Gulf Winds Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 6,382,373 | 6,650,998 | −268,625 | 138.7 | 25% |
| 2019 | 40,811,222 | 35,457,592 | 5,353,630 | 28.5 | 31% |
| 2020 | 41,997,576 | 39,119,691 | 2,877,885 | 26.7 | 30% |
| 2021 | 45,342,070 | 39,287,810 | 6,054,260 | 27.3 | 32% |
| 2022 | 51,125,321 | 42,641,634 | 8,483,687 | 18.6 | 33% |
| 2023 | 63,015,859 | 55,442,538 | 7,573,321 | 16.6 | 27% |
In its most recent public year (2023), this organization brought in $7,573,321 more than it spent. Its reserves stood at about 16.6 months of spending, down from 138.7 in 2018. 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
Gulf Winds 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