Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Delco Postal Credit Union
990 • Fiscal year 2013 • EIN 23-1633653
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.92x
Liabilities / Revenue
41st percentile
Higher debt load relative to revenue than 41% of similar nonprofits.
Net Margin
40th percentile
Higher net margin than 40% of similar nonprofits.
Top Officer Pay
17th percentile
Higher top officer pay than 17% of similar nonprofits.
Top officer pay equals 5.8% of source-year revenue.
Asset Growth
51st percentile
Faster asset growth than 51% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Up$13,993,980
Up $210,615 (+1.5%) from 2012
Net Assets
Up$1,159,180
Up $10,409 (+0.9%) from 2012
Liabilities
Up$12,834,800
Up $200,206 (+1.6%) from 2012
Revenue And Expenses
Revenue
$706,686
No earlier filing loaded for comparison.
Expenses
Down$696,316
Down $180,828 (-21%) from 2012
Net Income
$10,370
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Nov 14, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $706,686
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.
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 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.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $8,765,415 | $9,327,645 | ▲ $562,230 |
| Savings and Temporary Cash Investments | $3,236,643 | $3,079,270 | ▼ $157,373 |
| Investments Other Securities | $1,478,995 | $1,242,094 | ▼ $236,901 |
| Rtn Earn Endowment Incm Other Fnds | $1,148,771 | $1,159,180 | ▲ $10,409 |
| Land, Buildings, and Equipment, Net | $132,185 | $114,492 | ▼ $17,693 |
| Prepaid Expenses and Deferred Charges | $46,356 | $64,373 | ▲ $18,017 |
| Cash and Non-Interest-Bearing Accounts | $600 | $600 | → $0 |
| Total Assets | $13,783,365 | $13,993,980 | ▲ $210,615 |
| Other Assets Total | $123,171 | $165,506 | ▲ $42,335 |
| Liabilities | |||
| Other Liabilities | $12,605,323 | $12,818,298 | ▲ $212,975 |
| Accounts Payable and Accrued Expenses | $29,271 | $16,502 | ▼ $12,769 |
| Total Liabilities | $12,634,594 | $12,834,800 | ▲ $200,206 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,148,771 | $1,159,180 | ▲ $10,409 |
| Total Liabilities and Net Assets / Fund Balance | $13,783,365 | $13,993,980 | ▲ $210,615 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $64,123 | - | $64,123 |
| Land | $45,000 | - | $45,000 |
| Equipment | $5,369 | - | $5,369 |
| Other Securities | $94,088 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Gerald Liberace | Secretary/tr | PT | $37,506 | $3,751 | $41,257 |
| Daniel Millett | President/ce | PT | $36,331 | $3,633 | $39,964 |
Board Members and Trustees
| Name | Title |
|---|---|
| Joseph Defalco | Chairperson |
| Frank Andreozzi | Vice Chairpe |
| James Walischek | Director |
| John Athey | Director |
| Joseph Dobbins | Director |
| Michael Millet | Director |
| Simon Flaim | Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $649,986
- Investment Income
- $17,741
- Other Revenue
- $38,959
- Change in Net Assets
- $10,370
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $401,896 |
| Salaries, Compensation, and Employee Benefits | $294,420 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | - | - | - | $164,924 |
| Other Salaries and Wages | - | - | - | $152,518 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $81,221 |
| Office Expenses | - | - | - | $59,702 |
| Interest | - | - | - | $48,664 |
| Other Employee Benefits | - | - | - | $25,341 |
| Payroll Taxes | - | - | - | $20,374 |
| Occupancy | - | - | - | $18,615 |
| Insurance | - | - | - | $16,396 |
| Pension Plan Contributions | - | - | - | $14,966 |
| Depreciation Depletion | - | - | - | $11,033 |
| Other Expenses | - | - | - | $10,760 |
| All Other Expenses | - | - | - | $10,547 |
| Fees for Services Accounting | - | - | - | $3,087 |
| Fees for Services Legal | - | - | - | $844 |
| Advertising | - | - | - | $694 |
| Travel | - | - | - | $202 |
| Total Functional Expenses | $0 | $0 | $0 | $696,316 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Regular Shares | $9,189,277 |
| Iras | $2,225,028 |
| Share Certificates | $1,079,131 |
| Share Drafts | $324,862 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- 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 2
“Daniel millet michael millet pres/ceo director familial”
Form 990, Page 6, Part VI, Line 6
“The credit union is owned by its 1,598 members.”
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 members to 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
“Treasurer gerald liberace presents the completed form 990 to the board of directors for review.”
Form 990, Page 6, Part VI, Line 12C
“Board and committee members are required to disclose all conflicts of interest and are required to annually sign a conflict of interest statement.”
Form 990, Page 6, Part VI, Line 19
“The 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.”
Filing and Contact Details
Filer
- EIN
- 23-1633653
- Phone
- 6107343356
Signing Officer
- Name
- Daniel Millett
- Title
- President/CEO
- Phone
- 6107343356
- Signed
- 2014-11-14
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Daniel Millett
- Formed
- 1963
- Legal Domicile
- Pa
- Voting Board Members
- 8
- Independent Board Members
- 7
- Employees
- 7
Preparer
- Preparer
- Frederick a Tabor
- Phone
- 7177909333
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S 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 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.”
Form 990, Page 2, Part III, Line 4D
“Provide loans and financial services to members.”
