Civic Intelligence

Worcester Police Department Credit Union

EIN 04-2064875 • 501(c)14 • Worcester, MA

View Organization Page

Profile

To provide cost effective loans and shares, and avariety of banking services to the members of the credit union

805 West Boylston StreetWorcester, MA 01606

www.wpdcu.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.87x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

72nd percentile

19.32x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2015

Net Margin

51st percentile

8.0%

Higher net margin than 51% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

72nd percentile

$101,000

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

501(c)14 • $10M-$25M nonprofits • Source year 2014

Asset Growth

81st percentile

5.4%

Faster asset growth than 81% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

23rd percentile

-1.4%

Faster revenue growth than 23% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$15,066,562

Up $766,869 (+5.4%) from 2014

Liabilities

Up

$13,082,958

Up $712,399 (+5.8%) from 2014

Net Assets

Up

$1,983,604

Up $54,470 (+2.8%) from 2014

Operations
Liabilities / Revenue72nd percentileNet Margin51st percentile

Revenue

Down

$677,254

Down $9,825 (-1.4%) from 2014

Expenses

Down

$622,784

Down $6,124 (-1.0%) from 2014

Net Income

Down

$54,470

Down $3,701 (-6.4%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $12,640,407Liabilities 2010: $10,887,219Net Assets 2010: $1,753,1882010Assets 2011: $13,329,547Liabilities 2011: $11,500,357Net Assets 2011: $1,829,1902011Assets 2012: $14,158,748Liabilities 2012: $12,311,435Net Assets 2012: $1,847,3132012Assets 2013: $13,525,008Liabilities 2013: $11,654,045Net Assets 2013: $1,870,9632013Assets 2014: $14,299,693Liabilities 2014: $12,370,559Net Assets 2014: $1,929,1342014Assets 2015: $15,066,562Liabilities 2015: $13,082,958Net Assets 2015: $1,983,6042015

Highlighted filing

2015

Assets$15,066,562
Liabilities$13,082,958
Net Assets$1,983,604
Open 2015 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0Expenses 2010: $647,8472010Expenses 2011: $663,8582011Expenses 2012: $726,0602012Revenue 2013: $698,443Expenses 2013: $674,793Net Income 2013: $23,6502013Revenue 2014: $687,079Expenses 2014: $628,908Net Income 2014: $58,1712014Revenue 2015: $677,254Expenses 2015: $622,784Net Income 2015: $54,4702015

Highlighted filing

2015

Revenue$677,254
Expenses$622,784
Net Income$54,470
Open 2015 Filing

Filings

Most recent year

2015 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$15,066,562
Liabilities
$13,082,958
Net assets
$1,983,604
Revenue
$677,254
Expenses
$622,784
Net income
$54,470
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Summary only. Only limited summary data is available for this year.$15.1$13.1$1.98$0.68$0.62$0.05
2014Detailed filing. Detailed filing data is available for this year.$14.3$12.4$1.93$0.69$0.63$0.06
2013Detailed filing. Detailed filing data is available for this year.$13.5$11.7$1.87$0.70$0.67$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$12.3$1.85$0.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$11.5$1.83$0.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$10.9$1.75$0.65
Latest Detailed Filing

The latest 2015 filing currently has summary financial data only. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$687,079
Mission and Program Overview

Mission

To provide cost effective loans and shares, and avariety of banking services to the members of the credit union

The credit union provides cost effective financial services to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$10,592,693$10,917,739▲ $325,046
Rtn Earn Endowment Incm Other Fnds$1,870,963$1,929,134▲ $58,171
Investments Program Related$805,713$1,450,456▲ $644,743
Land, Buildings, and Equipment, Net$1,186,282$1,162,748▼ $23,534
Receivables From Officers Etc-$309,266-
Cash and Non-Interest-Bearing Accounts$780,468$287,790▼ $492,678
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$13,525,008$14,299,693▲ $774,685
Other Assets Total$159,852$171,694▲ $11,842
Liabilities
Other Liabilities$11,637,031$12,351,188▲ $714,157
Accounts Payable and Accrued Expenses$17,014$19,371▲ $2,357
Total Liabilities$11,654,045$12,370,559▲ $716,514
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,870,963$1,929,134▲ $58,171
Total Liabilities and Net Assets / Fund Balance$13,525,008$14,299,693▲ $774,685

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,450,456--
Buildings$493,605--
Other Land Buildings$-217,894$217,894-
Land$610,000--
Equipment$277,037--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Julie-anne PrzypekTreasurerFT$101,000$101,000
Allan LammiManager/CEOPT$63,000$63,000

Board Members and Trustees

NameTitle
John FallavollitaChairperson
Joseph DandreaVice Chairperson
Alexander DonoghueBoard Member
Jay MagarianBoard Member
Joseph GendusoBoard Member
Michael LavinBoard Member
Roger SteeleBoard Member
Walter AntulBoard Member
Dan ChvirukCredit Committee
Leo TivnanCredit Committee
Paul CampbellCredit Committee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$583,063
Investment Income
$8,082
Other Revenue
$95,934
Change in Net Assets
$58,171

Audited Revenue Reconciliation

Revenue per Audited Statements
$687,079
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$687,079
Total Revenue per Form 990
$687,079
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$358,140
Other Expenses$270,768
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$164,000
Other Salaries and Wages---$122,190
Occupancy---$60,157
Office Expenses---$55,423
Interest---$48,416
Other Employee Benefits---$29,909
Payroll Taxes---$24,041
Pension Plan Contributions---$18,000
Insurance---$8,629
All Other Expenses---$5,866
Other Expenses---$4,260
Conferences and Meetings---$2,472
Total Functional Expenses$0$0$0$628,908

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$628,908
Total Expenses per Audited Statements$628,908
Total Expenses per Form 990$628,908
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$309,266-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$12,351,188
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 6

“The credit union is owned by its members.”

