Albert Lea Freeborn County Chamber Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 74,420 | 79,941 | −5,521 | 48.7 | — |
| 2012 | 126,655 | 87,043 | 39,612 | 50.7 | — |
| 2013 | 149,800 | 141,093 | 8,707 | 32.5 | — |
| 2014 | 212,233 | 205,091 | 7,142 | 23.1 | 0% |
| 2015 | 97,790 | 101,353 | −3,563 | 46.1 | — |
| 2016 | 191,686 | 129,881 | 61,805 | 42.0 | — |
| 2017 | 177,317 | 269,249 | −91,932 | 16.5 | — |
| 2018 | 156,126 | 119,232 | 36,894 | 41.3 | — |
| 2019 | 117,093 | 136,708 | −19,615 | 34.4 | — |
| 2020 | 36,559 | 24,028 | 12,531 | 202.0 | — |
| 2021 | 68,109 | 43,897 | 24,212 | 122.5 | — |
| 2022 | 289,240 | 55,224 | 234,016 | 146.1 | 0% |
| 2023 | 368,531 | 76,733 | 291,798 | 151.4 | 0% |
In its most recent public year (2023), this organization brought in $291,798 more than it spent. Its reserves stood at about 151.4 months of spending, up from 48.7 in 2011. Staff pay was 0% 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
Albert Lea Freeborn County Chamber Foundation'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