Members First Community Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,511,997 | 1,769,683 | 742,314 | 26.5 | 30% |
| 2012 | 2,569,646 | 1,734,504 | 835,142 | 32.8 | 35% |
| 2013 | 2,679,932 | 1,894,870 | 785,062 | 35.0 | 35% |
| 2014 | 3,599,260 | 2,015,170 | 1,584,090 | 42.3 | 35% |
| 2015 | 3,264,534 | 2,478,778 | 785,756 | 38.2 | 37% |
| 2016 | 3,762,097 | 2,681,479 | 1,080,618 | 40.2 | 38% |
| 2017 | 4,191,119 | 2,995,087 | 1,196,032 | 40.7 | 36% |
| 2018 | 4,904,509 | 3,468,812 | 1,435,697 | 42.0 | 35% |
| 2019 | 6,344,824 | 3,943,910 | 2,400,914 | 44.3 | 37% |
| 2020 | 5,637,531 | 3,738,871 | 1,898,660 | 52.8 | 32% |
| 2021 | 5,680,983 | 3,609,728 | 2,071,255 | 61.6 | 30% |
| 2022 | 6,220,531 | 4,133,941 | 2,086,590 | 59.8 | 37% |
| 2023 | 7,137,710 | 4,399,920 | 2,737,790 | 63.7 | 37% |
In its most recent public year (2023), this organization brought in $2,737,790 more than it spent. Its reserves stood at about 63.7 months of spending, up from 26.5 in 2011. Staff pay was 37% 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
Members First Community 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