Civic Intelligence

Connex Credit Union Inc

990 • Fiscal year 2013 • EIN 06-0655052

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 17, 2014

Organization ProfileWWW.CONNEXCU.ORG

View Organization Page

412 Washington AvenueNorth Haven, CT 06473

(203) 603-5707

Siviq Scores

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

Liabilities / Assets

25th percentile

0.88x

Higher debt load relative to assets than 25% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

45th percentile

17.25x

Higher debt load relative to revenue than 45% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Net Margin

28th percentile

9.2%

Higher net margin than 28% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Top Officer Pay

45th percentile

$344,661

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Asset Growth

66th percentile

5.7%

Faster asset growth than 66% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$399,256,876

Up $21,645,851 (+5.7%) from 2012

Net Assets

Up

$49,838,612

Up $1,868,718 (+3.9%) from 2012

Liabilities

Up

$349,418,264

Up $19,777,133 (+6.0%) from 2012

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin28th percentile

Revenue

$20,254,583

No earlier filing loaded for comparison.

Expenses

Up

$18,385,865

Up $303,591 (+1.7%) from 2012

Net Income

$1,868,718

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$1.5B$1.0B$500M$0Assets 2010: $361,975,113Liabilities 2010: $319,146,607Net Assets 2010: $42,828,5062010Assets 2011: $363,021,772Liabilities 2011: $317,155,094Net Assets 2011: $45,866,6782011Assets 2012: $377,611,025Liabilities 2012: $329,641,131Net Assets 2012: $47,969,8942012Assets 2013: $399,256,876Liabilities 2013: $349,418,264Net Assets 2013: $49,838,6122013Assets 2014: $429,883,415Liabilities 2014: $378,988,811Net Assets 2014: $50,894,6042014Assets 2015: $458,563,820Liabilities 2015: $404,575,604Net Assets 2015: $53,988,2162015Assets 2016: $493,306,196Liabilities 2016: $437,265,027Net Assets 2016: $56,041,1692016Assets 2017: $565,193,750Liabilities 2017: $505,566,698Net Assets 2017: $59,627,0522017Assets 2018: $632,181,049Liabilities 2018: $569,244,092Net Assets 2018: $62,936,9572018Assets 2019: $713,889,738Liabilities 2019: $644,777,282Net Assets 2019: $69,112,4562019Assets 2020: $766,376,274Liabilities 2020: $691,848,347Net Assets 2020: $74,527,9272020Assets 2021: $868,570,264Liabilities 2021: $788,570,918Net Assets 2021: $79,999,3462021Assets 2022: $957,477,676Liabilities 2022: $874,572,978Net Assets 2022: $82,904,6982022Assets 2023: $1,012,806,214Liabilities 2023: $924,140,935Net Assets 2023: $88,665,2792023Assets 2024: $1,046,785,625Liabilities 2024: $955,698,183Net Assets 2024: $91,087,4422024

Highlighted filing

2013

Assets$399,256,876
Liabilities$349,418,264
Net Assets$49,838,612
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60M$40M$20M$0Expenses 2010: $18,849,2982010Expenses 2011: $17,244,5792011Expenses 2012: $18,082,2742012Revenue 2013: $20,254,583Expenses 2013: $18,385,865Net Income 2013: $1,868,7182013Revenue 2014: $20,104,050Expenses 2014: $19,048,058Net Income 2014: $1,055,9922014Revenue 2015: $20,747,470Expenses 2015: $18,232,311Net Income 2015: $2,515,1592015Revenue 2016: $21,927,851Expenses 2016: $19,820,408Net Income 2016: $2,107,4432016Revenue 2017: $25,489,418Expenses 2017: $22,146,509Net Income 2017: $3,342,9092017Revenue 2018: $26,423,901Expenses 2018: $22,300,410Net Income 2018: $4,123,4912018Revenue 2019: $30,667,343Expenses 2019: $26,008,197Net Income 2019: $4,659,1462019Revenue 2020: $29,642,233Expenses 2020: $25,373,854Net Income 2020: $4,268,3792020Revenue 2021: $30,771,499Expenses 2021: $24,356,778Net Income 2021: $6,414,7212021Revenue 2022: $35,206,220Expenses 2022: $27,282,343Net Income 2022: $7,923,8772022Revenue 2023: $43,567,121Expenses 2023: $39,242,351Net Income 2023: $4,324,7702023Revenue 2024: $52,043,001Expenses 2024: $50,919,757Net Income 2024: $1,123,2442024

