Northern 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 Credit Union do?▼
Northern 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 Credit Union financially healthy?▼
Based on our 9-metric Financial Health Score model, Northern 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 Credit Union generate?▼
Northern Credit Union reports $43.6M in annual revenue and holds $634.8M in total assets, based on IRS filings.
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