Grand Island Area Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 524,858 | 463,925 | 60,933 | 83.5 | 35% |
| 2012 | 578,711 | 419,483 | 159,228 | 89.4 | 38% |
| 2013 | 3,082,821 | 488,523 | 2,594,298 | 140.5 | 32% |
| 2014 | 1,515,585 | 1,747,877 | −232,292 | 37.7 | 11% |
| 2015 | 946,224 | 298,907 | 647,317 | 246.3 | 51% |
| 2016 | 857,222 | 742,941 | 114,281 | 100.9 | 25% |
| 2017 | 960,672 | 615,745 | 344,927 | 128.5 | 39% |
| 2018 | 672,856 | 394,855 | 278,001 | 208.8 | 56% |
| 2019 | 555,335 | 399,551 | 155,784 | 211.1 | 59% |
| 2020 | 540,105 | 353,429 | 186,676 | 245.0 | 62% |
| 2021 | 828,181 | 490,919 | 337,262 | 184.6 | 50% |
| 2022 | 636,587 | 628,914 | 7,673 | 144.2 | 34% |
| 2023 | 714,218 | 514,317 | 199,901 | 181.0 | 47% |
In its most recent public year (2023), this organization brought in $199,901 more than it spent. Its reserves stood at about 181 months of spending, up from 83.5 in 2011. Staff pay was 47% 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
Grand Island Area 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