Hudson Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 409,875 | 385,223 | 24,652 | 9.1 | 58% |
| 2012 | 417,604 | 405,983 | 11,621 | 8.9 | 56% |
| 2013 | 457,510 | 404,896 | 52,614 | 10.5 | 59% |
| 2014 | 461,079 | 421,278 | 39,801 | 11.2 | 58% |
| 2015 | 469,579 | 454,735 | 14,844 | 10.8 | 52% |
| 2016 | 458,818 | 497,096 | −38,278 | 9.0 | 58% |
| 2017 | 516,583 | 520,615 | −4,032 | 8.5 | 54% |
| 2018 | 481,606 | 505,766 | −24,160 | 7.9 | 50% |
| 2019 | 506,430 | 462,550 | 43,880 | 10.1 | 41% |
| 2020 | 430,365 | 449,327 | −18,962 | 10.1 | 47% |
| 2021 | 585,051 | 447,006 | 138,045 | 14.1 | 44% |
| 2022 | 530,158 | 536,202 | −6,044 | 12.5 | 40% |
| 2023 | 563,761 | 626,419 | −62,658 | 9.7 | 32% |
In its most recent public year (2023), this organization spent $62,658 more than it brought in. Its reserves stood at about 9.7 months of spending. Staff pay was 32% of spending. $136,934 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 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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