Michigan West Coast Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,007,768 | 883,356 | 124,412 | 15.0 | 54% |
| 2012 | 1,104,754 | 956,586 | 148,168 | 16.1 | 52% |
| 2013 | 1,304,732 | 1,165,746 | 138,986 | 15.8 | 52% |
| 2014 | 1,248,220 | 1,183,420 | 64,800 | 16.5 | 52% |
| 2015 | 1,287,860 | 1,239,518 | 48,342 | 16.0 | 50% |
| 2016 | 1,293,200 | 1,191,704 | 101,496 | 17.9 | 45% |
| 2017 | 1,645,492 | 1,163,342 | 482,150 | 23.6 | 44% |
| 2018 | 1,318,668 | 1,200,099 | 118,569 | 24.3 | 49% |
| 2019 | 1,342,377 | 1,304,647 | 37,730 | 22.7 | 47% |
| 2020 | 1,316,762 | 1,212,210 | 104,552 | 25.9 | 48% |
| 2021 | 1,331,470 | 984,180 | 347,290 | 38.6 | 54% |
| 2022 | 1,304,618 | 1,244,002 | 60,616 | 29.1 | 55% |
| 2023 | 1,459,457 | 1,316,947 | 142,510 | 29.5 | 48% |
In its most recent public year (2023), this organization brought in $142,510 more than it spent. Its reserves stood at about 29.5 months of spending, up from 15 in 2011. Staff pay was 48% 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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