Lincoln Chamber Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 970,037 | 1,039,078 | −69,041 | 10.7 | 43% |
| 2012 | 1,044,048 | 880,402 | 163,646 | 14.9 | 52% |
| 2013 | 1,115,847 | 921,421 | 194,426 | 16.8 | 44% |
| 2014 | 1,485,301 | 1,332,493 | 152,808 | 13.0 | 31% |
| 2015 | 1,097,822 | 1,230,613 | −132,791 | 12.8 | 37% |
| 2016 | 1,564,553 | 1,746,488 | −181,935 | 7.7 | 30% |
| 2017 | 2,365,288 | 2,387,333 | −22,045 | 5.6 | 25% |
| 2018 | 1,780,501 | 1,751,246 | 29,255 | 7.8 | 36% |
| 2019 | 1,792,534 | 1,859,609 | −67,075 | 6.9 | 39% |
| 2020 | 1,951,924 | 1,865,981 | 85,943 | 7.4 | 26% |
| 2021 | 1,740,188 | 1,736,787 | 3,401 | 8.0 | 42% |
| 2022 | 2,088,976 | 2,026,153 | 62,823 | 7.2 | 38% |
| 2023 | 2,724,244 | 2,824,525 | −100,281 | 4.8 | 30% |
In its most recent public year (2023), this organization spent $100,281 more than it brought in. Its reserves stood at about 4.8 months of spending, down from 10.7 in 2011. Staff pay was 30% of spending. $467,770 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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