Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
990 • Fiscal year 2016 • EIN 03-0505731
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
Liabilities / Revenue
35th percentile
Higher debt load relative to revenue than 35% of similar nonprofits.
Net Margin
58th percentile
Higher net margin than 58% of similar nonprofits.
Top Officer Pay
21st percentile
Higher top officer pay than 21% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
64th percentile
Faster revenue growth than 64% of similar nonprofits.
Assets
Up$2,826,535
Up $293,138 (+12%) from 2015
Net Assets
Down$528,482
Down $11,791 (-2.2%) from 2015
Liabilities
Up$2,298,053
Up $304,929 (+15%) from 2015
Revenue
Up$166,460
Up $1,654 (+1.0%) from 2015
Expenses
Up$157,049
Up $13,939 (+9.7%) from 2015
Net Income
Down$9,411
Down $12,285 (-57%) from 2015
Provide highest level of customer service. Emphasis on being responsive to member needs. Encourage better quality of life for our members producing a better quality cu through member education and competitive products.
Provide highest level of customer service. Emphasis on being responsive to member needs. Encourage better quality of life for our members producing a better quality cu thru member education and competitive products.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $1,690,160 | $2,104,620 | ▲ $414,460 |
| Rtn Earn Endowment Incm Other Fnds | $540,273 | $528,482 | ▼ $11,791 |
| Cash and Non-Interest-Bearing Accounts | $280,780 | $361,929 | ▲ $81,149 |
| Investments Program Related | $531,618 | $329,580 | ▼ $202,038 |
| Land, Buildings, and Equipment, Net | $1,762 | - | - |
| Accounts Receivable | - | $1,250 | - |
| Prepaid Expenses and Deferred Charges | $346 | $341 | ▼ $5 |
| Total Assets | $2,533,397 | $2,826,535 | ▲ $293,138 |
| Other Assets Total | $28,731 | $28,815 | ▲ $84 |
| Liabilities | |||
| Other Liabilities | $1,968,940 | $2,240,122 | ▲ $271,182 |
| Accounts Payable and Accrued Expenses | $24,184 | $57,931 | ▲ $33,747 |
| Total Liabilities | $1,993,124 | $2,298,053 | ▲ $304,929 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $540,273 | $528,482 | ▼ $11,791 |
| Total Liabilities and Net Assets / Fund Balance | $2,533,397 | $2,826,535 | ▲ $293,138 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | - | $4,531 | $4,531 |
| Investment Program Related Org | $500 | - | - |
| Name | Title |
|---|---|
| Dr Ira Van Hilliard | Chairman |
| Dr Bridget Hilliard | Vice-chairma |
| Irishea Hilliard | Director |
| Malachi S Johnson | Secretary |
| Harlene B Johnson | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $140,985 |
| Salaries, Compensation, and Employee Benefits | $14,000 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Office Expenses | - | - | - | $61,756 |
| Fees for Services Other | - | - | - | $40,771 |
| Other Salaries and Wages | - | - | - | $14,000 |
| Insurance | - | - | - | $7,639 |
| Travel | - | - | - | $4,282 |
| Other Expenses | - | - | - | $2,994 |
| Benefits to Members | - | - | - | $2,064 |
| Depreciation Depletion | - | - | - | $1,762 |
| Advertising | - | - | - | $1,237 |
| Conferences and Meetings | - | - | - | $911 |
| All Other Expenses | - | - | - | $-10,142 |
| Total Functional Expenses | $0 | $0 | $0 | $157,049 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Member Shares/deposits | $2,240,122 |
“Ira v. Hilliard bridget e. Hilliard chairman vice-chairma family harlene b. Johnson malachi johnson mgr/ceo secretary family”
“Light commerce is a state chartered credit union comprised of owner/members belongingl to a common field of membership and who have paid into their share accounts a minimum authorized membership fee.”
“Members hold annual meetins at which time the members present elect open positions for the board of directors. Election is run by the nominating committee who normally screen any members running for these open board positions.”
