Arcata Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,154,645 | 817,422 | 337,223 | 9.6 | 44% |
| 2012 | 1,164,084 | 873,528 | 290,556 | 13.0 | 43% |
| 2013 | 1,022,493 | 815,655 | 206,838 | 16.9 | 46% |
| 2014 | 2,054,470 | 1,176,456 | 878,014 | 20.7 | 32% |
| 2015 | 668,687 | 598,495 | 70,192 | 42.1 | 65% |
| 2016 | 755,094 | 701,132 | 53,962 | 36.8 | 55% |
| 2017 | 715,508 | 691,911 | 23,597 | 37.7 | 56% |
| 2018 | 680,094 | 729,596 | −49,502 | 35.0 | 55% |
| 2019 | 795,389 | 882,269 | −86,880 | 27.7 | 48% |
| 2020 | 1,162,534 | 692,566 | 469,968 | 43.5 | 59% |
| 2021 | 1,194,814 | 792,187 | 402,627 | 44.1 | 51% |
| 2022 | 2,196,456 | 842,949 | 1,353,507 | 60.7 | 49% |
| 2023 | 3,441,770 | 2,201,639 | 1,240,131 | 30.0 | 30% |
| 2024 | 5,324,974 | 4,520,789 | 804,185 | 16.7 | 14% |
In its most recent public year (2024), this organization brought in $804,185 more than it spent. Its reserves stood at about 16.7 months of spending, up from 9.6 in 2011. Staff pay was 14% of spending. $562,553 of its net assets are donor-restricted.
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 2024. 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
Arcata Economic Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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