Connecticut Credit Union Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 689,935 | 646,578 | 43,357 | 41.7 | 123% |
| 2021 | 714,771 | 568,392 | 146,379 | 50.0 | 130% |
| 2022 | 551,091 | 692,519 | −141,428 | 35.0 | 110% |
| 2023 | 756,865 | 721,985 | 34,880 | 35.9 | 114% |
In its most recent public year (2023), this organization brought in $34,880 more than it spent. Its reserves stood at about 35.9 months of spending, down from 41.7 in 2020. Staff pay was 114% 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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