Memorial Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 540,937 | 513,922 | 27,015 | 32.5 | 61% |
| 2012 | 493,049 | 467,719 | 25,330 | 33.2 | 58% |
| 2013 | 409,296 | 434,193 | −24,897 | 35.1 | 59% |
| 2014 | 383,134 | 396,163 | −13,029 | 38.8 | 57% |
| 2015 | 380,267 | 374,888 | 5,379 | 41.3 | 58% |
| 2016 | 384,024 | 381,941 | 2,083 | 40.6 | 57% |
| 2017 | 388,097 | 380,618 | 7,479 | 40.9 | 58% |
| 2018 | 397,921 | 385,211 | 12,710 | 41.2 | 59% |
| 2019 | 407,997 | 384,883 | 23,114 | 41.4 | 62% |
| 2020 | 366,808 | 415,836 | −49,028 | 35.9 | 63% |
| 2021 | 315,980 | 430,077 | −114,097 | 31.5 | 63% |
| 2022 | 326,694 | 427,706 | −101,012 | 30.0 | 60% |
| 2023 | 382,638 | 431,697 | −49,059 | 28.1 | 58% |
In its most recent public year (2023), this organization spent $49,059 more than it brought in. Its reserves stood at about 28.1 months of spending, down from 32.5 in 2011. Staff pay was 58% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works