Northeast Ohio Area Chambers Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 433,153 | 288,829 | 144,324 | 18.9 | 20% |
| 2020 | 395,369 | 575,328 | −179,959 | 5.7 | 11% |
| 2021 | 548,897 | 610,691 | −61,794 | 4.2 | 10% |
| 2022 | 484,627 | 563,904 | −79,277 | 2.8 | 17% |
| 2023 | 573,842 | 605,971 | −32,129 | 2.0 | 16% |
In its most recent public year (2023), this organization spent $32,129 more than it brought in. Its reserves stood at about 2 months of spending, down from 18.9 in 2019. Staff pay was 16% 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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