Civic Intelligence

Dutch Point Credit Union Inc

990 • Fiscal year 2023 • EIN 06-6039973

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 25, 2024

Organization ProfileWWW.DUTCHPOINT.ORG

View Organization Page

195 Silas Deane HighwayWethersfield, CT 06109-1283

(860) 563-2617

Siviq Scores

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

Liabilities / Assets

36th percentile

0.90x

Higher debt load relative to assets than 36% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

19.71x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2023

Net Margin

82nd percentile

20%

Higher net margin than 82% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2023

Top Officer Pay

45th percentile

$414,620

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2023

Asset Growth

49th percentile

1.7%

Faster asset growth than 49% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

34%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$475,467,935

Up $8,170,869 (+1.7%) from 2022

Net Assets

Up

$49,573,997

Up $4,256,792 (+9.4%) from 2022

Liabilities

Up

$425,893,938

Up $3,914,077 (+0.9%) from 2022

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin82nd percentile

Revenue

Up

$21,611,039

Up $5,506,745 (+34%) from 2022

Expenses

Up

$17,217,889

Up $4,345,521 (+34%) from 2022

Net Income

Up

$4,393,150

Up $1,161,224 (+36%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$600M$400M$200M$0Assets 2010: $178,724,543Liabilities 2010: $158,488,919Net Assets 2010: $20,235,6242010Assets 2011: $186,394,480Liabilities 2011: $165,732,036Net Assets 2011: $20,662,4442011Assets 2012: $194,669,913Liabilities 2012: $173,112,948Net Assets 2012: $21,556,9652012Assets 2013: $227,206,231Liabilities 2013: $201,591,943Net Assets 2013: $25,614,2882013Assets 2014: $232,767,066Liabilities 2014: $206,234,097Net Assets 2014: $26,532,9692014Assets 2015: $248,722,010Liabilities 2015: $221,203,217Net Assets 2015: $27,518,7932015Assets 2016: $284,501,786Liabilities 2016: $253,612,140Net Assets 2016: $30,889,6462016Assets 2017: $300,419,546Liabilities 2017: $266,622,124Net Assets 2017: $33,797,4222017Assets 2018: $311,502,357Liabilities 2018: $275,446,858Net Assets 2018: $36,055,4992018Assets 2019: $338,763,138Liabilities 2019: $299,532,483Net Assets 2019: $39,230,6552019Assets 2020: $402,719,315Liabilities 2020: $362,809,141Net Assets 2020: $39,910,1742020Assets 2021: $439,784,551Liabilities 2021: $397,403,002Net Assets 2021: $42,381,5492021Assets 2022: $467,297,066Liabilities 2022: $421,979,861Net Assets 2022: $45,317,2052022Assets 2023: $475,467,935Liabilities 2023: $425,893,938Net Assets 2023: $49,573,9972023Assets 2024: $510,778,790Liabilities 2024: $458,266,962Net Assets 2024: $52,511,8282024

Highlighted filing

2023

Assets$475,467,935
Liabilities$425,893,938
Net Assets$49,573,997
Open 2023 Filing

Operations Trend

Revenue Growth84th percentile

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

$30M$20M$10M$0Expenses 2010: $8,831,5452010Expenses 2011: $8,202,5682011Revenue 2012: $8,750,264Expenses 2012: $7,929,838Net Income 2012: $820,4262012Revenue 2013: $10,206,493Expenses 2013: $8,135,944Net Income 2013: $2,070,5492013Revenue 2014: $10,318,620Expenses 2014: $9,293,776Net Income 2014: $1,024,8442014Revenue 2015: $10,662,797Expenses 2015: $9,284,371Net Income 2015: $1,378,4262015Revenue 2016: $11,458,009Expenses 2016: $9,358,862Net Income 2016: $2,099,1472016Revenue 2017: $12,602,425Expenses 2017: $10,374,138Net Income 2017: $2,228,2872017Revenue 2018: $14,246,373Expenses 2018: $11,323,676Net Income 2018: $2,922,6972018Revenue 2019: $15,523,882Expenses 2019: $12,840,178Net Income 2019: $2,683,7042019Revenue 2020: $13,404,884Expenses 2020: $12,255,604Net Income 2020: $1,149,2802020Revenue 2021: $13,078,655Expenses 2021: $11,156,431Net Income 2021: $1,922,2242021Revenue 2022: $16,104,294Expenses 2022: $12,872,368Net Income 2022: $3,231,9262022Revenue 2023: $21,611,039Expenses 2023: $17,217,889Net Income 2023: $4,393,1502023Revenue 2024: $24,860,255Expenses 2024: $21,923,484Net Income 2024: $2,936,7712024

