Greater Portland Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 200,071 | 6,815 | 193,256 | 340.3 | 0% |
| 2012 | 187,902 | 91,885 | 96,017 | 37.8 | 42% |
| 2013 | 38,345 | 144,567 | −106,222 | 15.2 | 49% |
| 2014 | 167 | 6,654 | −6,487 | 318.4 | 0% |
| 2015 | 153 | 126,701 | −126,548 | 4.7 | — |
| 2016 | 30,043 | 20,383 | 9,660 | 35.1 | — |
| 2017 | 11,133 | 26,247 | −15,114 | 20.4 | — |
| 2018 | 28 | 17,522 | −17,494 | 18.5 | — |
| 2019 | 21 | 4,411 | −4,390 | 61.7 | — |
| 2020 | 18 | 1,690 | −1,672 | 149.2 | — |
| 2021 | 25 | 1,525 | −1,500 | 153.5 | — |
| 2022 | 9 | 1,351 | −1,342 | 161.3 | — |
| 2023 | 8 | 1,526 | −1,518 | 130.9 | — |
In its most recent public year (2023), this organization spent $1,518 more than it brought in. Its reserves stood at about 130.9 months of spending, down from 340.3 in 2011.
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
Greater Portland Economic 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