Economic Development Corp Of Utah
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,324,502 | 2,721,788 | −397,286 | 3.6 | 39% |
| 2012 | 3,002,137 | 2,718,350 | 283,787 | 3.0 | 37% |
| 2013 | 2,915,113 | 2,563,151 | 351,962 | 4.9 | 40% |
| 2014 | 2,598,374 | 2,677,959 | −79,585 | 4.3 | 41% |
| 2015 | 3,308,150 | 2,879,783 | 428,367 | 5.8 | 48% |
| 2016 | 2,901,816 | 2,875,837 | 25,979 | 5.1 | 48% |
| 2017 | 2,642,625 | 2,774,757 | −132,132 | 4.7 | 52% |
| 2018 | 2,565,614 | 2,484,910 | 80,704 | 5.7 | 52% |
| 2019 | 2,738,820 | 2,738,362 | 458 | 5.1 | 48% |
| 2020 | 2,946,429 | 2,897,072 | 49,357 | 12.7 | 55% |
| 2021 | 2,940,488 | 2,791,902 | 148,586 | 13.8 | 53% |
| 2022 | 3,120,960 | 2,860,324 | 260,636 | 14.6 | 58% |
| 2023 | 2,950,947 | 2,898,073 | 52,874 | 14.6 | 52% |
In its most recent public year (2023), this organization brought in $52,874 more than it spent. Its reserves stood at about 14.6 months of spending, up from 3.6 in 2011. Staff pay was 52% of spending. $1,481,974 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 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
Economic Development Corp Of Utah'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