Civic Intelligence

Lehigh Valley Educators Credit Union

990 • Fiscal year 2012 • EIN 23-0338105

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 08, 2013

Organization ProfileWWW.LVECU.ORG

View Organization Page

3720 Hamilton Blvd18103
Siviq Scores

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

Liabilities / Assets

10th percentile

0.84x

Higher debt load relative to assets than 10% of similar nonprofits.

2012 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

47th percentile

5.4%

Faster asset growth than 47% of similar nonprofits.

2012 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets10th percentile

Assets

Up

$290,138,514

Up $14,852,144 (+5.4%) from 2011

Net Assets

Up

$47,627,457

Up $3,368,414 (+7.6%) from 2011

Liabilities

Up

$242,511,057

Up $11,483,730 (+5.0%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$6,388,784

Down $671,492 (-9.5%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$600M$400M$200M$0Assets 2010: $263,273,587Liabilities 2010: $222,329,772Net Assets 2010: $40,943,8152010Assets 2011: $275,286,370Liabilities 2011: $231,027,327Net Assets 2011: $44,259,0432011Assets 2012: $290,138,514Liabilities 2012: $242,511,057Net Assets 2012: $47,627,4572012Assets 2013: $290,624,992Liabilities 2013: $243,914,692Net Assets 2013: $46,710,3002013Assets 2014: $294,982,131Liabilities 2014: $246,503,839Net Assets 2014: $48,478,2922014Assets 2015: $303,459,698Liabilities 2015: $254,000,207Net Assets 2015: $49,459,4912015Assets 2016: $312,575,571Liabilities 2016: $263,067,463Net Assets 2016: $49,508,1082016Assets 2017: $312,635,473Liabilities 2017: $261,521,312Net Assets 2017: $51,114,1612017Assets 2018: $311,640,748Liabilities 2018: $260,162,633Net Assets 2018: $51,478,1152018Assets 2019: $324,277,675Liabilities 2019: $267,636,999Net Assets 2019: $56,640,6762019Assets 2020: $377,145,467Liabilities 2020: $316,519,400Net Assets 2020: $60,626,0672020Assets 2021: $408,699,262Liabilities 2021: $349,447,989Net Assets 2021: $59,251,2732021Assets 2022: $400,823,762Liabilities 2022: $361,411,200Net Assets 2022: $39,412,5622022Assets 2023: $412,042,275Liabilities 2023: $364,897,568Net Assets 2023: $47,144,7072023Assets 2024: $437,645,185Liabilities 2024: $385,983,071Net Assets 2024: $51,662,1142024

Highlighted filing

2012

Assets$290,138,514
Liabilities$242,511,057
Net Assets$47,627,457
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20M$15M$10M$5.0M$0Expenses 2010: $7,906,1002010Revenue 2011: $9,356,846Expenses 2011: $7,060,276Net Income 2011: $2,296,5702011Expenses 2012: $6,388,7842012Revenue 2013: $7,938,226Expenses 2013: $6,262,723Net Income 2013: $1,675,5032013Revenue 2014: $7,887,540Expenses 2014: $6,184,136Net Income 2014: $1,703,4042014Revenue 2015: $8,016,113Expenses 2015: $5,909,174Net Income 2015: $2,106,9392015Revenue 2016: $8,456,325Expenses 2016: $6,401,640Net Income 2016: $2,054,6852016Revenue 2017: $9,156,917Expenses 2017: $7,080,322Net Income 2017: $2,076,5952017Revenue 2018: $10,272,832Expenses 2018: $7,723,048Net Income 2018: $2,549,7842018Revenue 2019: $11,097,482Expenses 2019: $8,617,059Net Income 2019: $2,480,4232019Revenue 2020: $10,263,879Expenses 2020: $8,084,715Net Income 2020: $2,179,1642020Revenue 2021: $9,686,113Expenses 2021: $7,367,598Net Income 2021: $2,318,5152021Revenue 2022: $11,017,714Expenses 2022: $7,914,560Net Income 2022: $3,103,1542022Revenue 2023: $12,311,883Expenses 2023: $11,587,552Net Income 2023: $724,3312023Revenue 2024: $18,987,821Expenses 2024: $15,962,660Net Income 2024: $3,025,1612024

Highlighted filing

2012

Revenue-
Expenses$6,388,784
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 8, 2013
Return Version
2012v2.3
Gross Receipts
$10,841,969
Mission and Program Overview

Mission

Maintain financial soundness while empowering members to work toward financial success.

