Credit Unions Chartered In The St Of Michigan Dba Up St Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,574,887 | 2,372,871 | 202,016 | 18.4 | 34% |
| 2012 | 2,528,040 | 2,247,467 | 280,573 | 21.1 | 35% |
| 2013 | 2,637,992 | 2,635,195 | 2,797 | 18.1 | 34% |
| 2014 | 2,708,391 | 2,459,950 | 248,441 | 20.7 | 35% |
| 2015 | 3,344,460 | 2,987,924 | 356,536 | 21.7 | 35% |
| 2016 | 3,942,926 | 3,441,094 | 501,832 | 20.4 | 37% |
| 2017 | 4,090,280 | 3,701,518 | 388,762 | 20.4 | 36% |
| 2018 | 4,246,725 | 3,845,229 | 401,496 | 20.6 | 35% |
| 2019 | 4,353,833 | 3,942,796 | 411,037 | 21.4 | 35% |
| 2020 | 4,360,132 | 4,030,766 | 329,366 | 21.9 | 39% |
| 2021 | 4,511,446 | 3,951,373 | 560,073 | 24.0 | 41% |
| 2022 | 5,710,994 | 4,590,742 | 1,120,252 | 29.8 | 38% |
| 2023 | 7,471,309 | 5,480,516 | 1,990,793 | 29.3 | 38% |
In its most recent public year (2023), this organization brought in $1,990,793 more than it spent. Its reserves stood at about 29.3 months of spending, up from 18.4 in 2011. Staff pay was 38% 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 St Of Michigan Dba Up St 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