Highlighted filing

2023

Revenue$21,611,039
Expenses$17,217,889
Net Income$4,393,150
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 25, 2024
Return Version
2023v5.1
Gross Receipts
$34,401,078
Mission and Program Overview

Mission

As a trusted partner, dutch point credit union improves members' financial well-being through financial solutions and education.

Our mission is "educate. Serve. Delight." while providing credit union services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$223,922,787$246,348,184▲ $22,425,397
Investments Other Securities$176,780,575$169,996,099▼ $6,784,476
Rtn Earn Endowment Incm Other Fnds$45,317,205$49,573,997▲ $4,256,792
Savings and Temporary Cash Investments$45,301,535$41,994,138▼ $3,307,397
Land, Buildings, and Equipment, Net$2,711,001$2,402,153▼ $308,848
Cash and Non-Interest-Bearing Accounts$2,112,918$1,982,451▼ $130,467
Prepaid Expenses and Deferred Charges$941,104$970,407▲ $29,303
Receivables From Officers Etc$836,773$876,773▲ $40,000
Investments in Publicly Traded Securities$8,808,413$154,040▼ $8,654,373
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$467,297,066$475,467,935▲ $8,170,869
Other Assets Total$5,881,960$10,743,690▲ $4,861,730
Liabilities
Other Liabilities$418,764,908$423,386,736▲ $4,621,828
Accounts Payable and Accrued Expenses$3,214,953$2,507,202▼ $707,751
Total Liabilities$421,979,861$425,893,938▲ $3,914,077
Net Assets / Fund Balance
Total Net Assets Fund Balance$45,317,205$49,573,997▲ $4,256,792
Total Liabilities and Net Assets / Fund Balance$467,297,066$475,467,935▲ $8,170,869

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,245,869$2,137,623$3,383,492
Equipment$298,448$1,968,007$2,266,455
Land$783,483-$783,483
Leasehold Improvements$74,353$283,595$357,948
Other Securities$500,000--
Closely Held Equity Interests$389,972--
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Francis R N ProtoCEO - Former-$4,135$410,485$414,620
Charlyn TannerPresident, CEO & SecretaryFT$270,000$139,327$409,327
Michael KleinschmittChief Financial OfficerFT$171,600$54,916$226,516
Anthony SacchettiChief Member Experience OfficerFT$140,590$47,675$188,265
Richard S ZajackChairman of Board-$1,015-$1,015

Board Members and Trustees

NameTitle
Michael E CurtinVice Chairman
Maisa LahamDirector
Marguerite RoseDirector
Noel AubeDirector
Patrick DornfriedDirector
Robert BourneDirector
Timothy TuellTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Solidus INCConstruction Services1450 MAIN STREET, East Hartford, CT 06108$143,995
Synergi Partners INCProfessional Services Re ErcSYNERGI CARES PO BOX 5599, Florence, SC 29502-5599$128,686
Revenue and Support

Revenue Composition

Contributions and Grants
$1,790,589
Program Service Revenue
$15,829,282
Investment Income
$3,991,168
Other Revenue
$0
Change in Net Assets
$4,393,150

