Grand Rapids Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 292,235 | 290,315 | 1,920 | 5.5 | 60% |
| 2012 | 280,725 | 285,906 | −5,181 | 5.4 | 28% |
| 2013 | 285,528 | 283,646 | 1,882 | 5.5 | 28% |
| 2014 | 311,043 | 293,820 | 17,223 | 6.0 | 26% |
| 2015 | 286,017 | 316,794 | −30,777 | 4.4 | 24% |
| 2016 | 304,283 | 296,717 | 7,566 | 5.0 | 26% |
| 2017 | 308,233 | 292,166 | 16,067 | 5.7 | 27% |
| 2018 | 316,970 | 300,195 | 16,775 | 6.2 | 26% |
| 2019 | 316,718 | 307,197 | 9,521 | 6.5 | 26% |
| 2020 | 277,457 | 292,120 | −14,663 | 6.2 | 27% |
| 2021 | 301,514 | 292,036 | 9,478 | 6.6 | 55% |
| 2022 | 334,894 | 300,839 | 34,055 | 7.7 | 60% |
| 2023 | 389,990 | 347,749 | 42,241 | 8.1 | 57% |
In its most recent public year (2023), this organization brought in $42,241 more than it spent. Its reserves stood at about 8.1 months of spending, up from 5.5 in 2011. Staff pay was 57% 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
Grand Rapids Area 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