Greater Lowell Chamber Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 148,846 | 82,472 | 66,374 | 12.6 | — |
| 2012 | 199,480 | 153,572 | 45,908 | 10.4 | 0% |
| 2013 | 103,183 | 97,644 | 5,539 | 17.0 | — |
| 2014 | 160,039 | 136,551 | 23,488 | 14.2 | — |
| 2015 | 127,648 | 126,690 | 958 | 15.4 | — |
| 2016 | 150,352 | 123,460 | 26,892 | 18.4 | — |
| 2017 | 147,752 | 163,426 | −15,674 | 12.8 | — |
| 2018 | 249,735 | 215,719 | 34,016 | 11.6 | 0% |
| 2019 | 161,134 | 144,872 | 16,262 | 18.6 | — |
| 2020 | 55,473 | 81,275 | −25,802 | 29.3 | — |
| 2021 | 321,902 | 168,126 | 153,776 | 25.1 | 0% |
| 2022 | 213,737 | 315,565 | −101,828 | 8.5 | 0% |
In its most recent public year (2022), this organization spent $101,828 more than it brought in. Its reserves stood at about 8.5 months of spending, down from 12.6 in 2011. Staff pay was 0% of spending. $223,316 of its net assets are donor-restricted.
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 2022. 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
Greater Lowell Chamber Foundation's IRS filings as a feed — one entry per filing year, through 2022. 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