Civic Intelligence

Commonwealth Utilities Employees Credit Union

990 • Fiscal year 2015 • EIN 04-6055566

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 10, 2016

Organization Profilewww.cuecu.com

View Organization Page

312 Wareham RoadMarion, MA 02738

(508) 748-3452

Siviq Scores

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

Liabilities / Assets

30th percentile

0.86x

Higher debt load relative to assets than 30% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

90th percentile

30.32x

Higher debt load relative to revenue than 90% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Net Margin

56th percentile

9.1%

Higher net margin than 56% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

90th percentile

$148,104

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Asset Growth

12th percentile

-1.9%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

22nd percentile

-3.2%

Faster revenue growth than 22% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$41,308,850

Down $784,641 (-1.9%) from 2014

Net Assets

Up

$5,960,247

Up $85,685 (+1.5%) from 2014

Liabilities

Down

$35,348,603

Down $870,326 (-2.4%) from 2014

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin56th percentile

Revenue

Down

$1,166,002

Down $38,986 (-3.2%) from 2014

Expenses

Down

$1,060,103

Down $211,474 (-17%) from 2014

Net Income

Up

$105,899

Up $172,488 (+259%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$60M$40M$20M$0Assets 2010: $42,288,462Liabilities 2010: $36,845,669Net Assets 2010: $5,442,7932010Assets 2011: $43,114,724Liabilities 2011: $37,440,898Net Assets 2011: $5,673,8262011Assets 2012: $43,763,110Liabilities 2012: $37,835,973Net Assets 2012: $5,927,1372012Assets 2013: $44,258,091Liabilities 2013: $38,292,785Net Assets 2013: $5,965,3062013Assets 2014: $42,093,491Liabilities 2014: $36,218,929Net Assets 2014: $5,874,5622014Assets 2015: $41,308,850Liabilities 2015: $35,348,603Net Assets 2015: $5,960,2472015Assets 2016: $41,593,305Liabilities 2016: $35,466,052Net Assets 2016: $6,127,2532016Assets 2017: $41,323,572Liabilities 2017: $34,955,134Net Assets 2017: $6,368,4382017Assets 2018: $40,213,112Liabilities 2018: $33,581,823Net Assets 2018: $6,631,2892018Assets 2019: $41,463,569Liabilities 2019: $34,550,887Net Assets 2019: $6,912,6822019Assets 2020: $46,574,108Liabilities 2020: $39,504,664Net Assets 2020: $7,069,4442020Assets 2021: $49,419,083Liabilities 2021: $42,206,153Net Assets 2021: $7,212,9302021Assets 2022: $50,936,191Liabilities 2022: $43,359,682Net Assets 2022: $7,576,5092022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2015

Assets$41,308,850
Liabilities$35,348,603
Net Assets$5,960,247
Open 2015 Filing

Operations Trend

Revenue Growth22nd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,744,7142010Expenses 2011: $1,659,6792011Revenue 2012: $1,546,984Expenses 2012: $1,315,001Net Income 2012: $231,9832012Revenue 2013: $1,304,034Expenses 2013: $1,208,759Net Income 2013: $95,2752013Revenue 2014: $1,204,988Expenses 2014: $1,271,577Net Income 2014: -$66,5892014Revenue 2015: $1,166,002Expenses 2015: $1,060,103Net Income 2015: $105,8992015Revenue 2016: $1,165,800Expenses 2016: $996,238Net Income 2016: $169,5622016Revenue 2017: $1,192,557Expenses 2017: $950,088Net Income 2017: $242,4692017Revenue 2018: $1,307,566Expenses 2018: $1,048,221Net Income 2018: $259,3452018Revenue 2019: $1,353,496Expenses 2019: $1,076,086Net Income 2019: $277,4102019Revenue 2020: $1,235,977Expenses 2020: $1,046,856Net Income 2020: $189,1212020Revenue 2021: $1,081,315Expenses 2021: $904,194Net Income 2021: $177,1212021Revenue 2022: $1,281,875Expenses 2022: $883,123Net Income 2022: $398,7522022Revenue 2023: $407,509Expenses 2023: $223,820Net Income 2023: $183,6892023

