State Chartered Credit Unions In Louisiana
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 363,631 | 297,550 | 66,081 | 2.4 | 31% |
| 2012 | 322,320 | 270,253 | 52,067 | 2.3 | 36% |
| 2013 | 286,571 | 285,373 | 1,198 | 0.1 | 35% |
| 2014 | 283,292 | 262,177 | 21,115 | 1.0 | 39% |
| 2015 | 313,070 | 241,261 | 71,809 | 3.6 | 42% |
| 2016 | 330,981 | 308,737 | 22,244 | 0.9 | 34% |
| 2017 | 333,141 | 229,159 | 103,982 | 5.4 | 48% |
| 2018 | 385,301 | 277,645 | 107,656 | 4.7 | 40% |
| 2019 | 454,823 | 296,746 | 158,077 | 6.4 | 47% |
| 2020 | 406,071 | 258,314 | 147,757 | 6.5 | 38% |
| 2021 | 320,258 | 254,034 | 66,224 | 3.1 | 40% |
| 2022 | 332,963 | 253,650 | 79,313 | 3.8 | 40% |
| 2023 | 600,399 | 430,507 | 169,892 | 4.7 | 25% |
In its most recent public year (2023), this organization brought in $169,892 more than it spent. Its reserves stood at about 4.7 months of spending, up from 2.4 in 2011. Staff pay was 25% 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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