Credit Unions In The State Of Arizona
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,832,403 | 7,834,901 | 997,502 | 309.3 | 41% |
| 2021 | 8,635,618 | 7,518,258 | 1,117,360 | 383.6 | 43% |
| 2022 | 10,321,261 | 8,507,187 | 1,814,074 | 351.8 | 40% |
| 2023 | 13,305,523 | 10,755,218 | 2,550,305 | 262.1 | 34% |
In its most recent public year (2023), this organization brought in $2,550,305 more than it spent. Its reserves stood at about 262.1 months of spending, down from 309.3 in 2020. Staff pay was 34% 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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