Civic Intelligence

Landmark Credit Union

990 • Fiscal year 2013 • EIN 04-6042263

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 13, 2014

Organization ProfileWWW.LANDMARK-CU.COM

View Organization Page

131 Ashland StreetPittsfield, MA 01247

(413) 664-4926

Siviq Scores

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

Liabilities / Assets

46th percentile

0.88x

Higher debt load relative to assets than 46% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

77th percentile

24.30x

Higher debt load relative to revenue than 77% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Net Margin

8th percentile

-14%

Higher net margin than 8% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

94th percentile

$159,977

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Asset Growth

3rd percentile

-7.0%

Faster asset growth than 3% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

19th percentile

-13%

Faster revenue growth than 19% of similar nonprofits.

2013 filings • $25M-$50M nonprofits • Annualized from 2011 to 2013

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$26,859,886

Down $2,016,683 (-7.0%) from 2012

Net Assets

Down

$3,272,695

Down $1,127,362 (-26%) from 2012

Liabilities

Down

$23,587,191

Down $889,321 (-3.6%) from 2012

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin8th percentile

Revenue

$970,614

No earlier filing loaded for comparison.

Expenses

Up

$1,107,798

Up $57,779 (+5.5%) from 2012

Net Income

-$137,184

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$40M$30M$20M$10M$0Assets 2010: $31,057,574Liabilities 2010: $26,832,757Net Assets 2010: $4,224,8172010Assets 2011: $29,818,980Liabilities 2011: $25,347,956Net Assets 2011: $4,471,0242011Assets 2012: $28,876,569Liabilities 2012: $24,476,512Net Assets 2012: $4,400,0572012Assets 2013: $26,859,886Liabilities 2013: $23,587,191Net Assets 2013: $3,272,6952013Assets 2014: $26,453,880Liabilities 2014: $22,391,074Net Assets 2014: $4,062,8062014Assets 2015: $25,740,235Liabilities 2015: $21,708,958Net Assets 2015: $4,031,2772015Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2013

Assets$26,859,886
Liabilities$23,587,191
Net Assets$3,272,695
Open 2013 Filing

Operations Trend

Revenue Growth19th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,483,0252010Revenue 2011: $1,289,103Expenses 2011: $1,250,123Net Income 2011: $38,9802011Expenses 2012: $1,050,0192012Revenue 2013: $970,614Expenses 2013: $1,107,798Net Income 2013: -$137,1842013Revenue 2014: $827,926Expenses 2014: $939,227Net Income 2014: -$111,3012014Revenue 2015: $785,027Expenses 2015: $839,565Net Income 2015: -$54,5382015Revenue 2017: $236,839Expenses 2017: $473,644Net Income 2017: -$236,8052017

Highlighted filing

2013

Revenue$970,614
Expenses$1,107,798
Net Income-$137,184
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 13, 2014
Return Version
2013v3.1
Gross Receipts
$1,054,218
Mission and Program Overview

Mission

Credit union - thrift services

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$12,251,172$10,586,483▼ $1,664,689
Investments in Publicly Traded Securities$9,990,907$7,995,704▼ $1,995,203
Savings and Temporary Cash Investments$3,782,449$5,418,775▲ $1,636,326
Rtn Earn Endowment Incm Other Fnds$4,400,057$3,272,695▼ $1,127,362
Land, Buildings, and Equipment, Net$2,048,264$1,998,482▼ $49,782
Cash and Non-Interest-Bearing Accounts$319,649$405,784▲ $86,135
Receivables From Officers Etc$79,660$47,835▼ $31,825
Prepaid Expenses and Deferred Charges$20,507$37,297▲ $16,790
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$28,876,569$26,859,886▼ $2,016,683
Other Assets Total$383,961$369,526▼ $14,435
Liabilities
Other Liabilities$24,417,475$23,547,089▼ $870,386
Accounts Payable and Accrued Expenses$45,284$27,638▼ $17,646
Escrow Account Liability$13,753$12,464▼ $1,289
Total Liabilities$24,476,512$23,587,191▼ $889,321
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,400,057$3,272,695▼ $1,127,362
Total Liabilities and Net Assets / Fund Balance$28,876,569$26,859,886▼ $2,016,683

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,600,164$647,934$2,248,098
Other Land Buildings$23,330$620,774$644,104
Land$335,689-$335,689
Equipment$39,299$246,299$285,598
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas J TurnerCEOFT$140,367$19,610$159,977
Michael a ParrinoCLOFT$64,859$24,603$89,462

