Massachusetts Credit Union Share Insurance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,263,252 | 12,337,301 | −9,074,049 | 57.2 | 8% |
| 2012 | 3,286,887 | 2,374,334 | 912,553 | 301.1 | 48% |
| 2013 | 2,857,667 | 2,407,449 | 450,218 | 287.1 | 47% |
| 2014 | 2,615,154 | 2,472,201 | 142,953 | 284.0 | 38% |
| 2015 | 4,255,843 | 3,011,558 | 1,244,285 | 243.0 | 38% |
| 2016 | 4,176,407 | 3,670,416 | 505,991 | 200.5 | 37% |
| 2017 | 5,330,172 | 4,934,857 | 395,315 | 148.0 | 34% |
| 2018 | 6,045,767 | 5,701,230 | 344,537 | 122.3 | 27% |
| 2019 | 7,009,240 | 6,487,449 | 521,791 | 116.0 | 26% |
| 2020 | 8,435,820 | 7,503,163 | 932,657 | 101.5 | 28% |
| 2021 | 8,027,079 | 8,769,446 | −742,367 | 85.5 | 22% |
| 2022 | 6,906,491 | 6,772,976 | 133,515 | 101.8 | 23% |
| 2023 | 4,771,301 | 5,507,611 | −736,310 | 127.0 | 34% |
In its most recent public year (2023), this organization spent $736,310 more than it brought in. Its reserves stood at about 127 months of spending, up from 57.2 in 2011. Staff pay was 34% 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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