Connecticut River Valley Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 248,214 | 304,875 | −56,661 | 3.6 | 55% |
| 2021 | 446,784 | 307,728 | 139,056 | 9.0 | 41% |
| 2022 | 506,234 | 449,236 | 56,998 | 7.7 | 35% |
| 2023 | 486,113 | 462,090 | 24,023 | 8.1 | 35% |
In its most recent public year (2023), this organization brought in $24,023 more than it spent. Its reserves stood at about 8.1 months of spending, up from 3.6 in 2020. Staff pay was 35% 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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