Civic Intelligence

Mutual Security Credit Union Inc

990 • Fiscal year 2014 • EIN 06-0701899

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

12 Progress DriveShelton, CT 06484

(203) 402-7400

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.92x

Higher debt load relative to assets than 93% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

60th percentile

19.14x

Higher debt load relative to revenue than 60% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Net Margin

14th percentile

3.5%

Higher net margin than 14% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

63rd percentile

$218,756

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Asset Growth

56th percentile

4.2%

Faster asset growth than 56% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

38th percentile

0.6%

Faster revenue growth than 38% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Assets

Up

$249,491,746

Up $10,052,620 (+4.2%) from 2013

Net Assets

Up

$19,180,127

Up $416,846 (+2.2%) from 2013

Liabilities

Up

$230,311,619

Up $9,635,774 (+4.4%) from 2013

Revenue

Up

$12,035,310

Up $66,555 (+0.6%) from 2013

Expenses

Down

$11,618,464

Down $54,030 (-0.5%) from 2013

Net Income

Up

$416,846

Up $120,585 (+41%) from 2013

Historical Trend

Balance Sheet Trend

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

$400M$300M$200M$100M$0Assets 2010: $238,775,951Liabilities 2010: $221,453,641Net Assets 2010: $17,322,3102010Assets 2011: $234,687,836Liabilities 2011: $216,719,838Net Assets 2011: $17,967,9982011Assets 2012: $247,149,937Liabilities 2012: $228,682,915Net Assets 2012: $18,467,0222012Assets 2013: $239,439,126Liabilities 2013: $220,675,845Net Assets 2013: $18,763,2812013Assets 2014: $249,491,746Liabilities 2014: $230,311,619Net Assets 2014: $19,180,1272014Assets 2015: $255,906,948Liabilities 2015: $235,456,720Net Assets 2015: $20,450,2282015Assets 2016: $270,079,655Liabilities 2016: $249,210,925Net Assets 2016: $20,868,7302016Assets 2017: $280,684,890Liabilities 2017: $259,565,709Net Assets 2017: $21,119,1812017Assets 2018: $309,950,951Liabilities 2018: $287,430,478Net Assets 2018: $22,520,4732018Assets 2019: $319,353,478Liabilities 2019: $295,603,843Net Assets 2019: $23,749,6352019Assets 2020: $335,855,430Liabilities 2020: $310,955,926Net Assets 2020: $24,899,5042020Assets 2021: $354,262,560Liabilities 2021: $327,206,899Net Assets 2021: $27,055,6612021Assets 2022: $390,854,151Liabilities 2022: $363,939,211Net Assets 2022: $26,914,9402022Assets 2023: $357,474,048Liabilities 2023: $327,237,727Net Assets 2023: $30,236,3212023Assets 2024: $354,958,379Liabilities 2024: $323,462,691Net Assets 2024: $31,495,6882024

Highlighted filing

2014

Assets$249,491,746
Liabilities$230,311,619
Net Assets$19,180,127

Operations Trend

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

$30M$20M$10M$0Expenses 2010: $13,770,0442010Expenses 2011: $12,248,5522011Expenses 2012: $11,930,0752012Revenue 2013: $11,968,755Expenses 2013: $11,672,494Net Income 2013: $296,2612013Revenue 2014: $12,035,310Expenses 2014: $11,618,464Net Income 2014: $416,8462014Revenue 2015: $13,089,342Expenses 2015: $11,819,241Net Income 2015: $1,270,1012015Revenue 2016: $13,037,692Expenses 2016: $12,619,190Net Income 2016: $418,5022016Revenue 2017: $13,484,180Expenses 2017: $13,233,729Net Income 2017: $250,4512017Revenue 2018: $14,873,778Expenses 2018: $13,472,486Net Income 2018: $1,401,2922018Revenue 2019: $15,788,404Expenses 2019: $14,559,242Net Income 2019: $1,229,1622019Revenue 2020: $15,192,487Expenses 2020: $13,995,742Net Income 2020: $1,196,7452020Revenue 2021: $14,669,690Expenses 2021: $12,433,167Net Income 2021: $2,236,5232021Revenue 2022: $15,885,151Expenses 2022: $13,489,120Net Income 2022: $2,396,0312022Revenue 2023: $17,991,355Expenses 2023: $16,626,896Net Income 2023: $1,364,4592023Revenue 2024: $20,187,778Expenses 2024: $18,920,512Net Income 2024: $1,267,2662024

