Civic Intelligence

Lehigh Valley Educators Credit Union

990 • Fiscal year 2023 • EIN 23-0338105

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

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

25th percentile

0.89x

Higher debt load relative to assets than 25% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

29.64x

Higher debt load relative to revenue than 99% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2023

Net Margin

24th percentile

5.9%

Higher net margin than 24% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2023

Top Officer Pay

32nd percentile

$364,958

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2023

Asset Growth

57th percentile

2.8%

Faster asset growth than 57% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

12%

Faster revenue growth than 11% of similar nonprofits.

2023 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Assets

Up

$412,042,275

Up $11,218,513 (+2.8%) from 2022

Net Assets

Up

$47,144,707

Up $7,732,145 (+20%) from 2022

Liabilities

Up

$364,897,568

Up $3,486,368 (+1.0%) from 2022

Revenue

Up

$12,311,883

Up $1,294,169 (+12%) from 2022

Expenses

Up

$11,587,552

Up $3,672,992 (+46%) from 2022

Net Income

Down

$724,331

Down $2,378,823 (-77%) from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$412,042,275
Liabilities$364,897,568
Net Assets$47,144,707

Operations Trend

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

2023

Revenue$12,311,883
Expenses$11,587,552
Net Income$724,331
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$73,767,972
Mission and Program Overview

Mission

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

Maintain financial soundness while empowering members to work toward financial success

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$258,739,952$242,816,697▼ $15,923,255
Other Notes and Loans Receivable, Net$111,005,867$116,511,900▲ $5,506,033
Savings and Temporary Cash Investments$18,917,005$39,992,151▲ $21,075,146
Land, Buildings, and Equipment, Net$4,764,938$4,455,633▼ $309,305
Accounts Receivable$1,126,575$1,353,775▲ $227,200
Cash and Non-Interest-Bearing Accounts$871,950$950,204▲ $78,254
Prepaid Expenses and Deferred Charges$263,760$580,405▲ $316,645
Investments Other Securities$235,400$217,900▼ $17,500
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$400,823,762$412,042,275▲ $11,218,513
Other Assets Total$4,898,315$5,163,610▲ $265,295
Liabilities
Other Liabilities$361,137,110$364,220,865▲ $3,083,755
Accounts Payable and Accrued Expenses$274,090$676,703▲ $402,613
Total Liabilities$361,411,200$364,897,568▲ $3,486,368
Net Assets / Fund Balance
Total Net Assets Fund Balance$39,412,562$47,144,707▲ $7,732,145
Total Liabilities and Net Assets / Fund Balance$400,823,762$412,042,275▲ $11,218,513

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,753,405$2,870,434$5,623,839
Equipment$223,726$1,909,863$2,133,589
Land$1,478,502-$1,478,502
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rosemarie E KrantzCEOFT$242,598$122,360$364,958
Marie a RhodaCLOFT$124,075$48,902$172,977
Ann HoffCFOFT$103,879$57,856$161,735
William AyersBoard Chairperson-$1,500-$1,500
Gary FedorchaBoard Vice Chair-$1,000-$1,000
Eugenia EmertSecretary/treasurer-$750-$750
Daniel JosephDirector-$600-$600
Daniel WeaverDirector-$600-$600
Dennis NemesDirector-$600-$600
Gary PhillipsDirector-$600-$600
Ryan Van NormanDirector-$600-$600
Sherri MolitorisDirector-$600-$600
Jillian EmertMembership Officer-$350-$350

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservDebit Card ProcessingPO BOX 934057, Atlanta, GA 31193$594,543
Fidelity Information ServicesPlastic Card Services601 RIVERSIDE AVE, Jacksonville, FL 32204$400,369
Alkami TechnologyDigital Banking Services5601 GRANITE PKWY SUITE 120, Plano, TX 75024$256,526
Corelation INCSoftware Maintenance2305 HISTORIC DECATUR SUITE 300, San Diego, CA 92106$112,390
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,106,213
Investment Income
$4,194,253
Other Revenue
$11,417
Change in Net Assets
$724,331

