Albert Lea Freeborn County Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 231,886 | 283,329 | −51,443 | 3.3 | 43% |
| 2012 | 242,927 | 245,929 | −3,002 | 3.7 | 49% |
| 2013 | 217,642 | 232,769 | −15,127 | 3.1 | 50% |
| 2014 | 240,273 | 241,677 | −1,404 | 2.9 | 50% |
| 2015 | 256,725 | 250,841 | 5,884 | 3.1 | 49% |
| 2016 | 266,296 | 268,554 | −2,258 | 2.8 | 51% |
| 2017 | 267,424 | 264,202 | 3,222 | 3.0 | 47% |
| 2018 | 242,543 | 231,928 | 10,615 | 4.0 | 41% |
| 2019 | 266,119 | 259,612 | 6,507 | 3.8 | 42% |
| 2020 | 166,743 | 170,351 | −3,608 | 5.6 | 36% |
| 2021 | 163,434 | 182,483 | −19,049 | 4.0 | 46% |
| 2022 | 235,959 | 205,562 | 30,397 | 5.3 | 47% |
| 2023 | 179,586 | 180,792 | −1,206 | 5.9 | 52% |
In its most recent public year (2023), this organization spent $1,206 more than it brought in. Its reserves stood at about 5.9 months of spending, up from 3.3 in 2011. Staff pay was 52% 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
Albert Lea Freeborn County 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