Albany Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 442,277 | 425,343 | 16,934 | 11.4 | 59% |
| 2012 | 450,039 | 456,566 | −6,527 | 10.5 | 57% |
| 2013 | 450,002 | 457,457 | −7,455 | 10.3 | 48% |
| 2014 | 462,549 | 441,929 | 20,620 | 11.4 | 63% |
| 2015 | 609,318 | 537,412 | 71,906 | 10.9 | 62% |
| 2016 | 610,762 | 587,121 | 23,641 | 10.7 | 60% |
| 2017 | 734,223 | 607,901 | 126,322 | 12.6 | 56% |
| 2018 | 762,767 | 654,247 | 108,520 | 13.7 | 61% |
| 2019 | 765,600 | 719,136 | 46,464 | 13.3 | 58% |
| 2020 | 646,790 | 597,338 | 49,452 | 17.1 | 64% |
| 2021 | 646,943 | 767,698 | −120,755 | 11.6 | 47% |
| 2022 | 463,859 | 337,922 | 125,937 | 30.7 | 65% |
| 2023 | 460,148 | 477,970 | −17,822 | 21.5 | 65% |
In its most recent public year (2023), this organization spent $17,822 more than it brought in. Its reserves stood at about 21.5 months of spending, up from 11.4 in 2011. Staff pay was 65% of spending. $26,993 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
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