Cumberland Regional Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,401,079 | 1,072,099 | 328,980 | 38.0 | 0% |
| 2013 | 696,927 | 820,474 | −123,547 | 48.1 | 0% |
| 2014 | 828,239 | 1,346,019 | −517,780 | 24.7 | 0% |
| 2015 | 1,796,402 | 856,312 | 940,090 | 52.0 | 0% |
| 2016 | 1,725,033 | 987,511 | 737,522 | 54.0 | 0% |
| 2017 | 937,322 | 1,106,977 | −169,655 | 46.4 | 0% |
| 2018 | 1,071,549 | 1,117,868 | −46,319 | 44.4 | 0% |
| 2019 | 1,606,433 | 1,624,948 | −18,515 | 30.4 | 0% |
| 2020 | 1,414,065 | 1,424,520 | −10,455 | 34.6 | 0% |
| 2021 | 1,264,273 | 1,272,094 | −7,821 | 38.7 | 0% |
| 2022 | 1,264,639 | 1,303,071 | −38,432 | 37.4 | 0% |
| 2023 | 1,177,501 | 1,438,302 | −260,801 | 31.7 | 0% |
In its most recent public year (2023), this organization spent $260,801 more than it brought in. Its reserves stood at about 31.7 months of spending, down from 38 in 2012. 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
Cumberland Regional 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