Civic Intelligence

Lehigh Valley Educators Credit Union

990 • Fiscal year 2014 • EIN 23-0338105

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 11, 2015

Organization ProfileWWW.LVECU.ORG

View Organization Page

3720 Hamilton BlvdAllentown, PA 18103

(610) 820-0145

Siviq Scores

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

Liabilities / Assets

9th percentile

0.84x

Higher debt load relative to assets than 9% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

31.25x

Higher debt load relative to revenue than 98% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Net Margin

80th percentile

22%

Higher net margin than 80% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Top Officer Pay

3rd percentile

$157,533

Higher top officer pay than 3% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Asset Growth

18th percentile

1.5%

Faster asset growth than 18% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Revenue Growth

29th percentile

-0.6%

Faster revenue growth than 29% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets9th percentile

Assets

Up

$294,982,131

Up $4,357,139 (+1.5%) from 2013

Net Assets

Up

$48,478,292

Up $1,767,992 (+3.8%) from 2013

Liabilities

Up

$246,503,839

Up $2,589,147 (+1.1%) from 2013

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin80th percentile

Revenue

Down

$7,887,540

Down $50,686 (-0.6%) from 2013

Expenses

Down

$6,184,136

Down $78,587 (-1.3%) from 2013

Net Income

Up

$1,703,404

Up $27,901 (+1.7%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth18th 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

2014

Assets$294,982,131
Liabilities$246,503,839
Net Assets$48,478,292
Open 2014 Filing

Operations Trend

Revenue Growth29th percentile

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

2014

Revenue$7,887,540
Expenses$6,184,136
Net Income$1,703,404
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 11, 2015
Return Version
2014v5.0
Gross Receipts
$9,947,562
Mission and Program Overview

Mission

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

The 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$146,255,462$174,785,881▲ $28,530,419
Other Notes and Loans Receivable, Net$87,700,005$85,478,049▼ $2,221,956
Rtn Earn Endowment Incm Other Fnds$46,710,300$48,478,292▲ $1,767,992
Savings and Temporary Cash Investments$11,180,579$19,043,954▲ $7,863,375
Investments Other Securities$35,210,457$5,739,257▼ $29,471,200
Land, Buildings, and Equipment, Net$5,833,651$5,679,895▼ $153,756
Cash and Non-Interest-Bearing Accounts$709,452$887,725▲ $178,273
Accounts Receivable$1,062,093$754,606▼ $307,487
Prepaid Expenses and Deferred Charges$202,681$162,500▼ $40,181
Total Assets$290,624,992$294,982,131▲ $4,357,139
Other Assets Total$2,470,612$2,450,264▼ $20,348
Liabilities
Other Liabilities$243,299,315$245,776,816▲ $2,477,501
Accounts Payable and Accrued Expenses$615,377$727,023▲ $111,646
Total Liabilities$243,914,692$246,503,839▲ $2,589,147
Net Assets / Fund Balance
Total Net Assets Fund Balance$46,710,300$48,478,292▲ $1,767,992
Total Liabilities and Net Assets / Fund Balance$290,624,992$294,982,131▲ $4,357,139

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,004,658$1,603,181$5,607,839
Equipment$196,735$1,410,062$1,606,797
Land$1,478,502-$1,478,502
Compensation and Service Providers
Top Officer Pay3rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald W HouckCFOFT$93,943$63,590$157,533
Rosemarie E KrantzCEOFT$102,047$32,512$134,559
William AyersPresident-$1,000-$1,000
Gary FedorchaVice Preside-$750-$750
Eugenia EmertSecretary/tr-$550-$550
Carmen RiolaDirector-$500-$500
Daniel JosephDirector-$500-$500
Daniel WeaverDirector-$500-$500
Gary PhillipsDirector-$500-$500
Robert BoldDirector-$500-$500
Robert MazaDirector-$500-$500
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,088,193
Investment Income
$2,793,401
Other Revenue
$5,946
Change in Net Assets
$1,703,404

