Seminole Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 278,924 | 271,678 | 7,246 | 9.3 | 28% |
| 2012 | 230,812 | 217,902 | 12,910 | 12.3 | 40% |
| 2013 | 259,110 | 208,860 | 50,250 | 15.8 | 40% |
| 2014 | 376,363 | 287,711 | 88,652 | 15.1 | 33% |
| 2015 | 328,586 | 256,124 | 72,462 | 20.4 | 31% |
| 2016 | 113,780 | 495,486 | −381,706 | 1.3 | — |
| 2017 | 118,500 | 141,585 | −23,085 | 2.6 | — |
| 2018 | 121,744 | 134,886 | −13,142 | 1.6 | — |
| 2019 | 165,090 | 158,521 | 6,569 | 1.8 | — |
| 2020 | 115,869 | 133,699 | −17,830 | 0.6 | — |
| 2021 | 155,308 | 157,485 | −2,177 | 0.3 | — |
| 2022 | 253,518 | 192,754 | 60,764 | 4.0 | 37% |
| 2023 | 272,546 | 232,008 | 40,538 | 5.5 | 35% |
In its most recent public year (2023), this organization brought in $40,538 more than it spent. Its reserves stood at about 5.5 months of spending, down from 9.3 in 2011. 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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