State Employees Credit Union Of Maryland Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 124,991,303 | 110,476,647 | 14,514,656 | 24.1 | 23% |
| 2012 | 134,479,544 | 108,792,036 | 25,687,508 | 28.0 | 24% |
| 2013 | 132,137,476 | 111,947,149 | 20,190,327 | 28.1 | 23% |
| 2014 | 125,280,444 | 110,236,486 | 15,043,958 | 30.7 | 23% |
| 2015 | 129,190,793 | 113,982,467 | 15,208,326 | 31.4 | 21% |
| 2016 | 142,919,166 | 125,547,372 | 17,371,794 | 30.1 | 20% |
| 2017 | 158,548,153 | 139,903,340 | 18,644,813 | 28.6 | 19% |
| 2018 | 193,467,339 | 171,626,298 | 21,841,041 | 24.8 | 16% |
| 2019 | 207,778,944 | 188,108,459 | 19,670,485 | 23.9 | 17% |
| 2020 | 188,419,523 | 172,560,513 | 15,859,010 | 27.8 | 19% |
| 2021 | 183,163,683 | 153,156,624 | 30,007,059 | 31.9 | 18% |
| 2022 | 216,273,782 | 174,014,189 | 42,259,593 | 25.4 | 19% |
| 2023 | 285,494,724 | 232,565,770 | 52,928,954 | 21.4 | 17% |
In its most recent public year (2023), this organization brought in $52,928,954 more than it spent. Its reserves stood at about 21.4 months of spending, down from 24.1 in 2011. Staff pay was 17% 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
State Employees Credit Union Of Maryland Inc'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