Board Members and Trustees

NameTitle
Christine a GirardChairperson
Keith L HowardVice Chairman
John CiukDirector
Kimberly Roberts-morandiDirector
Marian a RoperDirector
Tara FerriterAsst. Treasurer
Elizabeth L MilanesiClerk
Richard H ReedSecurity
James a RobinsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$664,396
Investment Income
$261,993
Other Revenue
$44,225
Change in Net Assets
$-137,184
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$675,808
Salaries, Compensation, and Employee Benefits$430,990
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$249,439-$249,439
Other Salaries and Wages-$140,989-$140,989
Interest$97,815--$97,815
Information Technology-$96,568-$96,568
Depreciation Depletion-$80,102-$80,102
All Other Expenses-$65,489-$65,489
Occupancy-$55,959-$55,959
Office Expenses-$47,552-$47,552
Payroll Taxes-$27,215-$27,215
Other Expenses-$18,811-$18,811
Other Employee Benefits-$13,141-$13,141
Fees for Services Legal-$12,268-$12,268
Insurance-$11,423-$11,423
Fees for Services Accounting-$9,213-$9,213
Advertising-$8,513-$8,513
Grants to Domestic Individuals$1,000--$1,000
Conferences and Meetings-$854-$854
Pension Plan Contributions-$206-$206
Travel-$130-$130
Total Functional Expenses$98,815$1,008,983$0$1,107,798
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$79,660$47,835▼ $31,825
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares and Deposit Accounts$23,534,236
Other Liabilities$12,851
Rounding$2
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Persons who meet the requirements of the organization's field of membership who hold at least one share of the capital.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Ceo will review the completed form 990 at a board of directors meeting. Due to the filing deadline of the return, the review will take place subsequent to filing.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The human resource committee of the board recommends the ceo's salary to the full board.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The human resource committee of the board recommends the ceo's salary to the full board.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Information is posted in credit union lobby and/or available upon request.”

Filing and Contact Details

Filer

EIN
04-6042263
Phone
4136644926

Signing Officer

Name
Thomas J Turner
Title
CEO
Signed
2014-08-13
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
9
Independent Board Members
9
Employees
11
Volunteers
9

Preparer

Preparer
Robert Anderson
Phone
9782329300
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Change in fas115- unrealized gain/loss = -$990178”

Financial Statement Notes

Part IV, Line 2B: Explanation of escrow account liability

“Mortgage escrow accounts held for the payment of real estate taxes for municipalities.”

