Mobile Educators Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,554,156 | 3,476,308 | 77,848 | 23.4 | 23% |
| 2012 | 3,421,795 | 3,160,863 | 260,932 | 26.9 | 26% |
| 2013 | 3,144,398 | 2,922,291 | 222,107 | 29.5 | 27% |
| 2014 | 3,040,637 | 2,743,999 | 296,638 | 33.0 | 29% |
| 2015 | 2,992,719 | 2,777,346 | 215,373 | 33.1 | 30% |
| 2016 | 3,053,432 | 2,670,236 | 383,196 | 35.8 | 30% |
| 2017 | 3,029,435 | 2,673,153 | 356,282 | 37.0 | 30% |
| 2018 | 3,248,656 | 2,594,334 | 654,322 | 40.4 | 30% |
| 2019 | 3,389,236 | 2,673,409 | 715,827 | 43.4 | 32% |
| 2020 | 2,955,649 | 2,571,472 | 384,177 | 47.8 | 31% |
| 2021 | 2,821,272 | 2,606,372 | 214,900 | 47.7 | 29% |
| 2022 | 3,200,193 | 2,671,617 | 528,576 | 45.9 | 28% |
| 2023 | 4,091,498 | 3,174,368 | 917,130 | 42.2 | 27% |
In its most recent public year (2023), this organization brought in $917,130 more than it spent. Its reserves stood at about 42.2 months of spending, up from 23.4 in 2011. Staff pay was 27% 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
Mobile Educators 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