Lakes Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 104,112 | 116,474 | −12,362 | 5.0 | 36% |
| 2012 | 104,495 | 114,999 | −10,504 | 3.9 | 39% |
| 2013 | 95,490 | 102,121 | −6,631 | 3.7 | 41% |
| 2014 | 97,435 | 92,773 | 4,662 | 4.6 | 37% |
| 2015 | 94,131 | 92,681 | 1,450 | 4.8 | 40% |
| 2016 | 92,175 | 97,859 | −5,684 | 3.9 | 39% |
| 2017 | 113,929 | 108,808 | 5,121 | 4.0 | 39% |
| 2018 | 130,924 | 122,345 | 8,579 | 4.4 | 42% |
| 2019 | 143,807 | 137,585 | 6,222 | 4.5 | 42% |
| 2020 | 199,072 | 141,440 | 57,632 | 9.3 | 57% |
| 2021 | 122,733 | 145,371 | −22,638 | 7.1 | 58% |
| 2022 | 138,170 | 159,525 | −21,355 | 4.9 | 63% |
| 2023 | 149,806 | 177,177 | −27,371 | 2.6 | 65% |
In its most recent public year (2023), this organization spent $27,371 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 5 in 2011. Staff pay was 65% 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
Lakes 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