Somers Chamber Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,002 | 22,867 | −1,865 | 9.6 | — |
| 2012 | 19,704 | 26,301 | −6,597 | 5.3 | — |
| 2013 | 22,932 | 18,905 | 4,027 | 10.0 | — |
| 2014 | 23,957 | 23,252 | 705 | 8.5 | — |
| 2015 | 29,456 | 36,409 | −6,953 | 3.1 | — |
| 2016 | 28,286 | 30,617 | −2,331 | 2.8 | — |
| 2017 | 45,144 | 41,302 | 3,842 | 3.2 | — |
| 2018 | 37,968 | 41,174 | −3,206 | 2.3 | — |
| 2019 | 40,065 | 38,519 | 1,546 | 4.7 | — |
| 2020 | 15,119 | 20,535 | −5,416 | 5.7 | — |
| 2021 | 17,359 | 20,903 | −3,544 | 3.6 | — |
| 2022 | 26,492 | 27,596 | −1,104 | 2.2 | — |
| 2023 | 25,891 | 26,741 | −850 | 1.9 | — |
In its most recent public year (2023), this organization spent $850 more than it brought in. Its reserves stood at about 1.9 months of spending, down from 9.6 in 2011.
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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