Credit Unions Chartered In The State Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 955,431 | 1,005,449 | −50,018 | 11.7 | 23% |
| 2012 | 1,021,120 | 859,445 | 161,675 | 15.9 | 26% |
| 2014 | 930,921 | 862,675 | 68,246 | 19.2 | 30% |
| 2015 | 1,093,853 | 873,555 | 220,298 | 22.0 | 37% |
| 2016 | 1,219,764 | 1,282,467 | −62,703 | 14.4 | 24% |
| 2017 | 1,160,316 | 1,056,841 | 103,475 | 18.5 | 31% |
| 2018 | 1,229,491 | 1,084,600 | 144,891 | 19.4 | 34% |
| 2019 | 1,461,371 | 1,401,364 | 60,007 | 16.1 | 29% |
| 2020 | 1,438,398 | 1,322,579 | 115,819 | 18.2 | 24% |
| 2021 | 1,485,765 | 1,315,822 | 169,943 | 19.8 | 27% |
| 2022 | 1,722,570 | 1,647,583 | 74,987 | 16.4 | 28% |
| 2023 | 2,148,340 | 2,097,667 | 50,673 | 12.9 | 17% |
In its most recent public year (2023), this organization brought in $50,673 more than it spent. Its reserves stood at about 12.9 months of spending, up from 11.7 in 2011. Staff pay was 17% 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