Hiwassee River Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 897,360 | 792,360 | 105,000 | 34.7 | 20% |
| 2012 | 897,924 | 732,607 | 165,317 | 40.3 | 23% |
| 2013 | 834,304 | 834,304 | 0 | 35.4 | 23% |
| 2014 | 776,874 | 553,318 | 223,556 | 58.2 | 31% |
| 2015 | 744,460 | 744,298 | 162 | 39.6 | 25% |
| 2016 | 782,556 | 782,336 | 220 | 37.7 | 25% |
| 2017 | 783,296 | 783,245 | 51 | 37.6 | 26% |
| 2018 | 851,896 | 851,887 | 9 | 34.6 | 18% |
| 2019 | 918,963 | 918,420 | 543 | 32.1 | 23% |
| 2020 | 791,534 | 787,235 | 4,299 | 37.5 | 29% |
| 2021 | 636,128 | 655,161 | −19,033 | 44.7 | 33% |
| 2022 | 674,430 | 600,110 | 74,320 | 50.3 | 39% |
| 2023 | 917,261 | 771,721 | 145,540 | 41.4 | 31% |
In its most recent public year (2023), this organization brought in $145,540 more than it spent. Its reserves stood at about 41.4 months of spending, up from 34.7 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
Hiwassee River 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