Civic Intelligence

Sharon & Crescent Credit Union

990 • Fiscal year 2017 • EIN 04-1217290

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

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

12th percentile

0.85x

Higher debt load relative to assets than 12% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

19.02x

Higher debt load relative to revenue than 62% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Net Margin

64th percentile

15%

Higher net margin than 64% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Top Officer Pay

51st percentile

$408,263

Higher top officer pay than 51% of similar nonprofits.

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

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Asset Growth

6th percentile

-0.8%

Faster asset growth than 6% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

1.9%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets12th percentile

Assets

Down

$425,875,266

Down $3,283,719 (-0.8%) from 2016

Net Assets

Up

$62,735,244

Up $2,956,943 (+4.9%) from 2016

Liabilities

Down

$363,140,022

Down $6,240,662 (-1.7%) from 2016

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin64th percentile

Revenue

Up

$19,094,559

Up $353,079 (+1.9%) from 2016

Expenses

Up

$16,168,079

Up $535,549 (+3.4%) from 2016

Net Income

Down

$2,926,480

Down $182,470 (-5.9%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth6th 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

2017

Assets$425,875,266
Liabilities$363,140,022
Net Assets$62,735,244
Open 2017 Filing

Operations Trend

Revenue Growth11th 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

2017

Revenue$19,094,559
Expenses$16,168,079
Net Income$2,926,480
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$20,529,869
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$354,579,230$350,104,632▼ $4,474,598
Rtn Earn Endowment Incm Other Fnds$59,778,301$62,735,244▲ $2,956,943
Investments Other Securities$49,878,879$52,451,888▲ $2,573,009
Cash and Non-Interest-Bearing Accounts$11,246,041$11,910,117▲ $664,076
Land, Buildings, and Equipment, Net$9,910,525$9,526,709▼ $383,816
Prepaid Expenses and Deferred Charges$231,357$299,792▲ $68,435
Savings and Temporary Cash Investments$2,099,227$135,937▼ $1,963,290
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$429,158,985$425,875,266▼ $3,283,719
Other Assets Total$1,213,726$1,446,191▲ $232,465
Liabilities
Other Liabilities$310,598,959$316,749,669▲ $6,150,710
Mortgage Notes Payable Secured by Investment Property$55,814,000$43,249,027▼ $12,564,973
Escrow Account Liability$1,563,428$1,578,518▲ $15,090
Accounts Payable and Accrued Expenses$1,404,297$1,562,808▲ $158,511
Total Liabilities$369,380,684$363,140,022▼ $6,240,662
Net Assets / Fund Balance
Total Net Assets Fund Balance$59,778,301$62,735,244▲ $2,956,943
Total Liabilities and Net Assets / Fund Balance$429,158,985$425,875,266▼ $3,283,719

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,981,354$3,527,677$8,509,031
Equipment$1,156,774$6,907,733$8,064,507
Land$3,066,196-$3,066,196
Leasehold Improvements$322,385$664,575$986,960
Other Securities$2,031,686--
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert W GustafsonPresident/CEOFT$293,061$132,164$425,225
Mark HennessyVice PresidentFT$115,889$71,864$187,753
Paul PijanowskiSenior VPFT$103,515$83,445$186,960
Cheryl MccormickVice PresidentFT$99,701$69,920$169,621
Stephen SpoonerSenior VP/CFOFT$80,252$88,934$169,186
Donna MoranVice PresidentFT$86,861$81,456$168,317
Brian FindlayVP/CFOFT$23,243-$23,243
Howard SpillerChairman of the BoardPT$15,000$1,218$16,218
Robert SimsDirector-$1,546$1,218$2,764
F Robert SilversteinDirector--$1,218$1,218
Arthur SullivanVice ChairmanPT-$420$420
Antonio MacedoDirector--$420$420
Herbert NagleDirector--$420$420
Jean Caputo WilliamsDirector--$420$420
John KolentsasClerk--$420$420
Paul MarinoDirector--$420$420
William RosaDirector--$420$420

Board Members and Trustees

NameTitle
Alfred NiccoliVice Chairman
James MihosDirector
David GoodmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservLoan And Deposit Processing75 REMITTANCE DRIVE, Chicago, IL 60675$813,820
Lee And Mason Financial ServicesVsi InsurancePO BOX 270, Northville, NY 12134$202,775
Gatehouse MediaAdvertisingPO BOX 845908, Boston, MA 02284$193,957
Cuna Mutual GroupInsurancePO BOX 2964, Milwaukee, WI 53201$189,997
PatecwindstreamTele-commPO BOX 3177, Cedar Rapids, IA 52406-3177$112,435
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$18,173,446
Investment Income
$860,053
Other Revenue
$61,060
Change in Net Assets
$2,926,480

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,307,869
Revenue Not Reported on Financial Statements
$-213,310
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-213,310
Total Revenue per Audited Statements
$19,307,869
Total Revenue per Form 990
$19,094,559
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,404,191
Salaries, Compensation, and Employee Benefits$6,599,415
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,326,962
Benefits to Members---$1,164,473
Occupancy---$1,156,887
All Other Expenses---$1,129,020
Other Employee Benefits---$919,557
Interest---$632,274
Current Officers, Directors, Trustees, and Key Employees---$617,652
Depreciation Depletion---$611,539
Office Expenses---$435,982
Other Expenses---$407,888
Advertising---$405,837
Payroll Taxes---$403,373
Pension Plan Contributions---$331,871
Fees for Services Other---$328,898
Insurance---$154,527
Fees for Services Accounting---$113,819
Conferences and Meetings---$49,758
Fees for Services Legal---$33,619
Travel---$2,787
Total Functional Expenses$0$0$0$16,168,079

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$16,381,388
Expenses per Audited Statements$16,168,078
Total Expenses per Form 990$16,168,078
Expenses Not Reported on Form 990$213,310
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
MEMBERS' SHARES$316,749,669
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 11B

“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 approves compensation adjustments for branch managers and all other staff. The ceo recommends senior management compensation adjustments to the personnel committee, which is comprised of board members. The personnel committee recommends compensation adjustments for senior management along with compensation adjustments for the ceo.”

