Rockingham Economic Development Corp
Income Statement
Fiscal Year Start:
Apr 1
Revenues in 2025
$1,841,714
Government Grants
47%
Program Services
40%
Investments
7%
Contributions
4%
Other
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$1,864,875
Salaries & Benefits
63%
Other
18%
Offices, Occupancy & IT
6%
Grants
5%
Interest
3%
Fees to Service Providers
3%
Depreciation
2%
Advertising & Promotion
1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$5,675
$80,627
+1321%
Government Grants
$1,230,792
$865,776
-30%
Fundraising Events
$0
$0
-
Program Services
$743,929
$735,734
-1%
Membership Dues
$0
$0
-
Investments
$37,081
$130,768
+253%
Other
$20,715
$28,809
+39%
Total Revenues
$2,038,192
$1,841,714
-10%
Expenses
2024
2025
Change
Grants
$87,214
$86,485
-1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,198,657
$1,179,704
-2%
Fees to Service Providers
$40,744
$48,811
+20%
Advertising & Promotion
$9,040
$22,932
+154%
Offices, Occupancy & IT
$88,162
$103,014
+17%
Interest
$68,655
$50,256
-27%
Depreciation
$36,268
$35,194
-3%
Other
$187,797
$338,479
+80%
Total Expenses
$1,716,537
$1,864,875
+9%
Net income
2024
2025
Change
Net income
+$321,655
-$23,161
-107%
Functional Expenses
Summary
2024
2025
Change
Program
$1,312,359
$1,433,027
+9%
Admin
$318,747
$339,950
+7%
Fundraising
$85,431
$91,898
+8%
Total Expenses
$1,716,537
$1,864,875
+9%
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