Civic Intelligence

Holyoke Credit Union

990 • Fiscal year 2013 • EIN 04-1448660

Jan 01, 2013 to Dec 31, 2013 • Filed on Apr 15, 2013

Organization Profilewww.holyokecu.com

View Organization Page

490 Westfield RoadSuiteHolyoke, MA 01040

(413) 532-7007

Siviq Scores

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

Liabilities / Assets

36th percentile

0.89x

Higher debt load relative to assets than 36% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Liabilities / Revenue

18th percentile

13.56x

Higher debt load relative to revenue than 18% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Net Margin

54th percentile

11%

Higher net margin than 54% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Top Officer Pay

48th percentile

$187,365

Higher top officer pay than 48% of similar nonprofits.

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

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Asset Growth

24th percentile

0.4%

Faster asset growth than 24% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$137,492,624

Up $584,848 (+0.4%) from 2012

Net Assets

Up

$15,648,801

Up $204,794 (+1.3%) from 2012

Liabilities

Up

$121,843,823

Up $380,054 (+0.3%) from 2012

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin54th percentile

Revenue

$8,983,991

No earlier filing loaded for comparison.

Expenses

Down

$7,964,913

Down $264,315 (-3.2%) from 2012

Net Income

$1,019,078

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$300M$200M$100M$0Assets 2010: $134,894,896Liabilities 2010: $121,250,876Net Assets 2010: $13,644,0202010Assets 2011: $139,786,285Liabilities 2011: $125,484,301Net Assets 2011: $14,301,9842011Assets 2012: $136,907,776Liabilities 2012: $121,463,769Net Assets 2012: $15,444,0072012Assets 2013: $137,492,624Liabilities 2013: $121,843,823Net Assets 2013: $15,648,8012013Assets 2014: $145,435,131Liabilities 2014: $129,383,363Net Assets 2014: $16,051,7682014Assets 2015: $153,742,050Liabilities 2015: $137,056,950Net Assets 2015: $16,685,1002015Assets 2016: $182,703,080Liabilities 2016: $165,435,042Net Assets 2016: $17,268,0382016Assets 2017: $195,462,491Liabilities 2017: $177,594,603Net Assets 2017: $17,867,8882017Assets 2018: $196,145,655Liabilities 2018: $177,788,401Net Assets 2018: $18,357,2542018Assets 2019: $205,289,367Liabilities 2019: $185,777,709Net Assets 2019: $19,511,6582019Assets 2020: $227,078,051Liabilities 2020: $204,839,766Net Assets 2020: $22,238,2852020Assets 2021: $242,121,845Liabilities 2021: $220,863,049Net Assets 2021: $21,258,7962021Assets 2022: $254,372,424Liabilities 2022: $243,653,988Net Assets 2022: $10,718,4362022Assets 2023: $268,762,394Liabilities 2023: $255,541,291Net Assets 2023: $13,221,1032023Assets 2024: $290,153,007Liabilities 2024: $275,900,841Net Assets 2024: $14,252,1662024

Highlighted filing

2013

Assets$137,492,624
Liabilities$121,843,823
Net Assets$15,648,801
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20M$15M$10M$5.0M$0Expenses 2010: $7,695,3452010Expenses 2011: $7,469,0162011Expenses 2012: $8,229,2282012Revenue 2013: $8,983,991Expenses 2013: $7,964,913Net Income 2013: $1,019,0782013Revenue 2014: $8,042,213Expenses 2014: $7,766,327Net Income 2014: $275,8862014Revenue 2015: $8,277,493Expenses 2015: $7,736,330Net Income 2015: $541,1632015Revenue 2016: $9,219,886Expenses 2016: $8,370,739Net Income 2016: $849,1472016Revenue 2017: $9,818,528Expenses 2017: $9,060,164Net Income 2017: $758,3642017Revenue 2018: $10,328,968Expenses 2018: $9,672,783Net Income 2018: $656,1852018Revenue 2019: $11,655,369Expenses 2019: $10,644,557Net Income 2019: $1,010,8122019Revenue 2020: $10,939,108Expenses 2020: $9,304,369Net Income 2020: $1,634,7392020Revenue 2021: $10,425,579Expenses 2021: $8,909,846Net Income 2021: $1,515,7332021Revenue 2022: $10,438,136Expenses 2022: $9,354,398Net Income 2022: $1,083,7382022Revenue 2023: $12,721,013Expenses 2023: $12,497,017Net Income 2023: $223,9962023Revenue 2024: $15,347,549Expenses 2024: $15,093,907Net Income 2024: $253,6422024

Highlighted filing

2013

Revenue$8,983,991
Expenses$7,964,913
Net Income$1,019,078
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Apr 15, 2013
Return Version
2013v3.1
Gross Receipts
$8,983,991
Mission and Program Overview

