Educators Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,198,252 | 9,363,863 | 1,834,389 | 59.0 | 31% |
| 2012 | 10,598,445 | 8,355,249 | 2,243,196 | 69.4 | 35% |
| 2013 | 11,885,969 | 7,832,756 | 4,053,213 | 80.7 | 38% |
| 2014 | 11,441,788 | 7,757,075 | 3,684,713 | 87.1 | 39% |
| 2015 | 11,101,191 | 7,996,643 | 3,104,548 | 89.2 | 38% |
| 2016 | 10,620,451 | 8,282,808 | 2,337,643 | 89.5 | 39% |
| 2017 | 11,225,421 | 8,395,477 | 2,829,944 | 92.3 | 39% |
| 2018 | 12,675,304 | 8,511,319 | 4,163,985 | 97.0 | 38% |
| 2019 | 13,980,900 | 9,508,637 | 4,472,263 | 92.4 | 36% |
| 2020 | 13,003,577 | 9,717,042 | 3,286,535 | 94.5 | 37% |
| 2021 | 11,564,364 | 8,347,515 | 3,216,849 | 114.6 | 40% |
| 2022 | 14,604,226 | 8,559,807 | 6,044,419 | 120.3 | 39% |
| 2023 | 21,701,233 | 12,428,857 | 9,272,376 | 91.8 | 28% |
In its most recent public year (2023), this organization brought in $9,272,376 more than it spent. Its reserves stood at about 91.8 months of spending, up from 59 in 2011. Staff pay was 28% 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
Educators 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