Civic Intelligence

DIV 819 Transit Employees Cu

990 • Fiscal year 2017 • EIN 22-1500095

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 27, 2018

186 Brookside AveIrvington, NJ 07111

(973) 373-2332

Siviq Scores

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

Liabilities / Assets

66th percentile

0.89x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

73rd percentile

24.27x

Higher debt load relative to revenue than 73% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Net Margin

76th percentile

13%

Higher net margin than 76% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

31st percentile

$60,842

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2017

Asset Growth

9th percentile

-5.2%

Faster asset growth than 9% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-14%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$18,697,151

Down $1,022,026 (-5.2%) from 2016

Net Assets

Up

$2,125,820

Up $20,562 (+1.0%) from 2016

Liabilities

Down

$16,571,331

Down $1,042,588 (-5.9%) from 2016

Revenue

Down

$682,874

Down $114,479 (-14%) from 2016

Expenses

Down

$593,588

Down $11,085 (-1.8%) from 2016

Net Income

Down

$89,286

Down $103,394 (-54%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $21,293,368Liabilities 2011: $18,930,128Net Assets 2011: $2,363,2402011Assets 2012: $22,473,998Liabilities 2012: $20,378,439Net Assets 2012: $2,095,5592012Assets 2013: $22,704,911Liabilities 2013: $21,158,198Net Assets 2013: $1,546,7132013Assets 2014: $20,490,971Liabilities 2014: $18,573,836Net Assets 2014: $1,917,1352014Assets 2015: $19,461,541Liabilities 2015: $17,544,049Net Assets 2015: $1,917,4922015Assets 2016: $19,719,177Liabilities 2016: $17,613,919Net Assets 2016: $2,105,2582016Assets 2017: $18,697,151Liabilities 2017: $16,571,331Net Assets 2017: $2,125,8202017Assets 2018: $16,596,663Liabilities 2018: $14,292,441Net Assets 2018: $2,304,2222018Assets 2019: $15,002,155Liabilities 2019: $12,486,369Net Assets 2019: $2,515,7862019Assets 2020: $19,131,237Liabilities 2020: $16,501,504Net Assets 2020: $2,629,7332020Assets 2021: $21,662,700Liabilities 2021: $18,972,750Net Assets 2021: $2,689,9502021Assets 2022: $17,627,058Liabilities 2022: $15,002,758Net Assets 2022: $2,624,3002022Assets 2023: $15,096,404Liabilities 2023: $12,447,315Net Assets 2023: $2,649,0892023Assets 2024: $14,941,004Liabilities 2024: $12,366,945Net Assets 2024: $2,574,0592024

Highlighted filing

2017

Assets$18,697,151
Liabilities$16,571,331
Net Assets$2,125,820

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,116,6512011Expenses 2012: $1,389,9732012Revenue 2013: $895,729Expenses 2013: $1,340,691Net Income 2013: -$444,9622013Revenue 2014: $997,567Expenses 2014: $643,536Net Income 2014: $354,0312014Revenue 2015: $767,487Expenses 2015: $787,649Net Income 2015: -$20,1622015Revenue 2016: $797,353Expenses 2016: $604,673Net Income 2016: $192,6802016Revenue 2017: $682,874Expenses 2017: $593,588Net Income 2017: $89,2862017Revenue 2018: $821,866Expenses 2018: $641,859Net Income 2018: $180,0072018Revenue 2019: $686,690Expenses 2019: $615,667Net Income 2019: $71,0232019Revenue 2020: $822,696Expenses 2020: $666,432Net Income 2020: $156,2642020Revenue 2021: $825,283Expenses 2021: $765,066Net Income 2021: $60,2172021Revenue 2022: $735,205Expenses 2022: $800,333Net Income 2022: -$65,1282022Revenue 2023: $770,133Expenses 2023: $745,344Net Income 2023: $24,7892023Revenue 2024: $837,776Expenses 2024: $912,806Net Income 2024: -$75,0302024

Highlighted filing

2017

Revenue$682,874
Expenses$593,588
Net Income$89,286
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 27, 2018
Return Version
2017v2.2
Gross Receipts
$682,874
Mission and Program Overview

