everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Ely Chamber Of Commerce

Ely, MN / EIN 41-0237425 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2012586,896629,119−42,2239.218%
2013526,251542,207−15,95611.321%
2014562,707642,378−79,6719.216%
2015625,592592,12733,46510.417%
2016602,223533,40668,81712.811%
2017616,801594,59722,20411.817%
2018606,767695,680−88,9138.913%
2019580,157510,24269,91513.720%
2020566,893765,070−198,1775.914%
2021156,448200,492−44,04424.9
2022237,179305,983−68,80413.636%
2023194,126343,010−148,8846.535%

In its most recent public year (2023), this organization spent $148,884 more than it brought in. Its reserves stood at about 6.5 months of spending, down from 9.2 in 2012. Staff pay was 35% 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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