Cloquet Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 167,319 | 170,112 | −2,793 | 19.4 | — |
| 2012 | 154,605 | 162,373 | −7,768 | 19.7 | — |
| 2013 | 164,041 | 143,789 | 20,252 | 24.0 | — |
| 2014 | 147,463 | 139,733 | 7,730 | 25.3 | — |
| 2015 | 220,513 | 195,724 | 24,789 | 19.6 | 50% |
| 2016 | 225,659 | 219,767 | 5,892 | 17.8 | 45% |
| 2017 | 237,305 | 224,207 | 13,098 | 18.1 | 49% |
| 2018 | 216,871 | 220,740 | −3,869 | 18.2 | 52% |
| 2019 | 237,290 | 233,101 | 4,189 | 17.4 | 30% |
| 2020 | 192,497 | 215,689 | −23,192 | 17.6 | 57% |
| 2021 | 240,659 | 206,515 | 34,144 | 20.3 | 60% |
| 2022 | 226,663 | 207,707 | 18,956 | 21.3 | 60% |
| 2023 | 186,645 | 191,985 | −5,340 | 22.7 | 66% |
In its most recent public year (2023), this organization spent $5,340 more than it brought in. Its reserves stood at about 22.7 months of spending, up from 19.4 in 2011. Staff pay was 66% 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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