Municipal Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 121,279,868 | 119,186,028 | 2,093,840 | 14.5 | 29% |
| 2012 | 122,621,466 | 118,075,121 | 4,546,345 | 13.0 | 32% |
| 2013 | 127,165,605 | 124,122,855 | 3,042,750 | 12.5 | 33% |
| 2014 | 133,551,051 | 131,651,495 | 1,899,556 | 9.9 | 32% |
| 2015 | 149,284,312 | 144,053,431 | 5,230,881 | 9.4 | 33% |
| 2016 | 167,229,977 | 157,530,945 | 9,699,032 | 8.7 | 33% |
| 2017 | 182,960,017 | 165,382,015 | 17,578,002 | 8.4 | 34% |
| 2018 | 198,217,065 | 186,889,680 | 11,327,385 | 7.0 | 28% |
| 2019 | 218,495,095 | 301,226,540 | −82,731,445 | 5.8 | 15% |
| 2020 | 95,907,096 | 80,985,428 | 14,921,668 | 18.2 | 17% |
| 2021 | 220,924,766 | 117,685,716 | 103,239,050 | 26.3 | 44% |
| 2022 | 210,950,031 | 138,602,371 | 72,347,660 | 20.8 | 40% |
| 2023 | 246,526,470 | 178,986,619 | 67,539,851 | 18.0 | 33% |
In its most recent public year (2023), this organization brought in $67,539,851 more than it spent. Its reserves stood at about 18 months of spending, up from 14.5 in 2011. Staff pay was 33% 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
Municipal Credit Union'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