Np Area Chamber Of Commerce Commerce & Development Corp Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 605,026 | 489,279 | 115,747 | 85.2 | 42% |
| 2012 | 586,059 | 521,242 | 64,817 | 81.5 | 40% |
| 2013 | 565,111 | 524,568 | 40,543 | 81.9 | 40% |
| 2014 | 503,584 | 437,601 | 65,983 | 100.0 | 46% |
| 2015 | 762,389 | 496,117 | 266,272 | 94.6 | 48% |
| 2017 | 731,676 | 734,313 | −2,637 | 63.0 | 42% |
| 2018 | 1,316,777 | 822,843 | 493,934 | 63.6 | 37% |
| 2019 | 1,532,886 | 917,499 | 615,387 | 65.1 | 29% |
| 2020 | 1,060,510 | 1,062,852 | −2,342 | 56.2 | 26% |
| 2021 | 1,723,344 | 672,144 | 1,051,200 | 107.6 | 45% |
| 2022 | 6,036,758 | 2,055,115 | 3,981,643 | 58.4 | 17% |
| 2023 | 954,367 | 1,619,396 | −665,029 | 69.2 | 22% |
In its most recent public year (2023), this organization spent $665,029 more than it brought in. Its reserves stood at about 69.2 months of spending, down from 85.2 in 2011. Staff pay was 22% of spending. $157,240 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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