Alerus Revenues Higher Than ProjectedIf this year's profit remains intact, it could mean good news for the Alerus Center.
If this year's profit remains intact, it could mean good news for the Alerus Center.
When center staff members produced the 2012 budget, they projected a $20,000 loss for the year. Instead revenues were 22 percent higher than expected. This year's profit puts the Alerus Center's retained earnings at nearly $330,000, rescuing it from half a million dollars in negative earnings. Of the last 11 years, only four other years recorded positive earnings.