Madisonville-Hopkins County Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 658,593 | 331,922 | 326,671 | 117.5 | 60% |
| 2012 | 404,297 | 397,695 | 6,602 | 98.3 | 49% |
| 2013 | 313,431 | 326,502 | −13,071 | 119.2 | 54% |
| 2014 | 245,014 | 340,342 | −95,328 | 111.0 | 58% |
| 2015 | 358,352 | 427,915 | −69,563 | 86.3 | 58% |
| 2016 | 733,243 | 460,075 | 273,168 | 87.4 | 50% |
| 2017 | 271,863 | 462,755 | −190,892 | 82.0 | 47% |
| 2018 | 511,028 | 502,709 | 8,319 | 75.7 | 51% |
| 2019 | 561,971 | 575,149 | −13,178 | 65.9 | 47% |
| 2020 | 1,177,234 | 924,295 | 252,939 | 44.3 | 31% |
| 2021 | 841,217 | 721,939 | 119,278 | 59.4 | 46% |
| 2022 | 590,768 | 716,564 | −125,796 | 57.8 | 40% |
| 2023 | 566,749 | 521,324 | 45,425 | 80.3 | 32% |
| 2024 | 641,745 | 547,767 | 93,978 | 78.5 | 26% |
In its most recent public year (2024), this organization brought in $93,978 more than it spent. Its reserves stood at about 78.5 months of spending, down from 117.5 in 2011. Staff pay was 26% 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 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
Madisonville-Hopkins County 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