Mission

CREDIT UNION

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$88,939,499$82,772,385▼ $6,167,114
Investments in Publicly Traded Securities$28,425,045$36,173,330▲ $7,748,285
Rtn Earn Endowment Incm Other Fnds$15,444,007$15,648,801▲ $204,794
Savings and Temporary Cash Investments$7,738,785$6,610,641▼ $1,128,144
Land, Buildings, and Equipment, Net$3,907,465$3,758,037▼ $149,428
Prepaid Expenses and Deferred Charges$2,600,581$3,140,946▲ $540,365
Cash and Non-Interest-Bearing Accounts$2,285,809$2,151,473▼ $134,336
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$136,907,776$137,492,624▲ $584,848
Other Assets Total$3,010,592$2,885,812▼ $124,780
Liabilities
Other Liabilities$93,605,966$93,971,178▲ $365,212
Mortgage Notes Payable Secured by Investment Property$26,500,000$27,000,000▲ $500,000
Accounts Payable and Accrued Expenses$1,357,803$872,645▼ $485,158
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$121,463,769$121,843,823▲ $380,054
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,444,007$15,648,801▲ $204,794
Total Liabilities and Net Assets / Fund Balance$136,907,776$137,492,624▲ $584,848

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,405,801$1,241,923-
Land$449,015--
Equipment$542,452$1,013,335-
Leasehold Improvements$360,769$175,639-
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleBaseTotal
Michael E MurphyPres./CEO$187,365$187,365
Jay WolohanExecutive Vice President$104,252$104,252
DANIEL O'NEILLSenior Vice Pres Comm Lending$94,273$94,273

Board Members and Trustees

NameTitle
Anne Marie MaronaAudit Committee Chair
Thomas G PaquinChairman
Daniel CantinDirector
Dennis MoranDirector
Edward J DalyDirector
Karl SchmaelzleDirector
Michael GhazilDirector
Nicholas F FiorentinoDirector
Robert A PerkinsDirector
Robert E SwanDirector
Robert I FerrierDirector
Joseph A BeaulieuTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,867,782
Investment Income
$5,116,209
Other Revenue
$0
Change in Net Assets
$1,019,078

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,983,991
Total Revenue per Audited Statements
$8,983,991
Total Revenue per Form 990
$8,983,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,117,926
Salaries, Compensation, and Employee Benefits$2,846,987
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$1,884,262-$1,884,262
All Other Expenses-$1,401,713-$1,401,713
Interest$490,085$409,778-$899,863
Other Expenses-$779,066-$779,066
Office Expenses-$449,440-$449,440
Occupancy-$434,236-$434,236
Current Officers, Directors, Trustees, and Key Employees-$385,890-$385,890
Depreciation Depletion-$274,851-$274,851
Advertising-$267,003-$267,003
Payroll Taxes-$198,072-$198,072
Pension Plan Contributions-$192,112-$192,112
Other Employee Benefits-$186,651-$186,651
Insurance-$99,524-$99,524
Conferences and Meetings-$88,252-$88,252
Fees for Services Accounting-$70,004-$70,004
Fees for Services Legal-$16,752-$16,752
Total Functional Expenses$490,085$7,474,828$0$7,964,913

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,964,913
Total Expenses per Audited Statements$7,964,913
Total Expenses per Form 990$7,964,913
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$93,971,178
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section C, Question 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Part VI, Section B, 11B

“A board member reviews the 990 before it is filed.”

Filing and Contact Details

Filer

EIN
04-1448660
In Care Of
% MICHAEL E MURPHY
Phone
4135327007

Signing Officer

Name
Michael E Murphy
Title
President
Phone
4135327007
Signed
2013-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael E Murphy
Formed
1911
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
0
Employees
66

Preparer

Phone
4135341160
Supplemental Narrative

Additional Explanations

Number 5

“Change in unrealized gain on investments”

Form 990 Part IX Line 24 - Other Expenses

“Description:outside services total expenses:1280376 management and general:1280376”

Form 990 Part IX Line 24 - Other Expenses

“Description:payroll service total expenses:6986 management and general:6986”

Form 990 Part IX Line 24 - Other Expenses

“Description:loan loss provision total expenses:114351 management and general:114351”