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,311,883
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$7,007,814
Total Revenue per Audited Statements
$19,319,697
Total Revenue per Form 990
$12,311,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,766,026
Salaries, Compensation, and Employee Benefits$2,731,526
Grants and Similar Amounts Paid$90,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$4,374,785
Other Salaries and Wages---$1,388,307
Office Expenses---$1,095,815
Current Officers, Directors, Trustees, and Key Employees---$724,227
Information Technology---$638,825
Other Employee Benefits---$441,289
Depreciation Depletion---$345,145
Occupancy---$342,598
Advertising---$222,359
Fees for Services Other---$216,874
Other Expenses---$147,869
Payroll Taxes---$136,877
Grants to Domestic Orgs---$90,000
Insurance---$59,582
Fees for Services Legal---$58,770
Pension Plan Contributions---$40,826
Fees for Services Accounting---$39,673
Conferences and Meetings---$35,121
Travel---$5,774
Total Functional Expenses$0$0$0$11,587,552

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,587,552
Total Expenses per Audited Statements$11,587,552
Total Expenses per Form 990$11,587,552
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Allentown School DistrictAllentown, PA50(c)(3)Backpack Program$0
Catasauqua School DistrictCatasauqua, PA50(c)(3)Backpack Program$0
East Penn School DistrictEmmaus, PA501(c)(3)Backpack Program$0
Northern Lehigh School DistrictSlatington, PA501(c)(3)Backpack Program$0
Northwestern Lehigh School DistrictNew Tripoli, PA501(c)(3)Backpack Program$0
Parkland School DistrictAllentown, PA501(c)(3)Backpack Program$0
Salisbury School DistrictAllentown, PA501(c)(3)Backpack Program$0
Southern Lehigh School DistrictCenter Valley, PA501(c)(3)Backpack Program$0
Whitehall-coplay School DistrictWhitehall, PA501(c)(3)Backpack Program$0
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$364,220,865
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 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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section A, Line 2

Eugenia emert and jillian emert have a family relationship.

Form 990, Part VI, Section A, Line 6

The credit union has a single class of members.

Form 990, Part VI, Section A, Line 7A

Each member has a single vote in the election of the credit union's board of directors.

Form 990, Part VI, Section A, 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, Part VI, Section B, Line 11B

The form 990 is reviewed by the credit union's ceo and cfo prior to submission.

Form 990, Part VI, Section B, Line 15

Compensation for the ceo is determined by the chair and vice-chair of the board of directors, who review information obtained through the hr performance solutions compease system. They then include the compensation amount in the budget, which is then presented to the for the full board of directors, who vote to approve the salary. Compensation for other officers or key employees is based on guidance from the hr performance solutions compease system. A yearly salary plan is developed by the ceo, presented to the salary committee and reviewed and approved by the board of directors. Compensation for all employees, including the ceo, other officers and key employees, is also included in the annual budget. The budget is approved by the board of directors.

Form 990, Part VI, Section C, Line 19

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 Krantz
Title
CEO
Phone
6108200145
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rosemarie Krantz
Formed
1934
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
10
Employees
29
Volunteers
10

Preparer

Firm
Rkl Llp
Address
1330 BROADCASTING ROAD, WYOMISSING, PA 19610-6008
Preparer
Ruthann J Woll CPA
Phone
6103761595
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Defined benefit pension plan 78,065.

Part XII Line 2C

There was no change from prior year.

Financial Statement Notes

PART X, LINE 2:

The credit union is a state-chartered credit union as described in 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 for the year ended december 31, 2022 and does not anticipate any unrelated business income tax for the year ended december 31, 2023.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Defined benefit pension plan 78,065.

