Center Redevelopmemt Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,315,037 | 1,436,345 | −121,308 | 19.7 | 19% |
| 2012 | 1,295,088 | 1,546,630 | −251,542 | 16.4 | 18% |
| 2013 | 1,348,553 | 1,220,961 | 127,592 | 22.0 | 23% |
| 2014 | 1,338,720 | 1,243,286 | 95,434 | 22.5 | 23% |
| 2015 | 1,345,141 | 1,288,609 | 56,532 | 22.3 | 19% |
| 2016 | 1,363,255 | 1,283,805 | 79,450 | 23.1 | 21% |
| 2017 | 1,399,079 | 1,362,798 | 36,281 | 22.1 | 23% |
| 2018 | 1,458,540 | 1,374,106 | 84,434 | 22.6 | 25% |
| 2019 | 1,466,112 | 1,384,542 | 81,570 | 23.2 | 26% |
| 2020 | 1,532,619 | 1,412,296 | 120,323 | 23.7 | 26% |
| 2021 | 1,592,616 | 1,394,182 | 198,434 | 25.8 | 26% |
| 2022 | 1,457,408 | 1,437,878 | 19,530 | 25.1 | 26% |
| 2023 | 1,511,770 | 1,555,000 | −43,230 | 22.9 | 27% |
| 2024 | 1,567,815 | 1,607,644 | −39,829 | 21.9 | 27% |
In its most recent public year (2024), this organization spent $39,829 more than it brought in. Its reserves stood at about 21.9 months of spending, up from 19.7 in 2011. Staff pay was 27% 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
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