Chamber Of Commerce Of Northwest Ct Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 596,404 | 571,407 | 24,997 | 5.3 | 42% |
| 2012 | 587,856 | 556,261 | 31,595 | 5.3 | 42% |
| 2013 | 688,426 | 660,410 | 28,016 | 4.2 | 39% |
| 2014 | 634,141 | 621,045 | 13,096 | 3.9 | 43% |
| 2015 | 700,630 | 695,448 | 5,182 | 2.3 | 45% |
| 2016 | 589,345 | 588,478 | 867 | 1.8 | 47% |
| 2017 | 626,928 | 580,009 | 46,919 | 2.0 | 48% |
| 2018 | 703,616 | 661,962 | 41,654 | 1.6 | 50% |
| 2019 | 660,303 | 618,325 | 41,978 | 1.5 | 50% |
| 2020 | 614,685 | 529,429 | 85,256 | 3.0 | 39% |
| 2021 | 627,693 | 509,087 | 118,606 | 5.3 | 42% |
| 2022 | 1,030,899 | 566,767 | 464,132 | 13.9 | 45% |
| 2023 | 563,562 | 640,678 | −77,116 | 10.8 | 50% |
In its most recent public year (2023), this organization spent $77,116 more than it brought in. Its reserves stood at about 10.8 months of spending, up from 5.3 in 2011. Staff pay was 50% of spending. $752 of its net assets are donor-restricted.
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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