Bessemer Redevelopment Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 114,002 | 4,121 | 109,881 | 320.0 | — |
| 2021 | 396,736 | 98,941 | 297,795 | 46.7 | 0% |
| 2022 | 777,066 | 496,941 | 280,125 | 13.3 | 36% |
| 2023 | 604,864 | 303,158 | 301,706 | 33.7 | 36% |
In its most recent public year (2023), this organization brought in $301,706 more than it spent. Its reserves stood at about 33.7 months of spending, down from 320 in 2020. Staff pay was 36% 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
Bessemer Redevelopment 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