Credit Unions Chartered In The State Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 154,735 | 115,368 | 39,367 | 610.0 | 35% |
| 2012 | 126,690 | 93,098 | 33,592 | 747.6 | 43% |
| 2013 | 117,916 | 93,745 | 24,171 | 763.0 | 0% |
| 2014 | 114,116 | 87,997 | 26,119 | 789.7 | 42% |
| 2015 | 135,962 | 87,456 | 48,506 | 788.2 | 0% |
| 2016 | 125,937 | 100,152 | 25,785 | 732.6 | 38% |
| 2017 | 142,049 | 104,967 | 37,082 | 696.2 | 37% |
| 2018 | 153,296 | 125,647 | 27,649 | 565.3 | 32% |
| 2019 | 172,253 | 130,840 | 41,413 | 585.4 | 32% |
| 2020 | 174,525 | 112,685 | 61,840 | 755.4 | 38% |
| 2021 | 152,920 | 84,571 | 68,349 | 1144.1 | 52% |
| 2022 | 146,117 | 113,617 | 32,500 | 785.2 | 40% |
| 2023 | 235,862 | 209,353 | 26,509 | 379.4 | 26% |
In its most recent public year (2023), this organization brought in $26,509 more than it spent. Its reserves stood at about 379.4 months of spending, down from 610 in 2011. Staff pay was 26% 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