“A copy of form 990 is provided to each board member for review. After review and discussion, the form is approved for remittance to the irs and such action is recorded in the board minutes.”
“The credit union posts its financial statements in the credit union lobby for members to review. The governance documents are available in the credit union office for review upon request.”
“No significant exempt purpose accomplishments during year 2016”
“No taxable income recorded during the tax year 2016”
“Annual audit 4,453 0 0 990 tax preparation 750 0 0 data processing 35,568 0 0 total 40,771 0 0”
“Charges to und.earnings -21,202 adjustments result from entries required of the credit union by the state regulatory examiner for taxable year 2016.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 24184 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 57931 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1250 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDE HIGHEST LEVEL OF CUSTOMER SERVICE. EMPHASIS ON BEING RESPONSIVE TO MEMBER NEEDS. ENCOURAGE BETTER QUALITY OF LIFE FOR OUR MEMBERS PRODUCING A BETTER QUALITY CU THRU MEMBER EDUCATION AND COMPETITIVE PRODUCTS. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1237 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | -10142 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 2064 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | HARLENE JOHNSON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2818767576 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 11233 CROWN PARK DRIVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | HOUSTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77067 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 280780 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 361929 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 911 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 2064 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 672 |
| IRS990/CYOtherExpensesAmt | 0 | 140985 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 165788 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 9411 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 14000 |
| IRS990/CYTotalExpensesAmt | 0 | 157049 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 166460 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1762 |
| IRS990/Desc | 0 | NO SIGNIFICANT ACCOMPLISHMENTS DURING YEAR 2016 |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 40771 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DR IRA VAN HILLIARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DR BRIDGET HILLIARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MALACHI S JOHNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | HARLENE B JOHNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | IRISHEA HILLIARD |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE-CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2004 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 166460 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 7639 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 672 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 672 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 531618 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 329580 |
| IRS990/IRPDocumentCnt | 0 | 36 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 4531 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1762 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 4531 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | PROVIDE HIGHEST LEVEL OF CUSTOMER SERVICE. EMPHASIS ON BEING RESPONSIVE TO MEMBER NEEDS. ENCOURAGE BETTER QUALITY OF LIFE FOR OUR MEMBERS PRODUCING A BETTER QUALITY CU THRU MEMBER EDUCATION AND COMPETITIVE PRODUCTS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 540273 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 528482 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 61756 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 28731 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 28815 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -21202 |
| IRS990/OtherExpensesGrp/Desc | 0 | FISERVE SOLUTIONS |
| IRS990/OtherExpensesGrp/Desc | 1 | FISERV-BILL PAY |
| IRS990/OtherExpensesGrp/Desc | 2 | LOAN SERVICING EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 3 | ASSO.DUES/OPERATIONAL |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 16640 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 8330 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4805 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2994 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1968940 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 2240122 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 14000 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 1690160 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 2104620 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 346 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 341 |
| IRS990/PrincipalOfficerNm | 0 | HARLENE JOHNSON |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST ON LOANS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | FEES & CHARGES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 106208 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 59580 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 106208 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 59580 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | NO SIGNIFICANT ACCOMPLISHMENTS DURING 2016 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | NO SIGNIFICANT ACCOMPLISHMENTS DURING 2016 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | NO SIGNIFICANT EXEMPT PURPOSE ACCOMPLISHMENTS DURING YEAR 2016 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 2473 |
| IRS990/PYInvestmentIncomeAmt | 0 | 416 |
| IRS990/PYOtherExpensesAmt | 0 | 130137 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 164390 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 21696 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 10500 |
| IRS990/PYTotalExpensesAmt | 0 | 143110 |
