Civic Intelligence

National Federation of Community Development Credit Unions Inc

990 • Fiscal year 2013 • EIN 11-2421972

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

Organization ProfileWWW.CDCU.COOP

View Organization Page

39 Broadway No 2140New York, NY 10006

(212) 809-1850

Siviq Scores

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

Liabilities / Assets

78th percentile

0.64x

Higher debt load relative to assets than 78% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

94th percentile

4.55x

Higher debt load relative to revenue than 94% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Net Margin

38th percentile

1.0%

Higher net margin than 38% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

42nd percentile

$203,330

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Asset Growth

6th percentile

-11%

Faster asset growth than 6% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

12th percentile

-17%

Faster revenue growth than 12% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2011 to 2013

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$25,576,578

Down $3,264,718 (-11%) from 2012

Net Assets

Down

$9,239,240

Down $67,066 (-0.7%) from 2012

Liabilities

Down

$16,337,338

Down $3,197,652 (-16%) from 2012

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin38th percentile

Revenue

$3,589,703

No earlier filing loaded for comparison.

Expenses

Down

$3,555,175

Down $1,565,538 (-31%) from 2012

Net Income

$34,528

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$2.0B$1.5B$1.0B$500M$0Assets 2010: $24,812,191Liabilities 2010: $16,804,478Net Assets 2010: $8,007,7132010Assets 2011: $26,788,397Liabilities 2011: $17,888,984Net Assets 2011: $8,899,4132011Assets 2012: $28,841,296Liabilities 2012: $19,534,990Net Assets 2012: $9,306,3062012Assets 2013: $25,576,578Liabilities 2013: $16,337,338Net Assets 2013: $9,239,2402013Assets 2014: $25,681,027Liabilities 2014: $16,390,795Net Assets 2014: $9,290,2322014Assets 2015: $25,968,912Liabilities 2015: $16,534,621Net Assets 2015: $9,434,2912015Assets 2016: $28,121,450Liabilities 2016: $18,241,608Net Assets 2016: $9,879,8422016Assets 2017: $33,990,376Liabilities 2017: $19,723,980Net Assets 2017: $14,266,3962017Assets 2018: $39,404,925Liabilities 2018: $25,625,706Net Assets 2018: $13,779,2192018Assets 2019: $45,172,640Liabilities 2019: $25,833,499Net Assets 2019: $19,339,1412019Assets 2020: $51,995,198Liabilities 2020: $30,077,253Net Assets 2020: $21,917,9452020Assets 2021: $81,962,812Liabilities 2021: $56,199,262Net Assets 2021: $25,763,5502021Assets 2022: $97,622,121Liabilities 2022: $67,675,316Net Assets 2022: $29,946,8052022Assets 2023: $72,784,355Liabilities 2023: $47,236,707Net Assets 2023: $25,547,6482023Assets 2024: $1,960,631,669Liabilities 2024: $52,094,778Net Assets 2024: $1,908,536,8912024

