Rock Valley Federal Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 7,462,455 | 7,111,217 | 351,238 | 17.3 | 34% |
| 2018 | 8,366,988 | 7,685,789 | 681,199 | 17.1 | 32% |
| 2019 | 9,340,079 | 7,684,957 | 1,655,122 | 19.9 | 30% |
| 2020 | 8,722,328 | 7,251,043 | 1,471,285 | 23.7 | 29% |
| 2021 | 9,262,082 | 7,820,556 | 1,441,526 | 23.7 | 32% |
| 2022 | 10,229,890 | 8,497,661 | 1,732,229 | 21.7 | 32% |
| 2023 | 10,281,588 | 9,636,877 | 644,711 | 20.6 | 29% |
In its most recent public year (2023), this organization brought in $644,711 more than it spent. Its reserves stood at about 20.6 months of spending, up from 17.3 in 2017. Staff pay was 29% 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
Rock Valley Federal 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