Civic Intelligence

Sharon & Crescent Credit Union

990 • Fiscal year 2014 • EIN 04-1217290

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

Organization ProfileWWW.CRESCENTCREDIT.ORG

View Organization Page

PO Box 4290Brockton, MA 02303-4290

(508) 580-6511

Siviq Scores

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

Liabilities / Assets

26th percentile

0.87x

Higher debt load relative to assets than 26% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Liabilities / Revenue

83rd percentile

22.86x

Higher debt load relative to revenue than 83% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Net Margin

35th percentile

12%

Higher net margin than 35% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Top Officer Pay

45th percentile

$352,340

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Asset Growth

12th percentile

0.9%

Faster asset growth than 12% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Revenue Growth

12th percentile

-3.9%

Faster revenue growth than 12% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$429,538,860

Up $3,919,935 (+0.9%) from 2013

Net Assets

Up

$53,914,369

Up $2,158,752 (+4.2%) from 2013

Liabilities

Up

$375,624,491

Up $1,761,183 (+0.5%) from 2013

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin35th percentile

Revenue

Down

$16,431,050

Down $669,855 (-3.9%) from 2013

Expenses

Down

$14,497,964

Down $1,416,822 (-8.9%) from 2013

Net Income

Up

$1,933,086

Up $746,967 (+63%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$1.5B$1.0B$500M$0Assets 2010: $389,997,990Liabilities 2010: $342,873,990Net Assets 2010: $47,124,0002010Assets 2011: $405,253,009Liabilities 2011: $356,615,009Net Assets 2011: $48,638,0002011Assets 2012: $401,800,663Liabilities 2012: $351,680,236Net Assets 2012: $50,120,4272012Assets 2013: $425,618,925Liabilities 2013: $373,863,308Net Assets 2013: $51,755,6172013Assets 2014: $429,538,860Liabilities 2014: $375,624,491Net Assets 2014: $53,914,3692014Assets 2015: $434,556,512Liabilities 2015: $377,927,870Net Assets 2015: $56,628,6422015Assets 2016: $429,158,985Liabilities 2016: $369,380,684Net Assets 2016: $59,778,3012016Assets 2017: $425,875,266Liabilities 2017: $363,140,022Net Assets 2017: $62,735,2442017Assets 2018: $438,601,837Liabilities 2018: $373,549,909Net Assets 2018: $65,051,9282018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2022: $1,236,549,386Liabilities 2022: $1,100,001,377Net Assets 2022: $136,548,0092022

Highlighted filing

2014

Assets$429,538,860
Liabilities$375,624,491
Net Assets$53,914,369
Open 2014 Filing

Operations Trend

Revenue Growth12th percentile

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

$40M$30M$20M$10M$0Expenses 2010: $17,414,3762010Expenses 2011: $17,777,4992011Expenses 2012: $16,644,8502012Revenue 2013: $17,100,905Expenses 2013: $15,914,786Net Income 2013: $1,186,1192013Revenue 2014: $16,431,050Expenses 2014: $14,497,964Net Income 2014: $1,933,0862014Revenue 2015: $16,977,536Expenses 2015: $14,124,648Net Income 2015: $2,852,8882015Revenue 2016: $18,741,480Expenses 2016: $15,632,530Net Income 2016: $3,108,9502016Revenue 2017: $19,094,559Expenses 2017: $16,168,079Net Income 2017: $2,926,4802017Revenue 2018: $18,630,554Expenses 2018: $16,099,298Net Income 2018: $2,531,2562018Revenue 2019: $19,582,828Expenses 2019: $17,842,152Net Income 2019: $1,740,6762019Revenue 2022: $39,986,184Expenses 2022: $32,131,703Net Income 2022: $7,854,4812022

Highlighted filing

2014

Revenue$16,431,050
Expenses$14,497,964
Net Income$1,933,086
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$16,703,395
Mission and Program Overview

Mission

To provide our members with the best possible financial products and services that a credit union can offer efficiently.

