Chamber Of Commerce Of Novi Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 142,078 | 193,754 | −51,676 | 0.9 | 0% |
| 2012 | 217,714 | 170,789 | 46,925 | 4.3 | 0% |
| 2013 | 177,291 | 147,820 | 29,471 | 7.4 | 0% |
| 2014 | 138,480 | 140,053 | −1,573 | 7.6 | 0% |
| 2015 | 166,615 | 144,769 | 21,846 | 9.2 | 0% |
| 2017 | 193,685 | 148,534 | 45,151 | 11.2 | 0% |
| 2018 | 236,614 | 200,550 | 36,064 | 10.4 | 0% |
| 2019 | 254,147 | 231,817 | 22,330 | 10.2 | 0% |
| 2020 | 269,511 | 240,608 | 28,903 | 11.2 | 42% |
| 2021 | 177,579 | 192,987 | −15,408 | 13.1 | — |
| 2022 | 217,770 | 197,762 | 20,008 | 14.0 | 46% |
| 2023 | 214,588 | 288,904 | −74,316 | 6.5 | 45% |
In its most recent public year (2023), this organization spent $74,316 more than it brought in. Its reserves stood at about 6.5 months of spending, up from 0.9 in 2011. Staff pay was 45% 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
Chamber Of Commerce Of Novi Michigan'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