Highlighted filing

2015

Revenue$1,166,002
Expenses$1,060,103
Net Income$105,899
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 10, 2016
Return Version
2015v2.0
Gross Receipts
$1,166,002
Mission and Program Overview

Mission

Financial services to members

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$27,175,226$25,799,352▼ $1,375,874
Other Notes and Loans Receivable, Net$10,835,462$11,253,003▲ $417,541
Rtn Earn Endowment Incm Other Fnds$5,874,562$5,960,247▲ $85,685
Investments in Publicly Traded Securities$3,158,038$3,443,201▲ $285,163
Cash and Non-Interest-Bearing Accounts$117,063$129,721▲ $12,658
Land, Buildings, and Equipment, Net$14,442$112,934▲ $98,492
Receivables From Officers Etc$283,970$102,785▼ $181,185
Prepaid Expenses and Deferred Charges$40,157$31,817▼ $8,340
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$42,093,491$41,308,850▼ $784,641
Other Assets Total$469,133$436,037▼ $33,096
Liabilities
Other Liabilities$36,187,025$35,169,112▼ $1,017,913
Accounts Payable and Accrued Expenses$7,121$161,030▲ $153,909
Escrow Account Liability$24,783$18,461▼ $6,322
Total Liabilities$36,218,929$35,348,603▼ $870,326
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,874,562$5,960,247▲ $85,685
Total Liabilities and Net Assets / Fund Balance$42,093,491$41,308,850▼ $784,641

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$112,934$23,411$136,345
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Catherine DiamonCEOFT$118,000$30,104$148,104

Board Members and Trustees

NameTitle
Dana P HowlandChairperson
Anthony FontesDirector
Brenda S MahoneyDirector
Ebet CushmanDirector
Mark BlouinDirector
Peter MccoyDirector
Timothy McgonagleDirector
Vivian J MedeirosClerk
William H GillTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$669,764
Investment Income
$378,919
Other Revenue
$117,319
Change in Net Assets
$105,899
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$668,298
Salaries, Compensation, and Employee Benefits$390,305
Grants and Similar Amounts Paid$1,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$174,954
Current Officers, Directors, Trustees, and Key Employees---$148,104
Interest---$128,021
Occupancy---$76,884
All Other Expenses---$70,615
Information Technology---$36,203
Other Employee Benefits---$34,377
Insurance---$33,927
Fees for Services Accounting---$27,321
Payroll Taxes---$23,254
Other Expenses---$22,866
Depreciation Depletion---$21,405
Office Expenses---$16,295
Conferences and Meetings---$10,017
Pension Plan Contributions---$9,616
Fees for Services Legal---$5,554
Advertising---$5,140
Grants to Domestic Individuals---$1,500
Total Functional Expenses$0$0$0$1,060,103
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$283,970$102,785▼ $181,185
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposit Accounts$35,169,112
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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

“An outside accountant prepares the return. The ceo reviews for accuracy. The return is then presented to the board subsequent to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Reviewed by senior management.”

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

“Personnel Committee reviews compensation in comparison to the industry (CUNA salary survey) and the board approves salaries.”

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

“Documents are available upon request. Financial statements are posted in the lobby of the credit union.”

Filing and Contact Details

Filer

Filer Name
Commonwealth Utilities Employees
EIN
04-6055566
Phone
5087483452
Address
312 WAREHAM ROAD, MARION, MA 02738

Signing Officer

Name
Catherine Diamon
Title
CEO
Signed
2016-08-10
Discuss with paid preparer
Yes

Organization Details

Formed
1926
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
9

Preparer

Firm
Robert Anderson & Company Pc
Address
138 DODGE ST, BEVERLY, MA 01915-1866
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 = -$20214”

