Members First Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,438,198 | 1,413,322 | 24,876 | 15.6 | 23% |
| 2012 | 1,432,990 | 1,393,746 | 39,244 | 16.1 | 24% |
| 2023 | 1,817,508 | 1,743,920 | 73,588 | 0.0 | 31% |
In its most recent public year (2023), this organization brought in $73,588 more than it spent. Its reserves stood at about 0 months of spending, down from 15.6 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
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