Lowell Firefighters Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 616,483 | 548,470 | 68,013 | 60.7 | 31% |
| 2012 | 597,598 | 531,776 | 65,822 | 64.1 | 31% |
| 2013 | 579,133 | 529,677 | 49,456 | 65.5 | 33% |
| 2014 | 596,161 | 561,291 | 34,870 | 62.5 | 34% |
| 2015 | 630,703 | 571,350 | 59,353 | 62.7 | 33% |
| 2016 | 686,524 | 654,717 | 31,807 | 55.3 | 30% |
| 2017 | 718,892 | 671,643 | 47,249 | 54.7 | 31% |
| 2018 | 759,748 | 693,769 | 65,979 | 54.1 | 29% |
| 2019 | 793,488 | 744,932 | 48,556 | 51.2 | 29% |
| 2020 | 748,990 | 722,577 | 26,413 | 53.2 | 31% |
| 2021 | 812,586 | 737,716 | 74,870 | 53.3 | 32% |
| 2022 | 945,854 | 863,910 | 81,944 | 46.7 | 28% |
| 2023 | 1,103,195 | 997,133 | 106,062 | 41.3 | 31% |
In its most recent public year (2023), this organization brought in $106,062 more than it spent. Its reserves stood at about 41.3 months of spending, down from 60.7 in 2011. Staff pay was 31% 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
Lowell Firefighters 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