Corda Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 16,902,569 | 14,292,987 | 2,609,582 | 22.4 | 33% |
| 2013 | 16,794,921 | 14,371,130 | 2,423,791 | 22.5 | 35% |
| 2014 | 17,436,170 | 15,103,127 | 2,333,043 | 24.0 | 33% |
| 2015 | 18,451,470 | 15,879,135 | 2,572,335 | 24.6 | 34% |
| 2016 | 19,578,706 | 16,952,459 | 2,626,247 | 24.9 | 31% |
| 2017 | 21,780,828 | 18,414,805 | 3,366,023 | 25.1 | 31% |
| 2018 | 24,046,025 | 20,792,546 | 3,253,479 | 23.8 | 29% |
| 2019 | 25,938,413 | 22,702,203 | 3,236,210 | 23.9 | 28% |
| 2020 | 25,508,049 | 21,964,113 | 3,543,936 | 26.9 | 31% |
| 2021 | 26,390,018 | 20,048,004 | 6,342,014 | 33.1 | 36% |
| 2022 | 28,754,492 | 22,785,155 | 5,969,337 | 31.5 | 28% |
| 2023 | 35,995,167 | 29,314,801 | 6,680,366 | 26.8 | 23% |
In its most recent public year (2023), this organization brought in $6,680,366 more than it spent. Its reserves stood at about 26.8 months of spending, up from 22.4 in 2012. Staff pay was 23% 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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