Norwegian-American Chamber Of Commerce Mid-Atlantic Chapter Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,730 | 35,086 | −8,356 | 2.0 | — |
| 2012 | 52,385 | 31,647 | 20,738 | 10.1 | — |
| 2013 | 38,224 | 36,417 | 1,807 | 9.4 | — |
| 2014 | 58,548 | 46,726 | 11,822 | 10.3 | — |
| 2015 | 47,726 | 23,524 | 24,202 | 32.9 | — |
| 2016 | 62,412 | 34,882 | 27,530 | 31.6 | — |
| 2017 | 40,851 | 35,393 | 5,458 | 33.0 | — |
| 2018 | 203,335 | 198,525 | 4,810 | 6.2 | 0% |
| 2019 | 143,784 | 154,449 | −10,665 | 7.1 | 0% |
| 2020 | 79,553 | 69,320 | 10,233 | 17.6 | 0% |
| 2021 | 117,749 | 108,935 | 8,814 | 12.2 | 0% |
| 2022 | 117,059 | 113,756 | 3,303 | 12.0 | 0% |
| 2023 | 142,050 | 134,906 | 7,144 | 10.8 | 0% |
In its most recent public year (2023), this organization brought in $7,144 more than it spent. Its reserves stood at about 10.8 months of spending, up from 2 in 2011. Staff pay was 0% of spending.
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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