Northern Federal Credit Union
Watertown, New York
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $41,068,256↑21% | $39,223,945↑28% | $602,800,529↑1% | — |
| 2022 | $33,941,010↑8% | $30,587,809↑18% | $598,798,438↑38% | — |
| 2021 | $31,512,409↑28% | $25,901,041↑14% | $435,001,865↑19% | — |
| 2020 | $24,703,645↑410% | $22,684,367↑393% | $364,371,821↑44% | — |
| 2019 | $4,846,311 | $4,597,902 | $253,329,740 | — |
Frequently Asked Questions
What does Northern Federal Credit Union do?▼
Northern Federal Credit Union is a public & societal benefit nonprofit organization based in New York. It is classified under NTEE code W61 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northern Federal Credit Union financially healthy?▼
Based on our 9-metric Financial Health Score model, Northern Federal Credit Union has a score of 87/100 (Grade: A). 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 Northern Federal Credit Union generate?▼
Northern Federal Credit Union reports $43.6M in annual revenue and holds $634.8M in total assets, based on IRS filings.
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