Chamber Of Commerce Of Hornell N Y Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 204,484 | 221,568 | −17,084 | 2.4 | 42% |
| 2012 | 151,309 | 154,110 | −2,801 | 3.2 | — |
| 2013 | 158,008 | 161,801 | −3,793 | 2.8 | — |
| 2014 | 170,074 | 172,022 | −1,948 | 2.5 | — |
| 2015 | 162,663 | 142,138 | 20,525 | 4.7 | — |
| 2016 | 158,419 | 149,463 | 8,956 | 5.2 | — |
| 2017 | 144,602 | 140,344 | 4,258 | 6.5 | — |
| 2018 | 151,820 | 132,621 | 19,199 | 8.6 | — |
| 2019 | 164,743 | 161,664 | 3,079 | 7.3 | — |
| 2020 | 159,173 | 153,832 | 5,341 | 8.1 | — |
| 2021 | 148,303 | 83,108 | 65,195 | 24.4 | — |
| 2022 | 119,859 | 100,578 | 19,281 | 22.4 | — |
| 2023 | 381,107 | 92,823 | 288,284 | 61.6 | 50% |
In its most recent public year (2023), this organization brought in $288,284 more than it spent. Its reserves stood at about 61.6 months of spending, up from 2.4 in 2011. Staff pay was 50% 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
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