Greater Lake Placid Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 126,509 | 138,935 | −12,426 | 18.3 | 50% |
| 2013 | 148,055 | 142,480 | 5,575 | 18.3 | 49% |
| 2014 | 153,891 | 157,680 | −3,789 | 16.2 | 45% |
| 2015 | 183,812 | 190,216 | −6,404 | 13.0 | 39% |
| 2016 | 156,788 | 157,014 | −226 | 15.8 | 46% |
| 2017 | 127,183 | 146,830 | −19,647 | 15.8 | 50% |
| 2018 | 136,076 | 160,659 | −24,583 | 12.6 | 48% |
| 2019 | 152,305 | 149,112 | 3,193 | 13.8 | 49% |
| 2020 | 130,069 | 136,589 | −6,520 | 14.4 | 51% |
| 2021 | 166,224 | 118,937 | 47,287 | 21.3 | 52% |
| 2022 | 199,696 | 163,860 | 35,836 | 18.2 | 39% |
In its most recent public year (2022), this organization brought in $35,836 more than it spent. Its reserves stood at about 18.2 months of spending. Staff pay was 39% 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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