| IRS990/PYTotalRevenueAmt | 0 | 164806 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 9411 |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | true |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | true |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 540273 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 528482 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 4531 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 4531 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 204426 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 100000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 19346 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 3 | 5308 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 4 | 500 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | CATALYST CORP. SETTLEMENT |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | CATALYST PTA |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | NCUSIF DEPOSIT |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 3 | SHARES, DEPOSITS, CDS |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 4 | CAPITAL SHARES/CATALYST |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 3 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 4 | C |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 2240122 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBER SHARES/DEPOSITS |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 329580 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 2240122 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NO SIGNIFICANT EXEMPT PURPOSE ACCOMPLISHMENTS DURING YEAR 2016 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NO TAXABLE INCOME RECORDED DURING THE TAX YEAR 2016 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | IRA V. HILLIARD BRIDGET E. HILLIARD CHAIRMAN VICE-CHAIRMA FAMILY HARLENE B. JOHNSON MALACHI JOHNSON MGR/CEO SECRETARY FAMILY |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | LIGHT COMMERCE IS A STATE CHARTERED CREDIT UNION COMPRISED OF OWNER/MEMBERS BELONGINGL TO A COMMON FIELD OF MEMBERSHIP AND WHO HAVE PAID INTO THEIR SHARE ACCOUNTS A MINIMUM AUTHORIZED MEMBERSHIP FEE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | MEMBERS HOLD ANNUAL MEETINS AT WHICH TIME THE MEMBERS PRESENT ELECT OPEN POSITIONS FOR THE BOARD OF DIRECTORS. ELECTION IS RUN BY THE NOMINATING COMMITTEE WHO NORMALLY SCREEN ANY MEMBERS RUNNING FOR THESE OPEN BOARD POSITIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | A COPY OF FORM 990 IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW. AFTER REVIEW AND DISCUSSION, THE FORM IS APPROVED FOR REMITTANCE TO THE IRS AND SUCH ACTION IS RECORDED IN THE BOARD MINUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE CREDIT UNION POSTS ITS FINANCIAL STATEMENTS IN THE CREDIT UNION LOBBY FOR MEMBERS TO REVIEW. THE GOVERNANCE DOCUMENTS ARE AVAILABLE IN THE CREDIT UNION OFFICE FOR REVIEW UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | ANNUAL AUDIT 4,453 0 0 990 TAX PREPARATION 750 0 0 DATA PROCESSING 35,568 0 0 TOTAL 40,771 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | CHARGES TO UND.EARNINGS -21,202 ADJUSTMENTS RESULT FROM ENTRIES REQUIRED OF THE CREDIT UNION BY THE STATE REGULATORY EXAMINER FOR TAXABLE YEAR 2016. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 5, PART V, LINE 3B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XI, LINE 9 |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | NEW LIGHT |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | NEW LIGHT CHURCH |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 760198056 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501 C |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | TX |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | CHURCH |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | 1 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 11233 CROWN PARK DRIVE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | HOUSTON |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 77067 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | false |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | true |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | false |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | true |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 14000 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | COST |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | NEW LIGHT CHRISTIAN CENTER CHURCH |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | O |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | false |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 2533397 |
| IRS990/TotalAssetsEOYAmt | 0 | 2826535 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2533397 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2826535 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 157049 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1993124 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 2298053 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1993124 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 2298053 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 540273 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 528482 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 165788 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 672 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 165788 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 166460 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2533397 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2826535 |
| IRS990/TransactionWithControlEntInd | 0 | true |
| IRS990/TravelGrp/TotalAmt | 0 | 4282 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/USAddress/AddressLine1Txt | 0 | 11233 CROWN PARK DRIVE |
| IRS990/USAddress/CityNm | 0 | HOUSTON |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 77067 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | WWW.LIGHTCOMMERCECU.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HARLENE JOHNSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | MANAGER/CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2818767576 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-02-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LIGHT COMMERCE CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LIGH |
| ReturnHeader/Filer/EIN | 0 | 030505731 |
| ReturnHeader/Filer/PhoneNum | 0 | 2818767576 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 11233 CROWN PARK DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HOUSTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77067 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 2CBCF8563AB8ACFD911E3336B8B8FA1154FF56D4 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 2CBCF8563AB8ACFD911E3336B8B8FA1154FF56D4 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LEMA & ASSOCIATES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 610 E MARKET ST STE 2906 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SAN ANTONIO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 782052680 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2102124822 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-03-02 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANGEL R LEMA CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2017-03-02T12:24:31-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.