Midland Chamber Of Commerce Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 324,576 | 307,478 | 17,098 | 32.0 | 0% |
| 2012 | 163,226 | 171,373 | −8,147 | 56.8 | 0% |
| 2013 | 156,381 | 219,378 | −62,997 | 40.9 | 0% |
| 2014 | 673,686 | 298,197 | 375,489 | 45.2 | 0% |
| 2015 | 706,653 | 316,563 | 390,090 | 57.4 | 0% |
| 2016 | 2,172,000 | 797,459 | 1,374,541 | 43.5 | 0% |
| 2017 | 2,298,081 | 1,679,450 | 618,631 | 25.0 | 0% |
| 2018 | 792,450 | 452,143 | 340,307 | 101.8 | 0% |
| 2019 | 14,179,960 | 755,990 | 13,423,970 | 274.0 | 0% |
| 2020 | 596,522 | 332,661 | 263,861 | 155.0 | 0% |
| 2021 | 567,139 | 328,324 | 238,815 | 165.7 | 0% |
| 2022 | 2,435,219 | 549,047 | 1,886,172 | 140.3 | 0% |
| 2023 | 818,952 | 393,132 | 425,820 | 209.0 | 0% |
In its most recent public year (2023), this organization brought in $425,820 more than it spent. Its reserves stood at about 209 months of spending, up from 32 in 2011. Staff pay was 0% of spending. $347,981 of its net assets are donor-restricted.
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
Midland Chamber Of Commerce Foundation Inc'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