Mission

To provide savings accounts and loans to New Jersey Transit Union Members and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$12,681,058$10,436,341▼ $2,244,717
Investments in Publicly Traded Securities$1,850,326$2,703,028▲ $852,702
Cash and Non-Interest-Bearing Accounts$325,763$185,690▼ $140,073
Land, Buildings, and Equipment, Net$8,913$6,954▼ $1,959
Prepaid Expenses and Deferred Charges$7,078$6,486▼ $592
Total Assets$19,719,177$18,697,151▼ $1,022,026
Other Assets Total$4,846,039$5,358,652▲ $512,613
Liabilities
Other Liabilities$17,398,547$16,354,966▼ $1,043,581
Accounts Payable and Accrued Expenses$215,372$216,365▲ $993
Total Liabilities$17,613,919$16,571,331▼ $1,042,588
Net Assets / Fund Balance
Unrestricted Net Assets$1,967,159$1,987,721▲ $20,562
Permanently Rstr Net Assets$138,099$138,099→ $0
Total Net Assets Fund Balance$2,105,258$2,125,820▲ $20,562
Total Liabilities and Net Assets / Fund Balance$19,719,177$18,697,151▼ $1,022,026

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,954$36,791$43,745
Other Assets Org$49,173--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shirley KingManagerFT$60,842$60,842
Gloria RiveraAssistant ManagerFT$37,414$37,414
Alexandria BurroughsTellerFT$34,751$34,751
Orlando RileyChairman-$27,300$27,300
Clarise TabronFinancial SecretaryPT$15,000$15,000
Veronica CobbDirector-$5,760$5,760
Darrell LampleyDirector-$5,400$5,400
Jermaine BatemonDirector-$5,400$5,400
Sakinah LigonDirector-$5,400$5,400
Kenytta JohnsonDirector-$3,600$3,600
Thomas StocksDirector-$1,800$1,800
Sam IdlettDirector-$1,407$1,407
Lysandra MimyDirector-$1,005$1,005
Lakisha EwellSupervisory Comm-$804$804
Francis AlexanderDirector-$402$402
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$479,040
Investment Income
$203,834
Other Revenue
$0
Change in Net Assets
$89,286
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$366,001
Salaries, Compensation, and Employee Benefits$227,587
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$206,285--$206,285
Interest$159,729--$159,729
Fees for Service Investment Mgmnt Fees$52,533--$52,533
Office Expenses$42,432--$42,432
Insurance$33,529--$33,529
Fees for Services Accounting$28,698--$28,698
Occupancy$21,333--$21,333
Information Technology$19,329--$19,329
Payroll Taxes$19,264--$19,264
Other Expenses$3,572--$3,572
Pension Plan Contributions$2,038--$2,038
Depreciation Depletion$1,959--$1,959
Conferences and Meetings$1,412--$1,412
Advertising$900--$900
Fees for Services Legal$575--$575
Total Functional Expenses$593,588$0$0$593,588
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member share deposits$16,354,966
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

New Jersey Transit Union Members are eligible to join the credit union. Upon joining each member is eligible to be nominated as a director and obtains voting rights to nominate and elect members to the board of directors.

Member election for additional members Part VI line 7A

Each April there is a full membership meeting. The annual meeting also serves as an election for seats to the Board of Directors. Every credit union member can be nominated and run or nominate another member for the Board of Directors.

Form 990 governing body review Part VI line 11

Form 990 is presented to officers for review, approval and acceptance.

Governing documents etc available to public Part VI line 19

All governing documents, policies and financial statements are available for inspection upon request at the entities offices.

Filing and Contact Details

Filer

Filer Name
Div 819 Transit Employees CU
EIN
22-1500095
Address
186 Brookside Ave, Irvington, NJ 07111

Signing Officer

Name
Shirley King
Title
Manger
Phone
9733732332
Signed
2018-10-27
Discuss with paid preparer
Yes

