Naiop Commercial Real Estate Development Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 878,945 | 351,129 | 527,816 | 35.3 | 0% |
| 2021 | 468,538 | 699,547 | −231,009 | 13.8 | 0% |
| 2022 | 972,755 | 991,323 | −18,568 | 9.5 | 0% |
| 2023 | 1,122,943 | 1,190,284 | −67,341 | 7.2 | 0% |
In its most recent public year (2023), this organization spent $67,341 more than it brought in. Its reserves stood at about 7.2 months of spending, down from 35.3 in 2020. Staff pay was 0% 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
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