Operating record

Connecticut State Employees Credit Union Inc

Hartford, CT · EIN 06-0663293 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$38,097,214$29,216,730$8,880,48468.216%
2021$34,343,368$23,602,914$10,740,45490.519%
2022$49,632,833$34,754,840$14,877,99367.014%
2023$74,277,559$68,492,690$5,784,86935.27%

In its most recent public year (2023), this organization brought in $5,784,869 more than it spent. Its reserves stood at about 35.2 months of spending, down from 68.2 in 2020. Staff pay was 7% 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 ↗