State Chartered Credit Unions In Maine
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,962,018 | 1,737,259 | 224,759 | 24.3 | 31% |
| 2012 | 1,866,693 | 1,602,976 | 263,717 | 28.3 | 35% |
| 2013 | 1,786,071 | 1,546,211 | 239,860 | 31.2 | 37% |
| 2014 | 1,742,194 | 1,524,126 | 218,068 | 33.4 | 37% |
| 2015 | 1,799,521 | 1,567,645 | 231,876 | 34.2 | 39% |
| 2016 | 1,938,428 | 1,691,331 | 247,097 | 33.5 | 39% |
| 2018 | 2,409,241 | 2,055,822 | 353,419 | 31.0 | 36% |
| 2019 | 2,626,286 | 2,251,768 | 374,518 | 30.3 | 36% |
| 2020 | 2,538,662 | 2,284,035 | 254,627 | 31.2 | 36% |
| 2021 | 2,472,839 | 2,157,235 | 315,604 | 34.8 | 39% |
| 2022 | 2,752,661 | 2,391,078 | 361,583 | 33.2 | 37% |
| 2023 | 3,459,425 | 3,088,793 | 370,632 | 27.2 | 31% |
In its most recent public year (2023), this organization brought in $370,632 more than it spent. Its reserves stood at about 27.2 months of spending, up from 24.3 in 2011. Staff pay was 31% 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
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