Leominster Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 253,876 | 269,447 | −15,571 | 14.1 | 0% |
| 2012 | 270,654 | 251,475 | 19,179 | 16.0 | 0% |
| 2013 | 264,207 | 272,111 | −7,904 | 14.4 | 0% |
| 2014 | 261,532 | 250,130 | 11,402 | 16.2 | 0% |
| 2015 | 264,858 | 253,125 | 11,733 | 16.6 | 0% |
| 2016 | 267,939 | 247,672 | 20,267 | 18.0 | 0% |
| 2017 | 268,483 | 255,110 | 13,373 | 18.1 | 0% |
| 2018 | 233,733 | 259,861 | −26,128 | 16.5 | 0% |
| 2019 | 246,333 | 298,047 | −51,714 | 12.3 | 0% |
| 2020 | 283,473 | 280,451 | 3,022 | 13.2 | 0% |
| 2021 | 273,342 | 251,320 | 22,022 | 15.8 | 0% |
| 2022 | 263,938 | 315,834 | −51,896 | 10.6 | 0% |
| 2023 | 288,563 | 336,041 | −47,478 | 8.3 | 0% |
In its most recent public year (2023), this organization spent $47,478 more than it brought in. Its reserves stood at about 8.3 months of spending, down from 14.1 in 2011. 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 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
Leominster 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