Hendersonville Area Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 458,266 | 440,321 | 17,945 | 2.1 | 47% |
| 2013 | 548,097 | 480,218 | 67,879 | 3.5 | 49% |
| 2014 | 549,188 | 543,823 | 5,365 | 3.3 | 46% |
| 2015 | 574,687 | 598,939 | −24,252 | 2.4 | 46% |
| 2016 | 608,971 | 602,973 | 5,998 | 2.4 | 41% |
| 2017 | 505,625 | 520,086 | −14,461 | 2.4 | 44% |
| 2018 | 561,426 | 541,420 | 20,006 | 2.8 | 43% |
| 2019 | 585,311 | 607,529 | −22,218 | 2.1 | 41% |
| 2020 | 595,062 | 584,636 | 10,426 | 2.4 | 44% |
| 2021 | 553,460 | 536,874 | 16,586 | 2.9 | 40% |
| 2022 | 910,297 | 828,609 | 81,688 | 3.0 | 30% |
| 2023 | 608,447 | 753,787 | −145,340 | 1.0 | 38% |
In its most recent public year (2023), this organization spent $145,340 more than it brought in. Its reserves stood at about 1 months of spending, down from 2.1 in 2012. Staff pay was 38% 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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