Hastings Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 544,161 | 496,308 | 47,853 | 11.7 | 41% |
| 2012 | 497,871 | 480,182 | 17,689 | 12.5 | 43% |
| 2013 | 546,975 | 534,543 | 12,432 | 11.5 | 43% |
| 2014 | 552,672 | 514,986 | 37,686 | 12.9 | 42% |
| 2015 | 598,873 | 573,210 | 25,663 | 13.4 | 40% |
| 2016 | 592,490 | 608,023 | −15,533 | 12.3 | 40% |
| 2017 | 627,572 | 635,535 | −7,963 | 11.6 | 41% |
| 2018 | 566,354 | 572,833 | −6,479 | 12.8 | 42% |
| 2019 | 561,296 | 541,079 | 20,217 | 14.0 | 48% |
| 2020 | 707,230 | 748,984 | −41,754 | 9.4 | 36% |
| 2021 | 624,932 | 568,244 | 56,688 | 15.2 | 49% |
| 2022 | 503,068 | 564,878 | −61,810 | 14.0 | 48% |
| 2023 | 510,019 | 487,357 | 22,662 | 16.2 | 48% |
In its most recent public year (2023), this organization brought in $22,662 more than it spent. Its reserves stood at about 16.2 months of spending, up from 11.7 in 2011. Staff pay was 48% of spending. $16,667 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
Hastings Area Chamber Of Commerce's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works