Civic Intelligence

First Priority Credit Union

990 • Fiscal year 2018 • EIN 04-1106850

Jan 01, 2018 to Dec 31, 2018 • Filed on May 13, 2019

Organization ProfileWWW.FIRSTPRIORITYCU.COM

View Organization Page

100 Swift StreetEast Boston, MA 02128

(617) 482-4787

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

11th percentile

0.82x

Higher debt load relative to assets than 11% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

19.51x

Higher debt load relative to revenue than 75% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2018

Net Margin

18th percentile

5.9%

Higher net margin than 18% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$157,361

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2018

Asset Growth

19th percentile

-0.2%

Faster asset growth than 19% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

3.7%

Faster revenue growth than 13% of similar nonprofits.

2018 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets11th percentile

Assets

Down

$105,997,996

Down $215,642 (-0.2%) from 2017

Net Assets

Up

$19,211,597

Up $256,775 (+1.4%) from 2017

Liabilities

Down

$86,786,399

Down $472,417 (-0.5%) from 2017

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin18th percentile

Revenue

Up

$4,447,479

Up $160,467 (+3.7%) from 2017

Expenses

Up

$4,186,237

Up $298,937 (+7.7%) from 2017

Net Income

Down

$261,242

Down $138,470 (-35%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $127,936,486Liabilities 2010: $110,624,169Net Assets 2010: $17,312,3172010Assets 2011: $121,923,182Liabilities 2011: $103,915,747Net Assets 2011: $18,007,4352011Assets 2012: $113,530,444Liabilities 2012: $95,725,472Net Assets 2012: $17,804,9722012Assets 2013: $106,800,918Liabilities 2013: $89,789,596Net Assets 2013: $17,011,3222013Assets 2014: $104,409,510Liabilities 2014: $86,380,639Net Assets 2014: $18,028,8712014Assets 2015: $105,041,550Liabilities 2015: $86,505,426Net Assets 2015: $18,536,1242015Assets 2016: $104,975,572Liabilities 2016: $86,406,345Net Assets 2016: $18,569,2272016Assets 2017: $106,213,638Liabilities 2017: $87,258,816Net Assets 2017: $18,954,8222017Assets 2018: $105,997,996Liabilities 2018: $86,786,399Net Assets 2018: $19,211,5972018Assets 2019: $105,907,823Liabilities 2019: $86,237,090Net Assets 2019: $19,670,7332019Assets 2020: $117,976,564Liabilities 2020: $99,580,753Net Assets 2020: $18,395,8112020Assets 2024: $129,146,678Liabilities 2024: $112,173,710Net Assets 2024: $16,972,9682024

Highlighted filing

2018

Assets$105,997,996
Liabilities$86,786,399
Net Assets$19,211,597
Open 2018 Filing

Operations Trend

Revenue Growth13th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $6,530,7392010Expenses 2011: $5,834,7582011Expenses 2012: $5,087,4172012Revenue 2013: $4,434,227Expenses 2013: $4,313,036Net Income 2013: $121,1912013Revenue 2014: $4,275,474Expenses 2014: $3,983,500Net Income 2014: $291,9742014Revenue 2015: $4,357,341Expenses 2015: $3,903,213Net Income 2015: $454,1282015Revenue 2016: $4,181,997Expenses 2016: $3,928,075Net Income 2016: $253,9222016Revenue 2017: $4,287,012Expenses 2017: $3,887,300Net Income 2017: $399,7122017Revenue 2018: $4,447,479Expenses 2018: $4,186,237Net Income 2018: $261,2422018Revenue 2019: $4,612,455Expenses 2019: $4,500,722Net Income 2019: $111,7332019Revenue 2020: $3,753,355Expenses 2020: $5,034,153Net Income 2020: -$1,280,7982020Revenue 2024: $6,183,455Expenses 2024: $5,667,423Net Income 2024: $516,0322024

Highlighted filing

2018

Revenue$4,447,479
Expenses$4,186,237
Net Income$261,242
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 13, 2019
Return Version
2018v3.0
Gross Receipts
$4,447,479
Mission and Program Overview

Mission

Maintenance of member share and deposit accounts and the payment of interest thereon. Lending and investing of member deposits at market interest.

