Salal Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 18,627,282 | 17,113,154 | 1,514,128 | 22.1 | 29% |
| 2012 | 19,203,250 | 16,925,654 | 2,277,596 | 24.0 | 3% |
| 2013 | 18,163,869 | 17,727,276 | 436,593 | 21.9 | 36% |
| 2014 | 19,800,009 | 18,499,274 | 1,300,735 | 22.4 | 37% |
| 2015 | 25,633,125 | 20,386,744 | 5,246,381 | 23.0 | 39% |
| 2016 | 26,017,785 | 21,994,794 | 4,022,991 | 23.6 | 43% |
| 2017 | 35,930,014 | 24,910,783 | 11,019,231 | 26.1 | 42% |
| 2018 | 34,926,129 | 30,673,939 | 4,252,190 | 22.8 | 39% |
| 2019 | 45,513,964 | 36,077,128 | 9,436,836 | 22.6 | 40% |
| 2020 | 52,975,542 | 43,765,501 | 9,210,041 | 21.6 | 44% |
| 2021 | 53,428,759 | 44,265,058 | 9,163,701 | 23.3 | 46% |
| 2022 | 63,361,594 | 57,114,018 | 6,247,576 | 16.6 | 40% |
| 2023 | 74,965,948 | 68,206,763 | 6,759,185 | 15.6 | 35% |
In its most recent public year (2023), this organization brought in $6,759,185 more than it spent. Its reserves stood at about 15.6 months of spending, down from 22.1 in 2011. Staff pay was 35% 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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