Iowa Lakes Corridor Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,384,219 | 734,078 | 1,650,141 | 29.8 | 50% |
| 2013 | 549,123 | 686,059 | −136,936 | 29.7 | 48% |
| 2014 | 216,720 | 730,951 | −514,231 | 19.2 | 46% |
| 2015 | 214,079 | 757,011 | −542,932 | 11.1 | 47% |
| 2016 | 297,619 | 672,458 | −374,839 | 5.6 | 53% |
| 2017 | 1,510,713 | 562,189 | 948,524 | 27.0 | 56% |
| 2018 | 320,068 | 629,462 | −309,394 | 18.7 | 52% |
| 2019 | 386,946 | 580,015 | −193,069 | 16.3 | 58% |
| 2020 | 1,667,729 | 739,370 | 928,359 | 25.5 | 48% |
| 2021 | 291,496 | 315,123 | −23,627 | 67.0 | 50% |
| 2022 | 508,613 | 723,711 | −215,098 | 25.6 | 43% |
| 2023 | 425,923 | 545,516 | −119,593 | 31.3 | 48% |
In its most recent public year (2023), this organization spent $119,593 more than it brought in. Its reserves stood at about 31.3 months of spending, up from 29.8 in 2012. Staff pay was 48% of spending. $588,418 of its net assets are donor-restricted.
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
Iowa Lakes Corridor 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