Chamber Of Commerce Greater Hendersonville
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 428,129 | 352,359 | 75,770 | 26.6 | 41% |
| 2012 | 536,926 | 386,026 | 150,900 | 28.9 | 39% |
| 2013 | 360,926 | 357,908 | 3,018 | 31.3 | 44% |
| 2014 | 377,725 | 350,723 | 27,002 | 32.6 | 45% |
| 2015 | 375,680 | 374,653 | 1,027 | 30.6 | 45% |
| 2016 | 380,852 | 375,805 | 5,047 | 30.6 | 47% |
| 2017 | 395,324 | 385,359 | 9,965 | 30.2 | 46% |
| 2018 | 377,561 | 393,545 | −15,984 | 29.1 | 46% |
| 2019 | 379,720 | 387,203 | −7,483 | 29.3 | 49% |
| 2020 | 457,775 | 390,168 | 67,607 | 31.2 | 51% |
| 2021 | 345,971 | 392,028 | −46,057 | 29.6 | 50% |
| 2022 | 430,685 | 403,102 | 27,583 | 29.6 | 44% |
In its most recent public year (2022), this organization brought in $27,583 more than it spent. Its reserves stood at about 29.6 months of spending, up from 26.6 in 2011. Staff pay was 44% 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 2022. 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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