Major Activities

Activity 2
Provide financial services to over 15,000 members.
Filing and Contact Details

Filer

EIN
23-0338105
Raw XML AppendixShowing 400 of 405 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.

Path#Value
IRS990/AccountantCompileOrReview0false
IRS990/AccountsPayableAccruedExpenses/BOY0978775
IRS990/AccountsPayableAccruedExpenses/EOY0809703
IRS990/AccountsReceivable/BOY01132301
IRS990/AccountsReceivable/EOY01085509
IRS990/ActivitiesConductedPartnership0false
IRS990/Activity2/Description0PROVIDE FINANCIAL SERVICES TO OVER 15,000 MEMBERS.
IRS990/ActivityOrMissionDescription0THE LEHIGH VALLEY EDUCATORS CREDIT UNION, A NOT FOR PROFIT FINANCIAL SERVICE ORGANIZATION, PROVIDES QUALITY FINANCIAL SERVICES OF EXCEPTIONAL VALUE TO EACH MEMBER WHILE MAINTAINING A SOUND BUSINESS STRUCTURE.
IRS990/ActivityOther/Description0PROVIDE LOANS AND FINANCIAL SERVICES TO OVER 15,000 MEMBERS.
IRS990/AddressPrincipalOfficerUS/AddressLine103720 HAMILTON BLVD
IRS990/AddressPrincipalOfficerUS/City0ALLENTOWN
IRS990/AddressPrincipalOfficerUS/State0PA
IRS990/AddressPrincipalOfficerUS/ZIPCode018103
IRS990/Advertising/Total0331108
IRS990/AnnualDisclosureCoveredPersons0false
IRS990/AuditCommittee0true
IRS990/BenefitsPaidToMembersCY00
IRS990/BsnssRltnshpThruFamilyMember0false
IRS990/BsnssRltnshpWithOrganization0false
IRS990/CashNonInterestBearing/BOY0831483
IRS990/CashNonInterestBearing/EOY0596581
IRS990/ChangesToOrganizingDocs0false
IRS990/CollectionsOfArt0false
IRS990/CompCurrentOfficersDirectors/Total0277049
IRS990/CompensationFromOtherSources0false
IRS990/CompensationProcessCEO0false
IRS990/CompensationProcessOther0false
IRS990/ComplianceWithBackupWitholding0true
IRS990/ConferencesMeetings/Total029854
IRS990/ConflictOfInterestPolicy0true
IRS990/ConservationEasements0false
IRS990/ConsolidatedAuditFinancialStmt0false
IRS990/ContributionsGrantsCurrentYear00
IRS990/CreditCounseling0false
IRS990/DecisionsSubjectToApproval0true
IRS990/DeductibleContributionsOfArt0false
IRS990/DeductibleNonCashContributions0false
IRS990/DelegationOfManagementDuties0false
IRS990/DepreciationDepletion/Total0211543
IRS990/DescribedIn501C30false
IRS990/Description0PROVIDE MORE THAN 8,600 LOANS TO OVER 15,000 MEMBERS.
IRS990/DisregardedEntity0false
IRS990/DocumentRetentionPolicy0true
IRS990/DonorAdvisedFunds0false
IRS990/DoNotFollowSFAS1170X
IRS990/ElectionOfBoardMembers0true
IRS990/EmploymentTaxReturnsFiled0true
IRS990/FamilyOrBusinessRelationship0false
IRS990/FederalGrantAuditRequired0false
IRS990/FeesForServicesAccounting/Total025398
IRS990/FeesForServicesLegal/Total028625
IRS990/FeesForServicesOther/Total081301
IRS990/ForeignActivities0false
IRS990/ForeignFinancialAccount0false
IRS990/ForeignOffice0false
IRS990/Form990PartVIISectionA/AverageHoursPerWeek01.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek11.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek21.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek31.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek41.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek51.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek61.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek71.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek81.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek940.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1040.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector7X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector8X
IRS990/Form990PartVIISectionA/NamePerson0WILLIAM AYERS
IRS990/Form990PartVIISectionA/NamePerson1GARY FEDORCHA
IRS990/Form990PartVIISectionA/NamePerson2EUGENIA EMERT
IRS990/Form990PartVIISectionA/NamePerson3ROBERT BOLD
IRS990/Form990PartVIISectionA/NamePerson4GARY PHILLIPS
IRS990/Form990PartVIISectionA/NamePerson5CARMEN RIOLA
IRS990/Form990PartVIISectionA/NamePerson6DANIEL JOSEPH
IRS990/Form990PartVIISectionA/NamePerson7ROBERT MAZA