Raw XML AppendixShowing 400 of 506 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt045284
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt027638
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CREDIT UNION - THRIFT SERVICES
IRS990/AdvertisingGrp/ManagementAndGeneralAmt08513
IRS990/AdvertisingGrp/TotalAmt08513
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt065489
IRS990/AllOtherExpensesGrp/TotalAmt065489
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0THOMAS J TURNER
IRS990/BooksInCareOfDetail/PhoneNum04136644926
IRS990/BooksInCareOfDetail/USAddress/AddressLine10131 ASHLAND STREET
IRS990/BooksInCareOfDetail/USAddress/City0NORTH ADAMS
IRS990/BooksInCareOfDetail/USAddress/State0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCode001247
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0319649
IRS990/CashNonInterestBearingGrp/EOYAmt0405784
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0249439
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0249439
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0854
IRS990/ConferencesMeetingsGrp/TotalAmt0854
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt01000
IRS990/CYInvestmentIncomeAmt0261993
IRS990/CYOtherExpensesAmt0675808
IRS990/CYOtherRevenueAmt044225
IRS990/CYProgramServiceRevenueAmt0664396
IRS990/CYRevenuesLessExpensesAmt0-137184
IRS990/CYSalariesCompEmpBnftPaidAmt0430990
IRS990/CYTotalExpensesAmt01107798
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0970614
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt080102
IRS990/DepreciationDepletionGrp/TotalAmt080102
IRS990/Desc0MAINTENANCE OF MEMBERS' SHARE AND DEPOSIT ACCOUNTS. NUMBER OF ACCOUNTS 5,037.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt011
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt013753
IRS990/EscrowAccountLiabilityGrp/EOYAmt012464
IRS990/ExcessBusinessHoldingsInd0false
IRS990/ExpenseAmt097815
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09213
IRS990/FeesForServicesAccountingGrp/TotalAmt09213
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt012268
IRS990/FeesForServicesLegalGrp/TotalAmt012268
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt919610
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1024603
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN CIUK
IRS990/Form990PartVIISectionAGrp/PersonNm1TARA FERRITER
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRISTINE A GIRARD
IRS990/Form990PartVIISectionAGrp/PersonNm3KEITH L HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm4ELIZABETH L MILANESI
IRS990/Form990PartVIISectionAGrp/PersonNm5KIMBERLY ROBERTS-MORANDI
IRS990/Form990PartVIISectionAGrp/PersonNm6RICHARD H REED
IRS990/Form990PartVIISectionAGrp/PersonNm7JAMES A ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm8MARIAN A ROPER
IRS990/Form990PartVIISectionAGrp/PersonNm9THOMAS J TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL A PARRINO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9140367
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1064859
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Asst. Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt4CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECURITY
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CLO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01054218
IRS990/GrossRentsGrp/RealAmt032838
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt096568
IRS990/InformationTechnologyGrp/TotalAmt096568
IRS990/InsuranceGrp/ManagementAndGeneralAmt011423
IRS990/InsuranceGrp/TotalAmt011423
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt097815
IRS990/InterestGrp/TotalAmt097815
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0261993
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0261993
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09990907
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07995704
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt0644
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01515007
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02048264
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01998482
IRS990/LandBldgEquipCostOrOtherBssAmt03513489
IRS990/LessRentalExpensesGrp/RealAmt083604
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt04202
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt04202
IRS990/MissionDesc0CREDIT UNION - THRIFT SERVICES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04400057
IRS990/NetAssetsOrFundBalancesEOYAmt03272695
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-50766
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-50766
IRS990/NetUnrelatedBusTxblIncmAmt0-1853
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt055959
IRS990/OccupancyGrp/TotalAmt055959
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt047552
IRS990/OfficeExpensesGrp/TotalAmt047552
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0383961
IRS990/OtherAssetsTotalGrp/EOYAmt0369526
IRS990/OtherChangesInNetAssetsAmt0-990178
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013141
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013141
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2CONSULTING AND PROFESSIONAL
IRS990/OtherExpensesGrp/Desc3NCUA STABILIZATION EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0127285
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122426
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt221400
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt318811
IRS990/OtherExpensesGrp/TotalAmt0127285
IRS990/OtherExpensesGrp/TotalAmt122426
IRS990/OtherExpensesGrp/TotalAmt221400
IRS990/OtherExpensesGrp/TotalAmt318811
IRS990/OtherLiabilitiesGrp/BOYAmt024417475
IRS990/OtherLiabilitiesGrp/EOYAmt023547089
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0ATM FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc1BORROWERS INSURANCE
IRS990/OtherRevenueMiscGrp/Desc2FEE INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt024820
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt16954
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt255655
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt028180
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16954
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt255655
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt03360
IRS990/OtherRevenueTotalAmt094991
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0140989
IRS990/OtherSalariesAndWagesGrp/TotalAmt0140989
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt012251172
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt010586483
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt027215
IRS990/PayrollTaxesGrp/TotalAmt027215
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0206
IRS990/PensionPlanContributionsGrp/TotalAmt0206
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020507
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037297
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0664396
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0664396
IRS990/ProgSrvcAccomActy2Grp/Desc0THE MAKING OF LOANS TO MEMBERS. NUMBER OF ACCOUNTS 591.
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0664396
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01000
IRS990/PYInvestmentIncomeAmt0236850
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0580457
IRS990/PYOtherRevenueAmt041607
IRS990/PYProgramServiceRevenueAmt0757517
IRS990/PYRevenuesLessExpensesAmt0-14045
IRS990/PYSalariesCompEmpBnftPaidAmt0468562
IRS990/PYTotalExpensesAmt01050019
IRS990/PYTotalRevenueAmt01035974
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt079660
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt047835
IRS990/ReconcilationRevenueExpnssAmt0-137184
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-50766
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04400057
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03272695
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03782449
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05418775
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01600164
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0647934
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02248098
IRS990ScheduleD/EquipmentGrp/BookValueAmt039299
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0246299
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0285598
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0335689
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0335689
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt023330
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0620774
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0644104
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023534236
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt112851
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES AND DEPOSIT ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Rounding
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MORTGAGE ESCROW ACCOUNTS HELD FOR THE PAYMENT OF REAL ESTATE TAXES FOR MUNICIPALITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b: Explanation of escrow account liability
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01998482
IRS990ScheduleD/TotalLiabilityAmt023547089
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0140367
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt06453
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013157
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0THOMAS J TURNER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0159977
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt09977
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt137858
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$26,859,886
Liabilities
$23,587,191
Net assets
$3,272,695
Revenue
$970,614
Expenses
$1,107,798
Net income
-$137,184
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.24$0.47$0.24
2015Detailed filing. Detailed filing data is available for this year.$25.7$21.7$4.03$0.79$0.84$0.05
2014Detailed filing. Detailed filing data is available for this year.$26.5$22.4$4.06$0.83$0.94$0.11
2013Detailed filing. Detailed filing data is available for this year.$26.9$23.6$3.27$0.97$1.11$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.9$24.5$4.40$1.05
2011Summary only. Only limited summary data is available for this year.$29.8$25.3$4.47$1.29$1.25$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.1$26.8$4.22$1.48