Elk Rapids Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 101,325 | 86,718 | 14,607 | 2.5 | 42% |
| 2012 | 109,215 | 100,462 | 8,753 | 3.2 | 35% |
| 2013 | 144,757 | 122,048 | 22,709 | 4.8 | 39% |
| 2014 | 120,208 | 108,662 | 11,546 | 6.7 | 43% |
| 2015 | 152,060 | 138,373 | 13,687 | 6.5 | 14% |
| 2016 | 131,766 | 140,887 | −9,121 | 5.2 | 16% |
| 2017 | 154,357 | 140,801 | 13,556 | 6.3 | 21% |
| 2018 | 169,591 | 153,099 | 16,492 | 7.1 | 24% |
| 2019 | 190,052 | 187,469 | 2,583 | 6.0 | 29% |
| 2020 | 148,236 | 111,281 | 36,955 | 14.0 | 27% |
| 2021 | 242,796 | 243,367 | −571 | 6.4 | 23% |
| 2022 | 213,590 | 230,646 | −17,056 | 5.8 | 36% |
| 2023 | 223,836 | 218,045 | 5,791 | 6.5 | 53% |
In its most recent public year (2023), this organization brought in $5,791 more than it spent. Its reserves stood at about 6.5 months of spending, up from 2.5 in 2011. Staff pay was 53% 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
Elk Rapids 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