Operating record

Hendersonville Area Chamber Of Commerce Foundation

Hendersonvlle, NC · EIN 56-2255709 · files the short form (990-EZ), so reduced detail · latest public year 2022

YearMoney inMoney outResultReserve mo.Staffing
2020$28,596$28,173$42311.9
2021$32,595$22,634$9,96120.1
2022$29,007$17,397$11,61034.2

In its most recent public year (2022), this organization brought in $11,610 more than it spent. Its reserves stood at about 34.2 months of spending, up from 11.9 in 2020.

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 ↗