Corpus Christi Regional Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,483,387 | 1,313,347 | 170,040 | 4.0 | 56% |
| 2013 | 1,533,851 | 1,251,629 | 282,222 | 6.9 | 56% |
| 2014 | 1,515,383 | 1,672,796 | −157,413 | 4.1 | 42% |
| 2015 | 1,564,738 | 1,439,525 | 125,213 | 5.8 | 42% |
| 2016 | 1,613,028 | 1,610,986 | 2,042 | 5.2 | 51% |
| 2017 | 1,784,744 | 1,847,308 | −62,564 | 4.1 | 51% |
| 2018 | 1,747,949 | 1,741,205 | 6,744 | 2.3 | 52% |
| 2020 | 1,911,645 | 1,802,267 | 109,378 | 3.2 | 0% |
| 2021 | 1,809,699 | 1,813,771 | −4,072 | 2.4 | 55% |
| 2022 | 1,988,546 | 2,035,579 | −47,033 | 1.9 | 60% |
| 2023 | 1,859,108 | 1,505,910 | 353,198 | 5.3 | 15% |
In its most recent public year (2023), this organization brought in $353,198 more than it spent. Its reserves stood at about 5.3 months of spending, up from 4 in 2012. Staff pay was 15% 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
Corpus Christi Regional 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