The Chicago Association Of Realtors Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,042,306 | 7,386,523 | −344,217 | 7.9 | 45% |
| 2022 | 8,149,337 | 9,063,863 | −914,526 | 4.8 | 43% |
| 2023 | 8,436,812 | 9,417,776 | −980,964 | 3.6 | 46% |
In its most recent public year (2023), this organization spent $980,964 more than it brought in. Its reserves stood at about 3.6 months of spending, down from 7.9 in 2020. Staff pay was 46% 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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