Salem-Roanoke County Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 160,888 | 153,534 | 7,354 | 19.7 | 63% |
| 2012 | 171,871 | 167,507 | 4,364 | 18.3 | 65% |
| 2013 | 158,866 | 183,277 | −24,411 | 15.2 | 62% |
| 2014 | 175,157 | 198,893 | −23,736 | 12.5 | 63% |
| 2015 | 176,823 | 171,253 | 5,570 | 15.0 | 63% |
| 2016 | 168,112 | 181,306 | −13,194 | 13.3 | 62% |
| 2017 | 249,603 | 257,733 | −8,130 | 8.9 | 42% |
| 2018 | 237,238 | 235,789 | 1,449 | 9.9 | 40% |
| 2019 | 171,234 | 163,113 | 8,121 | 14.8 | 45% |
| 2020 | 124,746 | 147,330 | −22,584 | 14.6 | 58% |
| 2021 | 164,582 | 154,885 | 9,697 | 14.6 | 55% |
| 2022 | 245,436 | 197,474 | 47,962 | 14.4 | 35% |
| 2023 | 243,028 | 242,089 | 939 | 11.8 | 47% |
In its most recent public year (2023), this organization brought in $939 more than it spent. Its reserves stood at about 11.8 months of spending, down from 19.7 in 2011. Staff pay was 47% 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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