Operating record

Minnesota Credit Union Foundation Inc

Saint Paul, MN · EIN 04-3740017 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$211,586$221,268−$9,68214.10%
2021$425,621$163,083$262,53838.50%
2022$607,518$261,731$345,78739.80%
2023$462,196$261,194$201,00249.10%

In its most recent public year (2023), this organization brought in $201,002 more than it spent. Its reserves stood at about 49.1 months of spending, up from 14.1 in 2020. Staff pay was 0% of spending. $777,973 of its net assets are donor-restricted.

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 ↗