7 | 51% |
| 2018 | 243,536 | 273,418 | −29,882 | 22.6 | 40% |
| 2019 | 237,996 | 221,380 | 16,616 | 28.8 | 53% |
| 2020 | 237,446 | 241,189 | −3,743 | 26.2 | 52% |
| 2021 | 328,688 | 224,884 | 103,804 | 33.7 | 50% |
| 2022 | 256,561 | 224,073 | 32,488 | 35.5 | 54% |
| 2023 | 284,440 | 195,498 | 88,942 | 46.2 | 50% |
| 2024 | 309,867 | 259,226 | 50,641 | 37.2 | 32% |
In its most recent public year (2024), this organization brought in $50,641 more than it spent. Its reserves stood at about 37.2 months of spending, up from 30.8 in 2012. Staff pay was 32% 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 2024. 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
Cherokee Area Economic Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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