Central Ct Chambers Of Commerce Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 459,942 | 414,762 | 45,180 | 25.2 | 55% |
| 2021 | 576,160 | 526,156 | 50,004 | 26.2 | 54% |
| 2022 | 773,515 | 705,666 | 67,849 | 13.4 | 58% |
| 2023 | 660,442 | 780,469 | −120,027 | 11.5 | 57% |
In its most recent public year (2023), this organization spent $120,027 more than it brought in. Its reserves stood at about 11.5 months of spending, down from 25.2 in 2020. Staff pay was 57% 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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