Part XII, Line 2D

Net change in pension liability

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBERSHIP OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12CLO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01934
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt03094
IRS990/GainOrLossGrp/SecuritiesAmt0-3577541
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToDomesticOrgsGrp/TotalAmt090000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt044980642
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt012901000
IRS990/GrossReceiptsAmt073767972
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0638825
IRS990/InsuranceGrp/TotalAmt059582
IRS990/InterestGrp/TotalAmt04374785
IRS990/InvestmentIncomeGrp/ExclusionAmt07768700
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07768700
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0235400
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0217900
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0258739952
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0242816697
IRS990/IRPDocumentCnt07533
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04780297
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04764938
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04455633
IRS990/LandBldgEquipCostOrOtherBssAmt09235930
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt044977548
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt016478541
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MAINTAIN FINANCIAL SOUNDNESS WHILE EMPOWERING MEMBERS TO WORK TOWARD FINANCIAL SUCCESS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt039412562
IRS990/NetAssetsOrFundBalancesEOYAmt047144707
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-3574447
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3574447
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt06929749
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0342598
IRS990/OfficeExpensesGrp/TotalAmt01095815
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04898315
IRS990/OtherAssetsTotalGrp/EOYAmt05163610
IRS990/OtherChangesInNetAssetsAmt078065
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0441289
IRS990/OtherExpensesGrp/Desc0LENDING EXPENSES
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/TotalAmt0941680
IRS990/OtherExpensesGrp/TotalAmt1241156
IRS990/OtherExpensesGrp/TotalAmt2147869
IRS990/OtherLiabilitiesGrp/BOYAmt0361137110
IRS990/OtherLiabilitiesGrp/EOYAmt0364220865
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011417
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011417
IRS990/OtherRevenueTotalAmt011417
IRS990/OtherSalariesAndWagesGrp/TotalAmt01388307
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0111005867
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0116511900
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0136877
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt040826
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0263760
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0580405
IRS990/PrincipalOfficerNm0ROSEMARIE KRANTZ
IRS990/ProfessionalFundraisingInd00
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/RelatedOrExemptFuncIncomeAmt06299099
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11365400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2438651
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06299099
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11365400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2438651
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33063
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt03063
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE FINANCIAL SERVICES TO OVER 15,000 MEMBERS
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt095200
IRS990/PYInvestmentIncomeAmt04394816
IRS990/PYOtherExpensesAmt05508080
IRS990/PYOtherRevenueAmt0133037
IRS990/PYProgramServiceRevenueAmt06489861
IRS990/PYRevenuesLessExpensesAmt03103154
IRS990/PYSalariesCompEmpBnftPaidAmt02311280
IRS990/PYTotalExpensesAmt07914560
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011017714
IRS990/ReconcilationRevenueExpnssAmt0724331
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt018917005
IRS990/SavingsAndTempCashInvstGrp/EOYAmt039992151
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02753405
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02870434
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05623839
IRS990ScheduleD/EquipmentGrp/BookValueAmt0223726
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01909863
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02133589
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011587552
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01478502
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01478502
IRS990ScheduleD/NetUnrealizedGainsInvstAmt06929749
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0364220865
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE AND SAVINGS ACCOUNTS
IRS990ScheduleD/OtherRevenueAmt078065
IRS990ScheduleD/RevenueNotReportedAmt07007814
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt012311883
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DESCRIBED IN 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 FOR THE YEAR ENDED DECEMBER 31, 2022 AND DOES NOT ANTICIPATE ANY UNRELATED BUSINESS INCOME TAX FOR THE YEAR ENDED DECEMBER 31, 2023.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DEFINED BENEFIT PENSION PLAN 78,065.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2NET CHANGE IN PENSION LIABILITY
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04455633
IRS990ScheduleD/TotalExpensesPerForm990Amt011587552
IRS990ScheduleD/TotalLiabilityAmt0364220865
IRS990ScheduleD/TotalRevenuePerForm990Amt012311883
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt019319697
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011587552
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/CashGrantAmt10
IRS990ScheduleI/RecipientTable/CashGrantAmt20
IRS990ScheduleI/RecipientTable/CashGrantAmt30
IRS990ScheduleI/RecipientTable/CashGrantAmt40
IRS990ScheduleI/RecipientTable/CashGrantAmt50
IRS990ScheduleI/RecipientTable/CashGrantAmt60
IRS990ScheduleI/RecipientTable/CashGrantAmt70
IRS990ScheduleI/RecipientTable/CashGrantAmt80
IRS990ScheduleI/RecipientTable/IRCSectionDesc050(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc150(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt010000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt210000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt310000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt410000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt510000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt610000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt710000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt810000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BACKPACK PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1BACKPACK PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2BACKPACK PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3BACKPACK PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4BACKPACK PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5BACKPACK PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6BACKPACK PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7BACKPACK PROGRAM

Document Assets

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Filings

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
2023Detailed filing. Detailed filing data is available for this year.$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