Credit Union Chartered In The State Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,120,838 | 1,996,668 | 124,170 | 24.2 | 34% |
| 2012 | 2,047,602 | 2,030,959 | 16,643 | 23.9 | 36% |
| 2013 | 2,044,045 | 2,080,003 | −35,958 | 23.2 | 35% |
| 2014 | 1,970,718 | 1,903,957 | 66,761 | 25.7 | 39% |
| 2015 | 1,955,955 | 1,933,881 | 22,074 | 25.5 | 41% |
| 2016 | 2,273,795 | 2,016,229 | 257,566 | 25.9 | 40% |
| 2017 | 2,573,650 | 2,340,086 | 233,564 | 23.6 | 36% |
| 2018 | 2,813,460 | 2,391,149 | 422,311 | 25.2 | 37% |
| 2019 | 3,088,747 | 2,501,045 | 587,702 | 26.9 | 37% |
| 2020 | 3,149,313 | 2,680,370 | 468,943 | 27.2 | 37% |
| 2021 | 3,214,138 | 2,598,699 | 615,439 | 30.9 | 40% |
| 2022 | 3,505,118 | 2,944,229 | 560,889 | 29.5 | 41% |
| 2023 | 3,827,815 | 3,337,276 | 490,539 | 27.6 | 35% |
In its most recent public year (2023), this organization brought in $490,539 more than it spent. Its reserves stood at about 27.6 months of spending, up from 24.2 in 2011. Staff pay was 35% 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 Union 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