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,611,569
Revenue Not Reported on Financial Statements
$-530
Revenue Not Reported on Form 990
$-102,086
Other Revenue Adjustments
$-530
Total Revenue per Audited Statements
$21,509,483
Total Revenue per Form 990
$21,611,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,440,688
Salaries, Compensation, and Employee Benefits$5,769,701
Grants and Similar Amounts Paid$7,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$4,573,366
Other Salaries and Wages---$3,837,039
Information Technology---$1,249,343
Current Officers, Directors, Trustees, and Key Employees---$808,124
Office Expenses---$687,679
Occupancy---$653,907
Other Employee Benefits---$595,787
Advertising---$447,326
Fees for Services Other---$438,182
Depreciation Depletion---$386,499
Payroll Taxes---$361,837
Other Expenses---$278,305
Pension Plan Contributions---$166,914
All Other Expenses---$140,220
Conferences and Meetings---$90,573
Fees for Services Accounting---$66,743
Fees for Services Legal---$17,572
Grants to Domestic Individuals---$7,500
Total Functional Expenses$0$0$0$17,217,889

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$17,218,419
Total Expenses per Audited Statements$17,218,419
Total Expenses per Form 990$17,217,889
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-530
Other Expense Adjustments$-530
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$836,773$876,773▲ $40,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
MEMBERS' SHARES$423,386,736
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Individuals maintaining a minimum deposit balance with the organization are considered members.”

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

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

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

“Copies of the return are provided to the governing board prior to filing. Prior to finalizing the return a copy is provided to the president and cfo for their review.”

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

“The organization annually reviews their conflict of interest policy with directors, officers and key employees.”

Form 990, Part VI, Section C, Line 19

“The organizations governing documents and conflict of interest policy are not made available to the public. The organization's financial statements are published on their web site.”

Filing and Contact Details

Filer

Filer Name
Dutch Point Credit Union
EIN
06-6039973
Phone
8605632617
Address
195 SILAS DEANE HIGHWAY, WETHERSFIELD, CT 06109-1283

Signing Officer

Name
Charlyn Tanner
Title
President and CEO
Phone
8605632617
Signed
2024-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlyn Tanner
Formed
1960
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
8
Employees
83
Volunteers
0

Preparer

Firm
SEWARD AND MONDE CPA'S
Address
296 STATE STREET, NORTH HAVEN, CT 06473-2165
Preparer
Athanasios Partalas
Phone
2032489341
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Adoption asc topic 326 -34,272.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Loss from property dispositions -530.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Loss from property dispositions -530.”

