Credit Unions In The State Of New Mexico
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,707,953 | 21,740,183 | 967,770 | 18.8 | 44% |
| 2012 | 24,054,367 | 21,537,614 | 2,516,753 | 20.4 | 38% |
| 2013 | 25,214,721 | 25,510,688 | −295,967 | 17.3 | 35% |
| 2014 | 25,000,162 | 24,496,923 | 503,239 | 18.4 | 36% |
| 2015 | 26,759,022 | 26,470,970 | 288,052 | 18.0 | 38% |
| 2016 | 27,970,252 | 28,373,962 | −403,710 | 16.7 | 37% |
| 2017 | 32,050,656 | 30,136,634 | 1,914,022 | 16.6 | 36% |
| 2018 | 35,448,974 | 32,371,231 | 3,077,743 | 16.5 | 31% |
| 2019 | 37,801,962 | 34,289,288 | 3,512,674 | 16.8 | 36% |
| 2020 | 36,248,505 | 34,243,545 | 2,004,960 | 17.6 | 36% |
| 2021 | 41,680,287 | 31,785,009 | 9,895,278 | 25.1 | 39% |
| 2022 | 50,914,383 | 43,279,543 | 7,634,840 | 18.2 | 37% |
| 2023 | 61,292,333 | 55,963,625 | 5,328,708 | 14.6 | 32% |
In its most recent public year (2023), this organization brought in $5,328,708 more than it spent. Its reserves stood at about 14.6 months of spending, down from 18.8 in 2011. Staff pay was 32% 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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