Lenoir County Chambe Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 431,180 | 416,868 | 14,312 | 2.5 | 42% |
| 2012 | 430,095 | 425,453 | 4,642 | 2.6 | 44% |
| 2013 | 451,167 | 449,873 | 1,294 | 2.5 | 44% |
| 2014 | 450,370 | 449,868 | 502 | 2.5 | 48% |
| 2015 | 479,146 | 479,301 | −155 | 2.3 | 46% |
| 2016 | 474,538 | 482,647 | −8,109 | 2.1 | 52% |
| 2017 | 540,634 | 561,640 | −21,006 | 1.4 | 50% |
| 2018 | 513,016 | 536,970 | −23,954 | 0.9 | 49% |
| 2019 | 426,980 | 426,461 | 519 | 1.1 | 28% |
| 2020 | 230,151 | 183,850 | 46,301 | 5.6 | 27% |
| 2021 | 213,405 | 194,523 | 18,882 | 6.5 | 55% |
| 2022 | 200,215 | 235,400 | −35,185 | 3.6 | 48% |
| 2023 | 215,720 | 199,722 | 15,998 | 5.2 | 32% |
In its most recent public year (2023), this organization brought in $15,998 more than it spent. Its reserves stood at about 5.2 months of spending, up from 2.5 in 2011. Staff pay was 32% 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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