Highlighted filing

2013

Revenue$20,254,583
Expenses$18,385,865
Net Income$1,868,718
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 17, 2014
Return Version
2013v3.0
Gross Receipts
$20,376,961
Mission and Program Overview

Mission

To provide members with credit union services

To provide members with depository, lending and other credit union services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$232,398,187$249,065,493▲ $16,667,306
Investments in Publicly Traded Securities$62,269,166$77,011,778▲ $14,742,612
Investments Other Securities$63,206,785$56,515,295▼ $6,691,490
Rtn Earn Endowment Incm Other Fnds$47,969,894$49,838,612▲ $1,868,718
Land, Buildings, and Equipment, Net$3,236,810$3,371,163▲ $134,353
Cash and Non-Interest-Bearing Accounts$5,680,828$2,946,336▼ $2,734,492
Accounts Receivable$788,826$685,284▼ $103,542
Receivables From Officers Etc$67,108$119,000▲ $51,892
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$377,611,025$399,256,876▲ $21,645,851
Other Assets Total$9,963,315$9,542,527▼ $420,788
Liabilities
Other Liabilities$315,131,443$335,745,002▲ $20,613,559
Mortgage Notes Payable Secured by Investment Property$10,028,933$10,028,933→ $0
Accounts Payable and Accrued Expenses$4,480,755$3,644,329▼ $836,426
Total Liabilities$329,641,131$349,418,264▲ $19,777,133
Net Assets / Fund Balance
Total Net Assets Fund Balance$47,969,894$49,838,612▲ $1,868,718
Total Liabilities and Net Assets / Fund Balance$377,611,025$399,256,876▲ $21,645,851

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,527,620$520,372-
Other Land Buildings$330,651$966,725-
Land$711,196--
Equipment$721,076$749,301-
Leasehold Improvements$80,620$791,809-
Other Securities$50,000--
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Francesco ManciniCEOFT$225,000$119,661$344,661
Richard BoydVP LendingFT$121,895$96,958$218,853
Michelle SilvaFormer VP HrFT$82,269$76,459$158,728
Carl CasperVP Customer AdvocacyFT$117,185-$117,185
John EdwardsFormer CEOFT$4,782$110,547$115,329
Bryan WoodwardVP / CIOFT$112,474-$112,474
Audrey Hardy-sheltonTraining DirectorFT$106,182-$106,182
Barbara BafumiControllerFT$104,709-$104,709
Karen SmithCFOFT$64,904-$64,904
David ClarkDirector-$13,488-$13,488
Luba GrossmanDirector-$13,488-$13,488
Mari PowersDirector-$13,488-$13,488
Janet HandDirector-$13,476-$13,476
Fred HeimannDirector-$11,505-$11,505
Kevin WetmoreDirector-$11,465-$11,465
Mary SemedoDirector-$7,763-$7,763
Paul JenkinsFormer Director-$7,753$7,753$7,753
Kevin McnamaraDirector-$5,357-$5,357
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$18,753,104
Investment Income
$1,501,479
Other Revenue
$0
Change in Net Assets
$1,868,718

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,254,583
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$167,460
Total Revenue per Audited Statements
$20,422,043
Total Revenue per Form 990
$20,254,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,818,460
Salaries, Compensation, and Employee Benefits$8,567,405
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$5,691,670
Office Expenses---$2,287,495
Interest---$1,449,980
Other Employee Benefits---$1,381,075
Current Officers, Directors, Trustees, and Key Employees---$1,141,612
Occupancy---$865,610
All Other Expenses---$813,010
Advertising---$763,624
Pension Plan Contributions---$353,048
Other Expenses---$340,667
Fees for Services Other---$123,425
Conferences and Meetings---$10,659
Total Functional Expenses$0$0$0$18,385,865

