Civic Intelligence

Tremont Credit Union

990 • Fiscal year 2017 • EIN 04-3414490

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 13, 2018

Organization ProfileWWW.TREMONTCU.ORG

View Organization Page

PO Box 850649Braintree, MA 02185-0649

(781) 843-5626

Siviq Scores

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

Liabilities / Assets

29th percentile

0.87x

Higher debt load relative to assets than 29% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2017

Liabilities / Revenue

49th percentile

17.81x

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

2017 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2017

Net Margin

59th percentile

13%

Higher net margin than 59% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2017

Top Officer Pay

92nd percentile

$364,120

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2017

Asset Growth

23rd percentile

1.2%

Faster asset growth than 23% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Revenue Growth

87th percentile

15%

Faster revenue growth than 87% of similar nonprofits.

2017 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets29th percentile

Assets

Up

$174,387,317

Up $2,077,825 (+1.2%) from 2016

Net Assets

Up

$22,373,427

Up $1,560,327 (+7.5%) from 2016

Liabilities

Up

$152,013,890

Up $517,498 (+0.3%) from 2016

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin59th percentile

Revenue

Up

$8,534,778

Up $1,091,130 (+15%) from 2016

Expenses

Up

$7,406,001

Up $1,076,544 (+17%) from 2016

Net Income

Up

$1,128,777

Up $14,586 (+1.3%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$300M$200M$100M$0Assets 2010: $169,611,141Liabilities 2010: $148,835,939Net Assets 2010: $20,775,2022010Assets 2011: $164,591,584Liabilities 2011: $144,393,998Net Assets 2011: $20,197,5862011Assets 2012: $161,825,820Liabilities 2012: $141,824,562Net Assets 2012: $20,001,2582012Assets 2013: $164,407,259Liabilities 2013: $144,406,135Net Assets 2013: $20,001,1242013Assets 2014: $166,209,146Liabilities 2014: $146,098,787Net Assets 2014: $20,110,3592014Assets 2015: $170,799,175Liabilities 2015: $150,394,693Net Assets 2015: $20,404,4822015Assets 2016: $172,309,492Liabilities 2016: $151,496,392Net Assets 2016: $20,813,1002016Assets 2017: $174,387,317Liabilities 2017: $152,013,890Net Assets 2017: $22,373,4272017Assets 2018: $184,787,616Liabilities 2018: $161,557,456Net Assets 2018: $23,230,1602018Assets 2019: $203,534,916Liabilities 2019: $178,372,003Net Assets 2019: $25,162,9132019Assets 2020: $240,451,967Liabilities 2020: $214,555,730Net Assets 2020: $25,896,2372020Assets 2021: $244,401,139Liabilities 2021: $218,279,761Net Assets 2021: $26,121,3782021Assets 2022: $255,114,045Liabilities 2022: $233,077,800Net Assets 2022: $22,036,2452022Assets 2023: $261,134,842Liabilities 2023: $239,206,451Net Assets 2023: $21,928,3912023Assets 2024: $260,416,544Liabilities 2024: $238,885,581Net Assets 2024: $21,530,9632024

Highlighted filing

2017

Assets$174,387,317
Liabilities$152,013,890
Net Assets$22,373,427
Open 2017 Filing

Operations Trend

Revenue Growth87th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,338,9282010Revenue 2011: $8,063,153Expenses 2011: $8,506,754Net Income 2011: -$443,6012011Expenses 2012: $7,325,4762012Revenue 2013: $6,823,944Expenses 2013: $7,005,711Net Income 2013: -$181,7672013Revenue 2014: $7,126,060Expenses 2014: $6,805,968Net Income 2014: $320,0922014Revenue 2015: $7,134,194Expenses 2015: $6,455,042Net Income 2015: $679,1522015Revenue 2016: $7,443,648Expenses 2016: $6,329,457Net Income 2016: $1,114,1912016Revenue 2017: $8,534,778Expenses 2017: $7,406,001Net Income 2017: $1,128,7772017Revenue 2018: $9,292,143Expenses 2018: $8,071,440Net Income 2018: $1,220,7032018Revenue 2019: $10,236,397Expenses 2019: $9,006,691Net Income 2019: $1,229,7062019Revenue 2020: $9,193,968Expenses 2020: $8,940,771Net Income 2020: $253,1972020Revenue 2021: $9,907,662Expenses 2021: $9,307,134Net Income 2021: $600,5282021Revenue 2022: $11,136,951Expenses 2022: $10,636,902Net Income 2022: $500,0492022Revenue 2023: $13,953,932Expenses 2023: $14,056,144Net Income 2023: -$102,2122023Revenue 2024: $14,269,021Expenses 2024: $14,911,952Net Income 2024: -$642,9312024

Highlighted filing

2017

Revenue$8,534,778
Expenses$7,406,001
Net Income$1,128,777
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 13, 2018
Return Version
2017v2.2
Gross Receipts
$10,556,834
Mission and Program Overview

