Iredell County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 295,148 | 300,148 | −5,000 | 4.1 | 73% |
| 2013 | 313,107 | 307,582 | 5,525 | 4.2 | 67% |
| 2014 | 320,450 | 322,585 | −2,135 | 3.9 | 66% |
| 2015 | 341,255 | 337,866 | 3,389 | 3.9 | 65% |
| 2016 | 349,426 | 365,320 | −15,894 | 3.1 | 67% |
| 2017 | 261,209 | 289,998 | −28,789 | 2.7 | 37% |
| 2018 | 266,850 | 233,641 | 33,209 | 5.0 | 21% |
| 2019 | 610,690 | 449,644 | 161,046 | 10.3 | 33% |
| 2020 | 749,716 | 805,980 | −56,264 | 5.0 | 46% |
| 2021 | 806,587 | 748,146 | 58,441 | 6.3 | 57% |
| 2022 | 959,388 | 797,572 | 161,816 | 8.3 | 55% |
| 2023 | 991,880 | 899,938 | 91,942 | 8.7 | 52% |
In its most recent public year (2023), this organization brought in $91,942 more than it spent. Its reserves stood at about 8.7 months of spending, up from 4.1 in 2012. Staff pay was 52% 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
Iredell County 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