State Chartered Credit Unions In Louisiana
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,015,870 | 694,352 | 321,518 | 263.0 | 34% |
| 2013 | 1,010,574 | 660,265 | 350,309 | 293.6 | 38% |
| 2014 | 999,263 | 664,792 | 334,471 | 307.3 | 38% |
| 2015 | 961,477 | 693,160 | 268,317 | 304.2 | 37% |
| 2016 | 945,240 | 689,072 | 256,168 | 310.1 | 38% |
| 2017 | 960,575 | 712,763 | 247,812 | 294.9 | 38% |
| 2018 | 999,298 | 776,139 | 223,159 | 281.8 | 36% |
| 2019 | 1,000,461 | 762,762 | 237,699 | 296.8 | 38% |
| 2020 | 939,892 | 761,389 | 178,503 | 339.5 | 39% |
| 2021 | 862,502 | 671,224 | 191,278 | 409.4 | 44% |
| 2022 | 852,923 | 659,631 | 193,292 | 425.5 | 45% |
| 2023 | 905,142 | 744,888 | 160,254 | 358.7 | 42% |
In its most recent public year (2023), this organization brought in $160,254 more than it spent. Its reserves stood at about 358.7 months of spending, up from 263 in 2012. Staff pay was 42% of spending. $6,770,516 of its net assets are donor-restricted.
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
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