Elgin Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 763,080 | 728,355 | 34,725 | 5.7 | 65% |
| 2012 | 626,431 | 621,019 | 5,412 | 6.8 | 63% |
| 2013 | 627,406 | 558,559 | 68,847 | 9.1 | 61% |
| 2014 | 605,042 | 511,367 | 93,675 | 12.1 | 65% |
| 2015 | 593,974 | 579,398 | 14,576 | 11.0 | 64% |
| 2016 | 603,326 | 601,269 | 2,057 | 10.6 | 66% |
| 2017 | 596,885 | 644,610 | −47,725 | 9.0 | 65% |
| 2018 | 620,962 | 617,406 | 3,556 | 9.5 | 64% |
| 2019 | 628,177 | 589,369 | 38,808 | 10.7 | 65% |
| 2020 | 613,793 | 522,723 | 91,070 | 14.2 | 73% |
| 2021 | 627,074 | 509,174 | 117,900 | 17.4 | 71% |
| 2022 | 666,068 | 617,161 | 48,907 | 15.3 | 67% |
| 2023 | 790,393 | 725,581 | 64,812 | 14.1 | 66% |
In its most recent public year (2023), this organization brought in $64,812 more than it spent. Its reserves stood at about 14.1 months of spending, up from 5.7 in 2011. Staff pay was 66% 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
Elgin Area Chamber Of Commerce's IRS filings as a feed — one entry per filing year, through 2023. 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