State Chartered Credit Unions In Louisiana
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 55,233,073 | 47,429,751 | 7,803,322 | 13.2 | 35% |
| 2021 | 59,950,337 | 49,771,220 | 10,179,117 | 15.2 | 36% |
| 2022 | 67,147,116 | 59,456,274 | 7,690,842 | 14.3 | 36% |
| 2023 | 78,349,133 | 75,013,365 | 3,335,768 | 11.4 | 31% |
In its most recent public year (2023), this organization brought in $3,335,768 more than it spent. Its reserves stood at about 11.4 months of spending, down from 13.2 in 2020. 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
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