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,887,540
Revenue Not Reported on Form 990
$358,390
Total Revenue per Audited Statements
$8,245,930
Total Revenue per Form 990
$7,887,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,358,857
Salaries, Compensation, and Employee Benefits$1,825,279
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$1,056,906
Other Salaries and Wages---$942,814
Office Expenses---$709,284
Other Employee Benefits---$365,405
Information Technology---$306,062
Current Officers, Directors, Trustees, and Key Employees---$297,392
Advertising---$280,091
Occupancy---$253,742
Depreciation Depletion---$217,741
Pension Plan Contributions---$119,366
Payroll Taxes---$100,302
Fees for Services Other---$96,432
Insurance---$76,295
Fees for Services Legal---$62,091
Conferences and Meetings---$36,730
Fees for Services Accounting---$22,300
Travel---$2,459
Other Expenses---$865
Total Functional Expenses$0$0$0$6,184,136

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,477,938
Expenses per Audited Statements$6,184,136
Total Expenses per Form 990$6,184,136
Expenses Not Reported on Form 990$293,802
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share and Savings Accounts$245,776,816
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The 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.”

Form 990, Page 6, Part VI, Line 7A

“The 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.”

Form 990, Page 6, Part VI, Line 7B

“The 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.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is reviewed by the credit union's management prior to submission.”

Form 990, Page 6, Part VI, Line 19

“The 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.”

Filing and Contact Details

Filer

Filer Name
Lehigh Valley Educators
EIN
23-0338105
Phone
6108200145
Address
3720 HAMILTON BLVD, ALLENTOWN, PA 18103

Signing Officer

Name
Rosemarie E Krantz
Title
CEO
Phone
6108200145
Signed
2015-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rosemarie E Krantz
Formed
1934
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
29
Volunteers
12

Preparer

Firm
Padden Guerrini & Associates Pc
Address
91 CUMBERLAND PARKWAY, MECHANICSBURG, PA 17055-5676
Preparer
Frederick a Tabor
Phone
7177909333
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Provide loans and financial services to over 16,000 members.”

Form 990, Part XI, Line 9

“Net change in pension liability -293,802”

Financial Statement Notes

Schedule D, Page 3, Part X

“The 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. The credit union did not incur unrelated business income tax in the years ended december 31, 2014 and 2013.”

Schedule D, Page 4, Part XII, Line 2D

“Net change in pension liability 293,802”

