Aberdeen Area Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 616,711 | 679,320 | −62,609 | 4.4 | 34% |
| 2021 | 813,796 | 703,443 | 110,353 | 6.1 | 36% |
| 2022 | 729,237 | 789,578 | −60,341 | 4.5 | 34% |
| 2023 | 706,100 | 835,258 | −129,158 | 2.4 | 35% |
In its most recent public year (2023), this organization spent $129,158 more than it brought in. Its reserves stood at about 2.4 months of spending, down from 4.4 in 2020. Staff pay was 35% of spending. $4,243 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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