Danfoss Employees Credit Union
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $144,871 | $165,462 | −$20,591 | 19.2 | 36% |
| 2021 | $138,612 | $138,546 | $66 | 22.9 | 45% |
| 2022 | $150,110 | $143,386 | $6,724 | 22.7 | 47% |
| 2023 | $197,883 | $192,382 | $5,501 | 17.3 | 39% |
In its most recent public year (2023), this organization brought in $5,501 more than it spent. Its reserves stood at about 17.3 months of spending, down from 19.2 in 2020. 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 ↗
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