Iowa Credit Union League
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,817,444 | 4,827,348 | −2,009,904 | 272.0 | 9% |
| 2021 | 1,308,674 | 3,821,975 | −2,513,301 | 330.1 | 8% |
| 2022 | 1,695,127 | 4,382,938 | −2,687,811 | 242.0 | 9% |
| 2023 | 1,617,276 | 4,444,811 | −2,827,535 | 237.9 | 10% |
In its most recent public year (2023), this organization spent $2,827,535 more than it brought in. Its reserves stood at about 237.9 months of spending, down from 272 in 2020. Staff pay was 10% 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
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