Redmond Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 78,400 | 101,365 | −22,965 | 14.5 | — |
| 2013 | 155,278 | 128,145 | 27,133 | 13.5 | — |
| 2014 | 161,020 | 142,606 | 18,414 | 13.0 | — |
| 2015 | 174,555 | 158,534 | 16,021 | 12.4 | — |
| 2016 | 177,247 | 172,405 | 4,842 | 11.6 | — |
| 2017 | 186,585 | 179,612 | 6,973 | 11.7 | — |
| 2018 | 177,811 | 203,406 | −25,595 | 8.7 | — |
| 2019 | 220,540 | 207,060 | 13,480 | 9.5 | 57% |
| 2020 | 216,364 | 212,172 | 4,192 | 9.4 | 63% |
| 2021 | 254,121 | 193,955 | 60,166 | 14.3 | 78% |
| 2022 | 298,380 | 200,297 | 98,083 | 19.0 | 76% |
| 2023 | 278,610 | 290,140 | −11,530 | 12.5 | 84% |
In its most recent public year (2023), this organization spent $11,530 more than it brought in. Its reserves stood at about 12.5 months of spending, down from 14.5 in 2012. Staff pay was 84% 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
Redmond 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