Heritage Financial Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 27,512,989 | 23,510,176 | 4,002,813 | 22.8 | 40% |
| 2022 | 31,237,369 | 26,151,580 | 5,085,789 | 21.6 | 42% |
| 2023 | 39,441,134 | 35,817,586 | 3,623,548 | 16.9 | 31% |
In its most recent public year (2023), this organization brought in $3,623,548 more than it spent. Its reserves stood at about 16.9 months of spending, down from 22.8 in 2021. 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
Heritage Financial 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