Highlighted filing

2013

Assets$25,576,578
Liabilities$16,337,338
Net Assets$9,239,240
Open 2013 Filing

Operations Trend

Revenue Growth12th percentile

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

$2.0B$1.5B$1.0B$500M$0-$500MRevenue 2010: $4,464,443Expenses 2010: $4,142,088Net Income 2010: $322,3552010Revenue 2011: $5,192,411Expenses 2011: $4,300,711Net Income 2011: $891,7002011Expenses 2012: $5,120,7132012Revenue 2013: $3,589,703Expenses 2013: $3,555,175Net Income 2013: $34,5282013Revenue 2014: $3,537,484Expenses 2014: $3,486,492Net Income 2014: $50,9922014Revenue 2015: $4,102,946Expenses 2015: $3,958,887Net Income 2015: $144,0592015Revenue 2016: $4,082,542Expenses 2016: $3,636,991Net Income 2016: $445,5512016Revenue 2017: $5,548,606Expenses 2017: $4,388,916Net Income 2017: $1,159,6902017Revenue 2018: $4,725,698Expenses 2018: $5,183,050Net Income 2018: -$457,3522018Revenue 2019: $7,029,049Expenses 2019: $5,635,794Net Income 2019: $1,393,2552019Revenue 2020: $8,231,612Expenses 2020: $6,486,141Net Income 2020: $1,745,4712020Revenue 2021: $11,675,064Expenses 2021: $7,829,459Net Income 2021: $3,845,6052021Revenue 2022: $12,847,743Expenses 2022: $8,604,317Net Income 2022: $4,243,4262022Revenue 2023: $11,935,667Expenses 2023: $10,119,825Net Income 2023: $1,815,8422023Revenue 2024: $1,897,878,390Expenses 2024: $14,997,310Net Income 2024: $1,882,881,0802024

Highlighted filing

2013

Revenue$3,589,703
Expenses$3,555,175
Net Income$34,528
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 13, 2014
Return Version
2013v3.0
Gross Receipts
$3,589,703
Mission and Program Overview

Mission

The mission of the national federation of community development credit unions is to help low- and moderate-income people and communities achieve financial independence through credit unions.

To develope and support low and moderate income communities through credit unions. To provide that support in the form of low interest loans, financial products, innovative programs and technical assistance. The federation's cdc mortgage center llc purchases mortgages on the secondary market from members to provide new capital for additional mortgage lending.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$13,901,331$13,152,313▼ $749,018
Cash and Non-Interest-Bearing Accounts$10,714,326$10,173,179▼ $541,147
Savings and Temporary Cash Investments$3,096,646$1,525,563▼ $1,571,083
Pledges and Grants Receivable$797,042$374,414▼ $422,628
Land, Buildings, and Equipment, Net$205,655$175,854▼ $29,801
Prepaid Expenses and Deferred Charges$61,140$55,478▼ $5,662
Total Assets$28,841,296$25,576,578▼ $3,264,718
Other Assets Total$65,156$119,777▲ $54,621
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,855,000$12,206,784▼ $1,648,216
Other Liabilities$3,971,844$3,275,000▼ $696,844
Deferred Revenue$1,042,500$571,052▼ $471,448
Accounts Payable and Accrued Expenses$665,646$284,502▼ $381,144
Total Liabilities$19,534,990$16,337,338▼ $3,197,652
Net Assets / Fund Balance
Unrestricted Net Assets$5,280,784$6,285,434▲ $1,004,650
Temporarily Rstr Net Assets$4,025,522$2,953,806▼ $1,071,716
Total Net Assets Fund Balance$9,306,306$9,239,240▼ $67,066
Total Liabilities and Net Assets / Fund Balance$28,841,296$25,576,578▼ $3,264,718

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$159,590$423,927$583,517
Equipment$16,264$5,316$21,580
Investment Program Related Org$4,198,766--
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cathleen MahonPresident/CEOFT$185,000$18,330$203,330
Pamela OwensVice PresidentFT$98,186$18,792$116,978
Pablo DefilippiVice PresidentFT$89,072$19,880$108,952
Eben SheafferCFO/CIO - Effective 8/5/13FT$48,414$983$49,397

Board Members and Trustees

NameTitle
Devanira Del RioChairperson
Shirley SpruillVice Chairperson
Brenda DominguezDirector
Gregg BrownDirector
Jack LawsonDirector
Lynda MiltonDirector
Pamelia MurphyDirector
Paul GrindeDirector
Paul PhilipsDirector
Robin RomanoDirector
Sharon SaultersDirector
Sheliah MontgomeryDirector
Edgar CosnerCorresponding Secretary
Mignhon TourneRecording Secretary
Michael a ChanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,751,066
Program Service Revenue
$1,792,690
Investment Income
$45,947
Other Revenue
$0
All Other Contributions
$1,358,652
Change in Net Assets
$34,528

