Northland Regional Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 410,171 | 435,409 | −25,238 | 3.3 | 48% |
| 2011 | 432,108 | 433,856 | −1,748 | 3.2 | 50% |
| 2012 | 429,330 | 413,424 | 15,906 | 3.9 | 51% |
| 2013 | 426,834 | 435,578 | −8,744 | 3.4 | 49% |
| 2014 | 434,661 | 442,949 | −8,288 | 3.1 | 51% |
| 2015 | 472,773 | 456,767 | 16,006 | 3.5 | 52% |
| 2016 | 560,785 | 569,308 | −8,523 | 2.6 | 40% |
| 2017 | 587,465 | 582,064 | 5,401 | 2.7 | 44% |
| 2018 | 568,733 | 574,863 | −6,130 | 2.6 | 46% |
| 2019 | 611,122 | 591,089 | 20,033 | 3.0 | 47% |
| 2020 | 538,270 | 528,728 | 9,542 | 3.5 | 54% |
| 2021 | 592,502 | 520,810 | 71,692 | 5.2 | 52% |
| 2022 | 683,471 | 559,376 | 124,095 | 7.6 | 36% |
| 2023 | 745,301 | 566,911 | 178,390 | 11.4 | 37% |
In its most recent public year (2023), this organization brought in $178,390 more than it spent. Its reserves stood at about 11.4 months of spending, up from 3.3 in 2010. Staff pay was 37% of spending. $6,000 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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