Northern Communities Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,098,413 | 3,991,353 | 107,060 | 17.0 | 35% |
| 2012 | 4,092,882 | 4,073,910 | 18,972 | 16.7 | 35% |
| 2013 | 3,583,432 | 3,560,145 | 23,287 | 19.2 | 35% |
| 2014 | 3,571,501 | 4,139,858 | −568,357 | 14.9 | 31% |
| 2015 | 3,617,270 | 3,586,928 | 30,342 | 17.3 | 32% |
| 2016 | 3,507,178 | 3,393,175 | 114,003 | 18.7 | 32% |
| 2017 | 3,623,610 | 3,161,020 | 462,590 | 21.8 | 32% |
| 2018 | 3,985,809 | 3,107,898 | 877,911 | 25.5 | 33% |
| 2019 | 4,305,352 | 3,324,208 | 981,144 | 27.4 | 34% |
| 2020 | 4,233,203 | 3,435,385 | 797,818 | 29.3 | 35% |
| 2021 | 4,585,811 | 3,557,760 | 1,028,051 | 31.8 | 36% |
| 2022 | 4,887,350 | 4,164,127 | 723,223 | 29.2 | 32% |
| 2023 | 6,189,475 | 5,066,076 | 1,123,399 | 26.3 | 30% |
In its most recent public year (2023), this organization brought in $1,123,399 more than it spent. Its reserves stood at about 26.3 months of spending, up from 17 in 2011. Staff pay was 30% 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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