Hamden Economic Developmente Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 235,287 | 230,467 | 4,820 | 0.8 | 0% |
| 2012 | 3,072,657 | 1,654,766 | 1,417,891 | 10.4 | 0% |
| 2013 | 2,422,571 | 2,019,245 | 403,326 | 10.9 | 0% |
| 2014 | 275,967 | 630,227 | −354,260 | 28.2 | 0% |
| 2015 | 7,868,001 | 7,728,497 | 139,504 | 1.4 | 0% |
| 2016 | 4,746,257 | 5,083,617 | −337,360 | 0.5 | 0% |
| 2017 | 1,977,246 | 324,985 | 1,652,261 | 69.6 | 0% |
| 2018 | 882,746 | 485,160 | 397,586 | 56.4 | 0% |
| 2019 | 4,523,808 | 446,921 | 4,076,887 | 170.7 | 0% |
| 2020 | 2,012,176 | 475,604 | 1,536,572 | 199.2 | 0% |
| 2021 | 167,824 | 7,078,777 | −6,910,953 | 1.7 | 0% |
| 2022 | 1,657,660 | 1,766,367 | −108,707 | 5.9 | 0% |
| 2023 | 2,458,138 | 3,018,646 | −560,508 | 1.3 | 0% |
In its most recent public year (2023), this organization spent $560,508 more than it brought in. Its reserves stood at about 1.3 months of spending. 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
Hamden Economic Developmente 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