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,589,703
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,589,703
Total Revenue per Form 990
$3,589,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,414,555
Other Expenses$1,270,063
Grants and Similar Amounts Paid$870,557
Total Fundraising Expense$93,155
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$870,557--$870,557
Other Salaries and Wages$454,639$169,603$20,636$644,878
Current Officers, Directors, Trustees, and Key Employees$359,428$134,085$16,314$509,827
Interest$370,005--$370,005
Travel$144,808$54,021$6,573$205,402
Occupancy$143,497$53,532$6,513$203,542
Other Employee Benefits$100,274$37,977$4,810$143,061
Conferences and Meetings$86,140$32,135$3,910$122,185
Payroll Taxes$61,595$22,555$2,603$86,753
Fees for Services Accounting-$59,013-$59,013
Office Expenses$34,421$12,841$1,562$48,824
Depreciation Depletion$22,471$8,383$1,020$31,874
Pension Plan Contributions$21,325$7,809$902$30,036
Other Expenses$21,013$7,839$953$29,805
Insurance$15,176$5,661$689$21,526
Fees for Services Legal-$13,469-$13,469
All Other Expenses$-556,013$15,128$1,840$-539,045
Total Functional Expenses$2,696,378$765,642$93,155$3,555,175

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,555,175
Total Expenses per Audited Statements$3,555,175
Total Expenses per Form 990$3,555,175
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
20-3360802--Hud Grant$157,143
94-3098928--Hud Grant$84,000
43-0616804--Hud Grant$62,667
34-2324773--Hud Grant$53,333
31-1224054--Hud Grant$53,063
26-1410513--Hud Grant$37,246
38-0855535--Hud Grant$35,500
74-1245535--Hud Grant$30,000
30-0181693--Hud Grant$25,000
22-2237859--Hud Grant$22,672
03-0321712--Hud Grant$22,328
06-1707639--Hud Grant$19,000
22-2561525--Hud Grant$14,000
23-7362277--Hud Grant$13,026
22-2395897--Hud Grant$12,318
58-6035220--Hud Grant$10,000
86-0098932--Hud Grant$5,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits and Advances Payable$3,275,000
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
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 B, Line 11

“Copy provided to each board member for review prior to issuance.”

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

“Reviews any reported conflicts.”

Form 990, Part VI, Section B, Line 15A

“Compensation determinded by board committee in conjunction with independent compensation and surveys.”

Form 990, Part VI, Section C, Line 19

“All policies made available upon request.”

Filing and Contact Details

Filer

EIN
11-2421972
Phone
2128091850

Signing Officer

Name
Eben Sheaffer
Title
CFO/CIO
Phone
2128091850
Signed
2014-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eben Sheaffer
Formed
1974
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
28
Volunteers
0

Preparer

Preparer
Judith Soro CPA
Phone
5184771102
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Service fees : program service expenses 15,766. Management and general expenses 5,881. Fundraising expenses 716. Total expenses 22,363. Postage & printing : program service expenses 12,463. Management and general expenses 4,650. Fundraising expenses 565. Total expenses 17,678. Equipment lease and maintenance : program service expenses 12,323. Management and general expenses 4,597. Fundraising expenses 559. Total expenses 17,479. Provision for loan loss : program service expenses -596,565. Management and general expenses 0. Fundraising expenses 0. Total expenses -596,565.”

