Civic Intelligence

Delco Postal Credit Union

990 • Fiscal year 2012 • EIN 23-1633653

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 15, 2013

1400 Bywood Avenue19082
Siviq Scores

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

Liabilities / Assets

87th percentile

0.92x

Higher debt load relative to assets than 87% of similar nonprofits.

2012 filings • 501(c)14 • $10M-$25M 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

31st percentile

1.4%

Faster asset growth than 31% of similar nonprofits.

2012 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$13,783,365

Up $195,793 (+1.4%) from 2011

Net Assets

Down

$1,148,771

Down $103,055 (-8.2%) from 2011

Liabilities

Up

$12,634,594

Up $298,848 (+2.4%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$877,144

Up $69,278 (+8.6%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $13,703,445Liabilities 2010: $12,518,947Net Assets 2010: $1,184,4982010Assets 2011: $13,587,572Liabilities 2011: $12,335,746Net Assets 2011: $1,251,8262011Assets 2012: $13,783,365Liabilities 2012: $12,634,594Net Assets 2012: $1,148,7712012Assets 2013: $13,993,980Liabilities 2013: $12,834,800Net Assets 2013: $1,159,1802013Assets 2014: $14,029,559Liabilities 2014: $12,854,293Net Assets 2014: $1,175,2662014Assets 2015: $14,300,899Liabilities 2015: $13,285,343Net Assets 2015: $1,015,5562015Assets 2016: $14,678,043Liabilities 2016: $13,603,803Net Assets 2016: $1,074,2402016Assets 2017: $16,433,010Liabilities 2017: $15,379,665Net Assets 2017: $1,053,3452017Assets 2018: $15,902,530Liabilities 2018: $14,462,936Net Assets 2018: $1,439,5942018Assets 2019: $15,217,055Liabilities 2019: $13,677,170Net Assets 2019: $1,539,8852019Assets 2020: $15,237,528Liabilities 2020: $13,644,192Net Assets 2020: $1,593,3362020Assets 2021: $14,777,626Liabilities 2021: $13,066,253Net Assets 2021: $1,711,3732021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2012

Assets$13,783,365
Liabilities$12,634,594
Net Assets$1,148,771

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $914,4512010Expenses 2011: $807,8662011Expenses 2012: $877,1442012Revenue 2013: $706,686Expenses 2013: $696,316Net Income 2013: $10,3702013Revenue 2014: $730,848Expenses 2014: $714,796Net Income 2014: $16,0522014Revenue 2015: $598,031Expenses 2015: $757,775Net Income 2015: -$159,7442015Revenue 2016: $676,539Expenses 2016: $617,890Net Income 2016: $58,6492016Revenue 2017: $682,335Expenses 2017: $703,261Net Income 2017: -$20,9262017Revenue 2018: $774,259Expenses 2018: $625,237Net Income 2018: $149,0222018Revenue 2019: $777,529Expenses 2019: $677,279Net Income 2019: $100,2502019Revenue 2020: $717,535Expenses 2020: $664,115Net Income 2020: $53,4202020Revenue 2021: $825,104Expenses 2021: $707,097Net Income 2021: $118,0072021Revenue 2022: $192,362Expenses 2022: $196,691Net Income 2022: -$4,3292022

Highlighted filing

2012

Revenue-
Expenses$877,144
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 15, 2013
Return Version
2012v2.3
Gross Receipts
$774,044
Mission and Program Overview

Mission

Delco postal credit union is a member owned organization whose purpose is to provide convenient, quality personalized service while maintaining financial stability. We seek to provide ultimate member satisfaction. Operating since 1963, delco postal credit union has expanded its product and service offerings to include more than just everyday necessities. We seek to be the best choice for every financial need. Delco postal credit union opens its field of membership to persons employed at delaware county post offices, members of the wolfe-baron lodge and all relatives of members. It is our mission to be the members' primary banking institution.

