Northern Federal Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 24,703,645 | 22,684,367 | 2,019,278 | 188.9 | 29% |
| 2021 | 31,512,409 | 25,901,041 | 5,611,368 | 195.1 | 31% |
| 2022 | 33,941,010 | 30,587,809 | 3,353,201 | 224.9 | 30% |
| 2023 | 41,068,256 | 39,223,945 | 1,844,311 | 178.2 | 25% |
In its most recent public year (2023), this organization brought in $1,844,311 more than it spent. Its reserves stood at about 178.2 months of spending, down from 188.9 in 2020. Staff pay was 25% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works