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$18,603,991
Expenses per Audited Statements$18,385,865
Total Expenses per Form 990$18,385,865
Expenses Not Reported on Form 990$218,126
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$67,108$119,000▲ $51,892
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
MEMBERS' SHARES$335,745,002
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Members of the credit union are considered to be individuals maintaining minimum deposit balances.”

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

“Members in good standing may vote for directors as their terms expire.”

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

“Members approve decisions of the governing board in accordance with the bylaws of the credit union.”

Form 990, Part VI, Section B, Line 11

“Copies of form 990 are reviewed by the secretary/treasurer and signed and filed with the internal revenue service. Form 990 is discussed at the next board meeting.”

Form 990, Part VI, Section B, Line 12C

“Annually the credit union reviews their conflict of interest policy with all officers, directors and key employees.”

Form 990, Part VI, Section B, Line 15

“Outside consultants are hired annually to review compensation levels of top management.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

EIN
06-0655052
Phone
2036035707

Signing Officer

Name
Karen Smith
Title
CFO
Phone
2036035707
Signed
2014-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Francesco Mancini
Formed
1940
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
9
Employees
149
Volunteers
0

Preparer

Preparer
Joseph P Polzella CPA
Phone
2035980502
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Timing differences - see note below”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Timing differences - see note below”