Raw XML AppendixShowing 400 of 459 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/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CREDIT UNION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt026500000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt027000000
IRS990/NetAssetsOrFundBalancesBOYAmt015444007
IRS990/NetAssetsOrFundBalancesEOYAmt015648801
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0258126
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0258126
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-814284
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IRS990/OccupancyGrp/ManagementAndGeneralAmt0434236
IRS990/OccupancyGrp/TotalAmt0434236
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0449440
IRS990/OfficeExpensesGrp/TotalAmt0449440
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03010592
IRS990/OtherAssetsTotalGrp/EOYAmt02885812
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0186651
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0186651
IRS990/OtherExpensesGrp/Desc0MSR AMORTIZATION
IRS990/OtherExpensesGrp/Desc1CU DIRECT EXPENSES
IRS990/OtherExpensesGrp/Desc2LOSS ON SALE OF OTHER RE
IRS990/OtherExpensesGrp/Desc3BANK CHARGES AND OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0331413
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15794
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt215
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3779066
IRS990/OtherExpensesGrp/TotalAmt0331413
IRS990/OtherExpensesGrp/TotalAmt15794
IRS990/OtherExpensesGrp/TotalAmt215
IRS990/OtherExpensesGrp/TotalAmt3779066
IRS990/OtherLiabilitiesGrp/BOYAmt093605966
IRS990/OtherLiabilitiesGrp/EOYAmt093971178
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01884262
IRS990/OtherSalariesAndWagesGrp/TotalAmt01884262
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt088939499
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt082772385
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0198072
IRS990/PayrollTaxesGrp/TotalAmt0198072
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0192112
IRS990/PensionPlanContributionsGrp/TotalAmt0192112
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02600581
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03140946
IRS990/PrincipalOfficerNm0MICHAEL E MURPHY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03867782
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03867782
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05929567
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt05581475
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03564913
IRS990/PYRevenuesLessExpensesAmt01265252
IRS990/PYSalariesCompEmpBnftPaidAmt02647753
IRS990/PYTotalExpensesAmt08229228
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09494480
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01019078
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt015444007
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt015648801
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07738785
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06610641
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02405801
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01241923
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03647724
IRS990ScheduleD/EquipmentGrp/BookValueAmt0542452
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01013335
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01555787
IRS990ScheduleD/ExpensesSubtotalAmt07964913
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0449015
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0449015
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0360769
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0175639
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0536408
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt093971178
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/RevenueSubtotalAmt08983991
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03758037
IRS990ScheduleD/TotalExpensesPerForm990Amt07964913
IRS990ScheduleD/TotalLiabilityAmt093971178
IRS990ScheduleD/TotalRevenuePerForm990Amt08983991
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08983991
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07964913
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0187365
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL E MURPHY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRES./CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0187365
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A BOARD MEMBER REVIEWS THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGE IN UNREALIZED GAIN ON INVESTMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:OUTSIDE SERVICES TOTAL EXPENSES:1280376 MANAGEMENT AND GENERAL:1280376
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:PAYROLL SERVICE TOTAL EXPENSES:6986 MANAGEMENT AND GENERAL:6986
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:LOAN LOSS PROVISION TOTAL EXPENSES:114351 MANAGEMENT AND GENERAL:114351
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION C, QUESTION 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION B, 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2NUMBER 5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0136907776
IRS990/TotalAssetsEOYAmt0137492624
IRS990/TotalAssetsGrp/BOYAmt0136907776
IRS990/TotalAssetsGrp/EOYAmt0137492624
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt066
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07474828
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0490085

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$137,492,624
Liabilities
$121,843,823
Net assets
$15,648,801
Revenue
$8,983,991
Expenses
$7,964,913
Net income
$1,019,078
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$290$276$14.3$15.3$15.1$0.25
2023Detailed filing. Detailed filing data is available for this year.$269$256$13.2$12.7$12.5$0.22
2022Detailed filing. Detailed filing data is available for this year.$254$244$10.7$10.4$9.35$1.08
2021Detailed filing. Detailed filing data is available for this year.$242$221$21.3$10.4$8.91$1.52
2020Detailed filing. Detailed filing data is available for this year.$227$205$22.2$10.9$9.30$1.63
2019Detailed filing. Detailed filing data is available for this year.$205$186$19.5$11.7$10.6$1.01
2018Detailed filing. Detailed filing data is available for this year.$196$178$18.4$10.3$9.67$0.66
2017Detailed filing. Detailed filing data is available for this year.$195$178$17.9$9.82$9.06$0.76
2016Detailed filing. Detailed filing data is available for this year.$183$165$17.3$9.22$8.37$0.85
2015Detailed filing. Detailed filing data is available for this year.$154$137$16.7$8.28$7.74$0.54
2014Detailed filing. Detailed filing data is available for this year.$145$129$16.1$8.04$7.77$0.28
2013Detailed filing. Detailed filing data is available for this year.$137$122$15.6$8.98$7.96$1.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$137$121$15.4$8.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$140$125$14.3$7.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$135$121$13.6$7.70