North Star Community Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 16,080,655 | 14,068,524 | 2,012,131 | 39.2 | 36% |
| 2021 | 17,250,607 | 14,291,001 | 2,959,606 | 41.7 | 38% |
| 2022 | 18,211,835 | 15,110,783 | 3,101,052 | 36.9 | 39% |
| 2023 | 24,575,620 | 22,720,859 | 1,854,761 | 26.3 | 29% |
In its most recent public year (2023), this organization brought in $1,854,761 more than it spent. Its reserves stood at about 26.3 months of spending, down from 39.2 in 2020. Staff pay was 29% 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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