Members Choice Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,668,568 | 20,309,155 | 359,413 | 18.0 | 29% |
| 2012 | 22,026,596 | 20,211,627 | 1,814,969 | 19.8 | 35% |
| 2013 | 26,251,811 | 21,570,122 | 4,681,689 | 17.6 | 33% |
| 2014 | 24,995,876 | 21,450,112 | 3,545,764 | 21.1 | 34% |
| 2015 | 26,700,696 | 22,608,373 | 4,092,323 | 21.8 | 35% |
| 2016 | 26,495,729 | 22,376,719 | 4,119,010 | 24.4 | 33% |
| 2017 | 28,101,456 | 22,925,971 | 5,175,485 | 26.9 | 35% |
| 2018 | 29,861,142 | 26,795,689 | 3,065,453 | 24.3 | 31% |
| 2019 | 31,429,565 | 31,861,737 | −432,172 | 20.7 | 28% |
| 2020 | 26,893,983 | 30,035,782 | −3,141,799 | 20.9 | 30% |
| 2021 | 28,765,001 | 29,461,596 | −696,595 | 21.0 | 28% |
| 2022 | 36,872,440 | 45,483,083 | −8,610,643 | 11.3 | 15% |
In its most recent public year (2022), this organization spent $8,610,643 more than it brought in. Its reserves stood at about 11.3 months of spending, down from 18 in 2011. Staff pay was 15% 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 2022. 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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