Highlighted filing

2014

Revenue$12,035,310
Expenses$11,618,464
Net Income$416,846
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$12,232,495
Mission and Program Overview

Mission

The mission of mutual security credit union (mscu) is to promote the economic well being of its members by providing a broad range of innovative financial products. These programs will be administered in a personalized environment by a professional staff and dedicated volunteers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$219,676,642$226,757,925▲ $7,081,283
Rtn Earn Endowment Incm Other Fnds$18,763,281$19,180,127▲ $416,846
Cash and Non-Interest-Bearing Accounts$5,121,720$10,691,485▲ $5,569,765
Land, Buildings, and Equipment, Net$4,979,008$4,617,758▼ $361,250
Savings and Temporary Cash Investments$4,624,000$1,095,000▼ $3,529,000
Investments Other Securities$714,741$595,875▼ $118,866
Prepaid Expenses and Deferred Charges$502,740$505,155▲ $2,415
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$239,439,126$249,491,746▲ $10,052,620
Other Assets Total$3,820,275$5,228,548▲ $1,408,273
Liabilities
Other Liabilities$219,327,692$228,774,212▲ $9,446,520
Escrow Account Liability$1,148,567$1,328,081▲ $179,514
Accounts Payable and Accrued Expenses$199,586$209,326▲ $9,740
Total Liabilities$220,675,845$230,311,619▲ $9,635,774
Net Assets / Fund Balance
Total Net Assets Fund Balance$18,763,281$19,180,127▲ $416,846
Total Liabilities and Net Assets / Fund Balance$239,439,126$249,491,746▲ $10,052,620

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,413,883$2,272,130$4,686,013
Buildings$926,236$1,517,781$2,444,017
Land$1,035,139-$1,035,139
Leasehold Improvements$242,500$758,541$1,001,041
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Larry F HoldermanPresident, CEOFT$167,560$51,196$218,756
Karen LevasseurCFOFT$119,638$32,741$152,379
Al FestiniNetwork AdministratorFT$121,637$20,492$142,129
Lynn McmahonVP MarketingFT$100,331$30,149$130,480

Board Members and Trustees

NameTitle
Bruce M LikelyChair
Robert MaragesVice Chair
Arnold HayduBoard Member
Robert J BastaBoard Member
Robert LubusBoard Member
Linda SmitasSecretary
Brigitta P SmithTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Jack Henry & Assoc INCCore Computer System & MaintPO BOX 609, Monett, MO 65708$240,572
FrontierCommunications ProviderPO BOX 20550, Rochester, NY 14602$167,640
ValuamericaAppraisal & Mortgage Services113 TECHNOLOGY DRIVE, Pittsburgh, PA 15275$155,481
ZonesComputer EquipmentPO BOX 34740, Seattle, WA 98124$122,488
Hearst Media Svcs Ct LLCAdvertising & MarketingPO BOX 26900, Lehigh Valley, PA 18002$107,395
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,784,446
Investment Income
$49,727
Other Revenue
$201,137
Change in Net Assets
$416,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,716,501
Salaries, Compensation, and Employee Benefits$5,080,469
Grants and Similar Amounts Paid$6,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,636,257
Office Expenses---$1,413,330
Information Technology---$882,656
Benefits to Members---$814,994
Occupancy---$713,745
Other Employee Benefits---$582,612
Current Officers, Directors, Trustees, and Key Employees---$371,134
Depreciation Depletion---$328,141
Payroll Taxes---$327,108
Advertising---$220,899
Pension Plan Contributions---$163,358
Fees for Services Management---$119,967
Fees for Services Accounting---$100,375
Conferences and Meetings---$84,944
Insurance---$80,080
Fees for Services Legal---$41,467
Travel---$22,447
Other Expenses---$12,739
All Other Expenses---$8,321
Grants to Domestic Individuals---$6,500
Interest---$3,933
Total Functional Expenses$0$0$0$11,618,464
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Son of CEOGross EarningsNo$16,509
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares on Deposit$225,828,048
Other Liabilities and Loans$2,946,164
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
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The credit union's members have rights to elect the members of the governing body. The credit union's members also receive a share of the organization's profits in the form of cash dividends.

