Merrimack Valley Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 621,437 | 612,766 | 8,671 | 12.8 | 68% |
| 2021 | 702,070 | 677,847 | 24,223 | 12.0 | 64% |
| 2022 | 589,728 | 612,786 | −23,058 | 12.8 | 66% |
| 2023 | 621,164 | 615,317 | 5,847 | 13.3 | 63% |
In its most recent public year (2023), this organization brought in $5,847 more than it spent. Its reserves stood at about 13.3 months of spending. Staff pay was 63% of spending. $11,000 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
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