Black Mountain-Swannanoa Chamber Of Commerce Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 138,559 | 153,853 | −15,294 | 9.5 | — |
| 2012 | 170,014 | 176,030 | −6,016 | 7.9 | — |
| 2013 | 153,289 | 156,730 | −3,441 | 8.6 | — |
| 2014 | 190,481 | 168,137 | 22,344 | 9.6 | — |
| 2015 | 176,885 | 192,705 | −15,820 | 7.4 | — |
| 2016 | 196,881 | 217,348 | −20,467 | 5.4 | — |
| 2017 | 175,737 | 177,425 | −1,688 | 6.6 | — |
| 2018 | 208,050 | 190,958 | 17,092 | 7.2 | 47% |
| 2019 | 190,212 | 187,528 | 2,684 | 7.5 | — |
| 2020 | 125,685 | 132,772 | −7,087 | 0.0 | — |
| 2021 | 169,113 | 155,487 | 13,626 | 1.1 | — |
| 2022 | 177,424 | 154,031 | 23,393 | 9.9 | — |
In its most recent public year (2022), this organization brought in $23,393 more than it spent. Its reserves stood at about 9.9 months 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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