Southwest Tennessee Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 896,860 | 109,040 | 787,820 | 147.4 | 0% |
| 2013 | 108,088 | 248,596 | −140,508 | 57.9 | 28% |
| 2014 | 471,127 | 269,864 | 201,263 | 62.3 | 23% |
| 2015 | 1,176,619 | 393,898 | 782,721 | 66.5 | 20% |
| 2016 | 609,358 | 404,575 | 204,783 | 70.0 | 27% |
| 2017 | 555,116 | 343,888 | 211,228 | 89.8 | 33% |
| 2018 | 464,562 | 409,409 | 55,153 | 77.0 | 27% |
| 2019 | 31,719 | 411,698 | −379,979 | 65.5 | 30% |
| 2020 | 849,759 | 416,660 | 433,099 | 77.2 | 27% |
| 2021 | 410,415 | 447,989 | −37,574 | 70.8 | 28% |
| 2022 | 395,289 | 472,765 | −77,476 | 65.1 | 36% |
| 2023 | 328,596 | 327,722 | 874 | 84.7 | 25% |
In its most recent public year (2023), this organization brought in $874 more than it spent. Its reserves stood at about 84.7 months of spending, down from 147.4 in 2012. Staff pay was 25% of spending. $74,245 of its net assets are donor-restricted.
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
Southwest Tennessee Community 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