Mission

State chartered credit union

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$105,739,985$118,099,338▲ $12,359,353
Investments in Publicly Traded Securities$32,921,088$26,194,591▼ $6,726,497
Savings and Temporary Cash Investments$27,596,193$24,212,684▼ $3,383,509
Rtn Earn Endowment Incm Other Fnds$20,813,100$22,373,427▲ $1,560,327
Investments Other Securities$3,085,657$3,195,319▲ $109,662
Cash and Non-Interest-Bearing Accounts$1,518,684$1,053,776▼ $464,908
Prepaid Expenses and Deferred Charges$352,076$450,922▲ $98,846
Land, Buildings, and Equipment, Net$243,096$392,272▲ $149,176
Accounts Receivable$198,964$79,355▼ $119,609
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$172,309,492$174,387,317▲ $2,077,825
Other Assets Total$653,749$709,060▲ $55,311
Liabilities
Other Liabilities$149,265,267$149,976,913▲ $711,646
Accounts Payable and Accrued Expenses$2,231,125$2,036,977▼ $194,148
Total Liabilities$151,496,392$152,013,890▲ $517,498
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,813,100$22,373,427▲ $1,560,327
Total Liabilities and Net Assets / Fund Balance$172,309,492$174,387,317▲ $2,077,825

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$368,217$1,447,851$1,816,068
Leasehold Improvements$24,055$1,024,400$1,048,455
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
George HardimanCEOFT$345,343$18,777$364,120
Hicham NaciriCIOFT$160,673$10,335$171,008
James RoyCFOFT$146,613$19,743$166,356
Micharl LemelinSVP LendingFT$139,456$5,482$144,938
Kevin MullenChair-$17,100-$17,100

Board Members and Trustees

NameTitle
Amy DonovanVice Chair
Brian GoldenDirector
Darrell ElowDirector
Edward KennedyDirector
Martin ConnollyDirector
Michael ConnollyDirector
Ralph MartinDirector
Donald SmithSecretary
Dawn Marie DurantTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,541,111
Investment Income
$993,667
Other Revenue
$0
Change in Net Assets
$1,128,777

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,534,778
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,534,778
Total Revenue per Form 990
$8,534,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,754,206
Salaries, Compensation, and Employee Benefits$3,651,795
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons---$2,190,021
Current Officers, Directors, Trustees, and Key Employees---$863,313
Office Expenses---$838,603
Occupancy---$667,047
Information Technology---$487,726
Fees for Services Other---$359,563
Interest---$322,891
Other Employee Benefits---$289,434
Payroll Taxes---$242,054
Depreciation Depletion---$136,162
Fees for Services Accounting---$126,721
Advertising---$113,938
Insurance---$91,585
Fees for Services Legal---$80,317
Travel---$68,734
Pension Plan Contributions---$66,973
Conferences and Meetings---$7,736
Other Expenses---$-190,983
Total Functional Expenses$0$0$0$7,406,001

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,406,001
Total Expenses per Audited Statements$7,406,001
Total Expenses per Form 990$7,406,001
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
MEMBERS' SHARES AND SAVINGS ACCOUNTS$149,976,913
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
No
Other officer compensation reviewed
No
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 6

“Members consist of depositors with a minimum balance of $5 in their savings account.”

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

“The members of the credit union may elect one or more of the board of directors.”

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

“The members have voting rights over certain decisions made by the governing body (board of directors). Voting usually takes place at the annual meeting and their voting rights consist of election of the board of directors, corporate charter and by-law changes and approval of mergers with other financial institutions.”

Form 990, Part VI, Section B, Line 11B

“The credit union's chair of the audit committee reviews the form 990 on behalf of the board of directors prior to tax return being filed. Then a copy of the form 990 is provided to the board of the directors subsequent to filing.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Tremont Credit Union
EIN
04-3414490
Phone
7818435626
Address
PO BOX 850649, BRAINTREE, MA 02185-0649

Signing Officer

Name
James Roy
Title
CFO
Phone
7818435626
Signed
2018-04-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Roy
Formed
1952
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
10
Employees
71
Volunteers
0

Preparer

Firm
G T Reilly & Company Inc
Address
424 ADAMS STREET, MILTON, MA 02186
Preparer
Caleb Dean CPA
Phone
6176968900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Oci fas 158 defined benefit plan and serp adjustment 16,417.”

Financial Statement Notes

PART XI, LINE 8, OTHER ADJUSTEMNTS:

“Oci fas 158 defined benefit plan & serp adjustment: 22,878”