Maintenance of member share and deposit accounts and the payment of interest thereon

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$67,670,799$69,737,050▲ $2,066,251
Rtn Earn Endowment Incm Other Fnds$18,954,822$19,211,597▲ $256,775
Investments in Publicly Traded Securities$13,369,400$16,891,150▲ $3,521,750
Savings and Temporary Cash Investments$16,289,566$11,114,418▼ $5,175,148
Land, Buildings, and Equipment, Net$6,303,254$6,113,393▼ $189,861
Cash and Non-Interest-Bearing Accounts$963,757$841,733▼ $122,024
Prepaid Expenses and Deferred Charges$512,373$511,311▼ $1,062
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$106,213,638$105,997,996▼ $215,642
Other Assets Total$1,104,489$788,941▼ $315,548
Liabilities
Other Liabilities$86,805,652$86,235,619▼ $570,033
Accounts Payable and Accrued Expenses$453,164$550,780▲ $97,616
Total Liabilities$87,258,816$86,786,399▼ $472,417
Net Assets / Fund Balance
Total Net Assets Fund Balance$18,954,822$19,211,597▲ $256,775
Total Liabilities and Net Assets / Fund Balance$106,213,638$105,997,996▼ $215,642

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,384,838$1,069,083$0
Other Land Buildings$0$0$0
Land$2,492,128-$0
Equipment$233,482$227,743$0
Leasehold Improvements$2,945$9,318$0
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Robert BartolPresidentFT$157,361$157,361
Tommy LuuCFOFT$111,112$111,112
Paul TravagliniBusiness Banking OfficerFT$108,532$108,532
Eric RichDirector of LendingFT$102,268$102,268
Stephen TassinariBoard Member-$33,594$33,594
John G Coyne JrBoard Member-$8,600$8,600
Paul RizzoBoard Member-$8,367$8,367
Alexander CicconeBoard Member-$7,781$7,781
Martin ScafidiBoard Member-$7,390$7,390
Joseph TierneyBoard Member-$7,120$7,120
John CascianoTreasurer-$6,948$6,948
Carlton TarpinianBoard Member-$6,947$6,947
Anthony DeStefanoBoard Member-$6,487$6,487
John LacroixBoard Member-$6,294$6,294
Robert LosiChairman-$3,940$3,940
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,447,479
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$261,242

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,447,479
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$4,447,479
Total Revenue per Form 990
$4,447,479
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,216,009
Salaries, Compensation, and Employee Benefits$1,970,228
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$856,121
Current Officers, Directors, Trustees, and Key Employees---$582,741
Office Expenses---$509,605
All Other Expenses---$276,232
Interest---$246,024
Depreciation Depletion---$221,285
Other Employee Benefits---$217,697
Pension Plan Contributions---$183,987
Occupancy---$145,973
Payroll Taxes---$129,682
Advertising---$85,459
Fees for Services Accounting---$85,000
Other Expenses---$84,207
Information Technology---$81,794
Insurance---$32,820
Conferences and Meetings---$1,154
Total Functional Expenses$0$0$0$4,186,237

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,186,237
Total Expenses per Audited Statements$4,186,237
Total Expenses per Form 990$4,186,237
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share and Deposit Accounts$86,235,619
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization is made up of members who pay 25.00 to open an account with the credit union.”

Form 990, Part VI, Section A, Line 7A

“The organization has members who may run for a seat of the governing body if they choose to do so.”

Form 990, Part VI, Section A, Line 7B

“There are certain decisions that require a vote of the membership before they can become effective.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is prepared by the President and is reviewed by the Chief Financial Officer before it is submitted to the IRS.”

Form 990, Part VI, Section B, Line 12C

“The Directors and employees of the credit union have to read and sign the policy on an annual basis.”

Form 990, Part VI, Section B, Line 15

“The President is under contract and his salary is set by the Personnel Committee who is made up of three Board of Directors. The salary of the CFO is determined by the President. The credit union references a compensation survey that was conducted by an independent firm that looks at other financial institutions and comes up with comparative salaries.”

Form 990, Part VI, Section C, Line 19

“Upon request, these documents are made available to the public.”

