Norwegian American Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 178,610 | 161,814 | 16,796 | 4.9 | 10% |
| 2012 | 218,463 | 215,984 | 2,479 | 3.8 | 7% |
| 2013 | 226,182 | 227,060 | −878 | 2.9 | 7% |
| 2014 | 277,095 | 247,481 | 29,614 | 3.8 | 5% |
| 2015 | 195,323 | 217,312 | −21,989 | 3.1 | 7% |
| 2016 | 150,844 | 157,570 | −6,726 | 3.5 | 11% |
| 2017 | 111,324 | 107,416 | 3,908 | 4.5 | 12% |
| 2018 | 80,789 | 95,547 | −14,758 | 2.1 | 10% |
| 2019 | 79,534 | 72,196 | 7,338 | 4.2 | 15% |
In its most recent public year (2019), this organization brought in $7,338 more than it spent. Its reserves stood at about 4.2 months of spending. Staff pay was 15% 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 2019. 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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