Me Credit Union League Ins Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,860,085 | 4,393,212 | 1,466,873 | 3.9 | 0% |
| 2021 | 6,063,656 | 4,967,441 | 1,096,215 | 6.4 | 0% |
| 2022 | 6,458,602 | 7,059,752 | −601,150 | 3.5 | 0% |
| 2023 | 7,902,217 | 9,639,669 | −1,737,452 | 0.3 | 0% |
| 2024 | 8,493,286 | 7,573,386 | 919,900 | 1.8 | 0% |
In its most recent public year (2024), this organization brought in $919,900 more than it spent. Its reserves stood at about 1.8 months of spending, down from 3.9 in 2020. Staff pay was 0% 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 2024. 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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