Raw XML AppendixShowing 400 of 823 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/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1548414
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1698186
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1789072
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18185000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt3CORRESPONDING SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7RECORDING SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CFO/CIO - EFFECTIVE 8/5/13
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT/CEO
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt0870557
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03589703
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
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IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt0689
IRS990/InsuranceGrp/ManagementAndGeneralAmt05661
IRS990/InsuranceGrp/ProgramServicesAmt015176
IRS990/InsuranceGrp/TotalAmt021526
IRS990/InterestGrp/ProgramServicesAmt0370005
IRS990/InterestGrp/TotalAmt0370005
IRS990/InvestmentIncomeGrp/ExclusionAmt045947
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt045947
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt013901331
IRS990/InvestmentsProgramRelatedGrp/EOYAmt013152313
IRS990/IRPDocumentCnt031
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0429243
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0205655
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0175854
IRS990/LandBldgEquipCostOrOtherBssAmt0605097
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WORK TO STRENGTHEN AND SUPPORT CREDIT UNIONS THAT SERVE LOW-INCOME COMMUNITIES. PROVIDE SUPPORT IN THE FORM OF LOW INTEREST LOANS AND FINANCIAL PRODUCTS AND TECHNICAL ASSISTANCE. PURCHASE MORTGAGES FROM MEMBERS TO PROVIDE NEW CAPITAL FOR ADDITIONAL MORTGAGES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt013855000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt012206784
IRS990/NetAssetsOrFundBalancesBOYAmt09306306
IRS990/NetAssetsOrFundBalancesEOYAmt09239240
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt06513
IRS990/OccupancyGrp/ManagementAndGeneralAmt053532
IRS990/OccupancyGrp/ProgramServicesAmt0143497
IRS990/OccupancyGrp/TotalAmt0203542
IRS990/OfficeExpensesGrp/FundraisingAmt01562
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012841
IRS990/OfficeExpensesGrp/ProgramServicesAmt034421
IRS990/OfficeExpensesGrp/TotalAmt048824
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt065156
IRS990/OtherAssetsTotalGrp/EOYAmt0119777
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04810
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt037977
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0100274
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0143061
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1CONSULTING/PROFESSIONAL
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/FundraisingAmt023812
IRS990/OtherExpensesGrp/FundraisingAmt11018
IRS990/OtherExpensesGrp/FundraisingAmt2953
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0123222
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18369
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27839
IRS990/OtherExpensesGrp/ProgramServicesAmt0461254
IRS990/OtherExpensesGrp/ProgramServicesAmt163353
IRS990/OtherExpensesGrp/ProgramServicesAmt222435
IRS990/OtherExpensesGrp/ProgramServicesAmt321013
IRS990/OtherExpensesGrp/TotalAmt0461254
IRS990/OtherExpensesGrp/TotalAmt1210387
IRS990/OtherExpensesGrp/TotalAmt231822
IRS990/OtherExpensesGrp/TotalAmt329805
IRS990/OtherLiabilitiesGrp/BOYAmt03971844
IRS990/OtherLiabilitiesGrp/EOYAmt03275000
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt020636
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0169603
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0454639
IRS990/OtherSalariesAndWagesGrp/TotalAmt0644878
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02603
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt022555
IRS990/PayrollTaxesGrp/ProgramServicesAmt061595
IRS990/PayrollTaxesGrp/TotalAmt086753
IRS990/PensionPlanContributionsGrp/FundraisingAmt0902
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07809
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt021325
IRS990/PensionPlanContributionsGrp/TotalAmt030036
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0797042
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0374414
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt061140
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt055478
IRS990/PrincipalOfficerNm0EBEN SHEAFFER
IRS990/PriorPeriodAdjustmentsAmt0-101594
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/BusinessCd4522100
IRS990/ProgramServiceRevenueGrp/Desc0CDI PROGRAM INTEREST I
IRS990/ProgramServiceRevenueGrp/Desc1CONTRACT SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES AND SE
IRS990/ProgramServiceRevenueGrp/Desc3MEETING AND CONFERENCE
IRS990/ProgramServiceRevenueGrp/Desc4PUBLICATIONS AND OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0729853
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1474036
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2414512
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3173987
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4302
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0729853
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1474036
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2414512
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3173987
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4302
IRS990/ProgSrvcAccomActy2Grp/Desc0CDCU MORTGAGE CENTER LLC IS A WHOLLY OWNED SUBSIDIARY ESTABLISHED TO PURCHASE AFFORDABLE MORTGAGES FROM MEMBER CREDIT UNIONS, ENABLING THEM TO RECYCLE THEIR CAPITAL, MANAGE THEIR BALANCE SHEETS, AND MAKE NEW LOANS. THIS PROGRAM PURCHASES MORTGAGES THAT ARE NOT READILY SALEABLE TO THE MAJOR SECONDARY MARKETS, AND ALSO PROVIDES MEMBERS WITH TRAINING, TECHNICAL ASSISTANCE, AND ACCESS TO "TURNKEY" MORTGAGE LENDING SOLUTIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0730995
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0392414
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0500600
IRS990/ProgSrvcAccomActy3Grp/Desc0THE FEDERATION'S MAJOR PROGRAMS PROVIDE UNIQUE OPPORTUNITIES FOR INNOVATION, INVESTMENT AND CAPACITY BUILDING FOR CREDIT UNIONS SERVING LOW AND MODERATE INCOME COMMUNITIES. CONSULTING SERVICES AND TECHNICAL ASSISTANCE VIA TRAININGS, WEBINARS AND PROCTICAL TOOLS ARE USED TO SUPPORT COMMUNITY DEVELOPMENT CREDIT UNIONS AT ALL STAGES OF DEVELOPMENT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0939544
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0473643
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0694374
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER FEDERATION PROGRAMS PROVIDE CAPITAL ADVOCACY AND A BROAD RANGE OF ONSITE SERVICES INCLUDING BUT LIMITED TO PRODUCT DESIGN, STATEGIC BUSINESS PLANNING, AND GRANT WRITING.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0647171
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt04500
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0123680
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03471706
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01298867
IRS990/PYInvestmentIncomeAmt0135411
IRS990/PYOtherExpensesAmt02444317
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01920489
IRS990/PYRevenuesLessExpensesAmt0406893
IRS990/PYSalariesCompEmpBnftPaidAmt01377529
IRS990/PYTotalExpensesAmt05120713
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05527606
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt034528
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0474036
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03096646
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01525563

