Credit Unions Chartered In The State Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 937,335 | 865,881 | 71,454 | 22.4 | 28% |
| 2012 | 898,835 | 822,768 | 76,067 | 24.9 | 32% |
| 2013 | 880,014 | 783,127 | 96,887 | 27.1 | 34% |
| 2014 | 831,320 | 757,275 | 74,045 | 28.2 | 32% |
| 2015 | 873,967 | 802,803 | 71,164 | 27.7 | 34% |
| 2016 | 863,247 | 829,893 | 33,354 | 27.6 | 36% |
| 2017 | 870,119 | 820,469 | 49,650 | 27.5 | 36% |
| 2018 | 923,673 | 753,903 | 169,770 | 31.5 | 34% |
| 2019 | 1,043,671 | 839,129 | 204,542 | 34.9 | 33% |
| 2020 | 1,001,350 | 844,381 | 156,969 | 39.9 | 36% |
| 2021 | 1,009,411 | 861,776 | 147,635 | 37.1 | 38% |
| 2022 | 1,034,603 | 937,560 | 97,043 | 21.7 | 37% |
| 2023 | 1,335,568 | 1,052,705 | 282,863 | 29.1 | 33% |
In its most recent public year (2023), this organization brought in $282,863 more than it spent. Its reserves stood at about 29.1 months of spending, up from 22.4 in 2011. Staff pay was 33% 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
Credit Unions Chartered In The State Of Michigan'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