Chicago Municipal Employees Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,159,913 | 3,075,443 | 84,470 | 20.3 | 26% |
| 2012 | 3,026,222 | 3,115,824 | −89,602 | 19.7 | 28% |
| 2013 | 2,845,018 | 2,809,198 | 35,820 | 22.8 | 33% |
| 2014 | 2,696,287 | 2,759,419 | −63,132 | 22.9 | 33% |
| 2015 | 2,551,611 | 2,686,316 | −134,705 | 22.8 | 35% |
| 2016 | 2,571,989 | 2,597,849 | −25,860 | 23.4 | 33% |
| 2017 | 2,627,050 | 2,589,724 | 37,326 | 23.9 | 32% |
| 2018 | 2,767,776 | 2,860,254 | −92,478 | 21.2 | 30% |
| 2019 | 2,674,695 | 2,986,362 | −311,667 | 19.1 | 27% |
| 2020 | 2,413,749 | 2,862,739 | −448,990 | 18.0 | 26% |
| 2021 | 3,249,858 | 2,912,433 | 337,425 | 23.2 | 22% |
| 2022 | 3,857,215 | 3,720,350 | 136,865 | 18.6 | 20% |
| 2023 | 4,006,292 | 4,654,597 | −648,305 | 7.4 | 15% |
In its most recent public year (2023), this organization spent $648,305 more than it brought in. Its reserves stood at about 7.4 months of spending, down from 20.3 in 2011. Staff pay was 15% 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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