Civic Intelligence

Bridgewater Credit Union

990 • Fiscal year 2014 • EIN 04-2030899

Jan 01, 2014 to Dec 31, 2014 • Filed on Feb 13, 2015

Organization ProfileWWW.BRIDGEWATERCU.COM

View Organization Page

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

(508) 697-8101

Siviq Scores

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

Liabilities / Assets

49th percentile

0.89x

Higher debt load relative to assets than 49% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

22.91x

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

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

Net Margin

12th percentile

6.5%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

69th percentile

$460,480

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

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

Asset Growth

7th percentile

-0.3%

Faster asset growth than 7% of similar nonprofits.

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

Revenue Growth

7th percentile

-5.7%

Faster revenue growth than 7% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$331,909,172

Down $911,810 (-0.3%) from 2013

Net Assets

Up

$35,427,699

Up $959,746 (+2.8%) from 2013

Liabilities

Down

$296,481,473

Down $1,871,556 (-0.6%) from 2013

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin12th percentile

Revenue

Down

$12,942,428

Down $783,193 (-5.7%) from 2013

Expenses

Down

$12,106,212

Down $556,212 (-4.4%) from 2013

Net Income

Down

$836,216

Down $226,981 (-21%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth7th 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

2014

Assets$331,909,172
Liabilities$296,481,473
Net Assets$35,427,699
Open 2014 Filing

Operations Trend

Revenue Growth7th 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

2014

Revenue$12,942,428
Expenses$12,106,212
Net Income$836,216
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Feb 13, 2015
Return Version
2014v5.0
Gross Receipts
$17,946,521
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$249,135,685$242,233,848▼ $6,901,837
Investments Other Securities$48,161,404$58,159,982▲ $9,998,578
Rtn Earn Endowment Incm Other Fnds$34,467,953$35,427,699▲ $959,746
Savings and Temporary Cash Investments$24,373,315$19,746,630▼ $4,626,685
Land, Buildings, and Equipment, Net$7,071,946$6,754,359▼ $317,587
Cash and Non-Interest-Bearing Accounts$1,631,707$2,501,074▲ $869,367
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$332,820,982$331,909,172▼ $911,810
Other Assets Total$2,446,925$2,513,279▲ $66,354
Liabilities
Other Liabilities$264,003,400$267,551,441▲ $3,548,041
Mortgage Notes Payable Secured by Investment Property$33,865,656$28,274,500▼ $5,591,156
Accounts Payable and Accrued Expenses$483,973$655,532▲ $171,559
Total Liabilities$298,353,029$296,481,473▼ $1,871,556
Net Assets / Fund Balance
Total Net Assets Fund Balance$34,467,953$35,427,699▲ $959,746
Total Liabilities and Net Assets / Fund Balance$332,820,982$331,909,172▼ $911,810

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,100,350$2,426,288$6,526,638
Equipment$309,883$3,548,310$3,858,193
Leasehold Improvements$1,468,207$968,852$2,437,059
Land$875,919-$875,919
Other Securities$8,911,640--
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Audrey GallivanPresident/CEO and DirectorFT$409,250$51,230$460,480
Dennis KenneyVP/treasurerFT$149,447$20,373$169,820
Jim BellVP/information TechFT$119,800$18,488$138,288
Kevin BurnsVP/mortgagesFT$119,824$7,721$127,545
John HimmelVP/cons Lending/collectionFT$108,210$18,650$126,860
Brian McmahonComm. Bus. Devel. OfficerFT$107,449$14,017$121,466
David WolohojianVP/branch AdministrationFT$98,971$15,582$114,553
Mark CampanaleVP/marketingFT$90,159$17,659$107,818
Patty MungerVP/human ResourcesFT$65,491$7,880$73,371
Lisa SparlingVP/human ResourcesFT$15,135-$15,135
Brian MccormickDirector--$4,160$4,160
Stephanie SousaDirector--$4,160$4,160
Raymond ArabaszDirector--$4,017$4,017
David ThomasDirector--$2,990$2,990
Anne CreamerDirector--$77$77
Bernard MullhollandDirector--$77$77
David LondonDirector--$77$77
Mary K BriandDirector--$77$77
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,099,969
Investment Income
$842,459
Other Revenue
$0
Change in Net Assets
$836,216

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,942,428
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$499
Total Revenue per Audited Statements
$12,942,927
Total Revenue per Form 990
$12,942,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,795,769
Salaries, Compensation, and Employee Benefits$5,310,443
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,978,343
Interest---$2,024,791
Current Officers, Directors, Trustees, and Key Employees---$1,470,972
Occupancy---$756,900
Depreciation Depletion---$450,499
Other Employee Benefits---$402,665
Payroll Taxes---$345,888
Advertising---$301,655
Other Expenses---$168,412
Office Expenses---$163,961
All Other Expenses---$160,727
Fees for Services Other---$160,174
Fees for Services Accounting---$150,000
Pension Plan Contributions---$112,575
Insurance---$57,369
Travel---$30,786
Conferences and Meetings---$28,832
Fees for Services Legal---$24,606
Total Functional Expenses$0$0$0$12,106,212

