Leech Lake Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 273,502 | 245,759 | 27,743 | 11.7 | 31% |
| 2012 | 240,439 | 257,489 | −17,050 | 10.4 | 30% |
| 2013 | 263,313 | 271,479 | −8,166 | 9.5 | 30% |
| 2014 | 265,406 | 262,236 | 3,170 | 10.0 | 33% |
| 2015 | 277,993 | 260,990 | 17,003 | 10.8 | 31% |
| 2016 | 310,526 | 282,804 | 27,722 | 11.1 | 30% |
| 2017 | 292,716 | 285,795 | 6,921 | 11.3 | 31% |
| 2018 | 310,530 | 291,641 | 18,889 | 11.9 | 31% |
| 2019 | 307,286 | 289,933 | 17,353 | 12.7 | 34% |
| 2020 | 233,292 | 242,538 | −9,246 | 14.7 | 39% |
| 2021 | 325,457 | 285,294 | 40,163 | 14.2 | 34% |
| 2022 | 327,380 | 299,179 | 28,201 | 14.6 | 35% |
| 2023 | 413,501 | 412,920 | 581 | 10.6 | 26% |
In its most recent public year (2023), this organization brought in $581 more than it spent. Its reserves stood at about 10.6 months of spending, down from 11.7 in 2011. Staff pay was 26% 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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