Park Rapids Lakes Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 368,213 | 355,808 | 12,405 | 1.2 | 28% |
| 2012 | 289,918 | 348,333 | −58,415 | -0.8 | 31% |
| 2013 | 365,414 | 289,573 | 75,841 | 2.2 | 31% |
| 2014 | 323,436 | 290,557 | 32,879 | 3.5 | 31% |
| 2015 | 304,522 | 312,188 | −7,666 | 3.0 | 32% |
| 2016 | 370,493 | 360,997 | 9,496 | 2.9 | 30% |
| 2017 | 439,255 | 395,604 | 43,651 | 4.0 | 28% |
| 2018 | 404,556 | 391,041 | 13,515 | 4.4 | 35% |
| 2019 | 387,806 | 388,051 | −245 | 4.5 | 32% |
| 2020 | 338,340 | 280,516 | 57,824 | 8.6 | 43% |
| 2021 | 370,991 | 377,211 | −6,220 | 6.2 | 30% |
| 2022 | 454,534 | 384,313 | 70,221 | 8.3 | 29% |
| 2023 | 321,763 | 417,095 | −95,332 | 4.9 | 35% |
In its most recent public year (2023), this organization spent $95,332 more than it brought in. Its reserves stood at about 4.9 months of spending, up from 1.2 in 2011. Staff pay was 35% 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
Park Rapids Lakes 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