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

Members of the credit union have the right to elect one or more members of the organization's governing body, whether periodically, as vacancies arise, or otherwise.

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

Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.

Form 990, Part VI, Section B, Line 11

The chairman, and vice-chairman or treasurer of the board of directors will review form 990 prior to its filing.

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

The credit union policy has guidelines for various transactions to ensure that our business activities are performed in compliance with the state of ct statutes. Segregation of duties is managed to ensure that system transactions are in compliance with the policy. Outside of our core system, other authorizations to perform high level functions are assigned under dual approval within policy limits. Board approval is received when necessary for those transactions as stated in the policy.

Form 990, Part VI, Section B, Line 15

Salary and job description data is obtained from a consultant, hr value group, whose data includes salary ranges from the cuna salary survey, cues survey, and the economic research institute. Ceo salary is approved by the board of directors.

Form 990, Part VI, Section C, Line 19

Financial statements are available to the public upon request for the same period of disclosure as set forth in section 6104(d). Governing documents and conflicts of interest policies are not made available to the public.

Filing and Contact Details

Filer

Filer Name
Mutual Security Credit Union
EIN
06-0701899
Phone
2034027400
Address
12 PROGRESS DRIVE, SHELTON, CT 06484

Signing Officer

Name
Stephen Osowiecki
Title
CFO
Phone
2034027409
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Holderman
Formed
2001
Legal Domicile
Ct
Voting Board Members
5
Independent Board Members
5
Employees
99
Volunteers
10

Preparer

Firm
Rsm US Llp
Address
801 NICOLLET MALL SUITE 1100, MINNEAPOLIS, MN 55402
Preparer
Gerald B Kissell
Phone
6123324300
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

Mscu has escrow accounts for members with first mortgage loans. Their funds accumulate monthly and when due, mscu pays their town/city property tax and insurance on their behalf.

