Lake Placid Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,065,508 | 2,027,727 | 37,781 | 1.6 | 31% |
| 2012 | 2,072,937 | 1,978,096 | 94,841 | 2.2 | 34% |
| 2013 | 2,247,620 | 2,108,807 | 138,813 | 2.9 | 36% |
| 2014 | 2,654,591 | 2,581,249 | 73,342 | 2.8 | 37% |
| 2015 | 2,970,692 | 3,011,617 | −40,925 | 2.2 | 37% |
| 2016 | 3,763,849 | 3,680,741 | 83,108 | 2.1 | 33% |
| 2017 | 4,847,584 | 4,800,281 | 47,303 | 1.7 | 29% |
| 2018 | 4,825,037 | 4,791,318 | 33,719 | 1.8 | 31% |
| 2019 | 4,921,794 | 5,021,611 | −99,817 | 1.5 | 32% |
| 2020 | 4,558,213 | 3,715,066 | 843,147 | 4.7 | 30% |
| 2021 | 6,938,582 | 5,806,075 | 1,132,507 | 5.4 | 24% |
| 2022 | 7,661,865 | 7,112,067 | 549,798 | 5.3 | 23% |
| 2023 | 5,236,462 | 5,826,820 | −590,358 | 5.3 | 33% |
In its most recent public year (2023), this organization spent $590,358 more than it brought in. Its reserves stood at about 5.3 months of spending, up from 1.6 in 2011. Staff pay was 33% 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
Lake Placid Chamber Of Commerce Inc'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