Merrimack Valley Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 27,303 | 26,801 | 502 | 306.2 | 0% |
| 2021 | 24,044 | 24,974 | −930 | 328.4 | 0% |
| 2022 | 129,954 | 129,344 | 610 | 63.5 | 0% |
| 2023 | 136,514 | 134,648 | 1,866 | 61.1 | 0% |
| 2024 | 149,889 | 51,215 | 98,674 | 183.8 | 0% |
In its most recent public year (2024), this organization brought in $98,674 more than it spent. Its reserves stood at about 183.8 months of spending, down from 306.2 in 2019. Staff pay was 0% 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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