Louisiana Corp Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,098,550 | 2,050,577 | 47,973 | 23.2 | 20% |
| 2012 | 2,231,362 | 1,828,130 | 403,232 | 36.3 | 31% |
| 2013 | 2,310,134 | 1,709,835 | 600,299 | 39.9 | 30% |
| 2014 | 1,613,406 | 1,539,039 | 74,367 | 47.5 | 29% |
| 2015 | 1,644,648 | 1,566,483 | 78,165 | 41.9 | 26% |
| 2016 | 2,592,006 | 1,877,222 | 714,784 | 44.3 | 21% |
| 2017 | 2,914,795 | 2,501,353 | 413,442 | 37.2 | 12% |
| 2018 | 3,725,369 | 3,359,387 | 365,982 | 29.7 | 10% |
| 2019 | 3,970,080 | 3,390,063 | 580,017 | 32.1 | 10% |
| 2020 | 2,252,248 | 2,032,744 | 219,504 | 59.9 | 17% |
| 2021 | 5,071,409 | 1,883,387 | 3,188,022 | 87.1 | 30% |
| 2022 | 6,131,367 | 4,252,245 | 1,879,122 | 41.2 | 13% |
| 2023 | 9,492,747 | 8,432,164 | 1,060,583 | 19.8 | 9% |
In its most recent public year (2023), this organization brought in $1,060,583 more than it spent. Its reserves stood at about 19.8 months of spending, down from 23.2 in 2011. Staff pay was 9% 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
Louisiana Corp 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