South Texas Economic Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 74,677 | 190,323 | −115,646 | 35.7 | 6% |
| 2012 | 75,352 | 199,159 | −123,807 | 26.7 | 13% |
| 2013 | 27,438 | 124,475 | −97,037 | 23.0 | 17% |
| 2014 | 185,708 | 190,603 | −4,895 | 23.4 | 22% |
| 2015 | 179,595 | 220,945 | −41,350 | 18.3 | 20% |
| 2016 | 321,139 | 231,474 | 89,665 | 22.2 | 22% |
| 2017 | 195,839 | 216,525 | −20,686 | 22.2 | 24% |
| 2018 | 1,210,887 | 207,125 | 1,003,762 | 81.2 | 23% |
| 2019 | 246,998 | 181,455 | 65,543 | 95.8 | 21% |
| 2020 | 262,339 | 236,567 | 25,772 | 85.2 | 18% |
| 2021 | 187,952 | 458,333 | −270,381 | 36.9 | 9% |
| 2022 | 253,553 | 196,490 | 57,063 | 89.3 | 19% |
In its most recent public year (2022), this organization brought in $57,063 more than it spent. Its reserves stood at about 89.3 months of spending, up from 35.7 in 2011. Staff pay was 19% 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 2022. 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
South Texas Economic Development Corporation Inc's IRS filings as a feed — one entry per filing year, through 2022. 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