Seattle Metropolitan Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 29,162,106 | 28,238,435 | 923,671 | 19.5 | 27% |
| 2012 | 28,652,650 | 24,990,444 | 3,662,206 | 23.8 | 33% |
| 2014 | 33,762,540 | 23,997,947 | 9,764,593 | 31.9 | 35% |
| 2015 | 30,782,893 | 26,644,304 | 4,138,589 | 30.4 | 37% |
| 2016 | 33,570,756 | 31,627,107 | 1,943,649 | 26.1 | 33% |
| 2017 | 38,858,484 | 38,229,652 | 628,832 | 21.9 | 33% |
| 2018 | 41,364,422 | 39,197,170 | 2,167,252 | 22.1 | 28% |
| 2019 | 43,488,749 | 41,177,440 | 2,311,309 | 22.3 | 29% |
| 2020 | 43,119,344 | 40,661,754 | 2,457,590 | 23.7 | 30% |
| 2021 | 41,882,424 | 42,352,157 | −469,733 | 22.1 | 30% |
| 2022 | 48,414,512 | 43,097,250 | 5,317,262 | 19.7 | 33% |
| 2023 | 57,735,407 | 57,344,108 | 391,299 | 15.0 | 29% |
In its most recent public year (2023), this organization brought in $391,299 more than it spent. Its reserves stood at about 15 months of spending, down from 19.5 in 2011. Staff pay was 29% 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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