State Chartered Credit Unions In Louisiana
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,130,464 | 2,928,593 | 201,871 | 24.0 | 28% |
| 2012 | 3,082,227 | 2,901,063 | 181,164 | 25.0 | 28% |
| 2013 | 2,866,290 | 2,644,805 | 221,485 | 28.4 | 31% |
| 2014 | 2,766,760 | 2,610,406 | 156,354 | 29.5 | 38% |
| 2015 | 2,780,945 | 3,883,887 | −1,102,942 | 16.4 | 21% |
| 2016 | 3,050,408 | 2,893,679 | 156,729 | 22.7 | 30% |
| 2017 | 3,538,562 | 3,072,835 | 465,727 | 23.2 | 29% |
| 2018 | 4,015,535 | 3,472,230 | 543,305 | 22.4 | 30% |
| 2019 | 4,358,405 | 3,849,684 | 508,721 | 21.8 | 27% |
| 2020 | 4,818,884 | 4,031,500 | 787,384 | 23.2 | 28% |
| 2021 | 7,057,832 | 5,046,764 | 2,011,068 | 23.3 | 26% |
| 2022 | 5,797,294 | 4,854,853 | 942,441 | 26.5 | 30% |
| 2023 | 6,820,440 | 6,352,630 | 467,810 | 21.2 | 27% |
In its most recent public year (2023), this organization brought in $467,810 more than it spent. Its reserves stood at about 21.2 months of spending, down from 24 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
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