Millennium Corporate Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,826,299 | 3,336,712 | 489,587 | 4.4 | 24% |
| 2012 | 6,331,711 | 4,702,759 | 1,628,952 | 9.2 | 26% |
| 2013 | 5,702,096 | 4,420,522 | 1,281,574 | 13.2 | 27% |
| 2014 | 4,958,281 | 4,238,702 | 719,579 | 15.8 | 28% |
| 2015 | 6,422,969 | 5,205,803 | 1,217,166 | 1494.3 | 28% |
| 2016 | 9,385,254 | 7,069,333 | 2,315,921 | 1079.7 | 24% |
| 2017 | 13,491,051 | 9,691,429 | 3,799,622 | 751.6 | 19% |
| 2018 | 17,905,672 | 13,078,364 | 4,827,308 | 506.3 | 14% |
| 2019 | 23,176,830 | 17,982,744 | 5,194,086 | 544.3 | 11% |
| 2020 | 13,161,378 | 10,016,213 | 3,145,165 | 1866.3 | 23% |
| 2021 | 44,466,623 | 23,123,303 | 21,343,320 | 869.6 | 11% |
| 2022 | 50,281,305 | 33,601,669 | 16,679,636 | 314.7 | 8% |
| 2023 | 65,168,692 | 43,746,978 | 21,421,714 | 323.1 | 8% |
In its most recent public year (2023), this organization brought in $21,421,714 more than it spent. Its reserves stood at about 323.1 months of spending, up from 4.4 in 2011. Staff pay was 8% 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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