Salem Country Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 527,127 | 563,131 | −36,004 | 7.9 | 44% |
| 2012 | 545,204 | 588,629 | −43,425 | 6.7 | 43% |
| 2013 | 485,068 | 513,273 | −28,205 | 7.0 | 45% |
| 2014 | 476,788 | 577,237 | −100,449 | 5.1 | 39% |
| 2015 | 510,804 | 476,479 | 34,325 | 7.1 | 48% |
| 2016 | 482,840 | 459,003 | 23,837 | 7.9 | 49% |
| 2017 | 449,519 | 498,650 | −49,131 | 6.1 | 49% |
| 2018 | 433,994 | 431,509 | 2,485 | 7.2 | 51% |
| 2019 | 422,009 | 432,790 | −10,781 | 6.8 | 49% |
| 2020 | 470,326 | 446,275 | 24,051 | 7.3 | 46% |
| 2021 | 522,824 | 479,794 | 43,030 | 7.8 | 43% |
| 2022 | 513,105 | 507,518 | 5,587 | 7.5 | 32% |
| 2023 | 577,629 | 609,907 | −32,278 | 5.6 | 44% |
In its most recent public year (2023), this organization spent $32,278 more than it brought in. Its reserves stood at about 5.6 months of spending, down from 7.9 in 2011. Staff pay was 44% 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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