Bemidji Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 210,739 | 206,149 | 4,590 | -1.5 | 57% |
| 2012 | 233,288 | 222,390 | 10,898 | -0.8 | 56% |
| 2013 | 203,181 | 199,515 | 3,666 | -0.8 | 57% |
| 2014 | 205,026 | 213,190 | −8,164 | -1.1 | 54% |
| 2015 | 201,304 | 194,373 | 6,931 | -0.8 | 63% |
| 2016 | 185,268 | 194,202 | −8,934 | -1.3 | 69% |
| 2017 | 198,351 | 211,178 | −12,827 | -1.9 | 63% |
| 2018 | 223,802 | 231,069 | −7,267 | -2.1 | 61% |
| 2019 | 207,650 | 210,781 | −3,131 | -2.5 | 50% |
| 2020 | 282,835 | 234,502 | 48,333 | 0.3 | 38% |
| 2021 | 326,961 | 183,326 | 143,635 | 9.7 | 35% |
| 2022 | 256,995 | 257,756 | −761 | 6.9 | 45% |
| 2023 | 288,398 | 334,274 | −45,876 | 3.7 | 46% |
In its most recent public year (2023), this organization spent $45,876 more than it brought in. Its reserves stood at about 3.7 months of spending, up from -1.5 in 2011. Staff pay was 46% 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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