Des Moines Redevelopment Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 50,000 | 25,136 | 24,864 | 11.9 | 0% |
| 2013 | 71,527 | 379,815 | −308,288 | -9.0 | 0% |
| 2014 | 709,773 | 255,531 | 454,242 | 8.0 | 0% |
| 2015 | 356 | 53,897 | −53,541 | 26.1 | 0% |
| 2016 | 50,411 | 23,605 | 26,806 | 73.2 | 0% |
| 2017 | 50,170 | 2,761 | 47,409 | 832.3 | 0% |
| 2018 | 1,714 | 3,575 | −1,861 | 636.5 | 0% |
| 2019 | 3,069 | 6,008 | −2,939 | 372.9 | 0% |
| 2020 | 6 | 4,459 | −4,453 | 490.4 | 0% |
| 2021 | 460 | 4,120 | −3,660 | 520.1 | 0% |
| 2022 | 2,051 | 3,365 | −1,314 | 632.2 | 0% |
| 2023 | 5,945 | 33,534 | −27,589 | 53.6 | 0% |
In its most recent public year (2023), this organization spent $27,589 more than it brought in. Its reserves stood at about 53.6 months of spending, up from 11.9 in 2012. 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
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