Mmrc Regional Industrial Development Authority Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 217,050 | 254,928 | −37,878 | 211.8 | 0% |
| 2012 | 8,867 | 95,154 | −86,287 | 600.2 | 0% |
| 2013 | 22,156 | 32,629 | −10,473 | 1746.6 | 0% |
| 2014 | 17,331 | 351,021 | −333,690 | 141.9 | 0% |
| 2015 | 188,991 | 626,072 | −437,081 | 73.9 | 0% |
| 2016 | 160,997 | 480,258 | −319,261 | 91.9 | 0% |
| 2017 | 211,366 | 508,310 | −296,944 | 82.7 | 0% |
| 2018 | 843,460 | 1,493,038 | −649,578 | 23.7 | 0% |
| 2019 | 40,401 | 5,228,810 | −5,188,409 | -5.1 | 0% |
| 2020 | 501,659 | 459,682 | 41,977 | 72.5 | 0% |
| 2021 | 880,552 | 556,134 | 324,418 | 78.4 | 0% |
| 2022 | 476,349 | 499,217 | −22,868 | 85.5 | 0% |
In its most recent public year (2022), this organization spent $22,868 more than it brought in. Its reserves stood at about 85.5 months of spending, down from 211.8 in 2011. Staff pay was 0% of spending. $70,800 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 2022. 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
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