Alden Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,962,420 | 4,203,589 | −241,169 | 31.8 | 30% |
| 2012 | 4,753,178 | 4,361,230 | 391,948 | 32.0 | 29% |
| 2013 | 5,926,595 | 5,457,706 | 468,889 | 22.2 | 30% |
| 2014 | 7,102,450 | 6,578,688 | 523,762 | 22.0 | 27% |
| 2015 | 7,356,177 | 7,128,344 | 227,833 | 21.4 | 27% |
| 2016 | 7,755,505 | 7,495,820 | 259,685 | 18.0 | 24% |
| 2017 | 7,540,254 | 7,774,164 | −233,910 | 16.9 | 24% |
| 2018 | 7,234,011 | 7,035,052 | 198,959 | 18.0 | 25% |
| 2019 | 7,187,269 | 6,634,971 | 552,298 | 23.6 | 29% |
| 2020 | 7,027,622 | 6,295,921 | 731,701 | 27.4 | 28% |
| 2021 | 6,700,901 | 5,648,519 | 1,052,382 | 31.1 | 31% |
| 2022 | 7,263,216 | 6,221,885 | 1,041,331 | 20.7 | 30% |
| 2023 | 8,264,319 | 7,868,875 | 395,444 | 17.3 | 21% |
In its most recent public year (2023), this organization brought in $395,444 more than it spent. Its reserves stood at about 17.3 months of spending, down from 31.8 in 2011. Staff pay was 21% 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
Alden 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