Gowest Credit Union Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,128,990 | 3,783,205 | 345,785 | 15.1 | 63% |
| 2012 | 4,182,050 | 4,141,814 | 40,236 | 14.0 | 37% |
| 2013 | 4,398,406 | 4,066,183 | 332,223 | 15.7 | 33% |
| 2014 | 4,694,174 | 4,144,742 | 549,432 | 17.1 | 40% |
| 2015 | 5,232,761 | 4,738,472 | 494,289 | 16.2 | 34% |
| 2016 | 5,463,987 | 4,718,013 | 745,974 | 18.2 | 39% |
| 2017 | 6,343,794 | 6,079,159 | 264,635 | 14.7 | 45% |
| 2018 | 6,515,808 | 6,455,866 | 59,942 | 18.5 | 47% |
| 2019 | 7,712,903 | 8,334,153 | −621,250 | 13.7 | 35% |
| 2020 | 7,112,685 | 6,504,876 | 607,809 | 19.4 | 44% |
| 2021 | 7,814,236 | 7,102,966 | 711,270 | 19.0 | 47% |
| 2022 | 10,488,486 | 11,538,484 | −1,049,998 | 23.2 | 38% |
| 2023 | 14,757,280 | 12,582,939 | 2,174,341 | 24.5 | 44% |
In its most recent public year (2023), this organization brought in $2,174,341 more than it spent. Its reserves stood at about 24.5 months of spending, up from 15.1 in 2011. Staff pay was 44% of spending. $2,851,470 of its net assets are donor-restricted.
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
Gowest Credit Union Association'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