EMPLOYEE RESOURCES CREDIT UNION
Pub 78

EMPLOYEE RESOURCES CREDIT UNION
Pub 78

Lawrenceburg, TN, US
501(c)
EIN
62-0714058
Subordinate Organization

EMPLOYEE RESOURCES CREDIT UNION
Pub 78

Lawrenceburg, TN, US
501(c)
EIN
62-0714058
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$10,686,105

Program Services
89%
Investments
9%
Other
1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$9,650,280

Salaries & Benefits
35%
Interest
34%
Other
20%
Offices, Occupancy & IT
11%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$8,148,855
$9,542,340
+17%
Membership Dues
$0
$0
-
Investments
$259,057
$990,802
+282%
Other
$265,354
$152,963
-42%
Total Revenues
$8,673,266
$10,686,105
+23%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,280,357
$3,375,403
+48%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,419,720
$1,051,070
-26%
Interest
$1,689,320
$3,316,324
+96%
Depreciation
$0
$0
-
Other
$1,347,370
$1,907,483
+42%
Total Expenses
$6,736,767
$9,650,280
+43%
Net income
2023
2024
Change
Net income
+$1,936,499
+$1,035,825
-47%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$6,736,767
$9,650,280
+43%
Fundraising
$0
$0
-
Total Expenses
$6,736,767
$9,650,280
+43%
Income Statement
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