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

“Credit union members elect their volunteer board of directors who are also members of the credit union. One memeber, one vote.”

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

“Any major changes to the credit union by-laws must be approved by the membership”

Form 990, Part VI, Section B, Line 11

“The accounting manager prepares the 990. The president/ceo reviews the form for accuracy. The credit union's outside cpa auditor reviews the form and makes any necessary corrections before electronically filing the report on the credit union's behalf. The 990 is available for the board and supervisory committee to review.”

Form 990, Part VI, Section B, Line 15

“Professional credit union compensation surveys are obtained and provided to the board. The board uses this information in conjunction with a review of the performance of the ceo to determine an appropriate compensation amount. The board votes on the ceo's compensation.”

Form 990, Part VI, Section C, Line 19

“The credit union's bylaws are avaialble upon request. Financial statements are posted in the cu main lobby and are availble upon request. They can also be viewed on ncua's website.”

Filing and Contact Details

Filer

Filer Name
Worcester Police Department Credit Union
EIN
04-2064875
Phone
5087997677
Address
805 WEST BOYLSTON STREET, WORCESTER, MA 01606

Signing Officer

Name
Julie-anne Przypek
Title
Manager
Phone
5087997677
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie-anne Przypek
Formed
1947
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
13
Volunteers
0

Preparer

Firm
Walsh & Co
Address
632A MAIN STREET, WINCHESTER, MA 01890
Preparer
Michael J Walsh CPA
Phone
7817210295
Raw XML AppendixShowing 400 of 477 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/PrincipalOfficerNm0JULIE-ANNE PRZYPEK
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0583063
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt054019
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt016824
IRS990/PYOtherExpensesAmt0275694
IRS990/PYOtherRevenueAmt092401
IRS990/PYProgramServiceRevenueAmt0589218
IRS990/PYRevenuesLessExpensesAmt023650
IRS990/PYSalariesCompEmpBnftPaidAmt0345080
IRS990/PYTotalExpensesAmt0674793
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0698443
IRS990/QuidProQuoContributionsInd00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0309266
IRS990/ReconcilationRevenueExpnssAmt058171
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0687079
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01870963
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01929134
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0493605
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0493605
IRS990ScheduleD/EquipmentGrp/BookValueAmt0277037
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0277037
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0628908
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01450456
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INTEREST BEARING DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt0610000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0610000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-217894
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0217894
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012351188
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0687079
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01162748
IRS990ScheduleD/TotalBookValueProgramRltdAmt01450456
IRS990ScheduleD/TotalExpensesPerForm990Amt0628908
IRS990ScheduleD/TotalLiabilityAmt012351188
IRS990ScheduleD/TotalRevenuePerForm990Amt0687079
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0687079
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0628908
IRS990/ScheduleJRequiredInd00
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt17919
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt2104542
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt312429
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt424400
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt513488
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt610096
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt746113
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt814285
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt99402
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd61
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd71
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd81
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd91
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd60
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd70
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd80
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd90
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd7X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd8X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd9X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1AUTO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt7HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt8HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt9PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt131317
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2140000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt396428
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt440000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt530000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt615000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt760000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt815000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt923121
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ALLAN LAMMI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1ALLAN LAMMI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2ALLAN LAMMI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3JULIE-ANNE PRZYPEK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4MICHAEL LAVIN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5MICHAEL LAVIN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm6DANIEL CHVIRUK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm7JOSEPH GENDUSO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm8ADAM O'MALLEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm9ADAM O'MALLEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt6DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt7DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt8OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt9OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd61
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd71
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd81
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd91
IRS990ScheduleL/TotalBalanceDueAmt0309266
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS OWNED BY ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CREDIT UNION MEMBERS ELECT THEIR VOLUNTEER BOARD OF DIRECTORS WHO ARE ALSO MEMBERS OF THE CREDIT UNION. ONE MEMEBER, ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY MAJOR CHANGES TO THE CREDIT UNION BY-LAWS MUST BE APPROVED BY THE MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ACCOUNTING MANAGER PREPARES THE 990. THE PRESIDENT/CEO REVIEWS THE FORM FOR ACCURACY. THE CREDIT UNION'S OUTSIDE CPA AUDITOR REVIEWS THE FORM AND MAKES ANY NECESSARY CORRECTIONS BEFORE ELECTRONICALLY FILING THE REPORT ON THE CREDIT UNION'S BEHALF. THE 990 IS AVAILABLE FOR THE BOARD AND SUPERVISORY COMMITTEE TO REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL CREDIT UNION COMPENSATION SURVEYS ARE OBTAINED AND PROVIDED TO THE BOARD. THE BOARD USES THIS INFORMATION IN CONJUNCTION WITH A REVIEW OF THE PERFORMANCE OF THE CEO TO DETERMINE AN APPROPRIATE COMPENSATION AMOUNT. THE BOARD VOTES ON THE CEO'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CREDIT UNION'S BYLAWS ARE AVAIALBLE UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE CU MAIN LOBBY AND ARE AVAILBLE UPON REQUEST. THEY CAN ALSO BE VIEWED ON NCUA'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B

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