IRS990/Form990PartVIISectionA/NamePerson8DANIEL WEAVER
IRS990/Form990PartVIISectionA/NamePerson9ROSEMARIE E KRANTZ
IRS990/Form990PartVIISectionA/NamePerson10RONALD W HOUCK
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation80
IRS990/Form990PartVIISectionA/OtherCompensation934998
IRS990/Form990PartVIISectionA/OtherCompensation1058968
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization01000
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1750
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization2550
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization3500
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization4500
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization5500
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization6500
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization7500
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization8500
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization992256
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1085527
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/Title0PRESIDENT
IRS990/Form990PartVIISectionA/Title1VICE PRESIDE
IRS990/Form990PartVIISectionA/Title2SECRETARY/TR
IRS990/Form990PartVIISectionA/Title3DIRECTOR
IRS990/Form990PartVIISectionA/Title4DIRECTOR
IRS990/Form990PartVIISectionA/Title5DIRECTOR
IRS990/Form990PartVIISectionA/Title6DIRECTOR
IRS990/Form990PartVIISectionA/Title7DIRECTOR
IRS990/Form990PartVIISectionA/Title8DIRECTOR
IRS990/Form990PartVIISectionA/Title9CEO
IRS990/Form990PartVIISectionA/Title10CFO
IRS990/Form990ProvidedToGoverningBody0false
IRS990/Form990-TFiled0true
IRS990/FormersListed0false
IRS990/FSAudited0true
IRS990/FSAuditedBasis/FinancialStatementSeparate0X
IRS990/FundraisingActivities0false
IRS990/GainOrLoss/Other0-5188
IRS990/GainOrLoss/Securities084128
IRS990/Gaming0false
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsToIndividuals0false
IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossAmountSalesAssets/Securities02160094
IRS990/GrossReceipts010841969
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IndependentAuditFinancialStmt0true
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InformationTechnology/Total0267168
IRS990/Insurance/Total081125
IRS990/Interest/Total01546663
IRS990/InvestmentIncomeCurrentYear03434258
IRS990/InvestmentIncome/ExclusionAmount03355318
IRS990/InvestmentIncomePriorYear03963721
IRS990/InvestmentIncome/TotalRevenueColumn03355318
IRS990/InvestmentInJointVenture0false
IRS990/InvestmentsOtherSecurities/BOY07674171
IRS990/InvestmentsOtherSecurities/EOY06105857
IRS990/InvestmentsPubTradedSecurities/BOY0165289128
IRS990/InvestmentsPubTradedSecurities/EOY0168938645
IRS990/LandBldgEquipmentAccumDeprec02741612
IRS990/LandBuildingsEquipmentBasis08728728
IRS990/LandBuildingsEquipmentBasisNet/BOY06152244
IRS990/LandBuildingsEquipmentBasisNet/EOY05987116
IRS990/LessCostOthBasisSalesExpenses/Other05188
IRS990/LessCostOthBasisSalesExpenses/Securities02075966
IRS990/LoanToOfficerOrDQP0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0true
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0THE LEHIGH VALLEY EDUCATORS CREDIT UNION, A NOT FOR PROFIT FINANCIAL SERVICE ORGANIZATION, PROVIDES QUALITY FINANCIAL SERVICES OF EXCEPTIONAL VALUE TO EACH MEMBER WHILE MAINTAINING A SOUND BUSINESS STRUCTURE.
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/NameOfPrincipalOfficerPerson0ROSEMARIE E KRANTZ
IRS990/NbrIndependentVotingMembers09
IRS990/NbrVotingGoverningBodyMembers09
IRS990/NbrVotingMembersGoverningBody09
IRS990/NetAssetsOrFundBalancesBOY044259043
IRS990/NetAssetsOrFundBalancesEOY047627457
IRS990/NetGainOrLossInvestments/ExclusionAmount078940
IRS990/NetGainOrLossInvestments/TotalRevenueColumn078940
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith1096010200
IRS990/NumberIndependentVotingMembers09
IRS990/NumberOfEmployees033
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Total0242309
