Hempstead County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 368,960 | 168,785 | 200,175 | 37.7 | 51% |
| 2012 | 204,278 | 150,722 | 53,556 | 46.4 | 64% |
| 2013 | 184,201 | 154,063 | 30,138 | 50.0 | 63% |
| 2014 | 181,787 | 172,772 | 9,015 | 45.2 | 56% |
| 2015 | 189,544 | 192,078 | −2,534 | 40.5 | 43% |
| 2016 | 175,593 | 204,819 | −29,226 | 36.2 | 44% |
| 2017 | 180,713 | 170,010 | 10,703 | 44.4 | 57% |
| 2018 | 201,193 | 167,150 | 34,043 | 47.6 | 58% |
| 2019 | 190,049 | 177,343 | 12,706 | 45.8 | 56% |
| 2020 | 189,483 | 172,890 | 16,593 | 48.1 | 61% |
| 2021 | 193,021 | 199,972 | −6,951 | 41.2 | 63% |
| 2022 | 189,552 | 246,029 | −56,477 | 30.7 | 49% |
| 2023 | 214,645 | 169,031 | 45,614 | 47.9 | 54% |
In its most recent public year (2023), this organization brought in $45,614 more than it spent. Its reserves stood at about 47.9 months of spending, up from 37.7 in 2011. Staff pay was 54% 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
Hempstead County 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