Filing and Contact Details

Filer

Filer Name
First Priority Credit Union
EIN
04-1106850
Phone
6174824787
Address
100 Swift Street, East Boston, MA 02128

Signing Officer

Name
Robert Bartol
Title
CFO
Phone
6174824787
Signed
2019-05-13

Organization Details

Principal Officer
Robert Bartol
Formed
1924
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
34
Volunteers
0
Raw XML AppendixShowing 400 of 484 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt06113393
IRS990/LandBldgEquipCostOrOtherBssAmt07419537
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Maintenance of member share and deposit accounts and the payment of interest thereon. Lending and investing of member deposits at market interest.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt018954822
IRS990/NetAssetsOrFundBalancesEOYAmt019211597
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-4467
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0145973
IRS990/OfficeExpensesGrp/TotalAmt0509605
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01104489
IRS990/OtherAssetsTotalGrp/EOYAmt0788941
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0217697
IRS990/OtherExpensesGrp/Desc0ATM Costs
IRS990/OtherExpensesGrp/Desc1Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc2Loan Services - OREO Expenses
IRS990/OtherExpensesGrp/Desc3Bank Charges - NCUSIF Expenses
IRS990/OtherExpensesGrp/TotalAmt0319657
IRS990/OtherExpensesGrp/TotalAmt1-13478
IRS990/OtherExpensesGrp/TotalAmt2140277
IRS990/OtherExpensesGrp/TotalAmt384207
IRS990/OtherLiabilitiesGrp/BOYAmt086805652
IRS990/OtherLiabilitiesGrp/EOYAmt086235619
IRS990/OtherOrganizationDsc0State Chartered Credit Union
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0856121
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt067670799
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt069737050
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0129682
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0183987
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0512373
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0511311
IRS990/PrincipalOfficerNm0Robert Bartol
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/Desc0Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc1Interest on Investments
IRS990/ProgramServiceRevenueGrp/Desc2Other Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03255279
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1528583
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2663617
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03255279
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1528583
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2663617
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01879983
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04287012
IRS990/PYRevenuesLessExpensesAmt0399712
IRS990/PYSalariesCompEmpBnftPaidAmt02007317
IRS990/PYTotalExpensesAmt03887300
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04287012
IRS990/ReconcilationRevenueExpnssAmt0261242
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt018954822
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt019211597
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016289566
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011114418
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03384838
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01069083
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04453921
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0233482
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0227743
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0461225
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04186237
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt02492128
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt02492128
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02945
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09318
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt012263
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt086235619
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Share and Deposit Accounts
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04447479
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06113393
IRS990ScheduleD/TotalExpensesPerForm990Amt04186237
IRS990ScheduleD/TotalLiabilityAmt086235619
IRS990ScheduleD/TotalRevenuePerForm990Amt04447479
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04447479
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04186237
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0157361
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt0154012
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Robert Bartol
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0157361
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization is made up of members who pay 25.00 to open an account with the credit union.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has members who may run for a seat of the governing body if they choose to do so.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2There are certain decisions that require a vote of the membership before they can become effective.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 is prepared by the President and is reviewed by the Chief Financial Officer before it is submitted to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Directors and employees of the credit union have to read and sign the policy on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The President is under contract and his salary is set by the Personnel Committee who is made up of three Board of Directors. The salary of the CFO is determined by the President. The credit union references a compensation survey that was conducted by an independent firm that looks at other financial institutions and comes up with comparative salaries.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Upon request, these documents are made available to the public.

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$105,997,996
Liabilities
$86,786,399
Net assets
$19,211,597
Revenue
$4,447,479
Expenses
$4,186,237
Net income
$261,242
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$129$112$17.0$6.18$5.67$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$118$99.6$18.4$3.75$5.03$1.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$106$86.2$19.7$4.61$4.50$0.11
2018Detailed filing. Detailed filing data is available for this year.$106$86.8$19.2$4.45$4.19$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$106$87.3$19.0$4.29$3.89$0.40
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$105$86.4$18.6$4.18$3.93$0.25
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$105$86.5$18.5$4.36$3.90$0.45
2014Detailed filing. Detailed filing data is available for this year.$104$86.4$18.0$4.28$3.98$0.29
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$107$89.8$17.0$4.43$4.31$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$95.7$17.8$5.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$122$104$18.0$5.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$128$111$17.3$6.53