Civic Intelligence

Bridgewater Credit Union

990 • Fiscal year 2013 • EIN 04-2030899

Jan 01, 2013 to Dec 31, 2013 • Filed on Mar 04, 2014

Organization ProfileWWW.BRIDGEWATERCU.COM

View Organization Page

75 Main Street PO Box 610Lawrence, MA 02324-0610

(508) 697-8101

Siviq Scores

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

Liabilities / Assets

51st percentile

0.90x

Higher debt load relative to assets than 51% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

79th percentile

21.74x

Higher debt load relative to revenue than 79% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Net Margin

20th percentile

7.7%

Higher net margin than 20% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Top Officer Pay

63rd percentile

$413,831

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Asset Growth

8th percentile

-0.4%

Faster asset growth than 8% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2012 to 2013

Revenue Growth

11th percentile

-12%

Faster revenue growth than 11% of similar nonprofits.

2013 filings • $250M-$1B nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets51st percentile

Assets

Down

$332,820,982

Down $1,192,392 (-0.4%) from 2012

Net Assets

Up

$34,467,953

Up $434,886 (+1.3%) from 2012

Liabilities

Down

$298,353,029

Down $1,627,278 (-0.5%) from 2012

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin20th percentile

Revenue

Down

$13,725,621

Down $1,895,799 (-12%) from 2012

Expenses

Down

$12,662,424

Down $740,000 (-5.5%) from 2012

Net Income

Down

$1,063,197

Down $1,155,799 (-52%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$400M$300M$200M$100M$0Assets 2010: $306,867,181Liabilities 2010: $276,972,297Net Assets 2010: $29,894,8842010Assets 2011: $329,886,894Liabilities 2011: $298,086,763Net Assets 2011: $31,800,1312011Assets 2012: $334,013,374Liabilities 2012: $299,980,307Net Assets 2012: $34,033,0672012Assets 2013: $332,820,982Liabilities 2013: $298,353,029Net Assets 2013: $34,467,9532013Assets 2014: $331,909,172Liabilities 2014: $296,481,473Net Assets 2014: $35,427,6992014Assets 2015: $338,095,448Liabilities 2015: $303,169,254Net Assets 2015: $34,926,1942015Assets 2016: $346,272,891Liabilities 2016: $311,031,782Net Assets 2016: $35,241,1092016Assets 2017: $356,962,189Liabilities 2017: $321,708,522Net Assets 2017: $35,253,6672017Assets 2018: $378,936,415Liabilities 2018: $343,963,460Net Assets 2018: $34,972,9552018

Highlighted filing

2013

Assets$332,820,982
Liabilities$298,353,029
Net Assets$34,467,953
Open 2013 Filing

Operations Trend

Revenue Growth11th percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $14,687,1912010Expenses 2011: $14,184,9362011Revenue 2012: $15,621,420Expenses 2012: $13,402,424Net Income 2012: $2,218,9962012Revenue 2013: $13,725,621Expenses 2013: $12,662,424Net Income 2013: $1,063,1972013Revenue 2014: $12,942,428Expenses 2014: $12,106,212Net Income 2014: $836,2162014Revenue 2015: $12,456,824Expenses 2015: $12,741,924Net Income 2015: -$285,1002015Revenue 2016: $12,502,094Expenses 2016: $12,007,079Net Income 2016: $495,0152016Revenue 2017: $12,855,109Expenses 2017: $12,520,021Net Income 2017: $335,0882017Revenue 2018: $14,346,550Expenses 2018: $13,961,575Net Income 2018: $384,9752018

Highlighted filing

2013

Revenue$13,725,621
Expenses$12,662,424
Net Income$1,063,197
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Mar 4, 2014
Return Version
2013v3.0
Gross Receipts
$13,748,126
Mission and Program Overview

Mission

State chartered community credit union serving approximately 30,000 members offering a wide variety of loan and deposit products.

Member owned financial institution offering a variety of savings and loan products.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$248,478,359$249,135,685▲ $657,326
Investments Other Securities$50,005,995$48,161,404▼ $1,844,591
Rtn Earn Endowment Incm Other Fnds$34,033,067$34,467,953▲ $434,886
Savings and Temporary Cash Investments$23,565,704$24,373,315▲ $807,611
Land, Buildings, and Equipment, Net$7,494,545$7,071,946▼ $422,599
Cash and Non-Interest-Bearing Accounts$1,769,541$1,631,707▼ $137,834
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$334,013,374$332,820,982▼ $1,192,392
Other Assets Total$2,699,230$2,446,925▼ $252,305
Liabilities
Other Liabilities$265,762,108$264,003,400▼ $1,758,708
Mortgage Notes Payable Secured by Investment Property$33,784,741$33,865,656▲ $80,915
Accounts Payable and Accrued Expenses$433,458$483,973▲ $50,515
Total Liabilities$299,980,307$298,353,029▼ $1,627,278
Net Assets / Fund Balance
Total Net Assets Fund Balance$34,033,067$34,467,953▲ $434,886
Total Liabilities and Net Assets / Fund Balance$334,013,374$332,820,982▼ $1,192,392

