Luverne Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 197,605 | 185,855 | 11,750 | 0.0 | — |
| 2012 | 233,177 | 241,486 | −8,309 | -0.4 | 27% |
| 2013 | 227,582 | 230,654 | −3,072 | -0.6 | 31% |
| 2014 | 292,751 | 293,092 | −341 | -0.5 | 26% |
| 2015 | 289,623 | 306,986 | −17,363 | -1.1 | 26% |
| 2016 | 329,941 | 318,254 | 11,687 | -0.7 | 24% |
| 2017 | 419,215 | 402,487 | 16,728 | -0.0 | 18% |
| 2018 | 436,455 | 444,315 | −7,860 | -0.2 | 19% |
| 2019 | 361,309 | 348,524 | 12,785 | 0.1 | 22% |
| 2020 | 561,745 | 537,989 | 23,756 | 0.6 | 12% |
| 2021 | 380,268 | 377,364 | 2,904 | 1.0 | 23% |
| 2022 | 373,608 | 378,914 | −5,306 | 0.8 | 28% |
| 2023 | 367,449 | 377,285 | −9,836 | 0.5 | 29% |
In its most recent public year (2023), this organization spent $9,836 more than it brought in. Its reserves stood at about 0.5 months of spending. Staff pay was 29% 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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