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$25,576,578
Liabilities
$16,337,338
Net assets
$9,239,240
Revenue
$3,589,703
Expenses
$3,555,175
Net income
$34,528
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,961$52.1$1,909$1,898$15.0$1,883
2023Detailed filing. Detailed filing data is available for this year.$72.8$47.2$25.5$11.9$10.1$1.82
2022Detailed filing. Detailed filing data is available for this year.$97.6$67.7$29.9$12.8$8.60$4.24
2021Detailed filing. Detailed filing data is available for this year.$82.0$56.2$25.8$11.7$7.83$3.85
2020Detailed filing. Detailed filing data is available for this year.$52.0$30.1$21.9$8.23$6.49$1.75
2019Detailed filing. Detailed filing data is available for this year.$45.2$25.8$19.3$7.03$5.64$1.39
2018Detailed filing. Detailed filing data is available for this year.$39.4$25.6$13.8$4.73$5.18$0.46
2017Detailed filing. Detailed filing data is available for this year.$34.0$19.7$14.3$5.55$4.39$1.16
2016Detailed filing. Detailed filing data is available for this year.$28.1$18.2$9.88$4.08$3.64$0.45
2015Detailed filing. Detailed filing data is available for this year.$26.0$16.5$9.43$4.10$3.96$0.14
2014Detailed filing. Detailed filing data is available for this year.$25.7$16.4$9.29$3.54$3.49$0.05
2013Detailed filing. Detailed filing data is available for this year.$25.6$16.3$9.24$3.59$3.56$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$19.5$9.31$5.12
2011Summary only. Only limited summary data is available for this year.$26.8$17.9$8.90$5.19$4.30$0.89
2010Summary only. Only limited summary data is available for this year.$24.8$16.8$8.01$4.46$4.14$0.32
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $25M-$50M nonprofits