Detroit Regional Chamber
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,991,202 | 5,436,222 | −445,020 | 13.8 | 43% |
| 2012 | 5,169,634 | 4,041,643 | 1,127,991 | 21.9 | 26% |
| 2013 | 6,292,784 | 4,285,400 | 2,007,384 | 26.2 | 32% |
| 2014 | 7,454,228 | 5,812,525 | 1,641,703 | 22.7 | 35% |
| 2015 | 6,374,052 | 7,394,377 | −1,020,325 | 16.2 | 30% |
| 2016 | 6,928,808 | 6,478,481 | 450,327 | 18.3 | 37% |
| 2017 | 7,195,637 | 6,377,502 | 818,135 | 21.1 | 43% |
| 2018 | 6,498,644 | 5,973,087 | 525,557 | 24.7 | 47% |
| 2019 | 7,566,057 | 7,135,533 | 430,524 | 21.7 | 40% |
| 2020 | 3,052,371 | 5,400,232 | −2,347,861 | 23.4 | 52% |
| 2021 | 3,979,312 | 4,785,378 | −806,066 | 29.7 | 70% |
| 2022 | 11,203,489 | 9,357,168 | 1,846,321 | 15.4 | 49% |
| 2023 | 9,213,511 | 8,247,164 | 966,347 | 19.8 | 51% |
| 2024 | 10,912,696 | 8,780,394 | 2,132,302 | 23.0 | 50% |
In its most recent public year (2024), this organization brought in $2,132,302 more than it spent. Its reserves stood at about 23 months of spending, up from 13.8 in 2011. Staff pay was 50% of spending. $32,751 of its net assets are donor-restricted.
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 2024. 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
Detroit Regional Chamber's IRS filings as a feed — one entry per filing year, through 2024. 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