Verona Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 157,126 | 148,513 | 8,613 | 9.3 | — |
| 2012 | 173,664 | 170,225 | 3,439 | 8.4 | — |
| 2013 | 203,053 | 203,935 | −882 | 6.9 | 35% |
| 2014 | 224,878 | 220,500 | 4,378 | 6.8 | 38% |
| 2015 | 257,598 | 222,375 | 35,223 | 9.6 | 36% |
| 2016 | 320,115 | 296,654 | 23,461 | 8.2 | 29% |
| 2017 | 307,202 | 413,846 | −106,644 | 2.8 | 21% |
| 2018 | 436,757 | 361,608 | 75,149 | 5.7 | 30% |
| 2019 | 505,509 | 505,654 | −145 | 4.0 | 27% |
| 2020 | 521,188 | 418,446 | 102,742 | 7.8 | 32% |
| 2021 | 290,338 | 403,358 | −113,020 | 4.8 | 27% |
| 2022 | 492,479 | 508,357 | −15,878 | 3.4 | 33% |
| 2023 | 616,586 | 607,190 | 9,396 | 3.0 | 31% |
In its most recent public year (2023), this organization brought in $9,396 more than it spent. Its reserves stood at about 3 months of spending, down from 9.3 in 2011. Staff pay was 31% 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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