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,106,711
Expenses per Audited Statements$12,106,212
Total Expenses per Form 990$12,106,212
Expenses Not Reported on Form 990$499
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
Insider Transactions and Loans

Interested-Person Transactions

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

Other Reported Liabilities

LiabilityAmount
Members Deposits and Escrows$267,551,441
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

Filer Name
Bridgewater Credit Union
EIN
04-2030899
Phone
5086978101
Address
75 MAIN STREET PO BOX 610, BRIDGEWATER, MA 02324-0610

Signing Officer

Name
Audrey Gallivan
Title
President
Phone
5086978101
Signed
2015-02-13
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
119
Volunteers
0

Preparer

Firm
Gerald T Reilly & Company
Address
424 ADAMS STREET, MILTON, MA 02186
Preparer
Giuseppe Femia CPA
Phone
6176968900
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Audited financial statements were prepared as of 12/31/14”

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 577 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/TitleTxt15VP/MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP/HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt17COMM. BUS. DEVEL. OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01941
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt089434
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05093527
IRS990/GrossReceiptsAmt017946521
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt057369
IRS990/InterestGrp/TotalAmt02024791
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0753025
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0753025
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt048161404
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt058159982
IRS990/IRPDocumentCnt06653
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06943450
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07071946
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06754359
IRS990/LandBldgEquipCostOrOtherBssAmt013697809
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05004093
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0STATE CHARTERED COMMUNITY CREDIT UNION SERVING APPROXIMATELY 30,000 MEMBERS OFFERING A WIDE VARIETY OF LOAN AND DEPOSIT PRODUCTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt033865656
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt028274500
IRS990/NetAssetsOrFundBalancesBOYAmt034467953
IRS990/NetAssetsOrFundBalancesEOYAmt035427699
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt089434
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt089434
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0123530
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0756900
IRS990/OfficeExpensesGrp/TotalAmt0163961
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02446925
IRS990/OtherAssetsTotalGrp/EOYAmt02513279
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0402665
IRS990/OtherExpensesGrp/Desc0DATA PROCESSING
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3POSTAGE
IRS990/OtherExpensesGrp/TotalAmt01563868
IRS990/OtherExpensesGrp/TotalAmt1502689
IRS990/OtherExpensesGrp/TotalAmt2250500
IRS990/OtherExpensesGrp/TotalAmt3168412
IRS990/OtherLiabilitiesGrp/BOYAmt0264003400
IRS990/OtherLiabilitiesGrp/EOYAmt0267551441
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherSalariesAndWagesGrp/TotalAmt02978343
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0249135685
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0242233848
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt0345888
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0112575
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/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc4EQUITY IN INVEST IN OCTANT LLC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09607355
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12208898
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2237263
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt342580
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt44372
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09607355
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12208898
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2237263
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt342580
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44372
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0639525
IRS990/PYOtherExpensesAmt07463170
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt013086096
IRS990/PYRevenuesLessExpensesAmt01063197
IRS990/PYSalariesCompEmpBnftPaidAmt05199254
IRS990/PYTotalExpensesAmt012662424
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013725621
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0836216
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt034467953
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt035427699
IRS990/SavingsAndTempCashInvstGrp/BOYAmt024373315
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019746630
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04100350
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02426288
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06526638
IRS990ScheduleD/EquipmentGrp/BookValueAmt0309883
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03548310
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03858193
IRS990ScheduleD/ExpensesNotReportedAmt0499
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt012106212
IRS990ScheduleD/LandGrp/BookValueAmt0875919
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0875919
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01468207
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0968852
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02437059
IRS990ScheduleD/OtherExpensesIncludedAmt0499
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0267551441
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS DEPOSITS AND ESCROWS
IRS990ScheduleD/OtherRevenueAmt0499
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt020000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt12188600
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt22628745
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3711636
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt44211
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt597458
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt630542725
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt710277131
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt82775428
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt92408
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt108911640
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/RevenueSubtotalAmt012942428
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/TotalBookValueLandBuildingsAmt06754359
IRS990ScheduleD/TotalBookValueSecuritiesAmt058159982
IRS990ScheduleD/TotalExpensesPerForm990Amt012106212
IRS990ScheduleD/TotalLiabilityAmt0267551441

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$331,909,172
Liabilities
$296,481,473
Net assets
$35,427,699
Revenue
$12,942,428
Expenses
$12,106,212
Net income
$836,216
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