Form 990 Sch D - Parts XI and XII

“Connex credit union maintains a september 30th year end for their annual audit performed by independent auditors. For tax purposes, they maintain a december 31st year end. Therefore, it is not possible to reconcile between audited figures and this tax return.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP CUSTOMER ADVOCACY
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRAINING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP / CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt15FORMER DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16FORMER CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt17FORMER VP HR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01940
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt020951
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0143329
IRS990/GrossReceiptsAmt020376961
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/TotalAmt01449980
IRS990/InvestmentIncomeGrp/ExclusionAmt01480528
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01480528
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt063206785
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt056515295
IRS990/InvestmentsPubTradedSecGrp/BOYAmt062269166
IRS990/InvestmentsPubTradedSecGrp/EOYAmt077011778
IRS990/IRPDocumentCnt06849
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03028207
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03236810
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03371163
IRS990/LandBldgEquipCostOrOtherBssAmt06399370
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0122378
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE MEMBERS WITH CREDIT UNION SERVICES
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010028933
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010028933
IRS990/NetAssetsOrFundBalancesBOYAmt047969894
IRS990/NetAssetsOrFundBalancesEOYAmt049838612
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt020951
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt020951
IRS990/NetUnrelatedBusTxblIncmAmt0-38272
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0865610
IRS990/OfficeExpensesGrp/TotalAmt02287495
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09963315
IRS990/OtherAssetsTotalGrp/EOYAmt09542527
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01381075
IRS990/OtherExpensesGrp/Desc0DATA PROCESSING
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3LOAN INTEREST EXPENSE
IRS990/OtherExpensesGrp/TotalAmt01460208
IRS990/OtherExpensesGrp/TotalAmt11245537
IRS990/OtherExpensesGrp/TotalAmt2458245
IRS990/OtherExpensesGrp/TotalAmt3340667
IRS990/OtherLiabilitiesGrp/BOYAmt0315131443
IRS990/OtherLiabilitiesGrp/EOYAmt0335745002
IRS990/OtherSalariesAndWagesGrp/TotalAmt05691670
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0232398187
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0249065493
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0353048
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0FRANCESCO MANCINI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1OPERATING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011947314
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14182588
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011947314
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16805790
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt02623202
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01566109
IRS990/PYOtherExpensesAmt09900341
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt018619381
IRS990/PYRevenuesLessExpensesAmt02103216
IRS990/PYSalariesCompEmpBnftPaidAmt08181933
IRS990/PYTotalExpensesAmt018082274
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt020185490
IRS990/QuidProQuoContributionsInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt067108
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0119000
IRS990/ReconcilationRevenueExpnssAmt01868718
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt047969894
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt049838612
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01527620
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0520372
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02047992
IRS990ScheduleD/EquipmentGrp/BookValueAmt0721076
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0749301
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01470377
IRS990ScheduleD/ExpensesNotReportedAmt0218126
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt018385865
IRS990ScheduleD/LandGrp/BookValueAmt0711196
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0711196
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt080620
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0791809
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0872429
IRS990ScheduleD/OtherExpensesIncludedAmt0218126
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0330651
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0966725
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01297376
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0335745002
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARES
IRS990ScheduleD/OtherRevenueAmt0167460
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt04775121
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt145911673
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt25778501
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt350000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CORPORATE CU - SHARES, NOTES,CERTS.
IRS990ScheduleD/OtherSecuritiesGrp/Desc1COMMERCIAL BANK - TIME DEPOSITS, CERT'S, NOTES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2FEDERAL RESERVE BANK
IRS990ScheduleD/OtherSecuritiesGrp/Desc3CPM INVESTMENT - ACORN GROUP
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/RevenueNotReportedAmt0167460
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt020254583
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TIMING DIFFERENCES - SEE NOTE BELOW
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1TIMING DIFFERENCES - SEE NOTE BELOW
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CONNEX CREDIT UNION MAINTAINS A SEPTEMBER 30TH YEAR END FOR THEIR ANNUAL AUDIT PERFORMED BY INDEPENDENT AUDITORS. FOR TAX PURPOSES, THEY MAINTAIN A DECEMBER 31ST YEAR END. THEREFORE, IT IS NOT POSSIBLE TO RECONCILE BETWEEN AUDITED FIGURES AND THIS TAX RETURN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 SCH D - PARTS XI AND XII
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03371163
IRS990ScheduleD/TotalBookValueSecuritiesAmt056515295
IRS990ScheduleD/TotalExpensesPerForm990Amt018385865
IRS990ScheduleD/TotalLiabilityAmt0335745002
IRS990ScheduleD/TotalRevenuePerForm990Amt020254583
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt020422043
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt018603991
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0225000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1121895
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt34782
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt482269
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount050267
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount125810
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount3110547
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount424792
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20

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Filings

Displayed year

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

Open filing
Assets
$399,256,876
Liabilities
$349,418,264
Net assets
$49,838,612
Revenue
$20,254,583
Expenses
$18,385,865
Net income
$1,868,718
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,047$956$91.1$52.0$50.9$1.12
2023Detailed filing. Detailed filing data is available for this year.$1,013$924$88.7$43.6$39.2$4.32
2022Detailed filing. Detailed filing data is available for this year.$957$875$82.9$35.2$27.3$7.92
2021Detailed filing. Detailed filing data is available for this year.$869$789$80.0$30.8$24.4$6.41
2020Detailed filing. Detailed filing data is available for this year.$766$692$74.5$29.6$25.4$4.27
2019Detailed filing. Detailed filing data is available for this year.$714$645$69.1$30.7$26.0$4.66
2018Detailed filing. Detailed filing data is available for this year.$632$569$62.9$26.4$22.3$4.12
2017Detailed filing. Detailed filing data is available for this year.$565$506$59.6$25.5$22.1$3.34
2016Detailed filing. Detailed filing data is available for this year.$493$437$56.0$21.9$19.8$2.11
2015Detailed filing. Detailed filing data is available for this year.$459$405$54.0$20.7$18.2$2.52
2014Detailed filing. Detailed filing data is available for this year.$430$379$50.9$20.1$19.0$1.06
2013Detailed filing. Detailed filing data is available for this year.$399$349$49.8$20.3$18.4$1.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$378$330$48.0$18.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$363$317$45.9$17.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$362$319$42.8$18.8