IRS990/OfficeExpenses/Total0629778
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY02355984
IRS990/OtherAssetsTotal/EOY02383726
IRS990/OtherEmployeeBenefits/Total0345925
IRS990/OtherExpensePriorYear05382411
IRS990/OtherExpensesCurrentYear04769375
IRS990/OtherExpenses/Description0LENDING EXPENSES
IRS990/OtherExpenses/Description1PROVISION FOR LOAN LOSS
IRS990/OtherExpenses/Description2NCUSIF IMPAIRMENT
IRS990/OtherExpenses/Description3OTHER
IRS990/OtherExpenses/Total0583367
IRS990/OtherExpenses/Total1376718
IRS990/OtherExpenses/Total2225019
IRS990/OtherExpenses/Total3106911
IRS990/OtherLiabilities/BOY0230048552
IRS990/OtherLiabilities/EOY0241701354
IRS990/OtherNotesLoansReceivableNet/BOY078308559
IRS990/OtherNotesLoansReceivableNet/EOY084352080
IRS990/OtherRevenueCurrentYear025407
IRS990/OtherRevenueMisc/BusinessCode0522100
IRS990/OtherRevenueMisc/Description0MISCELLANEOUS INCOME
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome025407
IRS990/OtherRevenueMisc/TotalRevenueColumn025407
IRS990/OtherRevenuePriorYear08777
IRS990/OtherSalariesAndWages/Total0829738
IRS990/PartialLiquidation0false
IRS990/PayrollTaxes/Total093239
IRS990/PensionPlanContributions/Total073458
IRS990/PoliticalActivities0false
IRS990/PrepaidExpensesDeferredCharges/BOY0121967
IRS990/PrepaidExpensesDeferredCharges/EOY0133080
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenue/BusinessCode0522291
IRS990/ProgramServiceRevenue/BusinessCode1522100
IRS990/ProgramServiceRevenue/BusinessCode2522100
IRS990/ProgramServiceRevenue/BusinessCode3525990
IRS990/ProgramServiceRevenueCY05301150
IRS990/ProgramServiceRevenue/Description0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenue/Description1PLASTIC CARD INCOME
IRS990/ProgramServiceRevenue/Description2FEE INCOME
IRS990/ProgramServiceRevenue/Description3NON-MEMBER ATM FEES
IRS990/ProgramServiceRevenuePriorYear05384348
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome04260902
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome1805116
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome2231415
IRS990/ProgramServiceRevenue/TotalRevenueColumn04260902
IRS990/ProgramServiceRevenue/TotalRevenueColumn1805116
IRS990/ProgramServiceRevenue/TotalRevenueColumn2231415
IRS990/ProgramServiceRevenue/TotalRevenueColumn33717
IRS990/ProgramServiceRevenue/UnrelatedBusinessRevenue03717
IRS990/ProhibitedTaxShelterTrans0false
IRS990/ReconcilationOtherChanges0-189058
IRS990/ReconcilationRevenueExpenses02372031
IRS990/ReconciliationUnrealizedInvest01185441
IRS990/RegularMonitoringEnforcement0false
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/ReportFin48Footnote0true
IRS990/ReportInvestOthSecurities0false
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0true
IRS990/ReportProgRelInvest0false
IRS990/RetainedEarningsEndowmentEtc/BOY044259043
IRS990/RetainedEarningsEndowmentEtc/EOY047627457
IRS990/RevenuesLessExpensesCY02372031
IRS990/RevenuesLessExpensesPriorYear02296570
IRS990/SalariesEtcCurrentYear01619409
IRS990/SalariesEtcPriorYear01677865
IRS990/SavingsAndTempCashInvestments/BOY013420533
IRS990/SavingsAndTempCashInvestments/EOY020555920
IRS990/ScheduleBRequired0false
IRS990ScheduleD/Buildings/BookValue04286270
IRS990ScheduleD/Buildings/Depreciation01321569
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis05607839
IRS990ScheduleD/Equipment/BookValue0222344
IRS990ScheduleD/Equipment/Depreciation01420043
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis01642387
IRS990ScheduleD/ExpensesNotRptdF9900189058
IRS990ScheduleD/ExpensesSubtotal06388784
