Duluth Police Department Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 274,417 | 233,361 | 41,056 | 0.0 | 25% |
| 2012 | 244,280 | 211,989 | 32,291 | 0.0 | 28% |
| 2013 | 228,763 | 205,516 | 23,247 | 582.4 | 30% |
| 2014 | 248,409 | 193,544 | 54,865 | 0.0 | 32% |
| 2015 | 224,057 | 187,874 | 36,183 | 0.0 | 34% |
| 2016 | 238,053 | 171,579 | 66,474 | 0.0 | 38% |
| 2017 | 246,603 | 204,318 | 42,285 | 0.0 | 32% |
| 2018 | 281,890 | 198,563 | 83,327 | 0.0 | 33% |
| 2019 | 287,808 | 225,501 | 62,307 | 0.0 | 32% |
| 2020 | 285,380 | 185,115 | 100,265 | 92.6 | 37% |
| 2021 | 280,587 | 178,225 | 102,362 | 103.0 | 39% |
| 2022 | 226,691 | 176,557 | 50,134 | 107.4 | 42% |
| 2023 | 221,527 | 194,938 | 26,589 | 98.9 | 39% |
In its most recent public year (2023), this organization brought in $26,589 more than it spent. Its reserves stood at about 98.9 months of spending, up from 0 in 2011. Staff pay was 39% 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
Duluth Police Department 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