A cooperative society organized within a group of people operating under state and federal supervision providing a system for accumulating savings and credit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$342,911,193$355,218,579▲ $12,307,386
Investments Other Securities$63,585,715$56,187,658▼ $7,398,057
Rtn Earn Endowment Incm Other Fnds$51,755,617$53,914,369▲ $2,158,752
Land, Buildings, and Equipment, Net$9,438,189$9,569,002▲ $130,813
Cash and Non-Interest-Bearing Accounts$7,121,918$6,169,518▼ $952,400
Savings and Temporary Cash Investments$564,622$816,570▲ $251,948
Prepaid Expenses and Deferred Charges$670,799$324,962▼ $345,837
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$425,618,925$429,538,860▲ $3,919,935
Other Assets Total$1,326,489$1,252,571▼ $73,918
Liabilities
Other Liabilities$298,298,354$292,868,417▼ $5,429,937
Mortgage Notes Payable Secured by Investment Property$72,979,293$80,163,985▲ $7,184,692
Escrow Account Liability$1,386,073$1,427,304▲ $41,231
Accounts Payable and Accrued Expenses$1,199,588$1,164,785▼ $34,803
Total Liabilities$373,863,308$375,624,491▲ $1,761,183
Net Assets / Fund Balance
Total Net Assets Fund Balance$51,755,617$53,914,369▲ $2,158,752
Total Liabilities and Net Assets / Fund Balance$425,618,925$429,538,860▲ $3,919,935

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,239,566$2,842,221$8,081,787
Equipment$900,166$6,007,326$6,907,492
Land$3,066,197-$3,066,197
Leasehold Improvements$363,073$627,519$990,592
Other Securities$745,912--
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert W GustafsonPresident/CEOFT$265,556$87,876$353,432
Stephen SpoonerSenior VP/CFOFT$132,826$71,725$204,551
Paul PijanowskiSenior VPFT$103,185$56,208$159,393
Donna MoranVice PresidentFT$111,391$25,959$137,350
Cheryl MccormickVice PresidentFT$102,618$25,577$128,195
Robert SimsDirector-$1,129$1,218$2,347
Paul MarinoTreasurerPT$1,302$420$1,722
Howard SpillerVice ChairmanPT-$1,218$1,218
F Robert SilversteinDirector--$1,218$1,218
Jean Caputo WilliamsVice ChairmanPT-$420$420
Antonio MacedoDirector--$420$420
Arthur SullivanDirector--$420$420
Herbert NagleDirector--$420$420
John KolentsasDirector--$420$420
William RosaDirector--$420$420

Board Members and Trustees

NameTitle
James MihosChairman of the Board
David GoodmanDirector
Alfred NiccoliClerk

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservLoan And Deposit Processing75 REMITTANCE DRIVE, Chicago, IL 60675$639,854
Nes GroupConstruction905 SOUTH MAIN STREET, Mansfield, MA 02048$321,576
Lee And Mason Financial ServicesVsi InsurancePO BOX 270, Northville, NY 12134$163,760
Gatehouse MediaAdvertisingPO BOX 845908, Boston, MA 02284$130,879
Bfi Print CommunicationsPrinting602 BEDFORD STREET, Whitman, MA 02382$109,063
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$15,749,899
Investment Income
$646,942
Other Revenue
$34,209
Change in Net Assets
$1,933,086

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,703,395
Revenue Not Reported on Financial Statements
$-272,345
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-272,345
Total Revenue per Audited Statements
$16,703,395
Total Revenue per Form 990
$16,431,050
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,708,411
Salaries, Compensation, and Employee Benefits$6,527,807
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,381,336
Occupancy---$1,271,148
Benefits to Members---$1,261,746
All Other Expenses---$1,114,980
Interest---$799,875
Other Employee Benefits---$798,230
Current Officers, Directors, Trustees, and Key Employees---$567,007
Office Expenses---$553,117
Depreciation Depletion---$492,472
Payroll Taxes---$434,623
Fees for Services Other---$423,120
Advertising---$378,807
Pension Plan Contributions---$346,611
Insurance---$144,132
Fees for Services Accounting---$102,707
Other Expenses---$56,441
Conferences and Meetings---$26,784
Fees for Services Legal---$22,581
Travel---$2,798
Total Functional Expenses$0$0$0$14,497,964

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$14,770,309
Expenses per Audited Statements$14,497,964
Total Expenses per Form 990$14,497,964
Expenses Not Reported on Form 990$272,345
Expenses Not Reported on Financial Statements$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
Deposits$292,645,627
Other Liabilities$222,790
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
Yes
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 2

“Board members james mihos and david goodman have a business relationship.”