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0LEHIGH VALLEY EDUCATORS CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DESCRIBED IN INTERNAL REVENUE CODE ("IRC") SECTION 501(C) (14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES THAT ARE IN FURTHERANCE OF ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME (AS DEFINED IN SECTION 512) DERIVED BY STATE-CHARTERED CREDIT UNIONS. MANY STATES HAVE SIMILAR LAWS. THE SPECIFIC APPLICATION OF SECTION 512 TO THE VARIOUS ACTIVITIES CONDUCTED BY STATE-CHARTERED CREDIT UNIONS HAS BEEN AN ISSUE FOR MANY YEARS. IN 2007, THE INTERNAL REVENUE SERVICE ("IRS") ISSUED A SERIES OF TECHNICAL ADVICE MEMORANDA ("TAM") TO A NUMBER OF STATE- CHARTERED CREDIT UNIONS LOCATED THROUGHOUT THE COUNTRY. IN THESE TAMS, THE IRS RULED CERTAIN PRODUCTS AND SERVICES TO BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN LIGHT OF THE TAMS, THE CREDIT UNION HAS ASSESSED ITS ACTIVITIES AND ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY. IN THE OPINION OF MANAGEMENT, ANY LIABILITY ARISING FROM FEDERAL OR STATE TAXATION OF ACTIVITIES DEEMED TO BE UNRELATED TO ITS EXEMPT PURPOSE IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL CONDITION OR RESULTS OF OPERATION.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1NET CHANGE IN PENSION LIABILITY 189,058
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0LIABILITY UNDER FIN 48 FOOTNOTE
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/Land/BookValue01478502
IRS990ScheduleD/Land/OtherCostOrOtherBasis01478502
IRS990ScheduleD/NetUnrealizedGainsInvestments01185441
IRS990ScheduleD/OtherExpensesIncluded0189058
IRS990ScheduleD/OtherLiabilities/Amount0241701354
IRS990ScheduleD/OtherLiabilities/Description0MEMBER SHARE AND SAVINGS ACCOUNTS
IRS990ScheduleD/RevenueNotRptdF99001185441
IRS990ScheduleD/RevenueSubtotal08760815
IRS990ScheduleD/TotalExpensesPerForm99006388784
IRS990ScheduleD/TotalOfAmounts0241701354
IRS990ScheduleD/TotalOfBookValueLandBuildings05987116
IRS990ScheduleD/TotalRevenuePerForm99008760815
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt06577842
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt09946256
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0PROVIDE LOANS AND FINANCIAL SERVICES TO OVER 15,000 MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS. EACH MEMBER HAS A SINGLE VOTE IN THE ELECTION OF THE CREDIT UNION'S BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS. EACH MEMBER HAS A SINGLE VOTE IN THE ELECTION OF THE CREDIT UNION'S BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE CREDIT UNION'S MEMBERS MUST APPROVE: -THE MERGER OF THE CREDIT UNION. -THE DISSOLUTION OR CONVERSION OF THE CREDIT UNION. -CHANGES TO THE CREDIT UNION'S CHARTER, ARTICLES AND BYLAWS.
IRS990ScheduleO/GeneralExplanation/Explanation4THE FORM 990 IS REVIEWED BY THE CREDIT UNION'S MANAGEMENT PRIOR TO SUBMISSION.
IRS990ScheduleO/GeneralExplanation/Explanation5THE CREDIT UNION'S FINANCIAL STATEMENTS ARE POSTED IN THE LOBBIES OF ALL BRANCHES ON A MONTHLY BASIS. QUARTERLY FINANCIAL STATEMENTS (CALL REPORTS) ARE AVAILABLE ON WWW.NCUA.GOV.
IRS990ScheduleO/GeneralExplanation/Explanation6NET CHANGE IN PENSION LIABILITY -189,058
IRS990ScheduleO/GeneralExplanation/Identifier0ALL OTHER ACCOMPLISHMENT DESCRIPTION
IRS990ScheduleO/GeneralExplanation/Identifier1CLASSES OF MEMBERS OR STOCKHOLDERS
IRS990ScheduleO/GeneralExplanation/Identifier2ELECTION OF MEMBERS AND THEIR RIGHTS
IRS990ScheduleO/GeneralExplanation/Identifier3DECISIONS SUBJECT TO APPROVAL OF MEMBERS
IRS990ScheduleO/GeneralExplanation/Identifier4ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier5GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/Identifier6RECONCILIATION OF CHANGES - OTHER
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART XI, LINE 9
IRS990/ScheduleORequired0true
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0PA
IRS990/SubjectToProxyTax0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine103720 HAMILTON BLVD
IRS990/TheBooksAreInCareOf/AddressUS/City0ALLENTOWN
IRS990/TheBooksAreInCareOf/AddressUS/State0PA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode018103
IRS990/TheBooksAreInCareOf/NamePerson0RONALD W HOUCK
IRS990/TheBooksAreInCareOf/TelephoneNumber06108200145
IRS990/TotalAssets/BOY0275286370
IRS990/TotalAssetsBOY0275286370
