Credit Unions In State Of Arizona
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 45,503,288 | 39,317,097 | 6,186,191 | 27.4 | 35% |
| 2021 | 47,143,966 | 38,979,860 | 8,164,106 | 30.0 | 37% |
| 2022 | 55,137,534 | 40,867,916 | 14,269,618 | 30.3 | 33% |
| 2023 | 73,825,794 | 60,343,158 | 13,482,636 | 23.0 | 27% |
In its most recent public year (2023), this organization brought in $13,482,636 more than it spent. Its reserves stood at about 23 months of spending, down from 27.4 in 2020. Staff pay was 27% 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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