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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/OccupancyGrp/TotalAmt0253742
IRS990/OfficeExpensesGrp/TotalAmt0709284
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02470612
IRS990/OtherAssetsTotalGrp/EOYAmt02450264
IRS990/OtherChangesInNetAssetsAmt0-293802
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0365405
IRS990/OtherExpensesGrp/Desc0LENDING EXPENSES
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0705924
IRS990/OtherExpensesGrp/TotalAmt1452024
IRS990/OtherExpensesGrp/TotalAmt279911
IRS990/OtherExpensesGrp/TotalAmt3865
IRS990/OtherLiabilitiesGrp/BOYAmt0243299315
IRS990/OtherLiabilitiesGrp/EOYAmt0245776816
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05946
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05946
IRS990/OtherRevenueTotalAmt05946
IRS990/OtherSalariesAndWagesGrp/TotalAmt0942814
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt087700005
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt085478049
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0100302
IRS990/PensionPlanContributionsGrp/TotalAmt0119366
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0202681
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0162500
IRS990/PrincipalOfficerNm0ROSEMARIE E KRANTZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3525990
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PLASTIC CARD INCOME
IRS990/ProgramServiceRevenueGrp/Desc2FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3NON-MEMBER ATM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04054885
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1824076
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2205862
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04054885
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1824076
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2205862
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33370
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt03370
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE FINANCIAL SERVICES TO OVER 16,000 MEMBERS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDE LOANS AND FINANCIAL SERVICES TO OVER 16,000 MEMBERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt02737594
IRS990/PYOtherExpensesAmt04491630
IRS990/PYOtherRevenueAmt02274
IRS990/PYProgramServiceRevenueAmt05198358
IRS990/PYRevenuesLessExpensesAmt01675503
IRS990/PYSalariesCompEmpBnftPaidAmt01771093
IRS990/PYTotalExpensesAmt06262723
IRS990/PYTotalRevenueAmt07938226
IRS990/ReconcilationRevenueExpnssAmt01703404
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt046710300
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt048478292
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011180579
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019043954
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04004658
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01603181
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05607839
IRS990ScheduleD/EquipmentGrp/BookValueAmt0196735
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01410062
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01606797
IRS990ScheduleD/ExpensesNotReportedAmt0293802
IRS990ScheduleD/ExpensesSubtotalAmt06184136
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01478502
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01478502
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0358390
IRS990ScheduleD/OtherExpensesIncludedAmt0293802
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0245776816
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE AND SAVINGS ACCOUNTS
IRS990ScheduleD/RevenueNotReportedAmt0358390
IRS990ScheduleD/RevenueSubtotalAmt07887540
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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. THE CREDIT UNION DID NOT INCUR UNRELATED BUSINESS INCOME TAX IN THE YEARS ENDED DECEMBER 31, 2014 AND 2013.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NET CHANGE IN PENSION LIABILITY 293,802
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05679895
IRS990ScheduleD/TotalExpensesPerForm990Amt06184136
IRS990ScheduleD/TotalLiabilityAmt0245776816
IRS990ScheduleD/TotalRevenuePerForm990Amt07887540
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08245930
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06477938
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt093943
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt048921
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt014669
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RONALD W HOUCK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0157533
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE LOANS AND FINANCIAL SERVICES TO OVER 16,000 MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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/SupplementalInformationDetail/ExplanationTxt2THE 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/SupplementalInformationDetail/ExplanationTxt3THE 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/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS REVIEWED BY THE CREDIT UNION'S MANAGEMENT PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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/SupplementalInformationDetail/ExplanationTxt6NET CHANGE IN PENSION LIABILITY -293,802
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0290624992
IRS990/TotalAssetsEOYAmt0294982131
IRS990/TotalAssetsGrp/BOYAmt0290624992
IRS990/TotalAssetsGrp/EOYAmt0294982131
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt06184136
IRS990/TotalGrossUBIAmt03370
IRS990/TotalLiabilitiesBOYAmt0243914692
IRS990/TotalLiabilitiesEOYAmt0246503839
IRS990/TotalLiabilitiesGrp/BOYAmt0243914692
IRS990/TotalLiabilitiesGrp/EOYAmt0246503839
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt046710300
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt048478292
IRS990/TotalOtherCompensationAmt096102
IRS990/TotalProgramServiceRevenueAmt05088193
IRS990/TotalReportableCompFromOrgAmt0201290
IRS990/TotalRevenueGrp/ExclusionAmt02793401
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05090769
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07887540
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt03370
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0290624992
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0294982131
IRS990/TravelGrp/TotalAmt02459
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03720 HAMILTON BLVD
IRS990/USAddress/CityNm0ALLENTOWN
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd018103
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.LVECU.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROSEMARIE E KRANTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06108200145
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEHIGH VALLEY EDUCATORS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0LEHI
ReturnHeader/Filer/EIN0230338105
ReturnHeader/Filer/PhoneNum06108200145
ReturnHeader/Filer/USAddress/AddressLine1Txt03720 HAMILTON BLVD
ReturnHeader/Filer/USAddress/CityNm0ALLENTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd018103
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232290841
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PADDEN GUERRINI & ASSOCIATES PC

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$294,982,131
Liabilities
$246,503,839
Net assets
$48,478,292
Revenue
$7,887,540
Expenses
$6,184,136
Net income
$1,703,404
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
2014Detailed filing. Detailed filing data is available for this year.$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