Maine Credit Union League
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,877,785 | 1,684,757 | 193,028 | 24.9 | 0% |
| 2021 | 1,622,181 | 1,662,189 | −40,008 | 25.0 | 0% |
| 2022 | 1,880,069 | 1,686,509 | 193,560 | 26.0 | 0% |
| 2023 | 1,960,888 | 1,829,949 | 130,939 | 24.8 | 0% |
In its most recent public year (2023), this organization brought in $130,939 more than it spent. Its reserves stood at about 24.8 months of spending. Staff pay was 0% of spending. $19,841 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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