Deer River Cooperative Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 532,423 | 601,300 | −68,877 | 22.9 | 34% |
| 2012 | 489,728 | 500,237 | −10,509 | 27.3 | 38% |
| 2013 | 431,494 | 447,929 | −16,435 | 30.0 | 38% |
| 2014 | 475,257 | 446,925 | 28,332 | 30.9 | 37% |
| 2015 | 520,575 | 462,149 | 58,426 | 31.4 | 37% |
| 2016 | 613,361 | 520,059 | 93,302 | 30.0 | 34% |
| 2017 | 694,294 | 561,932 | 132,362 | 30.6 | 33% |
| 2018 | 769,889 | 628,804 | 141,085 | 30.1 | 31% |
| 2019 | 835,659 | 692,022 | 143,637 | 29.8 | 28% |
| 2020 | 830,587 | 730,579 | 100,008 | 29.9 | 30% |
| 2021 | 866,534 | 737,197 | 129,337 | 31.7 | 34% |
| 2022 | 903,681 | 740,671 | 163,010 | 34.2 | 34% |
| 2023 | 1,190,897 | 958,098 | 232,799 | 28.8 | 28% |
In its most recent public year (2023), this organization brought in $232,799 more than it spent. Its reserves stood at about 28.8 months of spending, up from 22.9 in 2011. Staff pay was 28% 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
Deer River Cooperative 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