Macomb Area Chamber Of Commerce And Downtown Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 155,619 | 150,220 | 5,399 | 19.9 | — |
| 2012 | 149,073 | 149,901 | −828 | 19.8 | — |
| 2013 | 146,006 | 145,520 | 486 | 20.5 | — |
| 2014 | 132,731 | 146,352 | −13,621 | 19.2 | — |
| 2015 | 126,406 | 136,168 | −9,762 | 19.8 | — |
| 2016 | 175,581 | 125,797 | 49,784 | 26.2 | — |
| 2017 | 110,100 | 123,413 | −13,313 | 25.4 | — |
| 2018 | 118,638 | 129,776 | −11,138 | 23.1 | — |
| 2019 | 129,358 | 123,047 | 6,311 | 25.0 | — |
| 2020 | 105,701 | 105,413 | 288 | 29.2 | — |
| 2021 | 131,980 | 124,615 | 7,365 | 25.4 | — |
| 2022 | 123,918 | 147,958 | −24,040 | 19.5 | — |
| 2023 | 144,471 | 119,960 | 24,511 | 26.5 | — |
In its most recent public year (2023), this organization brought in $24,511 more than it spent. Its reserves stood at about 26.5 months of spending, up from 19.9 in 2011.
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
Macomb Area Chamber Of Commerce And Downtown Development Corporation'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