Salem School System Credit Union
Salem, Illinois
BHealth Score
55B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$108K
Total Revenue
📊
$63K
Total Expenses
🏦
$623K
Net Assets
📋
$1.4M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+31.9%
Year-over-year change (2022 → 2023)
Net Margin
+41.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.89
Net assets divided by total expenses
Liabilities-to-Assets
69.4%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $108,160↑32% | $63,021↑1% | $2,036,312↓8% | |
| 2022 | $81,996↓2% | $62,133↑4% | $2,201,593↓4% | — |
| 2021 | $83,303↓5% | $59,745↑2% | $2,284,147↑20% | — |
| 2020 | $87,325↑3% | $58,398↑4% | $1,904,748↑1% | — |
| 2019 | $84,409↑1% | $55,919↓6% | $1,882,217↓4% | — |
| 2018 | $83,655↑7% | $59,408↓3% | $1,969,284↓7% | — |
| 2017 | $77,932↓13% | $61,434↓15% | $2,114,364↓5% | — |
| 2016 | $90,020↑4% | $72,387↑7% | $2,226,766↓7% | — |
| 2015 | $86,211↓6% | $67,434↑6% | $2,381,980 | — |
| 2014 | $91,609 | $63,801↓18% | $2,383,235↓3% | — |
| 2013 | $91,520↓7% | $77,876 | $2,458,906↑1% | — |
| 2012 | $98,693↓2% | $77,957↑4% | $2,427,729↑9% | — |
| 2011 | $100,809 | $75,032 | $2,237,422 | — |
Frequently Asked Questions
What does Salem School System Credit Union do?▼
Salem School System Credit Union is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Salem School System Credit Union financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Salem School System Credit Union.
How much revenue does Salem School System Credit Union generate?▼
Salem School System Credit Union reports $133K in annual revenue and holds $2.2M in total assets, based on IRS filings.
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