Truwest Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 41,811,342 | 36,491,975 | 5,319,367 | 26.2 | 29% |
| 2012 | 40,311,051 | 32,616,631 | 7,694,420 | 32.3 | 38% |
| 2013 | 44,478,077 | 36,552,190 | 7,925,887 | 30.0 | 38% |
| 2014 | 45,816,665 | 40,444,724 | 5,371,941 | 28.4 | 34% |
| 2015 | 48,513,601 | 45,063,765 | 3,449,836 | 26.2 | 35% |
| 2016 | 50,665,954 | 46,614,551 | 4,051,403 | 26.0 | 35% |
| 2017 | 56,816,269 | 51,997,232 | 4,819,037 | 24.6 | 34% |
| 2018 | 62,799,985 | 54,672,598 | 8,127,387 | 25.0 | 37% |
| 2019 | 71,602,053 | 59,293,561 | 12,308,492 | 25.2 | 37% |
| 2020 | 69,985,415 | 58,663,699 | 11,321,716 | 27.9 | 41% |
| 2021 | 64,029,017 | 52,282,209 | 11,746,808 | 32.9 | 47% |
| 2022 | 72,242,165 | 60,300,911 | 11,941,254 | 22.8 | 43% |
| 2023 | 92,658,143 | 76,945,341 | 15,712,802 | 19.4 | 34% |
In its most recent public year (2023), this organization brought in $15,712,802 more than it spent. Its reserves stood at about 19.4 months of spending, down from 26.2 in 2011. 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
Truwest Credit Union's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works