The revenue of Frontwave Credit Union for the fiscal year ending December 2022 was $64,162,592.
Understanding Frontwave Credit Union's Financial Standing
Frontwave Credit Union, an organization located in Oceanside, California, with a zip code of 92056-5867, reported significant financial figures for its fiscal year concluding in December 2022. These figures offer a clear picture of the credit union's operational scope and financial health.
Key Financial Highlights (Fiscal Year Ending Dec. 2022)
To provide a detailed overview of Frontwave Credit Union's financial performance, here is a summary of its key reported metrics:
| Financial Metric | Amount ($) |
|---|---|
| Total Revenue | 64,162,592 |
| Net Assets at End of Fiscal Year | 85,757,416 |
The total revenue figure represents the full income generated by the credit union from all its activities during the specified period. Alongside the revenue, the net assets at the end of the fiscal year indicate the credit union's overall financial strength, representing its value after liabilities are accounted for.
About Frontwave Credit Union
As a credit union, Frontwave operates as a member-owned, not-for-profit financial cooperative. Their financial disclosures, such as those made public on platforms like ProPublica's Nonprofit Explorer, provide transparency into their operations and financial management. Such details are essential for understanding the economic impact and stability of these member-focused financial institutions.