Form 990, Part VI, Section A, Line 6

“The credit union's members have rights to elect the members of the governing body. The credit union's members also receive a share of the organization's profits in the form of cash dividends.”

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

“Members of the credit union have the right to elect one or more members of the organization's governing body, whether periodically, or as vacancies arise, or otherwise.”

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

“Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.”

Form 990, Part VI, Section B, Line 11

“Form 990 is prepared by rsm us llp utilizing information provided by the cfo. The cfo and ceo review the completed form and a copy is provided to the board of directors prior to filing form 990 with the irs.”

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

“All new employees sign a form acknowledging they understand and will abide by the policies contained in the employee handbook, including ethics and conflicts policy. All employees are required to participate in an on-line ethics training program each year and pass a quiz.”

Form 990, Part VI, Section B, Line 15

“The credit union utilizes survey data published by a third party source to establish salary ranges for all employees. The ceo recommends annual compensation adjustments for branch managers and officers to the personnel committee, which is comprised of board members. The personnel committee recommends compensation adjustments for the ceo, branch managers, and officers for vote.”

Form 990, Part VI, Section C, Line 19

“The financial statements are posted annually at the main office, headquarters building, and each branch location. The governing documents and conflicts of interest policy are available upon request for the same period of disclosure as set forth in section 6104(d).”

Filing and Contact Details

Filer

Filer Name
Crescent Credit Union
EIN
04-1217290
Phone
5085806511
Address
PO BOX 4290, BROCKTON, MA 02303-4290

Signing Officer

Name
Robert Gustafson
Title
President/CEO
Phone
5085806511
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Gustafson
Formed
1919
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
13
Employees
132
Volunteers
12

Preparer

Firm
Rsm US Llp
Address
801 NICOLLET MALL SUITE 1100, MINNEAPOLIS, MN 55402
Preparer
Gerald B Kissell
Phone
6123324300
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The credit union escrows real estate tax payments from members who have mortgages which are periodically paid by the credit union to the city or town where the member resides.”

PART X, LINE 2:

“The credit union evaluated its tax positions and determined no uncertain tax positions exist as of december 31, 2014 or 2013.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rental expense reclassed to revenue -272,345.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expense reclassed to revenue 272,345.”

