Chelsea Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 10,760 | 12,044 | −1,284 | 8.1 | — |
| 2011 | 13,793 | 8,325 | 5,468 | 19.7 | — |
| 2022 | 57,362 | 49,550 | 7,812 | 6.2 | — |
In its most recent public year (2022), this organization brought in $7,812 more than it spent. Its reserves stood at about 6.2 months of spending, down from 8.1 in 2010.
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 2022. 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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