Filing and Contact Details

Filer

EIN
23-1633653
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IRS990ScheduleO/GeneralExplanation/Explanation0DELCO POSTAL CREDIT UNION IS A MEMBER OWNED ORGANIZATION WHOSE PURPOSE IS TO PROVIDE CONVENIENT, QUALITY, PERSONALIZED SERVICE WHILE MAINTAINING FINANCIAL STABILITY. WE SEEK TO PROVIDE ULTIMATE MEMBER SATISFACTION. OPERATING SINCE 1963, DELCO POSTAL CREDIT UNION HAS EXPANDED ITS PRODUCT AND SERVICE OFFERINGS TO INCLUDE MORE THAN JUST YOUR EVERYDAY NECESSITIES. WE SEEK TO BE THE BEST CHOICE FOR ALL YOUR FINANCIAL NEEDS. DELCO POSTAL CREDIT UNION OPENS ITS FIELD OF MEMBERSHIP TO PERSONS EMPLOYED AT DELAWARE COUNTY POST OFFICES, MEMBERS OF THE WOLFE-BARON LODGE AND ALL RELATIVES OF MEMBERS. IT IS OUR MISSION TO BE MEMBERS PRIMARY BANKING INSTITUTION.
IRS990ScheduleO/GeneralExplanation/Explanation1PROVIDE LOANS AND FINANCIAL SERVICES TO MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation2DANIEL MILLET MICHAEL MILLET PRES/CEO DIRECTOR FAMILIAL
IRS990ScheduleO/GeneralExplanation/Explanation3THE CREDIT UNION IS OWNED BY ITS 1679 MEMBERS
IRS990ScheduleO/GeneralExplanation/Explanation4THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS. EACH MEMBER HAS A SINGLE VOTE IN THE ELECTION OF MEMBERS TO THE CREDIT UNION'S BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation5THE 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/Explanation6TREASURER GERALD LIBERACE PRESENTS THE COMPLETED FORM 990 TO THE BOARD OF DIRECTORS FOR REVIEW.
IRS990ScheduleO/GeneralExplanation/Explanation7BOARD AND COMMITTEE MEMBERS ARE REQUIRED TO DISCLOSE ALL CONFLICTS OF INTEREST AND ARE REQUIRED TO ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT.
IRS990ScheduleO/GeneralExplanation/Explanation8THE CREDIT UNION'S FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF THE CREDIT UNION ON A MONTHLY BASIS. QUARTERLY FINANCIAL STATEMENTS (CALL REPORTS) ARE AVAILABLE AT WWW.NCUA.GOV FOR PUBLIC INSPECTION. OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation9PROFESSIONAL & OUTSIDE SERVIC 170,416 0 0
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IRS990ScheduleO/GeneralExplanation/Identifier6ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier7ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/GeneralExplanation/Identifier8GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
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ReturnHeader/Filer/Name/BusinessNameLine10DELCO POSTAL CREDIT UNION
ReturnHeader/Filer/NameControl0DELC
ReturnHeader/Filer/Phone06107343356
ReturnHeader/Filer/USAddress/AddressLine101400 BYWOOD AVENUE
ReturnHeader/Filer/USAddress/City0UPPER DARBY
ReturnHeader/Filer/USAddress/State0PA
ReturnHeader/Filer/USAddress/ZIPCode019082
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-11-15
ReturnHeader/Officer/Name0DANIEL MILLETT
ReturnHeader/Officer/Phone06107343356
ReturnHeader/Officer/Title0PRESIDENT/CEO
ReturnHeader/Preparer/DatePrepared02013-11-15
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
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-15T14:58:31-06:00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.19$0.20$0.00
2021Detailed filing. Detailed filing data is available for this year.$14.8$13.1$1.71$0.83$0.71$0.12
2020Detailed filing. Detailed filing data is available for this year.$15.2$13.6$1.59$0.72$0.66$0.05
2019Detailed filing. Detailed filing data is available for this year.$15.2$13.7$1.54$0.78$0.68$0.10
2018Detailed filing. Detailed filing data is available for this year.$15.9$14.5$1.44$0.77$0.63$0.15
2017Detailed filing. Detailed filing data is available for this year.$16.4$15.4$1.05$0.68$0.70$0.02
2016Detailed filing. Detailed filing data is available for this year.$14.7$13.6$1.07$0.68$0.62$0.06
2015Detailed filing. Detailed filing data is available for this year.$14.3$13.3$1.02$0.60$0.76$0.16
2014Detailed filing. Detailed filing data is available for this year.$14.0$12.9$1.18$0.73$0.71$0.02
2013Detailed filing. Detailed filing data is available for this year.$14.0$12.8$1.16$0.71$0.70$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$12.6$1.15$0.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$12.3$1.25$0.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$12.5$1.18$0.91