Raw XML AppendixShowing 400 of 583 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/Desc0CRESCENT CREDIT UNION OFFERS A COMPLETE RANGE OF PERSONAL AND BUSINESS FINANCIAL SERVICES TO APPROXIMATELY 50,000 MEMBERS. THESE SERVICES INCLUDE CHECKING, SAVINGS, CERTIFICATES OF DEPOSIT, AND ALL TYPES OF LOANS, INCLUDING MORTGAGES, LINES OF CREDIT, EQUITY LOANS, PERSONAL LOANS AND CAR LOANS. AS OF 12/31/2014 THE CREDIT UNION HAD 14,859 LOANS OUTSTANDING, 15,307 CHECKING ACCOUNTS, 30,832 SAVINGS ACCOUNTS, AND 5,179 CERTIFICATE & IRA ACCOUNTS.
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IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES MIHOS
IRS990/Form990PartVIISectionAGrp/PersonNm2HOWARD SPILLER
IRS990/Form990PartVIISectionAGrp/PersonNm3JEAN CAPUTO WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm4PAUL MARINO
IRS990/Form990PartVIISectionAGrp/PersonNm5ALFRED NICCOLI
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT SIMS
IRS990/Form990PartVIISectionAGrp/PersonNm7F ROBERT SILVERSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm8HERBERT NAGLE
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID GOODMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10JOHN KOLENTSAS
IRS990/Form990PartVIISectionAGrp/PersonNm11ANTONIO MACEDO
IRS990/Form990PartVIISectionAGrp/PersonNm12WILLIAM ROSA
IRS990/Form990PartVIISectionAGrp/PersonNm13ARTHUR SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm14STEPHEN SPOONER
IRS990/Form990PartVIISectionAGrp/PersonNm15PAUL PIJANOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm16CHERYL MCCORMICK
IRS990/Form990PartVIISectionAGrp/PersonNm17DONNA MORAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0328556
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt41302
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61129
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14173826
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15131185
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16102618
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17111391
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14SENIOR VP/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt15SENIOR VP
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01919
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt07684
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt07684
IRS990/GrossReceiptsAmt016703395
IRS990/GrossRentsGrp/RealAmt0306554
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt0144132
IRS990/InterestGrp/TotalAmt0799875
IRS990/InvestmentIncomeGrp/ExclusionAmt0639258
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0639258
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt063585715
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt056187658
IRS990/IRPDocumentCnt036221
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09477066
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09438189
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09569002
IRS990/LandBldgEquipCostOrOtherBssAmt019046068
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/RealAmt0272345
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE OUR MEMBERS WITH THE BEST POSSIBLE FINANCIAL PRODUCTS AND SERVICES THAT A CREDIT UNION CAN OFFER EFFICIENTLY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt072979293
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt080163985
IRS990/NetAssetsOrFundBalancesBOYAmt051755617
IRS990/NetAssetsOrFundBalancesEOYAmt053914369
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt07684
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt07684
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt034792
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt034209
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-583
IRS990/NetUnrelatedBusTxblIncmAmt0-35141
IRS990/NetUnrlzdGainsLossesInvstAmt0225666
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01271148
IRS990/OfficeExpensesGrp/TotalAmt0553117
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01326489
IRS990/OtherAssetsTotalGrp/EOYAmt01252571
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0798230
IRS990/OtherExpensesGrp/Desc0FISERV NSP EXPENSE
IRS990/OtherExpensesGrp/Desc1ATM EXPENSE
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOSS
IRS990/OtherExpensesGrp/TotalAmt0725098
IRS990/OtherExpensesGrp/TotalAmt1594351
IRS990/OtherExpensesGrp/TotalAmt256441
IRS990/OtherLiabilitiesGrp/BOYAmt0298298354
IRS990/OtherLiabilitiesGrp/EOYAmt0292868417
IRS990/OtherSalariesAndWagesGrp/TotalAmt04381336
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0342911193
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0355218579
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0434623
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0346611
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0670799
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0324962
IRS990/PrincipalOfficerNm0ROBERT GUSTAFSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3524292
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER NON-INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc3LOAN SERVICING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012053701
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12509697
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2803630
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3116482
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012053701
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12776086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2803630
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3116482
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0266389
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt01627569
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0674225
IRS990/PYOtherExpensesAmt07419690
IRS990/PYOtherRevenueAmt049137
IRS990/PYProgramServiceRevenueAmt016377543
IRS990/PYRevenuesLessExpensesAmt01186119
IRS990/PYSalariesCompEmpBnftPaidAmt06867527
IRS990/PYTotalExpensesAmt015914786
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt017100905
IRS990/ReconcilationRevenueExpnssAmt01933086
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt034209
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt051755617
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt053914369
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0564622
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0816570
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05239566
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02842221
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08081787
IRS990ScheduleD/EquipmentGrp/BookValueAmt0900166
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06007326
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06907492
IRS990ScheduleD/ExpensesNotReportedAmt0272345
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt014497964
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt03066197
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03066197
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0363073
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0627519
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0990592
IRS990ScheduleD/OtherExpensesIncludedAmt0272345
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0292645627
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1222790
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITIES

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$429,538,860
Liabilities
$375,624,491
Net assets
$53,914,369
Revenue
$16,431,050
Expenses
$14,497,964
Net income
$1,933,086
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Summary only. Only limited summary data is available for this year.$1,237$1,100$137$40.0$32.1$7.85
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$19.6$17.8$1.74
2018Detailed filing. Detailed filing data is available for this year.$439$374$65.1$18.6$16.1$2.53
2017Detailed filing. Detailed filing data is available for this year.$426$363$62.7$19.1$16.2$2.93
2016Detailed filing. Detailed filing data is available for this year.$429$369$59.8$18.7$15.6$3.11
2015Detailed filing. Detailed filing data is available for this year.$435$378$56.6$17.0$14.1$2.85
2014Detailed filing. Detailed filing data is available for this year.$430$376$53.9$16.4$14.5$1.93
2013Detailed filing. Detailed filing data is available for this year.$426$374$51.8$17.1$15.9$1.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$402$352$50.1$16.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$405$357$48.6$17.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$390$343$47.1$17.4