Operating record

Cape May County Chamber Of Commerce

Cape May Ch, NJ · EIN 21-0698652 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2021$802,009$505,651$296,35812.150%
2022$692,910$739,103−$46,1937.530%
2023$680,549$711,369−$30,8207.339%

In its most recent public year (2023), this organization spent $30,820 more than it brought in. Its reserves stood at about 7.3 months of spending, down from 12.1 in 2021. Staff pay was 39% 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 ↗