Hastings Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 311,627 | 323,803 | −12,176 | 3.9 | 30% |
| 2012 | 256,609 | 289,781 | −33,172 | 3.0 | 32% |
| 2013 | 282,761 | 286,565 | −3,804 | 2.9 | 33% |
| 2014 | 310,225 | 295,134 | 15,091 | 3.4 | 34% |
| 2015 | 313,239 | 317,865 | −4,626 | 3.0 | 15% |
| 2016 | 316,653 | 261,952 | 54,701 | 6.2 | 35% |
| 2018 | 324,183 | 312,037 | 12,146 | 6.8 | 33% |
| 2019 | 320,301 | 314,667 | 5,634 | 7.0 | 35% |
| 2020 | 175,527 | 236,886 | −61,359 | 6.2 | 47% |
| 2021 | 499,219 | 337,536 | 161,683 | 10.1 | 36% |
| 2022 | 439,231 | 449,680 | −10,449 | 7.3 | 33% |
| 2023 | 455,488 | 506,869 | −51,381 | 5.3 | 32% |
In its most recent public year (2023), this organization spent $51,381 more than it brought in. Its reserves stood at about 5.3 months of spending, up from 3.9 in 2011. Staff pay was 32% of spending. $42,022 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
Hastings 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