Greater Richmond Association For Commercial Real Estate
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 153,839 | 160,226 | −6,387 | 6.3 | — |
| 2012 | 193,217 | 191,007 | 2,210 | 5.4 | 0% |
| 2013 | 170,705 | 156,982 | 13,723 | 7.6 | 0% |
| 2014 | 189,131 | 166,702 | 22,429 | 8.8 | 0% |
| 2015 | 166,103 | 232,086 | −65,983 | 2.9 | 0% |
| 2016 | 211,602 | 212,092 | −490 | 3.1 | 0% |
| 2017 | 209,953 | 217,155 | −7,202 | 2.7 | 0% |
| 2018 | 233,451 | 230,149 | 3,302 | 2.7 | 0% |
| 2019 | 263,503 | 240,610 | 22,893 | 3.7 | 0% |
| 2020 | 150,732 | 152,830 | −2,098 | 5.7 | 0% |
| 2021 | 148,260 | 148,964 | −704 | 5.8 | 0% |
| 2022 | 235,669 | 252,486 | −16,817 | 2.6 | 0% |
| 2023 | 317,324 | 328,459 | −11,135 | 1.6 | 0% |
In its most recent public year (2023), this organization spent $11,135 more than it brought in. Its reserves stood at about 1.6 months of spending, down from 6.3 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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