Mid American Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,870,778 | 9,220,062 | 2,650,716 | 20.8 | 29% |
| 2012 | 12,357,758 | 9,936,119 | 2,421,639 | 22.2 | 30% |
| 2013 | 13,445,491 | 11,702,278 | 1,743,213 | 20.6 | 29% |
| 2014 | 14,662,982 | 12,940,568 | 1,722,414 | 20.3 | 28% |
| 2015 | 16,208,086 | 14,539,598 | 1,668,488 | 20.7 | 29% |
| 2016 | 17,706,278 | 16,524,021 | 1,182,257 | 19.5 | 27% |
| 2017 | 18,591,662 | 17,427,005 | 1,164,657 | 19.3 | 28% |
| 2018 | 19,686,555 | 18,173,106 | 1,513,449 | 19.5 | 28% |
| 2019 | 20,687,822 | 18,687,730 | 2,000,092 | 20.3 | 27% |
| 2020 | 21,440,709 | 19,502,504 | 1,938,205 | 20.6 | 27% |
| 2021 | 22,939,489 | 18,713,143 | 4,226,346 | 24.2 | 36% |
| 2022 | 22,689,935 | 19,831,004 | 2,858,931 | 24.5 | 29% |
| 2023 | 26,249,937 | 24,516,683 | 1,733,254 | 20.0 | 27% |
In its most recent public year (2023), this organization brought in $1,733,254 more than it spent. Its reserves stood at about 20 months of spending. Staff pay was 27% 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
Mid American Credit Union's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works