Canadian-Hemphill County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 383,812 | 244,363 | 139,449 | 18.0 | 60% |
| 2012 | 560,683 | 284,152 | 276,531 | 27.2 | 59% |
| 2013 | 466,504 | 323,468 | 143,036 | 29.2 | 62% |
| 2014 | 378,987 | 293,014 | 85,973 | 35.7 | 63% |
| 2015 | 504,800 | 267,501 | 237,299 | 50.5 | 60% |
| 2016 | 272,712 | 278,201 | −5,489 | 48.3 | 48% |
| 2017 | 235,031 | 309,347 | −74,316 | 40.6 | 46% |
| 2018 | 227,906 | 472,077 | −244,171 | 19.8 | 36% |
| 2019 | 242,861 | 398,277 | −155,416 | 18.8 | 44% |
| 2020 | 247,046 | 337,013 | −89,967 | 19.1 | 46% |
| 2021 | 252,487 | 210,237 | 42,250 | 33.0 | 37% |
| 2022 | 241,602 | 177,558 | 64,044 | 43.3 | 44% |
| 2023 | 261,579 | 186,344 | 75,235 | 46.0 | 42% |
In its most recent public year (2023), this organization brought in $75,235 more than it spent. Its reserves stood at about 46 months of spending, up from 18 in 2011. Staff pay was 42% 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
Canadian-Hemphill 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