IRS990/TotalAssets/EOY0290138514
IRS990/TotalAssetsEOY0290138514
IRS990/TotalCompGT150K0false
IRS990/TotalExpensesCurrentYear06388784
IRS990/TotalExpensesPriorYear07060276
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral00
IRS990/TotalFunctionalExpenses/ProgramServices00
IRS990/TotalFunctionalExpenses/Total06388784
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI03717
IRS990/TotalLiabilities/BOY0231027327
IRS990/TotalLiabilitiesBOY0231027327
IRS990/TotalLiabilities/EOY0242511057
IRS990/TotalLiabilitiesEOY0242511057
IRS990/TotalLiabNetAssetsFundBalances/BOY0275286370
IRS990/TotalLiabNetAssetsFundBalances/EOY0290138514
IRS990/TotalNbrEmployees033
IRS990/TotalNetAssetsFundBalances/BOY044259043
IRS990/TotalNetAssetsFundBalances/EOY047627457
IRS990/TotalOtherCompensation093966
IRS990/TotalOtherRevenue025407
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceRevenue05301150
IRS990/TotalReportableCompFromOrg0183083
IRS990/TotalRevenueCurrentYear08760815
IRS990/TotalRevenue/ExclusionAmount03434258
IRS990/TotalRevenuePriorYear09356846
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome05322840
IRS990/TotalRevenue/TotalRevenueColumn08760815
IRS990/TotalRevenue/UnrelatedBusinessRevenue03717
IRS990/Travel/Total02488
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0true
IRS990/UponRequest0X
IRS990/WebSite0WWW.LVECU.ORG
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation01934
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0230338105
ReturnHeader/Filer/Name/BusinessNameLine10LEHIGH VALLEY EDUCATORS
ReturnHeader/Filer/Name/BusinessNameLine20CREDIT UNION
ReturnHeader/Filer/NameControl0LEHI
ReturnHeader/Filer/Phone06108200145
ReturnHeader/Filer/USAddress/AddressLine103720 HAMILTON BLVD
ReturnHeader/Filer/USAddress/City0ALLENTOWN
ReturnHeader/Filer/USAddress/State0PA
ReturnHeader/Filer/USAddress/ZIPCode018103
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-11-08
ReturnHeader/Officer/Name0ROSEMARIE E KRANTZ
ReturnHeader/Officer/Phone06108200145
ReturnHeader/Officer/Title0CEO
ReturnHeader/Preparer/DatePrepared02013-11-11
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10PADDEN GUERRINI & ASSOCIATES PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1091 CUMBERLAND PARKWAY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0MECHANICSBURG
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0PA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0170555676
ReturnHeader/Preparer/Name0FREDERICK A TABOR
ReturnHeader/Preparer/Phone07177631644

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$290,138,514
Liabilities
$242,511,057
Net assets
$47,627,457
Revenue
-
Expenses
$6,388,784
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$438$386$51.7$19.0$16.0$3.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$412$365$47.1$12.3$11.6$0.72
2022Detailed filing. Detailed filing data is available for this year.$401$361$39.4$11.0$7.91$3.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$409$349$59.3$9.69$7.37$2.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$377$317$60.6$10.3$8.08$2.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$324$268$56.6$11.1$8.62$2.48
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$312$260$51.5$10.3$7.72$2.55
2017Detailed filing. Detailed filing data is available for this year.$313$262$51.1$9.16$7.08$2.08
2016Detailed filing. Detailed filing data is available for this year.$313$263$49.5$8.46$6.40$2.05
2015Detailed filing. Detailed filing data is available for this year.$303$254$49.5$8.02$5.91$2.11
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$295$247$48.5$7.89$6.18$1.70
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$291$244$46.7$7.94$6.26$1.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$290$243$47.6$6.39
2011Summary only. Only limited summary data is available for this year.$275$231$44.3$9.36$7.06$2.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$263$222$40.9$7.91