Organization Details

Formed
1945
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
0
Employees
15

Preparer

Firm
Robert Breining
Address
18 Quail Hollow Drive, Oak Island, NC 28465
Preparer
Robert Breining
Phone
2016935977
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IRS990/NetUnrlzdGainsLossesInvstAmt0-68724
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt021333
IRS990/OccupancyGrp/TotalAmt021333
IRS990/OfficeExpensesGrp/ProgramServicesAmt042432
IRS990/OfficeExpensesGrp/TotalAmt042432
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04846039
IRS990/OtherAssetsTotalGrp/EOYAmt05358652
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Collection expense
IRS990/OtherExpensesGrp/ProgramServicesAmt03572
IRS990/OtherExpensesGrp/TotalAmt03572
IRS990/OtherLiabilitiesGrp/BOYAmt017398547
IRS990/OtherLiabilitiesGrp/EOYAmt016354966
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt019264
IRS990/PayrollTaxesGrp/TotalAmt019264
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02038
IRS990/PensionPlanContributionsGrp/TotalAmt02038
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0138099
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0138099
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07078
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06486
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0Interest on loans
IRS990/ProgramServiceRevenueGrp/Desc1Processing fee income
IRS990/ProgramServiceRevenueGrp/Desc2CDI insur commission
IRS990/ProgramServiceRevenueGrp/Desc3Loan loss recovery
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0614186
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13920
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23086
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3-142152
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0614186
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13920
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-142152
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0103391
IRS990/PYOtherExpensesAmt0378965
IRS990/PYProgramServiceRevenueAmt0693962
IRS990/PYRevenuesLessExpensesAmt0192680
IRS990/PYSalariesCompEmpBnftPaidAmt0225708
IRS990/PYTotalExpensesAmt0604673
IRS990/PYTotalRevenueAmt0797353
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt089286
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0682874
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012681058
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010436341
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt06954
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036791
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043745
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05141952
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1167527
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt249173
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Member loans receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NCUSIF Captial
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Accrued interest income
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016354966
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member share deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06954
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05358652
IRS990ScheduleD/TotalLiabilityAmt016354966
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt01800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1402
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt21407
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Thomas Stocks
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Francis Alexander
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Sam Idlett
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt01800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1402
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt21407
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0New Jersey Transit Union Members are eligible to join the credit union. Upon joining each member is eligible to be nominated as a director and obtains voting rights to nominate and elect members to the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each April there is a full membership meeting. The annual meeting also serves as an election for seats to the Board of Directors. Every credit union member can be nominated and run or nominate another member for the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is presented to officers for review, approval and acceptance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All governing documents, policies and financial statements are available for inspection upon request at the entities offices.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt019719177
IRS990/TotalAssetsEOYAmt018697151
IRS990/TotalAssetsGrp/BOYAmt019719177
IRS990/TotalAssetsGrp/EOYAmt018697151
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0593588
IRS990/TotalFunctionalExpensesGrp/TotalAmt0593588
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017613919
IRS990/TotalLiabilitiesEOYAmt016571331
IRS990/TotalLiabilitiesGrp/BOYAmt017613919
IRS990/TotalLiabilitiesGrp/EOYAmt016571331
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02105258
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02125820
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0593588
IRS990/TotalProgramServiceRevenueAmt0479040
IRS990/TotalReportableCompFromOrgAmt0206285
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0682874
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0682874
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt019719177
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018697151
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01967159
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01987721
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Shirley King
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Manger
ReturnHeader/BusinessOfficerGrp/PhoneNum09733732332
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Div 819 Transit Employees CU
ReturnHeader/Filer/BusinessNameControlTxt0DIV8

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$12.4$2.57$0.84$0.91$0.08
2023Detailed filing. Detailed filing data is available for this year.$15.1$12.4$2.65$0.77$0.75$0.02
2022Detailed filing. Detailed filing data is available for this year.$17.6$15.0$2.62$0.74$0.80$0.07
2021Detailed filing. Detailed filing data is available for this year.$21.7$19.0$2.69$0.83$0.77$0.06
2020Detailed filing. Detailed filing data is available for this year.$19.1$16.5$2.63$0.82$0.67$0.16
2019Detailed filing. Detailed filing data is available for this year.$15.0$12.5$2.52$0.69$0.62$0.07
2018Detailed filing. Detailed filing data is available for this year.$16.6$14.3$2.30$0.82$0.64$0.18
2017Detailed filing. Detailed filing data is available for this year.$18.7$16.6$2.13$0.68$0.59$0.09
2016Detailed filing. Detailed filing data is available for this year.$19.7$17.6$2.11$0.80$0.60$0.19
2015Detailed filing. Detailed filing data is available for this year.$19.5$17.5$1.92$0.77$0.79$0.02
2014Detailed filing. Detailed filing data is available for this year.$20.5$18.6$1.92$1.00$0.64$0.35
2013Detailed filing. Detailed filing data is available for this year.$22.7$21.2$1.55$0.90$1.34$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.5$20.4$2.10$1.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.3$18.9$2.36$1.12