Henderson County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 0 | 0 | 0 | — | — |
| 2020 | 252,059 | 155,652 | 96,407 | 28.9 | 58% |
| 2021 | 407,777 | 663,987 | −256,210 | 2.4 | 27% |
| 2022 | 539,320 | 434,560 | 104,760 | 6.6 | 45% |
| 2023 | 446,098 | 394,480 | 51,618 | 8.9 | 54% |
In its most recent public year (2023), this organization brought in $51,618 more than it spent. Its reserves stood at about 8.9 months of spending. Staff pay was 54% 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
Henderson 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