Northeast Tennessee Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 68,706 | 46,722 | 21,984 | 282.9 | 0% |
| 2012 | 62,432 | 57,405 | 5,027 | 231.3 | 0% |
| 2013 | 62,785 | 62,785 | 0 | 211.5 | 0% |
| 2014 | 63,666 | 47,703 | 15,963 | 282.4 | 0% |
| 2015 | 75,428 | 54,249 | 21,179 | 253.0 | 0% |
| 2016 | 70,285 | 49,702 | 20,583 | 281.1 | 0% |
| 2017 | 67,120 | 46,674 | 20,446 | 304.6 | 0% |
| 2018 | 66,064 | 56,378 | 9,686 | 254.3 | 0% |
| 2019 | 77,939 | 59,420 | 18,519 | 245.0 | 0% |
| 2020 | 72,604 | 53,535 | 19,069 | 276.2 | 0% |
| 2021 | 318,863 | 34,484 | 284,379 | 528.2 | 0% |
| 2022 | 819,801 | 47,343 | 772,458 | 599.1 | 0% |
| 2023 | 110,233 | 96,579 | 13,654 | 289.1 | 0% |
| 2024 | 131,618 | 87,594 | 44,024 | 324.8 | 0% |
In its most recent public year (2024), this organization brought in $44,024 more than it spent. Its reserves stood at about 324.8 months of spending, up from 282.9 in 2011. Staff pay was 0% of spending. $2,371,008 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 2024. 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
Northeast Tennessee Economic Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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