Hudson County Chamber Of Commerce & Industry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 443,782 | 318,106 | 125,676 | 8.8 | 63% |
| 2012 | 314,412 | 414,070 | −99,658 | 3.9 | 59% |
| 2013 | 436,896 | 398,888 | 38,008 | 5.1 | 55% |
| 2014 | 370,179 | 407,062 | −36,883 | 4.0 | 55% |
| 2015 | 447,726 | 438,300 | 9,426 | 2.9 | 52% |
| 2016 | 467,329 | 456,447 | 10,882 | 2.7 | 49% |
| 2017 | 581,293 | 469,500 | 111,793 | 5.5 | 49% |
| 2018 | 490,907 | 506,196 | −15,289 | 4.7 | 47% |
| 2019 | 515,763 | 560,784 | −45,021 | 3.3 | 44% |
| 2020 | 523,813 | 444,694 | 79,119 | 6.3 | 52% |
| 2021 | 590,050 | 520,922 | 69,128 | 6.9 | 49% |
| 2022 | 542,757 | 736,644 | −193,887 | 1.6 | 34% |
| 2023 | 461,925 | 411,253 | 50,672 | 4.3 | 58% |
In its most recent public year (2023), this organization brought in $50,672 more than it spent. Its reserves stood at about 4.3 months of spending, down from 8.8 in 2011. Staff pay was 58% 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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