Members Choice Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,008,871 | 7,279,994 | 728,877 | 24.9 | 18% |
| 2012 | 8,606,923 | 6,764,031 | 1,842,892 | 30.1 | 20% |
| 2013 | 8,862,133 | 6,625,987 | 2,236,146 | 34.7 | 22% |
| 2014 | 9,668,234 | 8,041,838 | 1,626,396 | 31.1 | 20% |
| 2015 | 10,580,709 | 8,250,113 | 2,330,596 | 33.7 | 20% |
| 2016 | 10,606,403 | 10,177,765 | 428,638 | 27.8 | 17% |
| 2017 | 10,581,772 | 10,041,660 | 540,112 | 28.8 | 18% |
| 2018 | 11,359,681 | 10,053,862 | 1,305,819 | 29.3 | 22% |
| 2019 | 12,264,781 | 10,397,714 | 1,867,067 | 31.5 | 23% |
| 2020 | 12,047,036 | 10,864,612 | 1,182,424 | 31.7 | 22% |
| 2021 | 13,811,738 | 11,305,183 | 2,506,555 | 33.2 | 23% |
| 2022 | 16,240,826 | 14,364,309 | 1,876,517 | 24.3 | 23% |
| 2023 | 21,048,521 | 22,892,460 | −1,843,939 | 15.2 | 19% |
In its most recent public year (2023), this organization spent $1,843,939 more than it brought in. Its reserves stood at about 15.2 months of spending, down from 24.9 in 2011. Staff pay was 19% of spending. $2,029,938 of its net assets are donor-restricted.
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
Members Choice 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