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 463 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/OtherChangesInNetAssetsAmt0-20214
IRS990/OtherEmployeeBenefitsGrp/TotalAmt034377
IRS990/OtherExpensesGrp/Desc0DEBIT CARD PROCESSING/LOSSES
IRS990/OtherExpensesGrp/Desc1Loan Loss Provision
IRS990/OtherExpensesGrp/Desc2VISA EXPENSE
IRS990/OtherExpensesGrp/Desc3Loan Servicing
IRS990/OtherExpensesGrp/TotalAmt0105988
IRS990/OtherExpensesGrp/TotalAmt172500
IRS990/OtherExpensesGrp/TotalAmt235562
IRS990/OtherExpensesGrp/TotalAmt322866
IRS990/OtherLiabilitiesGrp/BOYAmt036187025
IRS990/OtherLiabilitiesGrp/EOYAmt035169112
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0BORROWERS INSURANCE ADMIN
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc2SERVICE FEE INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02888
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt169755
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt244676
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02888
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt169755
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt244676
IRS990/OtherRevenueTotalAmt0117319
IRS990/OtherSalariesAndWagesGrp/TotalAmt0174954
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt010835462
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt011253003
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt023254
IRS990/PensionPlanContributionsGrp/TotalAmt09616
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt040157
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031817
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0669764
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0669764
IRS990/ProgSrvcAccomActy2Grp/Desc0Maintenance of member loan account. Number of loan accounts is 576.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01000
IRS990/PYInvestmentIncomeAmt0392695
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0901669
IRS990/PYOtherRevenueAmt092865
IRS990/PYProgramServiceRevenueAmt0719428
IRS990/PYRevenuesLessExpensesAmt0-66589
IRS990/PYSalariesCompEmpBnftPaidAmt0368908
IRS990/PYTotalExpensesAmt01271577
IRS990/PYTotalRevenueAmt01204988
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0283970
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0102785
IRS990/ReconcilationRevenueExpnssAmt0105899
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05874562
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05960247
IRS990/SavingsAndTempCashInvstGrp/BOYAmt027175226
IRS990/SavingsAndTempCashInvstGrp/EOYAmt025799352
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0112934
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023411
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0136345
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035169112
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER DEPOSIT ACCOUNTS
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/TotalBookValueLandBuildingsAmt0112934
IRS990ScheduleD/TotalLiabilityAmt035169112
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt032609
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt114452
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt232303
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt32551
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt413175
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt57695
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd5true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt050000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt150000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt232303
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt33000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt413037
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt513500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ANTHONY FONTES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1BRENDA MAHONEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2TIMOTHY MCGONAGLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3PETER MCCOY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4PETER MCCOY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5MARK BLOUIN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd5true
IRS990ScheduleL/TotalBalanceDueAmt0102785
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Persons who meet the requirements of the organization's field of membership who hold at least one share of the capital.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN OUTSIDE ACCOUNTANT PREPARES THE RETURN. THE CEO REVIEWS FOR ACCURACY. THE RETURN IS THEN PRESENTED TO THE BOARD SUBSEQUENT TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY SENIOR MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Personnel Committee reviews compensation in comparison to the industry (CUNA salary survey) and the board approves salaries.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Documents are available upon request. Financial statements are posted in the lobby of the credit union.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN FAS115- UNREALIZED GAIN/LOSS = -$20214
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,308,850
Liabilities
$35,348,603
Net assets
$5,960,247
Revenue
$1,166,002
Expenses
$1,060,103
Net income
$105,899
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.41$0.22$0.18
2022Detailed filing. Detailed filing data is available for this year.$50.9$43.4$7.58$1.28$0.88$0.40
2021Detailed filing. Detailed filing data is available for this year.$49.4$42.2$7.21$1.08$0.90$0.18
2020Detailed filing. Detailed filing data is available for this year.$46.6$39.5$7.07$1.24$1.05$0.19
2019Detailed filing. Detailed filing data is available for this year.$41.5$34.6$6.91$1.35$1.08$0.28
2018Detailed filing. Detailed filing data is available for this year.$40.2$33.6$6.63$1.31$1.05$0.26
2017Detailed filing. Detailed filing data is available for this year.$41.3$35.0$6.37$1.19$0.95$0.24
2016Detailed filing. Detailed filing data is available for this year.$41.6$35.5$6.13$1.17$1.00$0.17
2015Detailed filing. Detailed filing data is available for this year.$41.3$35.3$5.96$1.17$1.06$0.11
2014Detailed filing. Detailed filing data is available for this year.$42.1$36.2$5.87$1.20$1.27$0.07
2013Detailed filing. Detailed filing data is available for this year.$44.3$38.3$5.97$1.30$1.21$0.10
2012Summary only. Only limited summary data is available for this year.$43.8$37.8$5.93$1.55$1.32$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.1$37.4$5.67$1.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.3$36.8$5.44$1.74