First Service Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,284,731 | 20,245,311 | 1,039,420 | 15.2 | 32% |
| 2012 | 21,833,141 | 18,075,433 | 3,757,708 | 19.8 | 35% |
| 2013 | 25,200,129 | 22,015,618 | 3,184,511 | 22.7 | 34% |
| 2014 | 30,121,910 | 24,520,338 | 5,601,572 | 24.3 | 33% |
| 2015 | 41,630,849 | 33,579,298 | 8,051,551 | 20.7 | 30% |
| 2016 | 42,839,861 | 39,228,036 | 3,611,825 | 18.7 | 28% |
| 2017 | 46,908,154 | 42,559,524 | 4,348,630 | 18.4 | 28% |
| 2018 | 48,771,790 | 42,877,936 | 5,893,854 | 19.8 | 30% |
| 2019 | 51,399,270 | 48,951,438 | 2,447,832 | 18.3 | 27% |
| 2020 | 50,262,895 | 45,112,307 | 5,150,588 | 21.4 | 30% |
| 2021 | 54,328,304 | 42,930,533 | 11,397,771 | 25.5 | 35% |
| 2022 | 71,188,784 | 61,019,978 | 10,168,806 | 26.1 | 33% |
| 2023 | 85,450,936 | 74,201,530 | 11,249,406 | 23.0 | 28% |
In its most recent public year (2023), this organization brought in $11,249,406 more than it spent. Its reserves stood at about 23 months of spending, up from 15.2 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
First Service 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