Salem Area Chamber Of Commerce Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 251,338 | 21,145 | 230,193 | 130.6 | 0% |
| 2019 | 39,836 | 39,844 | −8 | 69.3 | — |
| 2020 | −53,075 | 57,273 | −110,348 | 25.1 | — |
| 2021 | 40,431 | 42,331 | −1,900 | 33.4 | — |
| 2022 | 44,937 | 44,258 | 679 | 32.2 | — |
| 2023 | 46,253 | 43,785 | 2,468 | 33.2 | — |
In its most recent public year (2023), this organization brought in $2,468 more than it spent. Its reserves stood at about 33.2 months of spending, down from 130.6 in 2018.
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
Salem Area Chamber Of Commerce Foundation'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