Illinois Educators Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,968,827 | 2,562,820 | 406,007 | 18.6 | 0% |
| 2012 | 2,819,342 | 2,642,000 | 177,342 | 18.9 | 39% |
| 2013 | 2,839,594 | 2,653,238 | 186,356 | 19.7 | 38% |
| 2014 | 3,127,670 | 2,781,895 | 345,775 | 20.2 | 39% |
| 2015 | 3,310,304 | 3,262,971 | 47,333 | 17.4 | 36% |
| 2016 | 3,366,919 | 3,031,484 | 335,435 | 20.1 | 29% |
| 2017 | 3,404,506 | 2,988,898 | 415,608 | 22.0 | 30% |
| 2018 | 3,639,970 | 2,999,469 | 640,501 | 24.5 | 32% |
| 2019 | 3,859,148 | 3,321,669 | 537,479 | 24.1 | 29% |
| 2020 | 3,496,202 | 3,023,152 | 473,050 | 28.3 | 32% |
| 2021 | 3,585,286 | 2,904,610 | 680,676 | 32.3 | 37% |
| 2022 | 5,097,247 | 3,516,595 | 1,580,652 | 36.0 | 36% |
| 2023 | 5,723,602 | 4,901,421 | 822,181 | 27.3 | 31% |
In its most recent public year (2023), this organization brought in $822,181 more than it spent. Its reserves stood at about 27.3 months of spending, up from 18.6 in 2011. Staff pay was 31% 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
Illinois Educators 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