Shoals Chamber Of Commerce Inc Fka Chamber Of Commerce Of Shoals
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 538,823 | 620,807 | −81,984 | 42.0 | 42% |
| 2013 | 594,769 | 622,420 | −27,651 | 41.4 | 40% |
| 2014 | 529,624 | 663,485 | −133,861 | 36.4 | 40% |
| 2015 | 927,285 | 853,963 | 73,322 | 29.3 | 35% |
| 2017 | 722,262 | 778,466 | −56,204 | 30.1 | 52% |
| 2018 | 760,794 | 721,853 | 38,941 | 33.1 | 44% |
| 2019 | 712,887 | 763,197 | −50,310 | 30.5 | 46% |
| 2020 | 676,292 | 688,407 | −12,115 | 33.6 | 50% |
| 2021 | 748,662 | 591,190 | 157,472 | 42.4 | 49% |
| 2022 | 678,560 | 876,519 | −197,959 | 25.9 | 44% |
| 2023 | 727,686 | 838,393 | −110,707 | 25.5 | 46% |
In its most recent public year (2023), this organization spent $110,707 more than it brought in. Its reserves stood at about 25.5 months of spending, down from 42 in 2012. Staff pay was 46% 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
Shoals Chamber Of Commerce Inc Fka Chamber Of Commerce Of Shoals's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works