Raw XML AppendixShowing 400 of 554 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/Form990PartVIISectionAGrp/TitleTxt0CEO - FORMER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT, CEO & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF MEMBER EXPERIENCE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN OF BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIRMAN
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IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt012928907
IRS990/GrossReceiptsAmt034401078
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01249343
IRS990/InterestGrp/TotalAmt04573366
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03852300
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03852300
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0176780575
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0169996099
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08808413
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0154040
IRS990/IRPDocumentCnt06147
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04389225
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02711001
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02402153
IRS990/LandBldgEquipCostOrOtherBssAmt06791378
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0530
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt012789509
IRS990/LoanOutstandingInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EDUCATE. SERVE. DELIGHT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt045317205
IRS990/NetAssetsOrFundBalancesEOYAmt049573997
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0138868
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0138868
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-102086
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0653907
IRS990/OfficeExpensesGrp/TotalAmt0687679
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05881960
IRS990/OtherAssetsTotalGrp/EOYAmt010743690
IRS990/OtherChangesInNetAssetsAmt0-34272
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0595787
IRS990/OtherExpensesGrp/Desc0LOAN EXPENSES
IRS990/OtherExpensesGrp/Desc1DEBIT CARD EXPENSES
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3ATM EXPENSES
IRS990/OtherExpensesGrp/TotalAmt01075667
IRS990/OtherExpensesGrp/TotalAmt1792561
IRS990/OtherExpensesGrp/TotalAmt2542745
IRS990/OtherExpensesGrp/TotalAmt3278305
IRS990/OtherLiabilitiesGrp/BOYAmt0418764908
IRS990/OtherLiabilitiesGrp/EOYAmt0423386736
IRS990/OtherSalariesAndWagesGrp/TotalAmt03837039
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0223922787
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0246348184
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0361837
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0166914
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0941104
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0970407
IRS990/PrincipalOfficerNm0CHARLYN TANNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1INTERCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011271712
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12249910
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22006762
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3300898
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011271712
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12249910
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22006762
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3300898
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt07500
IRS990/PYInvestmentIncomeAmt03237910
IRS990/PYOtherExpensesAmt06959866
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt012866384
IRS990/PYRevenuesLessExpensesAmt03231926
IRS990/PYSalariesCompEmpBnftPaidAmt05905002
IRS990/PYTotalExpensesAmt012872368
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt016104294
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0836773
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0876773
IRS990/ReconcilationRevenueExpnssAmt04393150
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt045317205
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt049573997
IRS990/SavingsAndTempCashInvstGrp/BOYAmt045301535
IRS990/SavingsAndTempCashInvstGrp/EOYAmt041994138
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01245869
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02137623
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03383492
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0389972
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/EquipmentGrp/BookValueAmt0298448
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01968007
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02266455
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-530
IRS990ScheduleD/ExpensesSubtotalAmt017218419
IRS990ScheduleD/LandGrp/BookValueAmt0783483
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0783483
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt074353
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0283595
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0357948
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-102086
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-530
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0423386736
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARES
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-530
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0137342692
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1233700
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt216299754
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt315229981
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4500000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FEDERAL AGENCY SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FHLB
IRS990ScheduleD/OtherSecuritiesGrp/Desc2BANK NOTES & CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc3MORTGAGE BACKED SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc4ESCORP
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/RevenueNotReportedAmt0-102086
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-530
IRS990ScheduleD/RevenueSubtotalAmt021611569
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS FROM PROPERTY DISPOSITIONS -530.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS FROM PROPERTY DISPOSITIONS -530.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02402153
IRS990ScheduleD/TotalBookValueSecuritiesAmt0169996099
IRS990ScheduleD/TotalExpensesPerForm990Amt017217889
IRS990ScheduleD/TotalLiabilityAmt0423386736
IRS990ScheduleD/TotalRevenuePerForm990Amt021611039
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt021509483
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt017218419
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt07500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ANNUALLY 3 CREDIT UNION MEMBERS ACCEPTED AT AN ACCREDITED 2 OR 4 YEAR UNIVERSITY OR COLLEGE AS FULL-TIME FRESHMEN ARE AWARDED A $2,500 SCHOLARSHIP. THE SCHOLARSHIP IS AWARDED BASED UPON THE JUDGING OF THE STUDENT'S ACADEMIC ACHIEVEMENT, EXTRACURRICULAR ACTIVITIES, WORK EXPERIENCE AND A WRITTEN ESSAY. THE FUNDS ARE SUBMITTED DIRECTLY TO THE ACADEMIC INSTITUTION ON BEHALF OF THE STUDENT. NO FURTHER MONITORING OF THE AWARD IS DEEMED NECESSARY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt04135
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1270000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2171600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3140590
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount140500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount214100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount322400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt0360000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$475,467,935
Liabilities
$425,893,938
Net assets
$49,573,997
Revenue
$21,611,039
Expenses
$17,217,889
Net income
$4,393,150
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$511$458$52.5$24.9$21.9$2.94
2023Detailed filing. Detailed filing data is available for this year.$475$426$49.6$21.6$17.2$4.39
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$467$422$45.3$16.1$12.9$3.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$440$397$42.4$13.1$11.2$1.92
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$403$363$39.9$13.4$12.3$1.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$339$300$39.2$15.5$12.8$2.68
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$312$275$36.1$14.2$11.3$2.92
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$300$267$33.8$12.6$10.4$2.23
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$285$254$30.9$11.5$9.36$2.10
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$249$221$27.5$10.7$9.28$1.38
2014Detailed filing. Detailed filing data is available for this year.$233$206$26.5$10.3$9.29$1.02
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$227$202$25.6$10.2$8.14$2.07
2012Summary only. Only limited summary data is available for this year.$195$173$21.6$8.75$7.93$0.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$186$166$20.7$8.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$179$158$20.2$8.83