Southern Energy Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 62,807,510 | 46,273,109 | 16,534,401 | 53.7 | 8% |
| 2012 | 55,909,149 | 42,942,068 | 12,967,081 | 61.6 | 11% |
| 2013 | 56,779,150 | 40,719,359 | 16,059,791 | 65.9 | 14% |
| 2014 | 62,324,490 | 42,389,160 | 19,935,330 | 71.6 | 14% |
| 2015 | 63,522,880 | 42,440,269 | 21,082,611 | 76.9 | 17% |
| 2016 | 64,652,524 | 44,443,289 | 20,209,235 | 71.2 | 15% |
| 2017 | 73,884,594 | 47,970,754 | 25,913,840 | 72.2 | 14% |
| 2018 | 82,398,540 | 56,912,477 | 25,486,063 | 64.2 | 13% |
| 2019 | 87,214,671 | 61,192,307 | 26,022,364 | 70.8 | 13% |
| 2020 | 76,503,998 | 56,771,594 | 19,732,404 | 83.4 | 15% |
| 2021 | 74,996,749 | 53,186,389 | 21,810,360 | 85.1 | 18% |
| 2022 | 88,615,377 | 62,410,992 | 26,204,385 | 25.3 | 16% |
| 2023 | 118,347,236 | 100,998,695 | 17,348,541 | 25.4 | 12% |
In its most recent public year (2023), this organization brought in $17,348,541 more than it spent. Its reserves stood at about 25.4 months of spending, down from 53.7 in 2011. Staff pay was 12% 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
Southern Energy 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