Memphis City Employees Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,521,344 | 10,610,793 | 1,910,551 | 42.2 | 29% |
| 2012 | 12,254,727 | 9,928,210 | 2,326,517 | 46.5 | 34% |
| 2013 | 11,617,095 | 9,609,356 | 2,007,739 | 50.1 | 5% |
| 2014 | 12,040,864 | 9,935,418 | 2,105,446 | 50.4 | 4% |
| 2015 | 12,563,477 | 10,558,184 | 2,005,293 | 49.8 | 5% |
| 2016 | 13,132,345 | 11,257,863 | 1,874,482 | 46.9 | 5% |
| 2017 | 14,445,888 | 12,242,820 | 2,203,068 | 45.3 | 37% |
| 2018 | 16,926,900 | 14,278,131 | 2,648,769 | 41.9 | 32% |
| 2019 | 20,247,496 | 17,392,892 | 2,854,604 | 36.8 | 33% |
| 2020 | 20,584,059 | 19,043,612 | 1,540,447 | 34.4 | 30% |
| 2021 | 21,190,840 | 18,182,571 | 3,008,269 | 37.3 | 34% |
| 2022 | 23,689,199 | 20,820,305 | 2,868,894 | 29.1 | 30% |
| 2023 | 26,086,110 | 24,006,804 | 2,079,306 | 29.0 | 28% |
In its most recent public year (2023), this organization brought in $2,079,306 more than it spent. Its reserves stood at about 29 months of spending, down from 42.2 in 2011. Staff pay was 28% 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
Memphis City Employees 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