Fall River Municipal Employees Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,367,503 | 11,750,546 | −3,383,043 | 31.7 | 21% |
| 2012 | 8,032,525 | 14,544,006 | −6,511,481 | 19.8 | 17% |
| 2013 | 7,293,187 | 7,040,220 | 252,967 | 36.5 | 35% |
| 2014 | 7,376,879 | 6,829,135 | 547,744 | 41.6 | 33% |
| 2015 | 6,817,891 | 6,600,512 | 217,379 | 42.1 | 34% |
| 2016 | 6,925,195 | 6,551,825 | 373,370 | 43.1 | 34% |
| 2017 | 7,093,021 | 6,791,217 | 301,804 | 42.3 | 33% |
| 2018 | 8,141,486 | 7,023,354 | 1,118,132 | 40.2 | 33% |
| 2019 | 8,061,760 | 7,654,534 | 407,226 | 40.3 | 30% |
| 2020 | 7,970,095 | 7,647,801 | 322,294 | 42.3 | 31% |
| 2021 | 6,823,270 | 6,447,620 | 375,650 | 50.0 | 38% |
| 2022 | 7,203,621 | 6,407,076 | 796,545 | 30.5 | 41% |
| 2023 | 9,717,486 | 9,561,121 | 156,365 | 24.1 | 30% |
In its most recent public year (2023), this organization brought in $156,365 more than it spent. Its reserves stood at about 24.1 months of spending, down from 31.7 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
Fall River Municipal Employees 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