Main Street Corridor Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 244,718 | 259,954 | −15,236 | 13.3 | 51% |
| 2012 | 266,395 | 293,873 | −27,478 | 10.7 | 51% |
| 2013 | 196,734 | 196,947 | −213 | 15.9 | 66% |
| 2014 | 220,466 | 169,316 | 51,150 | 22.3 | 64% |
| 2015 | 292,301 | 249,589 | 42,712 | 17.2 | 46% |
| 2016 | 282,654 | 287,893 | −5,239 | 13.8 | 43% |
| 2017 | 435,152 | 465,469 | −30,317 | 7.8 | 41% |
| 2018 | 598,753 | 573,214 | 25,539 | 6.8 | 41% |
| 2019 | 503,955 | 541,624 | −37,669 | 2.6 | 46% |
| 2020 | 530,957 | 490,516 | 40,441 | 3.9 | 62% |
| 2021 | 535,464 | 471,550 | 63,914 | 5.7 | 73% |
| 2022 | 585,064 | 622,423 | −37,359 | 3.6 | 57% |
| 2023 | 588,028 | 612,804 | −24,776 | 3.1 | 59% |
In its most recent public year (2023), this organization spent $24,776 more than it brought in. Its reserves stood at about 3.1 months of spending, down from 13.3 in 2011. Staff pay was 59% 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
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