Vermont Association Of Chamber Of Commerce Executives
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 20,223 | 17,104 | 3,119 | 1275.0 | 0% |
| 2021 | 12,951 | 34,342 | −21,391 | 593.6 | 0% |
| 2022 | 19,402 | 32,432 | −13,030 | 611.7 | 0% |
| 2023 | 19,386 | 36,961 | −17,575 | 496.6 | 0% |
In its most recent public year (2023), this organization spent $17,575 more than it brought in. Its reserves stood at about 496.6 months of spending, down from 1275 in 2020. Staff pay was 0% of spending. $1,405,853 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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