everyledgerAn index of 587,017 U.S. nonprofits · computed from public IRS filings · current through 2024

River Works Credit Union

Lynn, MA / EIN 04-6061145 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20205,106,0084,765,010340,99836.634%
20215,008,6464,515,329493,31740.037%
20224,574,1794,399,314174,86541.538%
20236,428,9705,563,055865,91534.732%

In its most recent public year (2023), this organization brought in $865,915 more than it spent. Its reserves stood at about 34.7 months of spending, down from 36.6 in 2020. Staff pay was 32% 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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