Moosehead Lake Region Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 168,743 | 165,271 | 3,472 | 0.3 | — |
| 2015 | 288,475 | 25,504 | 262,971 | 125.4 | 0% |
| 2016 | 235,999 | 207,888 | 28,111 | 17.0 | 0% |
| 2017 | 209,361 | 159,464 | 49,897 | 25.9 | 0% |
| 2018 | 177,382 | 188,830 | −11,448 | 21.2 | 0% |
| 2019 | 265,824 | 186,107 | 79,717 | 34.9 | 0% |
| 2020 | 1,105,676 | 95,651 | 1,010,025 | 194.5 | 0% |
| 2021 | 276,314 | 125,754 | 150,560 | 173.2 | 0% |
| 2022 | 116,717 | 112,164 | 4,553 | 176.1 | 0% |
| 2023 | 189,193 | 87,009 | 102,184 | 238.9 | 0% |
In its most recent public year (2023), this organization brought in $102,184 more than it spent. Its reserves stood at about 238.9 months of spending, up from 0.3 in 2014. 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
Moosehead Lake Region Economic Development Corp'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