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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/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT, CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9NETWORK ADMINISTRATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP MARKETING
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt06500
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt012232495
IRS990/GrossRentsGrp/RealAmt0150132
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0882656
IRS990/InsuranceGrp/TotalAmt080080
IRS990/InterestGrp/TotalAmt03933
IRS990/InvestmentIncomeGrp/ExclusionAmt049727
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt049727
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0714741
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0595875
IRS990/IRPDocumentCnt05949
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04548452
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04979008
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04617758
IRS990/LandBldgEquipCostOrOtherBssAmt09166210
IRS990/LegalDomicileStateCd0CT
IRS990/LessRentalExpensesGrp/RealAmt0197185
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF MUTUAL SECURITY CREDIT UNION (MSCU) IS TO PROMOTE THE ECONOMIC WELL BEING OF ITS MEMBERS BY PROVIDING A BROAD RANGE OF INNOVATIVE FINANCIAL PRODUCTS. THESE PROGRAMS WILL BE ADMINISTERED IN A PERSONALIZED ENVIRONMENT BY A PROFESSIONAL STAFF AND DEDICATED VOLUNTEERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt018763281
IRS990/NetAssetsOrFundBalancesEOYAmt019180127
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-47053
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-47053
IRS990/NetUnrelatedBusTxblIncmAmt0-187732
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0713745
IRS990/OfficeExpensesGrp/TotalAmt01413330
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03820275
IRS990/OtherAssetsTotalGrp/EOYAmt05228548
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0582612
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2DUES
IRS990/OtherExpensesGrp/Desc3EXAM FEES
IRS990/OtherExpensesGrp/TotalAmt0888474
IRS990/OtherExpensesGrp/TotalAmt1763910
IRS990/OtherExpensesGrp/TotalAmt231073
IRS990/OtherExpensesGrp/TotalAmt312739
IRS990/OtherLiabilitiesGrp/BOYAmt0219327692
IRS990/OtherLiabilitiesGrp/EOYAmt0228774212
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/Desc0MISC. OPERATING INCOME
IRS990/OtherRevenueMiscGrp/Desc1CASH OVER/SHORT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0246129
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12061
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0246129
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12061
IRS990/OtherRevenueTotalAmt0248190
IRS990/OtherSalariesAndWagesGrp/TotalAmt03636257
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0219676642
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0226757925
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0327108
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0163358
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0502740
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0505155
IRS990/PrincipalOfficerNm0LARRY HOLDERMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2VISA FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3MORTGAGE FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08792933
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11927158
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2844120
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt348915
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08792933
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12098478
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2844120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt348915
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0171320
IRS990/ProgSrvcAccomActy2Grp/Desc0MSCU OFFERS MEMBERS OUR VISA CREDIT CARDS AND VISA CHECK CARD (DEBIT CARD). THERE WERE 373 NEW VISA ACCOUNTS ISSUED IN 2014.
IRS990/ProgSrvcAccomActy3Grp/Desc0MSCU OFFERS MEMBERS OUR VARIOUS CHECKING ACCOUNT PROGRAMS. THERE WERE 58 NEW CHECKING ACCOUNTS OPENED IN 2014.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt01180487
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt06000
IRS990/PYInvestmentIncomeAmt079745
IRS990/PYOtherExpensesAmt05343469
IRS990/PYOtherRevenueAmt0180007
IRS990/PYProgramServiceRevenueAmt011709003
IRS990/PYRevenuesLessExpensesAmt0296261
IRS990/PYSalariesCompEmpBnftPaidAmt05142538
IRS990/PYTotalExpensesAmt011672494
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011968755
IRS990/ReconcilationRevenueExpnssAmt0416846
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-47053
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt018763281
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt019180127
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04624000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01095000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0926236
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01517781
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02444017
IRS990ScheduleD/EquipmentGrp/BookValueAmt02413883
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02272130
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04686013
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt01035139
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01035139
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0242500
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0758541
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01001041
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0225828048
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12946164
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARES ON DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITIES AND LOANS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MSCU HAS ESCROW ACCOUNTS FOR MEMBERS WITH FIRST MORTGAGE LOANS. THEIR FUNDS ACCUMULATE MONTHLY AND WHEN DUE, MSCU PAYS THEIR TOWN/CITY PROPERTY TAX AND INSURANCE ON THEIR BEHALF.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04617758
IRS990ScheduleD/TotalLiabilityAmt0228774212
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP FOR COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt016
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0CHECK IS MADE PAYABLE TO THE STUDENT AND COLLEGE THEY ARE ATTENDING.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0167560
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1119638
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt025236
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt116791
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt021525
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt114752
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt04435
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt11198
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LARRY F HOLDERMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1KAREN LEVASSEUR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT, CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0218756
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1152379
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0MATTHEW R HOLDERMAN

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$355$323$31.5$20.2$18.9$1.27
2023Detailed filing. Detailed filing data is available for this year.$357$327$30.2$18.0$16.6$1.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$391$364$26.9$15.9$13.5$2.40
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$354$327$27.1$14.7$12.4$2.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$336$311$24.9$15.2$14.0$1.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$319$296$23.7$15.8$14.6$1.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$310$287$22.5$14.9$13.5$1.40
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$281$260$21.1$13.5$13.2$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$270$249$20.9$13.0$12.6$0.42
2015Detailed filing. Detailed filing data is available for this year.$256$235$20.5$13.1$11.8$1.27
2014Detailed filing. Detailed filing data is available for this year.$249$230$19.2$12.0$11.6$0.42
2013Detailed filing. Detailed filing data is available for this year.$239$221$18.8$12.0$11.7$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$247$229$18.5$11.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$235$217$18.0$12.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$239$221$17.3$13.8