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,227,980$2,258,674$6,486,654
Equipment$375,962$3,415,186$3,791,148
Leasehold Improvements$1,592,085$844,974$2,437,059
Land$875,919-$875,919
Other Securities$7,431,270--
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Audrey PhinneyPresident/CEO and DirectorFT$393,680$20,151$413,831
Dennis KenneyVP/treasurerFT$145,635$17,608$163,243
Linda BracketMortgage OriginatorFT$119,602$14,062$133,664
Jim BellVP/information TechFT$114,053$17,753$131,806
John HimmelVP/cons Lending/collectionFT$100,745$17,765$118,510
Kevin BurnsVP/mortgagesFT$110,398$7,270$117,668
David WolohojianVP/branch AdministrationFT$94,997$17,425$112,422
Brian McmahonComm. Bus. Devel. OfficerFT$96,509$13,359$109,868
Donna HaleyMortgage OriginatorFT$100,601$5,691$106,292
Mark CampanaleVP/marketingFT$85,018$15,156$100,174
Patty MungerVP/human ResourcesFT$87,773$8,109$95,882
Brian MccormickDirector--$3,904$3,904
David ThomasDirector--$3,904$3,904
Raymond ArabaszDirector--$3,904$3,904
Stephanie SousaDirector--$3,904$3,904
Anne CreamerDirector--$96$96
Bernard MullhollandDirector--$96$96
Lisa StrattonDirector--$96$96

Board Members and Trustees

NameTitle
David LondonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,086,096
Investment Income
$639,525
Other Revenue
$0
Change in Net Assets
$1,063,197

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,725,621
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$499
Total Revenue per Audited Statements
$13,726,120
Total Revenue per Form 990
$13,725,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,463,170
Salaries, Compensation, and Employee Benefits$5,199,254
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,788,897
Interest---$2,231,146
Current Officers, Directors, Trustees, and Key Employees---$1,619,264
Occupancy---$696,064
Depreciation Depletion---$469,919
Advertising---$447,261
All Other Expenses---$404,702
Payroll Taxes---$346,911
Other Employee Benefits---$345,161
Other Expenses---$213,004
Fees for Services Accounting---$181,914
Office Expenses---$147,546
Pension Plan Contributions---$99,021
Conferences and Meetings---$45,822
Travel---$38,274
Fees for Services Legal---$12,535
Total Functional Expenses$0$0$0$12,662,424

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,662,923
Expenses per Audited Statements$12,662,424
Total Expenses per Form 990$12,662,424
Expenses Not Reported on Form 990$499
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$22,505
Fundraising Gross Income$22,505
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$22,505$22,505$13,715$8,790
Total Events$22,505$22,505$22,505$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Audrey PhinneyCEO of Credit Union and Board Member of Eascorp-No-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Members Deposits and Escrows$264,003,400
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
Yes
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Depositors with a minimum balance of $5 in their savings account are members.”

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

“The board of directors are voted by the members at the annual meeting.”

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

“Election of directors, charter changes and mergers require a vote by the members. Only members that attend these meetings are required to vote.”

Form 990, Part VI, Section B, Line 11

“A copy of the form 990 is given to the vp-treasurer of the credit union for review and then he provides a copy to the audit committee for their final review before it is filed.”

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

“Conflicts are monitored by the credit union annually.”

Form 990, Part VI, Section B, Line 15

“The credit union uses compensation survey's for general pay scales and for comparable compensation for similar persons. The board of directors are required to approve the compensation agreements at meetings of which records are kept.”

Form 990, Part VI, Section C, Line 19

“The credit union's financial statements are available in the lobby of each branch and the privacy policies are available upon request. The call report information is available on the ncua website.”

Filing and Contact Details

Filer

EIN
04-2030899
Phone
5086978101

Signing Officer

Name
Audrey Phinney
Title
President
Phone
5086978101
Signed
2014-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis J Kenney
Formed
1941
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
8
Employees
94
Volunteers
8

Preparer

Preparer
Giuseppe Femia CPA
Phone
6176968900
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Audited financial statements were prepared as of 12/31/13”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Bcu financial llc net income (loss) 499.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses of subsidiary-bcu financial llc 499.”

