Crow Wing Power Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,545,667 | 2,411,453 | 134,214 | 37.7 | 26% |
| 2021 | 2,549,563 | 2,113,457 | 436,106 | 45.5 | 28% |
| 2022 | 2,513,307 | 2,107,908 | 405,399 | 47.9 | 30% |
| 2023 | 3,786,281 | 3,256,521 | 529,760 | 33.0 | 21% |
In its most recent public year (2023), this organization brought in $529,760 more than it spent. Its reserves stood at about 33 months of spending, down from 37.7 in 2020. 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
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