Hanover Association Of Businesses And Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 58,265 | 64,169 | −5,904 | 5.8 | — |
| 2012 | 62,253 | 69,131 | −6,878 | 4.2 | — |
| 2013 | 65,590 | 69,980 | −4,390 | 5.0 | — |
| 2014 | 82,928 | 90,223 | −7,295 | 2.9 | — |
| 2015 | 97,387 | 97,152 | 235 | 2.7 | — |
| 2016 | 101,457 | 101,745 | −288 | 2.6 | — |
| 2017 | 109,621 | 115,228 | −5,607 | 1.7 | — |
| 2018 | 112,498 | 121,052 | −8,554 | 0.7 | — |
| 2019 | 180,837 | 169,517 | 11,320 | 1.3 | — |
| 2020 | 111,309 | 121,348 | −10,039 | 1.0 | — |
| 2021 | 133,752 | 151,858 | −18,106 | -0.7 | — |
| 2022 | 105,050 | 167,763 | −62,713 | -5.1 | — |
| 2023 | 186,214 | 194,770 | −8,556 | 0.1 | — |
In its most recent public year (2023), this organization spent $8,556 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 5.8 in 2011.
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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