State Chartered Credit Unions In Florida
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 47,845,792 | 44,728,914 | 3,116,878 | 21.0 | 28% |
| 2021 | 46,857,921 | 39,411,572 | 7,446,349 | 25.3 | 35% |
| 2022 | 49,452,473 | 41,095,263 | 8,357,210 | 20.8 | 32% |
| 2023 | 60,956,938 | 55,069,957 | 5,886,981 | 16.9 | 24% |
In its most recent public year (2023), this organization brought in $5,886,981 more than it spent. Its reserves stood at about 16.9 months of spending, down from 21 in 2020. Staff pay was 24% 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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