Openland Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,696,925 | 22,612,385 | 1,084,540 | 138.4 | 29% |
| 2012 | 22,445,032 | 20,298,166 | 2,146,866 | 159.7 | 35% |
| 2013 | 21,276,427 | 18,752,019 | 2,524,408 | 181.6 | 39% |
| 2014 | 23,104,476 | 19,454,612 | 3,649,864 | 183.5 | 40% |
| 2015 | 25,038,602 | 21,396,059 | 3,642,543 | 183.8 | 39% |
| 2016 | 26,768,196 | 24,709,767 | 2,058,429 | 177.6 | 35% |
| 2017 | 29,883,631 | 27,181,751 | 2,701,880 | 177.0 | 34% |
| 2018 | 29,441,973 | 28,152,644 | 1,289,329 | 167.0 | 32% |
| 2019 | 31,238,390 | 29,511,258 | 1,727,132 | 167.5 | 33% |
| 2020 | 30,667,830 | 29,593,788 | 1,074,042 | 195.2 | 33% |
| 2021 | 31,243,490 | 27,351,600 | 3,891,890 | 225.0 | 5% |
| 2022 | 33,960,014 | 31,686,214 | 2,273,800 | 190.7 | 32% |
| 2023 | 41,493,216 | 39,797,840 | 1,695,376 | 157.6 | 27% |
In its most recent public year (2023), this organization brought in $1,695,376 more than it spent. Its reserves stood at about 157.6 months of spending, up from 138.4 in 2011. Staff pay was 27% 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
Openland 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