Raw XML AppendixShowing 400 of 483 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/LandBldgEquipCostOrOtherBssAmt02864523
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02022056
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0STATE CHARTERED CREDIT UNION
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt020813100
IRS990/NetAssetsOrFundBalancesEOYAmt022373427
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt021006
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt021006
IRS990/NetUnrelatedBusTxblIncmAmt0-856
IRS990/NetUnrlzdGainsLossesInvstAmt0415133
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0667047
IRS990/OfficeExpensesGrp/TotalAmt0838603
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0653749
IRS990/OtherAssetsTotalGrp/EOYAmt0709060
IRS990/OtherChangesInNetAssetsAmt016417
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0289434
IRS990/OtherExpensesGrp/Desc0SERVICE FEES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT MAINTENANCE
IRS990/OtherExpensesGrp/Desc2FORECLOSURE AND OREO
IRS990/OtherExpensesGrp/Desc3PROVISION FOR (RECOVERY
IRS990/OtherExpensesGrp/TotalAmt0535210
IRS990/OtherExpensesGrp/TotalAmt1106272
IRS990/OtherExpensesGrp/TotalAmt22684
IRS990/OtherExpensesGrp/TotalAmt3-190983
IRS990/OtherLiabilitiesGrp/BOYAmt0149265267
IRS990/OtherLiabilitiesGrp/EOYAmt0149976913
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0105739985
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0118099338
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt0242054
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt066973
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0352076
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0450922
IRS990/PrincipalOfficerNm0JAMES ROY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2GAIN/LOSS ON SALE LOAN
IRS990/ProgramServiceRevenueGrp/Desc3INSURANCE COMMMISSIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05443229
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11551414
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2389715
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3129055
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05443229
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11579112
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2389715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3129055
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt027698
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01142751
IRS990/PYOtherExpensesAmt03173529
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06300897
IRS990/PYRevenuesLessExpensesAmt01114191
IRS990/PYSalariesCompEmpBnftPaidAmt03155928
IRS990/PYTotalExpensesAmt06329457
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07443648
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01128777
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020813100
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt022373427
IRS990/SavingsAndTempCashInvstGrp/BOYAmt027596193
IRS990/SavingsAndTempCashInvstGrp/EOYAmt024212684
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0368217
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01447851
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01816068
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07406001
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt024055
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01024400
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01048455
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0149976913
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARES AND SAVINGS ACCOUNTS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08534778
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0OCI FAS 158 DEFINED BENEFIT PLAN & SERP ADJUSTMENT: 22,878
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 8, OTHER ADJUSTEMNTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0392272
IRS990ScheduleD/TotalExpensesPerForm990Amt07406001
IRS990ScheduleD/TotalLiabilityAmt0149976913
IRS990ScheduleD/TotalRevenuePerForm990Amt08534778
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08534778
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07406001
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0345343
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1160673
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2146613
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt16560
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt25245
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013277
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt13775
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt214498
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GEORGE HARDIMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1HICHAM NACIRI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2JAMES ROY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CIO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0364120
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1171008
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2166356
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS CONSIST OF DEPOSITORS WITH A MINIMUM BALANCE OF $5 IN THEIR SAVINGS ACCOUNT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE CREDIT UNION MAY ELECT ONE OR MORE OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS HAVE VOTING RIGHTS OVER CERTAIN DECISIONS MADE BY THE GOVERNING BODY (BOARD OF DIRECTORS). VOTING USUALLY TAKES PLACE AT THE ANNUAL MEETING AND THEIR VOTING RIGHTS CONSIST OF ELECTION OF THE BOARD OF DIRECTORS, CORPORATE CHARTER AND BY-LAW CHANGES AND APPROVAL OF MERGERS WITH OTHER FINANCIAL INSTITUTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CREDIT UNION'S CHAIR OF THE AUDIT COMMITTEE REVIEWS THE FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS PRIOR TO TAX RETURN BEING FILED. THEN A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF THE DIRECTORS SUBSEQUENT TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OCI FAS 158 DEFINED BENEFIT PLAN AND SERP ADJUSTMENT 16,417.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$174,387,317
Liabilities
$152,013,890
Net assets
$22,373,427
Revenue
$8,534,778
Expenses
$7,406,001
Net income
$1,128,777
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$260$239$21.5$14.3$14.9$0.64
2023Detailed filing. Detailed filing data is available for this year.$261$239$21.9$14.0$14.1$0.10
2022Detailed filing. Detailed filing data is available for this year.$255$233$22.0$11.1$10.6$0.50
2021Detailed filing. Detailed filing data is available for this year.$244$218$26.1$9.91$9.31$0.60
2020Detailed filing. Detailed filing data is available for this year.$240$215$25.9$9.19$8.94$0.25
2019Detailed filing. Detailed filing data is available for this year.$204$178$25.2$10.2$9.01$1.23
2018Detailed filing. Detailed filing data is available for this year.$185$162$23.2$9.29$8.07$1.22
2017Detailed filing. Detailed filing data is available for this year.$174$152$22.4$8.53$7.41$1.13
2016Detailed filing. Detailed filing data is available for this year.$172$151$20.8$7.44$6.33$1.11
2015Detailed filing. Detailed filing data is available for this year.$171$150$20.4$7.13$6.46$0.68
2014Detailed filing. Detailed filing data is available for this year.$166$146$20.1$7.13$6.81$0.32
2013Detailed filing. Detailed filing data is available for this year.$164$144$20.0$6.82$7.01$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$162$142$20.0$7.33
2011Summary only. Only limited summary data is available for this year.$165$144$20.2$8.06$8.51$0.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$170$149$20.8$5.34