Employee Resources Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,211,338 | 1,880,698 | 330,640 | 28.8 | 24% |
| 2012 | 2,845,285 | 2,210,801 | 634,484 | 28.5 | 12% |
| 2013 | 3,730,237 | 3,300,354 | 429,883 | 20.7 | 21% |
| 2014 | 4,256,578 | 3,804,130 | 452,448 | 19.3 | 22% |
| 2015 | 5,351,467 | 4,966,617 | 384,850 | 15.7 | 21% |
| 2016 | 5,932,393 | 5,514,102 | 418,291 | 15.3 | 22% |
| 2017 | 5,835,422 | 5,834,948 | 474 | 14.4 | 21% |
| 2018 | 5,749,449 | 5,595,175 | 154,274 | 15.2 | 25% |
| 2019 | 6,020,094 | 5,343,037 | 677,057 | 17.5 | 28% |
| 2020 | 6,163,142 | 5,547,967 | 615,175 | 18.1 | 29% |
| 2021 | 6,303,073 | 5,325,362 | 977,711 | 25.2 | 30% |
| 2022 | 7,210,233 | 5,742,633 | 1,467,600 | 27.4 | 33% |
| 2023 | 8,673,266 | 6,736,767 | 1,936,499 | 26.7 | 31% |
In its most recent public year (2023), this organization brought in $1,936,499 more than it spent. Its reserves stood at about 26.7 months of spending, down from 28.8 in 2011. Staff pay was 31% 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
Employee Resources 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