Meritrust Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 50,860,050 | 43,579,922 | 7,280,128 | 20.8 | 21% |
| 2012 | 54,868,849 | 45,317,423 | 9,551,426 | 22.1 | 22% |
| 2013 | 56,367,769 | 48,426,018 | 7,941,751 | 23.0 | 24% |
| 2014 | 59,796,023 | 50,797,673 | 8,998,350 | 23.8 | 25% |
| 2015 | 62,014,451 | 54,767,403 | 7,247,048 | 23.5 | 25% |
| 2016 | 71,975,320 | 63,874,802 | 8,100,518 | 21.1 | 25% |
| 2017 | 76,992,366 | 74,397,692 | 2,594,674 | 19.0 | 24% |
| 2018 | 75,229,939 | 71,016,787 | 4,213,152 | 20.7 | 29% |
| 2019 | 48,306,293 | 44,723,169 | 3,583,124 | 33.8 | 30% |
In its most recent public year (2019), this organization brought in $3,583,124 more than it spent. Its reserves stood at about 33.8 months of spending, up from 20.8 in 2011. Staff pay was 30% 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 2019. 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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