Downers Grove Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 430,438 | 412,544 | 17,894 | 6.5 | 54% |
| 2012 | 455,370 | 418,100 | 37,270 | 7.5 | 57% |
| 2013 | 486,543 | 434,287 | 52,256 | 8.7 | 55% |
| 2014 | 457,756 | 501,394 | −43,638 | 6.5 | 56% |
| 2015 | 556,458 | 591,832 | −35,374 | 4.8 | 54% |
| 2016 | 540,223 | 548,768 | −8,545 | 5.0 | 56% |
| 2017 | 535,369 | 560,844 | −25,475 | 4.3 | 51% |
| 2018 | 529,212 | 579,121 | −49,909 | 3.1 | 51% |
| 2019 | 559,944 | 574,869 | −14,925 | 2.8 | 25% |
| 2020 | 595,862 | 487,356 | 108,506 | 6.0 | 57% |
| 2021 | 564,179 | 543,598 | 20,581 | 5.9 | 62% |
| 2022 | 477,738 | 475,973 | 1,765 | 6.7 | 41% |
| 2023 | 678,276 | 623,806 | 54,470 | 6.2 | 51% |
In its most recent public year (2023), this organization brought in $54,470 more than it spent. Its reserves stood at about 6.2 months of spending. Staff pay was 51% 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
Downers Grove 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