Members First Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,770,910 | 4,262,874 | 1,508,036 | 269.1 | 29% |
| 2012 | 5,811,016 | 4,486,417 | 1,324,599 | 266.6 | 30% |
| 2013 | 6,075,327 | 4,738,515 | 1,336,812 | 270.5 | 30% |
| 2014 | 6,143,312 | 4,485,815 | 1,657,497 | 300.2 | 32% |
| 2015 | 6,361,282 | 4,835,836 | 1,525,446 | 289.6 | 31% |
| 2016 | 6,383,494 | 5,278,572 | 1,104,922 | 282.5 | 32% |
| 2017 | 6,381,283 | 5,047,940 | 1,333,343 | 303.4 | 31% |
| 2018 | 6,874,634 | 5,183,324 | 1,691,310 | 292.1 | 32% |
| 2019 | 7,192,820 | 4,693,350 | 2,499,470 | 330.9 | 34% |
| 2020 | 6,696,514 | 4,436,674 | 2,259,840 | 405.7 | 36% |
| 2021 | 7,108,713 | 4,476,194 | 2,632,519 | 454.7 | 37% |
| 2022 | 7,706,314 | 5,022,619 | 2,683,695 | 411.2 | 39% |
| 2023 | 9,038,151 | 6,387,846 | 2,650,305 | 69.9 | 32% |
In its most recent public year (2023), this organization brought in $2,650,305 more than it spent. Its reserves stood at about 69.9 months of spending, down from 269.1 in 2011. Staff pay was 32% 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
Members First 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