Financial Information for Salem Economic Development Corporation

Salem Economic Development Corporation's annual revenue was $358K in tax year 2025, reported on their IRS Form 990. They spent $14K in total expenses. 25% went to programs and services.

Financial Breakdown

What is Salem Economic Development Corporation's total annual expenses?

Salem Economic Development Corporation spent $14K in tax year 2025, according to their IRS Form 990 filing.

How much of Salem Economic Development Corporation's budget goes to programs?

Salem Economic Development Corporation spent $4K (25% of expenses) on programs and services in tax year 2025.

How much does Salem Economic Development Corporation spend on overhead?

Salem Economic Development Corporation's overhead in tax year 2025 includes administrative (75%) and fundraising (0%) of their expenses.

What is Salem Economic Development Corporation's net worth?

Salem Economic Development Corporation had net assets of $1.2M as of the end of tax year 2025.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.