Nutmeg State Financial Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 24,610,905 | 22,562,546 | 2,048,359 | 33.4 | 0% |
| 2019 | 29,061,614 | 25,299,709 | 3,761,905 | 32.0 | 29% |
| 2020 | 25,623,424 | 26,743,276 | −1,119,852 | 30.5 | 33% |
| 2021 | 28,973,660 | 24,674,372 | 4,299,288 | 34.8 | 38% |
| 2022 | 33,470,573 | 27,715,613 | 5,754,960 | 30.5 | 36% |
| 2023 | 34,047,640 | 31,904,625 | 2,143,015 | 27.3 | 33% |
In its most recent public year (2023), this organization brought in $2,143,015 more than it spent. Its reserves stood at about 27.3 months of spending, down from 33.4 in 2018. Staff pay was 33% 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
Nutmeg State Financial 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