Midlothian Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 214,311 | 218,655 | −4,344 | 1.9 | 58% |
| 2011 | 218,268 | 202,427 | 15,841 | 2.7 | 56% |
| 2012 | 219,556 | 211,424 | 8,132 | 3.0 | 55% |
| 2013 | 200,264 | 213,766 | −13,502 | 2.2 | 48% |
| 2014 | 200,903 | 224,844 | −23,941 | 0.8 | 54% |
| 2015 | 210,178 | 213,997 | −3,819 | -0.2 | 55% |
| 2016 | 284,359 | 272,344 | 12,015 | 1.9 | 59% |
| 2017 | 284,454 | 309,669 | −25,215 | 0.7 | 49% |
| 2018 | 344,619 | 321,498 | 23,121 | 1.6 | 48% |
| 2019 | 346,741 | 339,729 | 7,012 | 1.7 | 45% |
| 2020 | 271,508 | 254,848 | 16,660 | 3.0 | 54% |
| 2021 | 491,747 | 347,591 | 144,156 | 7.2 | 54% |
| 2022 | 310,329 | 321,312 | −10,983 | 7.4 | 54% |
| 2023 | 249,737 | 291,288 | −41,551 | 6.4 | 55% |
In its most recent public year (2023), this organization spent $41,551 more than it brought in. Its reserves stood at about 6.4 months of spending, up from 1.9 in 2010. Staff pay was 55% 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
Midlothian Chamber Of Commerce'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