QUEENS ECONOMIC DEVELOPMENT CORPORATION

QUEENS ECONOMIC DEVELOPMENT CORPORATION

KEW GARDENS, NY, US
501(c)(3)
EIN
11-2436149

QUEENS ECONOMIC DEVELOPMENT CORPORATION

KEW GARDENS, NY, US
501(c)(3)
EIN
11-2436149

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$3,442,044

Government Grants
58%
Contributions
29%
Program Services
13%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$3,419,793

Salaries & Benefits
47%
Other
31%
Fees to Service Providers
11%
Offices, Occupancy & IT
8%
Advertising & Promotion
2%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$770,848
$1,009,291
+31%
Government Grants
$1,774,606
$1,989,133
+12%
Fundraising Events
$0
$0
-
Program Services
$444,153
$439,523
-1%
Membership Dues
$0
$0
-
Investments
$54
$3,618
+6600%
Other
$0
$479
-
Total Revenues
$2,989,661
$3,442,044
+15%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$306,182
$1,608,250
+425%
Fees to Service Providers
$74,000
$379,145
+412%
Advertising & Promotion
$0
$83,687
-
Offices, Occupancy & IT
$252,666
$269,040
+6%
Interest
$0
$0
-
Depreciation
$27,426
$29,212
+7%
Other
$2,315,632
$1,050,459
-55%
Total Expenses
$2,975,906
$3,419,793
+15%
Net income
2023
2024
Change
Net income
+$13,755
+$22,251
+62%
Functional Expenses
Summary
2023
2024
Change
Program
$2,577,659
$2,947,979
+14%
Admin
$283,506
$349,092
+23%
Fundraising
$114,741
$122,722
+7%
Total Expenses
$2,975,906
$3,419,793
+15%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)