Light Commerce Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 268,233 | 161,576 | 106,657 | 23.7 | 25% |
| 2012 | 257,731 | 168,792 | 88,939 | 29.1 | 30% |
| 2013 | 216,521 | 157,442 | 59,079 | 35.6 | 19% |
| 2014 | 173,586 | 122,722 | 50,864 | 50.7 | 13% |
| 2015 | 164,806 | 143,110 | 21,696 | 45.3 | 7% |
| 2016 | 166,460 | 157,049 | 9,411 | 40.4 | 9% |
| 2017 | 165,153 | 152,198 | 12,955 | 42.7 | 19% |
| 2018 | 192,108 | 215,753 | −23,645 | 28.8 | 57% |
| 2019 | 323,976 | 122,286 | 201,690 | 58.1 | 90% |
| 2020 | 331,199 | 121,077 | 210,122 | 67.1 | 98% |
| 2021 | 59,389 | 30,442 | 28,947 | 320.2 | 0% |
| 2022 | 230,108 | 158,129 | 71,979 | 64.9 | 15% |
| 2023 | 288,402 | 172,756 | 115,646 | 67.4 | 62% |
In its most recent public year (2023), this organization brought in $115,646 more than it spent. Its reserves stood at about 67.4 months of spending, up from 23.7 in 2011. Staff pay was 62% 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
Light Commerce 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