L & N Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 718,548 | 696,103 | 22,445 | 32.2 | 40% |
| 2012 | 705,423 | 661,339 | 44,084 | 34.7 | 41% |
| 2013 | 695,183 | 679,515 | 15,668 | 33.3 | 39% |
| 2014 | 696,185 | 671,989 | 24,196 | 34.1 | 39% |
| 2015 | 685,901 | 642,879 | 43,022 | 36.0 | 39% |
| 2016 | 639,254 | 625,445 | 13,809 | 37.3 | 40% |
| 2017 | 596,915 | 586,569 | 10,346 | 39.9 | 36% |
| 2018 | 602,496 | 588,321 | 14,175 | 40.1 | 30% |
| 2019 | 595,202 | 572,996 | 22,206 | 41.7 | 31% |
| 2020 | 532,088 | 547,613 | −15,525 | 43.2 | 33% |
| 2021 | 513,722 | 586,097 | −72,375 | 38.9 | 35% |
| 2022 | 561,023 | 622,655 | −61,632 | 35.4 | 33% |
| 2023 | 603,931 | 601,786 | 2,145 | 36.7 | 32% |
In its most recent public year (2023), this organization brought in $2,145 more than it spent. Its reserves stood at about 36.7 months of spending, up from 32.2 in 2011. Staff pay was 32% 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
L & N 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