Shelton Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 373,043 | 386,051 | −13,008 | 8.3 | 50% |
| 2012 | 361,512 | 384,613 | −23,101 | 6.9 | 51% |
| 2013 | 356,081 | 370,805 | −14,724 | 6.5 | 54% |
| 2014 | 383,082 | 401,776 | −18,694 | 6.1 | 51% |
| 2015 | 537,583 | 530,181 | 7,402 | 4.8 | 41% |
| 2016 | 478,372 | 499,913 | −21,541 | 5.5 | 53% |
| 2017 | 421,613 | 414,737 | 6,876 | 6.9 | 50% |
| 2018 | 382,047 | 405,983 | −23,936 | 6.3 | 51% |
| 2019 | 335,900 | 426,469 | −90,569 | 3.4 | 49% |
| 2020 | 421,968 | 409,704 | 12,264 | 3.9 | 50% |
| 2021 | 559,919 | 590,709 | −30,790 | 2.1 | 35% |
| 2022 | 513,356 | 534,227 | −20,871 | 1.9 | 39% |
| 2023 | 409,603 | 414,427 | −4,824 | 2.3 | 52% |
In its most recent public year (2023), this organization spent $4,824 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 8.3 in 2011. Staff pay was 52% of spending. $6,625 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
Shelton 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