Form 990, Part IX, Line 11G
“OTHER FEES 164,924 0 0”
Form 990, Part XI, Line 9
“NEW MEMBER FEES 39”
Raw XML Appendix360 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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 29271 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 16502 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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 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. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 694 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 10547 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | DANIEL MILLETT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6107343356 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 1400 BYWOOD AVENUE |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | UPPER DARBY |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | PA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 19082 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 600 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 600 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 81221 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 17741 |
| IRS990/CYOtherExpensesAmt | 0 | 401896 |
| IRS990/CYOtherRevenueAmt | 0 | 38959 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 649986 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 10370 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 294420 |
| IRS990/CYTotalExpensesAmt | 0 | 696316 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 706686 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 11033 |
| IRS990/Desc | 0 | THE CREDIT UNION SERVED 1,598 MEMBERS BY OFFERING LOW INTEREST LOANS, LOW OR NO COST FINANCIAL SERVICES, WHILE PAYING DIVIDENDS ON SAVINGS/SHARE ACCOUNTS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 7 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3087 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 844 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 164924 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 3751 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 3633 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | GERALD LIBERACE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JOSEPH DEFALCO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | FRANK ANDREOZZI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JOHN ATHEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JOSEPH DOBBINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SIMON FLAIM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MICHAEL MILLET |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JAMES WALISCHEK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | DANIEL MILLETT |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 37506 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 36331 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY/TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRPERSON |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIRPE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | PRESIDENT/CE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1963 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 706686 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 16396 |
| IRS990/InterestGrp/TotalAmt | 0 | 48664 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 17741 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 17741 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 1478995 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 1242094 |
| IRS990/IRPDocumentCnt | 0 | 1200 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 132185 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 114492 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 114492 |
| IRS990/LegalDomicileStateCd | 0 | PA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 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 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1148771 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1159180 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 18615 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 59702 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 123171 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 165506 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 39 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 25341 |
| IRS990/OtherExpensesGrp/Desc | 0 | LOAN SERVICING |
| IRS990/OtherExpensesGrp/Desc | 1 | PROVISIONS FOR LOAN LOSS |
| IRS990/OtherExpensesGrp/Desc | 2 | OPERATING FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | MISC OPERATING EXPENSE |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 28347 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 15000 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 13081 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 10760 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 12605323 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 12818298 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 522100 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISC REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 38959 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 38959 |
| IRS990/OtherRevenueTotalAmt | 0 | 38959 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 152518 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 8765415 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 9327645 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 20374 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 14966 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 46356 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 64373 |
| IRS990/PrincipalOfficerNm | 0 | DANIEL MILLETT |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INCOME FROM LOANS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | FEE REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 624440 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 25546 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 624440 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 25546 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | PROVIDE LOANS AND FINANCIAL SERVICES TO MEMBERS. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 19261 |
| IRS990/PYOtherExpensesAmt | 0 | 554171 |
| IRS990/PYOtherRevenueAmt | 0 | 80 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 754703 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -103100 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 322973 |
| IRS990/PYTotalExpensesAmt | 0 | 877144 |
| IRS990/PYTotalRevenueAmt | 0 | 774044 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 10370 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | true |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1148771 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 1159180 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 3236643 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 3079270 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 64123 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 64123 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 5369 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 5369 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 45000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 45000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 9189277 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 2225028 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 1079131 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 324862 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | REGULAR SHARES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | IRAS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | SHARE CERTIFICATES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | SHARE DRAFTS |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 1148006 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 94088 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | CERTIFICATES OF DEPOSIT |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | CORPORATE CU CAPITALIZATION DEPOSIT |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 114492 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 1242094 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 12818298 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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 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/SupplementalInformationDetail/ExplanationTxt | 1 | PROVIDE LOANS AND FINANCIAL SERVICES TO MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DANIEL MILLET MICHAEL MILLET PRES/CEO DIRECTOR FAMILIAL |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE CREDIT UNION IS OWNED BY ITS 1,598 MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE 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/SupplementalInformationDetail/ExplanationTxt | 5 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | TREASURER GERALD LIBERACE PRESENTS THE COMPLETED FORM 990 TO THE BOARD OF DIRECTORS FOR REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | BOARD AND COMMITTEE MEMBERS ARE REQUIRED TO DISCLOSE ALL CONFLICTS OF INTEREST AND ARE REQUIRED TO ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE 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/SupplementalInformationDetail/ExplanationTxt | 9 | OTHER FEES 164,924 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | NEW MEMBER FEES 39 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 13783365 |
| IRS990/TotalAssetsEOYAmt | 0 | 13993980 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 13783365 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 13993980 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 7 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 696316 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 12634594 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 12834800 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 12634594 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 12834800 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1148771 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1159180 |
| IRS990/TotalOtherCompensationAmt | 0 | 7384 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 649986 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 73837 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 17741 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 688945 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 706686 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 13783365 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 13993980 |
| IRS990/TravelGrp/TotalAmt | 0 | 202 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | 1400 BYWOOD AVENUE |
| IRS990/USAddress/City | 0 | UPPER DARBY |
| IRS990/USAddress/State | 0 | PA |
| IRS990/USAddress/ZIPCode | 0 | 19082 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 8 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | WWW.DELCOPOSTAL.COM |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DANIEL MILLETT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6107343356 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | DELCO POSTAL CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DELC |
| ReturnHeader/Filer/EIN | 0 | 231633653 |
| ReturnHeader/Filer/PhoneNum | 0 | 6107343356 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 1400 BYWOOD AVENUE |
| ReturnHeader/Filer/USAddress/City | 0 | UPPER DARBY |
| ReturnHeader/Filer/USAddress/State | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 19082 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 232290841 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | PADDEN GUERRINI & ASSOCIATES PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 91 CUMBERLAND PARKWAY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | MECHANICSBURG |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 170555676 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7177909333 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-11-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | FREDERICK A TABOR |
| ReturnHeader/ReturnTs | 0 | 2014-11-17T10:02:53-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $13,993,980
- Liabilities
- $12,834,800
- Net assets
- $1,159,180
- Revenue
- $706,686
- Expenses
- $696,316
- Net income
- $10,370