Civic Intelligence

Memorial Employees Financial Credit Unio

EIN 59-1319114 • 501(c)14 • Hollywood, FL

Profile

The object and purpose of this credit union is a cooperative nonprofit association organized under the laws of the state of florida, for the purposes of encouraging thrift among its members, creating sources of credit at a fair and reasonable rates of interest, and providing an opportunity for its members to use and control their resources on a democratic basis to improve their economic and social condition.

3501 Johnson StreetHollywood, FL 33021

www.mefcu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

0.94x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

19.46x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Net Margin

28th percentile

5.2%

Higher net margin than 28% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

96th percentile

$408,673

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

501(c)14 • $50M-$100M nonprofits • Source year 2024

Asset Growth

34th percentile

-0.4%

Faster asset growth than 34% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

43%

Faster revenue growth than 99% of similar nonprofits.

501(c)14 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$89,035,102

Down $381,424 (-0.4%) from 2023

Liabilities

Down

$83,697,562

Down $862,951 (-1.0%) from 2023

Net Assets

Up

$5,337,540

Up $481,527 (+9.9%) from 2023

Revenue

Up

$4,301,042

Up $1,302,179 (+43%) from 2023

Expenses

Up

$4,077,888

Up $1,583,870 (+64%) from 2023

Net Income

Down

$223,154

Down $281,691 (-56%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2023: $89,416,526Liabilities 2023: $84,560,513Net Assets 2023: $4,856,0132023Assets 2024: $89,035,102Liabilities 2024: $83,697,562Net Assets 2024: $5,337,5402024

Highlighted filing

2024

Assets$89,035,102
Liabilities$83,697,562
Net Assets$5,337,540

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2023: $2,998,863Expenses 2023: $2,494,018Net Income 2023: $504,8452023Revenue 2024: $4,301,042Expenses 2024: $4,077,888Net Income 2024: $223,1542024

Highlighted filing

2024

Revenue$4,301,042
Expenses$4,077,888
Net Income$223,154

Filings