540 Ibew Credit Union Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,364 | 37,936 | 2,428 | 35.5 | 47% |
| 2012 | 40,885 | 40,041 | 844 | 43.5 | 43% |
| 2013 | 40,103 | 39,458 | 645 | 44.4 | 43% |
| 2014 | 38,859 | 38,465 | 394 | 45.7 | 46% |
| 2015 | 37,943 | 35,170 | 2,773 | 50.9 | 50% |
| 2016 | 39,206 | 35,391 | 3,815 | 51.9 | 52% |
| 2017 | 40,137 | 37,681 | 2,456 | 49.7 | 52% |
| 2018 | 42,132 | 39,477 | 2,655 | 48.3 | 53% |
| 2019 | 44,937 | 42,790 | 2,147 | 45.1 | 52% |
| 2020 | 42,022 | 62,330 | −20,308 | 27.1 | 36% |
| 2021 | 39,930 | 40,810 | −880 | 41.1 | 54% |
| 2022 | 47,949 | 43,913 | 4,036 | 39.3 | 52% |
| 2023 | 57,615 | 46,624 | 10,991 | 39.8 | 53% |
In its most recent public year (2023), this organization brought in $10,991 more than it spent. Its reserves stood at about 39.8 months of spending, up from 35.5 in 2011. Staff pay was 53% 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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