Greater North Dakota Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 851,437 | 822,878 | 28,559 | 11.3 | 56% |
| 2021 | 989,240 | 989,290 | −50 | 9.4 | 48% |
| 2022 | 1,099,110 | 905,174 | 193,936 | 12.8 | 52% |
| 2023 | 1,130,567 | 953,490 | 177,077 | 14.4 | 53% |
In its most recent public year (2023), this organization brought in $177,077 more than it spent. Its reserves stood at about 14.4 months of spending, up from 11.3 in 2020. Staff pay was 53% of spending. $26,297 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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