Form 990, Part VI, Section C, Line 19

“Financial statements, conflict of interest policy and governing documents 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
2018-11-15
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
138
Volunteers
13

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, 2017 or 2016.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rental expense reclassed to revenue -213,310.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expense reclassed to revenue 213,310.”

Raw XML AppendixShowing 400 of 654 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 12/31/2017 THE CREDIT UNION HAD 13,317 LOANS OUTSTANDING, 17,256 CHECKING ACCOUNTS, 28,107 SAVINGS ACCOUNTS, AND 4,081 CERTIFICATE & IRA ACCOUNTS.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1741314
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IRS990/Form990PartVIISectionAGrp/PersonNm2ALFRED NICCOLI
IRS990/Form990PartVIISectionAGrp/PersonNm3ARTHUR SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID GOODMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN KOLENTSAS
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT SIMS
IRS990/Form990PartVIISectionAGrp/PersonNm7F ROBERT SILVERSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm8HERBERT NAGLE
IRS990/Form990PartVIISectionAGrp/PersonNm9PAUL MARINO
IRS990/Form990PartVIISectionAGrp/PersonNm10JAMES MIHOS
IRS990/Form990PartVIISectionAGrp/PersonNm11JEAN CAPUTO WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm12ANTONIO MACEDO
IRS990/Form990PartVIISectionAGrp/PersonNm13WILLIAM ROSA
IRS990/Form990PartVIISectionAGrp/PersonNm14STEPHEN SPOONER
IRS990/Form990PartVIISectionAGrp/PersonNm15BRIAN FINDLAY
IRS990/Form990PartVIISectionAGrp/PersonNm16PAUL PIJANOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm17CHERYL MCCORMICK
IRS990/Form990PartVIISectionAGrp/PersonNm18DONNA MORAN
IRS990/Form990PartVIISectionAGrp/PersonNm19MARK HENNESSY
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt115000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61546
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14136495
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1523243
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16135758
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17119701
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18121104
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
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/TitleTxt15VP/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt16SENIOR VP
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01919
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt023301
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01245301
IRS990/GrossReceiptsAmt020529869
IRS990/GrossRentsGrp/RealAmt0274370
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt0154527
IRS990/InterestGrp/TotalAmt0632274
IRS990/InvestmentIncomeGrp/ExclusionAmt0836752
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0836752
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt049878879
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt052451888
IRS990/IRPDocumentCnt033367
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011099985
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09910525
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09526709
IRS990/LandBldgEquipCostOrOtherBssAmt020626694
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01222000
IRS990/LessRentalExpensesGrp/RealAmt0213310
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/BOYAmt055814000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt043249027
IRS990/NetAssetsOrFundBalancesBOYAmt059778301
IRS990/NetAssetsOrFundBalancesEOYAmt062735244
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt023301
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt023301
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt061060
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt061060
IRS990/NetUnrelatedBusTxblIncmAmt0-73251
IRS990/NetUnrlzdGainsLossesInvstAmt030463
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01156887
IRS990/OfficeExpensesGrp/TotalAmt0435982
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01213726
IRS990/OtherAssetsTotalGrp/EOYAmt01446191
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0919557
IRS990/OtherExpensesGrp/Desc0LOAN EXPENSE
IRS990/OtherExpensesGrp/Desc1FISERV NSP EXPENSE
IRS990/OtherExpensesGrp/Desc2ATM EXPENSE
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOSS
IRS990/OtherExpensesGrp/TotalAmt01389674
IRS990/OtherExpensesGrp/TotalAmt1874777
IRS990/OtherExpensesGrp/TotalAmt2676905
IRS990/OtherExpensesGrp/TotalAmt3407888
IRS990/OtherLiabilitiesGrp/BOYAmt0310598959
IRS990/OtherLiabilitiesGrp/EOYAmt0316749669
IRS990/OtherSalariesAndWagesGrp/TotalAmt04326962
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0354579230
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0350104632
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0403373
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0331871
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0231357
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0299792
IRS990/PrincipalOfficerNm0ROBERT GUSTAFSON
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3524292
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE CHARGES
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IRS990/ProgramServiceRevenueGrp/Desc3LOAN SERVICING FEES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12488820
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21016497
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt397065
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014279010
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12780874
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21016497
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt397065
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0292054
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt01052026
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherExpensesAmt08206334
IRS990/PYOtherRevenueAmt065838
IRS990/PYProgramServiceRevenueAmt017793269
IRS990/PYRevenuesLessExpensesAmt03108950
IRS990/PYSalariesCompEmpBnftPaidAmt06374170
IRS990/PYTotalExpensesAmt015632530
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt018741480
IRS990/ReconcilationRevenueExpnssAmt02926480
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt061060
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt059778301
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt062735244
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02099227
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0135937
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04981354
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03527677
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08509031
IRS990ScheduleD/EquipmentGrp/BookValueAmt01156774
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06907733
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08064507
IRS990ScheduleD/ExpensesNotReportedAmt0213310

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$425,875,266
Liabilities
$363,140,022
Net assets
$62,735,244
Revenue
$19,094,559
Expenses
$16,168,079
Net income
$2,926,480
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