Memorial Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,435,226 | 5,379,846 | 55,380 | 13.7 | 31% |
| 2012 | 5,689,674 | 5,608,369 | 81,305 | 13.3 | 32% |
| 2013 | 5,410,784 | 5,324,191 | 86,593 | 14.2 | 35% |
| 2014 | 5,672,734 | 5,188,617 | 484,117 | 15.7 | 34% |
| 2015 | 5,032,500 | 5,023,706 | 8,794 | 16.3 | 36% |
| 2016 | 5,544,306 | 5,337,626 | 206,680 | 15.8 | 32% |
| 2017 | 5,730,646 | 5,509,668 | 220,978 | 15.8 | 27% |
| 2018 | 5,854,465 | 5,626,329 | 228,136 | 15.9 | 26% |
| 2019 | 5,947,594 | 5,678,147 | 269,447 | 16.3 | 29% |
| 2020 | 5,942,190 | 5,670,787 | 271,403 | 16.9 | 29% |
| 2021 | 5,778,606 | 5,520,099 | 258,507 | 18.0 | 30% |
| 2022 | 6,273,128 | 5,356,350 | 916,778 | 20.6 | 30% |
| 2023 | 6,476,716 | 6,077,536 | 399,180 | 18.8 | 28% |
In its most recent public year (2023), this organization brought in $399,180 more than it spent. Its reserves stood at about 18.8 months of spending, up from 13.7 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
Memorial 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