Hibbing Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 256,259 | 254,067 | 2,192 | 4.0 | 41% |
| 2012 | 242,740 | 271,643 | −28,903 | 2.5 | 35% |
| 2013 | 317,892 | 274,124 | 43,768 | 6.8 | 36% |
| 2015 | 257,604 | 248,495 | 9,109 | 9.3 | 50% |
| 2016 | 264,340 | 259,001 | 5,339 | 9.1 | 51% |
| 2017 | 232,681 | 263,707 | −31,026 | 7.5 | 52% |
| 2019 | 256,902 | 282,649 | −25,747 | 4.8 | 50% |
| 2020 | 193,658 | 184,770 | 8,888 | 7.9 | 58% |
| 2021 | 207,188 | 239,411 | −32,223 | 4.4 | 51% |
| 2022 | 216,308 | 207,579 | 8,729 | 5.6 | 56% |
| 2023 | 246,732 | 237,472 | 9,260 | 5.4 | 55% |
In its most recent public year (2023), this organization brought in $9,260 more than it spent. Its reserves stood at about 5.4 months of spending, up from 4 in 2011. Staff pay was 55% of spending. $44,932 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
Hibbing 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