Community Bankers Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 710,209 | 698,345 | 11,864 | 13.0 | 35% |
| 2012 | 718,834 | 701,878 | 16,956 | 13.2 | 37% |
| 2013 | 807,401 | 727,429 | 79,972 | 14.1 | 34% |
| 2014 | 838,537 | 759,914 | 78,623 | 14.7 | 35% |
| 2015 | 784,685 | 752,779 | 31,906 | 15.4 | 35% |
| 2016 | 776,755 | 869,339 | −92,584 | 12.0 | 38% |
| 2017 | 878,937 | 826,452 | 52,485 | 13.4 | 37% |
| 2018 | 1,044,635 | 972,162 | 72,473 | 12.3 | 35% |
| 2019 | 1,059,855 | 1,035,206 | 24,649 | 11.8 | 35% |
| 2020 | 864,651 | 911,166 | −46,515 | 12.8 | 43% |
| 2021 | 1,453,064 | 1,163,885 | 289,179 | 13.0 | 35% |
| 2022 | 1,190,769 | 1,111,903 | 78,866 | 14.5 | 42% |
| 2023 | 1,397,116 | 1,327,848 | 69,268 | 12.8 | 46% |
In its most recent public year (2023), this organization brought in $69,268 more than it spent. Its reserves stood at about 12.8 months of spending. Staff pay was 46% 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
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