Raw XML AppendixShowing 400 of 593 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/TitleTxt9VP/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP/CONS LENDING/COLLECTION
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP/INFORMATION TECH
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP/MORTGAGES
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP/HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP/BRANCH ADMINISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt15COMM. BUS. DEVEL. OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP/MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt17MORTGAGE ORIGINATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18MORTGAGE ORIGINATOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01941
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt022505
IRS990/FundraisingGrossIncomeAmt022505
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt013748126
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/TotalAmt02231146
IRS990/InvestmentIncomeGrp/ExclusionAmt0639525
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0639525
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt050005995
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt048161404
IRS990/IRPDocumentCnt07362
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06518834
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07494545
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07071946
IRS990/LandBldgEquipCostOrOtherBssAmt013590780
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0STATE CHARTERED COMMUNITY CREDIT UNION SERVING APPROXIMATELY 27,000 MEMBERS OFFERING A WIDE VARIETY OF LOAN AND DEPOSIT PRODUCTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt033784741
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt033865656
IRS990/NetAssetsOrFundBalancesBOYAmt034033067
IRS990/NetAssetsOrFundBalancesEOYAmt034467953
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-628311
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0696064
IRS990/OfficeExpensesGrp/TotalAmt0147546
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02699230
IRS990/OtherAssetsTotalGrp/EOYAmt02446925
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0345161
IRS990/OtherExpensesGrp/Desc0DATA PROCESSING
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3CORPORATE STABILIZATION
IRS990/OtherExpensesGrp/TotalAmt01533301
IRS990/OtherExpensesGrp/TotalAmt1595682
IRS990/OtherExpensesGrp/TotalAmt2446000
IRS990/OtherExpensesGrp/TotalAmt3213004
IRS990/OtherLiabilitiesGrp/BOYAmt0265762108
IRS990/OtherLiabilitiesGrp/EOYAmt0264003400
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherSalariesAndWagesGrp/TotalAmt02788897
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0248478359
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0249135685
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt0346911
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt099021
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DENNIS J KENNEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/BusinessCd4522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2GAINS ON SALE OF LOANS
IRS990/ProgramServiceRevenueGrp/Desc3EQUITY IN INVEST IN OCTANT LLC
IRS990/ProgramServiceRevenueGrp/Desc4OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010221881
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12236317
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2542903
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt347135
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt438359
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010221881
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12236317
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2542903
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt347135
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt438359
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0720668
IRS990/PYOtherExpensesAmt08418014
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt014900752
IRS990/PYRevenuesLessExpensesAmt02218996
IRS990/PYSalariesCompEmpBnftPaidAmt04984410
IRS990/PYTotalExpensesAmt013402424
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015621420
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01063197
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt034033067
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt034467953
IRS990/SavingsAndTempCashInvstGrp/BOYAmt023565704
IRS990/SavingsAndTempCashInvstGrp/EOYAmt024373315
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04227980
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02258674
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06486654
IRS990ScheduleD/EquipmentGrp/BookValueAmt0375962
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03415186
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03791148
IRS990ScheduleD/ExpensesNotReportedAmt0499
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt012662424
IRS990ScheduleD/LandGrp/BookValueAmt0875919
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0875919
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01592085
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0844974
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02437059
IRS990ScheduleD/OtherExpensesIncludedAmt0499
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0264003400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS DEPOSITS AND ESCROWS
IRS990ScheduleD/OtherRevenueAmt0499
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt020000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt12633000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt22662551
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3711636
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt44710
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt5123086
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt623731059
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt76009411
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt84831027
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt93654
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt107431270
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CO-OP STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FHLB STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc2NCUSIF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc3EASCORP MEMBERSHIP DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/Desc4INVESTMENT IN BCU FINANCIAL LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc5INVESTMENT IN OCTANT BUSINESS SERVICES, LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc6FEDERAL AGENCY BONDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc7COLLATERALIZED MORTGAGE OBLIGATIONS
IRS990ScheduleD/OtherSecuritiesGrp/Desc8MORTGAGE BACKED SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc9HELD TO MATURITY MORTGAGE BACKED SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc10NEGOTIABLE CDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd8F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd9C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd10F
IRS990ScheduleD/RevenueNotReportedAmt0499
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt013725621
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BCU FINANCIAL LLC NET INCOME (LOSS) 499.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EXPENSES OF SUBSIDIARY-BCU FINANCIAL LLC 499.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07071946

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$332,820,982
Liabilities
$298,353,029
Net assets
$34,467,953
Revenue
$13,725,621
Expenses
$12,662,424
Net income
$1,063,197
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$379$344$35.0$14.3$14.0$0.38
2017Detailed filing. Detailed filing data is available for this year.$357$322$35.3$12.9$12.5$0.34
2016Detailed filing. Detailed filing data is available for this year.$346$311$35.2$12.5$12.0$0.50
2015Detailed filing. Detailed filing data is available for this year.$338$303$34.9$12.5$12.7$0.29
2014Detailed filing. Detailed filing data is available for this year.$332$296$35.4$12.9$12.1$0.84
2013Detailed filing. Detailed filing data is available for this year.$333$298$34.5$13.7$12.7$1.06
2012Summary only. Only limited summary data is available for this year.$334$300$34.0$15.6$13.4$2.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$330$298$31.8$14.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$307$277$29.9$14.7