Tri-City Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,245,697 | 9,747,282 | 498,415 | 8.0 | 44% |
| 2012 | 9,012,354 | 10,315,109 | −1,302,755 | 6.1 | 44% |
| 2013 | 8,895,120 | 9,049,109 | −153,989 | 6.7 | 36% |
| 2014 | 8,568,418 | 9,303,219 | −734,801 | 5.6 | 5% |
| 2015 | 8,993,191 | 9,128,131 | −134,940 | 5.5 | 52% |
| 2016 | 9,673,724 | 9,876,396 | −202,672 | 4.9 | 51% |
| 2017 | 10,226,796 | 11,001,188 | −774,392 | 3.5 | 51% |
| 2018 | 10,220,428 | 11,042,138 | −821,710 | 2.6 | 39% |
| 2019 | 11,037,853 | 11,951,734 | −913,881 | 1.5 | 36% |
| 2020 | 15,009,947 | 13,667,439 | 1,342,508 | 2.5 | 33% |
| 2021 | 14,270,902 | 13,417,216 | 853,686 | 3.3 | 39% |
| 2022 | 13,718,847 | 14,325,188 | −606,341 | 2.6 | 40% |
| 2023 | 17,082,804 | 15,199,072 | 1,883,732 | 3.9 | 40% |
In its most recent public year (2023), this organization brought in $1,883,732 more than it spent. Its reserves stood at about 3.9 months of spending, down from 8 in 2011. Staff pay was 40% of spending. $89,134 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 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
Tri-City 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