Salem Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 929,048 | 879,743 | 49,305 | 4.8 | 48% |
| 2013 | 916,983 | 894,552 | 22,431 | 5.0 | 50% |
| 2014 | 1,033,542 | 991,984 | 41,558 | 5.0 | 50% |
| 2015 | 1,120,885 | 1,110,157 | 10,728 | 4.6 | 52% |
| 2016 | 1,279,394 | 1,263,186 | 16,208 | 4.2 | 52% |
| 2017 | 1,043,508 | 1,140,797 | −97,289 | 3.6 | 53% |
| 2018 | 1,272,444 | 1,188,861 | 83,583 | 4.3 | 53% |
| 2019 | 1,294,400 | 1,147,811 | 146,589 | 6.0 | 51% |
| 2020 | 1,277,843 | 1,176,314 | 101,529 | 6.9 | 55% |
| 2021 | 1,238,683 | 1,138,947 | 99,736 | 7.6 | 61% |
| 2022 | 1,373,075 | 1,260,700 | 112,375 | 8.0 | 58% |
| 2023 | 1,866,376 | 1,673,265 | 193,111 | 7.4 | 44% |
In its most recent public year (2023), this organization brought in $193,111 more than it spent. Its reserves stood at about 7.4 months of spending, up from 4.8 in 2012. Staff pay was 44% 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
Salem Area 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