Civic Intelligence

DIV 819 Transit Employees Cu

990 • Fiscal year 2019 • EIN 22-1500095

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 08, 2020

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

34th percentile

0.83x

Higher debt load relative to assets than 34% of similar nonprofits.

2019 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

18.18x

Higher debt load relative to revenue than 57% of similar nonprofits.

2019 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2019

Net Margin

47th percentile

10%

Higher net margin than 47% of similar nonprofits.

2019 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

31st percentile

$63,497

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2019 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2019

Asset Growth

3rd percentile

-9.6%

Faster asset growth than 3% of similar nonprofits.

2019 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-16%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$15,002,155

Down $1,594,508 (-9.6%) from 2018

Net Assets

Up

$2,515,786

Up $211,564 (+9.2%) from 2018

Liabilities

Down

$12,486,369

Down $1,806,072 (-13%) from 2018

Revenue

Down

$686,690

Down $135,176 (-16%) from 2018

Expenses

Down

$615,667

Down $26,192 (-4.1%) from 2018

Net Income

Down

$71,023

Down $108,984 (-61%) from 2018

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

2019

Assets$15,002,155
Liabilities$12,486,369
Net Assets$2,515,786

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

2019

Revenue$686,690
Expenses$615,667
Net Income$71,023
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 8, 2020
Return Version
2019v5.1
Gross Receipts
$686,690
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$8,902,672$7,041,068▼ $1,861,604
Investments in Publicly Traded Securities$1,897,359$1,038,582▼ $858,777
Cash and Non-Interest-Bearing Accounts$305,530$256,680▼ $48,850
Prepaid Expenses and Deferred Charges$7,625$6,618▼ $1,007
Land, Buildings, and Equipment, Net$6,749$6,544▼ $205
Total Assets$16,596,663$15,002,155▼ $1,594,508
Other Assets Total$5,476,728$6,652,663▲ $1,175,935
Liabilities
Other Liabilities$14,180,053$12,377,251▼ $1,802,802
Accounts Payable and Accrued Expenses$112,388$109,118▼ $3,270
Total Liabilities$14,292,441$12,486,369▼ $1,806,072
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,166,123$2,377,687▲ $211,564
Net Assets With Donor Restrictions$138,099$138,099→ $0
Total Net Assets Fund Balance$2,304,222$2,515,786▲ $211,564
Total Liabilities and Net Assets / Fund Balance$16,596,663$15,002,155▼ $1,594,508

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,544$37,201$43,745
Other Assets Org$43,238--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shirley KingManagerFT$63,497$63,497
Gloria RiveraAssistant ManagerFT$47,080$47,080
Alexandria BurroughsTellerFT$38,536$38,536
Orlando RileyChairman-$16,500$16,500
Clarise TabronFinancial SecretaryPT$8,400$8,400
Veronica CobbDirector-$5,760$5,760
Darrell LampleyDirector-$5,400$5,400
Kenytta JohnsonDirector-$5,400$5,400
Jermaine BatemonDirector-$4,950$4,950
Sakinah LigonDirector-$4,950$4,950
Lysandra MimyDirector-$1,206$1,206
Darina WashingtonDirector-$1,005$1,005
Lakisha EwellSupervisory Comm-$402$402
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$527,809
Investment Income
$158,881
Other Revenue
$0
Change in Net Assets
$71,023
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$390,626
Salaries, Compensation, and Employee Benefits$225,041
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$203,086--$203,086
Interest$182,968--$182,968
Office Expenses$48,888--$48,888
Insurance$40,108--$40,108
Fees for Service Investment Mgmnt Fees$37,697--$37,697
Fees for Services Accounting$31,774--$31,774
Occupancy$21,596--$21,596
Information Technology$19,641--$19,641
Payroll Taxes$17,903--$17,903
Other Expenses$6,839--$6,839
Pension Plan Contributions$4,052--$4,052
Advertising$435--$435
Conferences and Meetings$284--$284
Depreciation Depletion$205--$205
Fees for Services Legal$191--$191
Total Functional Expenses$615,667$0$0$615,667
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$12,377,251
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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
2020-11-08
Discuss with paid preparer
Yes

Organization Details

Formed
1945
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
0
Employees
13

Preparer

Firm
Robert Breining CPA
Address
18 Quail Hollow Dr, Oak Island, NC 28465
Preparer
Robert Breining
Phone
2016935977
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IRS990/OtherLiabilitiesGrp/BOYAmt014180053
IRS990/OtherLiabilitiesGrp/EOYAmt012377251
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt017903
IRS990/PayrollTaxesGrp/TotalAmt017903
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04052
IRS990/PensionPlanContributionsGrp/TotalAmt04052
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07625
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06618
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/BusinessCd4522100
IRS990/ProgramServiceRevenueGrp/Desc0Interest on loans
IRS990/ProgramServiceRevenueGrp/Desc1Processing fee income
IRS990/ProgramServiceRevenueGrp/Desc2CDI insur commission
IRS990/ProgramServiceRevenueGrp/Desc3Loan loss recovery
IRS990/ProgramServiceRevenueGrp/Desc4Stabilization Recovery
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0641916
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14724
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23539
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3-125535
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt43165
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0641916
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14724
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23539
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-125535
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43165
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0181739
IRS990/PYOtherExpensesAmt0402194
IRS990/PYProgramServiceRevenueAmt0640127
IRS990/PYRevenuesLessExpensesAmt0180007
IRS990/PYSalariesCompEmpBnftPaidAmt0239665
IRS990/PYTotalExpensesAmt0641859
IRS990/PYTotalRevenueAmt0821866
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt071023
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0686690
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08902672
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07041068
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt06544
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037201
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043745
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06470771
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1138654
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt243238
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Member loans receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NCUSIF Captial
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Accrued interest income
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012377251
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member share deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06544
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06652663
IRS990ScheduleD/TotalLiabilityAmt012377251
IRS990/ScheduleJRequiredInd0false
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt016596663
IRS990/TotalAssetsEOYAmt015002155
IRS990/TotalAssetsGrp/BOYAmt016596663
IRS990/TotalAssetsGrp/EOYAmt015002155
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0615667
IRS990/TotalFunctionalExpensesGrp/TotalAmt0615667
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014292441
IRS990/TotalLiabilitiesEOYAmt012486369
IRS990/TotalLiabilitiesGrp/BOYAmt014292441
IRS990/TotalLiabilitiesGrp/EOYAmt012486369
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02304222
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02515786
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0615667
IRS990/TotalProgramServiceRevenueAmt0527809
IRS990/TotalReportableCompFromOrgAmt0203086
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0686690
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0686690
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt016596663
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015002155
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Shirley King
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Manger
ReturnHeader/BusinessOfficerGrp/PhoneNum09733732332
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Div 819 Transit Employees CU
ReturnHeader/Filer/BusinessNameControlTxt0DIV8
ReturnHeader/Filer/EIN0221500095
ReturnHeader/Filer/USAddress/AddressLine1Txt0186 Brookside Ave
ReturnHeader/Filer/USAddress/CityNm0Irvington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007111
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId090501D3EF2F7EBABAD5F0ED24E89242A4F4C6EA0
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId090501D3EF2F7EBABAD5F0ED24E89242A4F4C6EA0
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId06101042020318evposl0
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-11-13
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.68.135.56
ReturnHeader/FilingSecurityInformation/IPDt02020-11-13
ReturnHeader/FilingSecurityInformation/IPTm010:17:02
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223356591
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Robert Breining CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018 Quail Hollow Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Oak Island
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028465
ReturnHeader/PreparerPersonGrp/PhoneNum02016935977
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert Breining

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