Credit Unions Chartered In The State Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 918,854 | 898,854 | 20,000 | 194.3 | 37% |
| 2012 | 896,088 | 848,239 | 47,849 | 216.3 | 38% |
| 2014 | 1,108,343 | 914,322 | 194,021 | 239.8 | 38% |
| 2015 | 1,429,021 | 1,161,291 | 267,730 | 224.9 | 32% |
| 2016 | 1,797,593 | 1,490,386 | 307,207 | 193.8 | 33% |
| 2017 | 2,010,405 | 1,710,114 | 300,291 | 188.6 | 33% |
| 2018 | 2,372,261 | 2,108,924 | 263,337 | 181.9 | 32% |
| 2019 | 2,683,331 | 2,471,741 | 211,590 | 177.4 | 32% |
| 2020 | 2,888,362 | 2,480,974 | 407,388 | 237.3 | 34% |
| 2021 | 3,194,033 | 2,616,392 | 577,641 | 18.6 | 34% |
| 2022 | 3,716,743 | 3,046,728 | 670,015 | 18.7 | 30% |
| 2023 | 4,560,985 | 3,714,205 | 846,780 | 17.7 | 31% |
In its most recent public year (2023), this organization brought in $846,780 more than it spent. Its reserves stood at about 17.7 months of spending, down from 194.3 in 2011. Staff pay was 31% 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