Cohoes Local Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 148,527 | 110,820 | 37,707 | 75.8 | 8% |
| 2012 | 84,513 | 117,179 | −32,666 | 68.4 | 6% |
| 2013 | 84,507 | 139,821 | −55,314 | 52.6 | 6% |
| 2014 | 37,539 | 61,146 | −23,607 | 115.6 | 1% |
| 2015 | 276,877 | 114,517 | 162,360 | 78.7 | 8% |
| 2016 | 196,693 | 191,287 | 5,406 | 47.5 | 16% |
| 2017 | 201,491 | 308,415 | −106,924 | 25.3 | 12% |
| 2018 | 348,648 | 242,722 | 105,926 | 36.3 | 0% |
| 2019 | 38,590 | 207,968 | −169,378 | 32.6 | 3% |
| 2020 | 162,568 | 156,769 | 5,799 | 43.7 | 5% |
| 2021 | 40,875 | 117,944 | −77,069 | 50.0 | 0% |
| 2022 | 47,777 | 111,286 | −63,509 | 46.2 | 0% |
| 2023 | 38,059 | 87,049 | −48,990 | 52.3 | 0% |
In its most recent public year (2023), this organization spent $48,990 more than it brought in. Its reserves stood at about 52.3 months of spending, down from 75.8 in 2011. Staff pay was 0% 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
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