Cranston Municipal Employees Credit Union
Cranston, Rhode Island
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,235,714โ5% | $3,007,878โ56% | $83,595,085โ14% | |
| 2022 | $3,389,214โ71% | $1,932,014โ8% | $73,342,756โ4% | โ |
| 2021 | $1,978,512โ9% | $1,789,836โ16% | $70,232,096โ9% | โ |
| 2020 | $1,809,684โ17% | $1,541,474โ7% | $64,349,515โ10% | โ |
| 2019 | $2,185,466โ22% | $1,653,849โ12% | $58,283,378โ1% | โ |
| 2018 | $1,795,661โ9% | $1,475,447โ7% | $57,796,041 | โ |
| 2017 | $1,647,687โ18% | $1,374,670 | $57,736,240โ1% | โ |
| 2016 | $1,397,440โ8% | $1,374,003โ1% | $58,143,296โ4% | โ |
| 2015 | $1,516,081 | $1,357,428โ3% | $56,072,621โ1% | โ |
| 2014 | $1,518,722โ3% | $1,318,495โ9% | $55,359,319โ1% | โ |
| 2013 | $1,560,793โ8% | $1,450,556โ1% | $55,877,866 | โ |
| 2012 | $1,693,959โ15% | $1,430,433โ12% | $56,115,311โ2% | โ |
| 2011 | $1,994,941 | $1,626,557 | $55,054,402 | โ |
Frequently Asked Questions
What does Cranston Municipal Employees Credit Union do?โผ
Cranston Municipal Employees Credit Union is a public & societal benefit nonprofit organization based in Rhode Island. It is classified under NTEE code W61Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Cranston Municipal Employees Credit Union financially healthy?โผ
Based on our 9-metric Financial Health Score model, Cranston Municipal Employees Credit Union has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Cranston Municipal Employees Credit Union generate?โผ
Cranston Municipal Employees Credit Union reports $3.7M in annual revenue and holds $80.6M in total assets, based on IRS filings.
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