Civic Intelligence

State Chartered Credit Unions in North Carolina

990 • Fiscal year 2012 • EIN 23-7056307

Jan 01, 2012 to Dec 31, 2012 • Filed on Jun 04, 2013

523 Evans Street27858
Siviq Scores

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

Liabilities / Assets

57th percentile

0.88x

Higher debt load relative to assets than 57% 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

29th percentile

1.1%

Faster asset growth than 29% 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

$12,761,635

Up $139,668 (+1.1%) from 2011

Net Assets

Up

$1,560,515

Up $79,944 (+5.4%) from 2011

Liabilities

Up

$11,201,120

Up $59,724 (+0.5%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$454,755

Down $36,903 (-7.5%) 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.

$15M$10M$5.0M$0Assets 2011: $12,621,967Liabilities 2011: $11,141,396Net Assets 2011: $1,480,5712011Assets 2012: $12,761,635Liabilities 2012: $11,201,120Net Assets 2012: $1,560,5152012Assets 2013: $13,090,898Liabilities 2013: $11,488,157Net Assets 2013: $1,602,7412013Assets 2014: $13,069,441Liabilities 2014: $11,443,184Net Assets 2014: $1,626,2572014Assets 2015: $12,800,152Liabilities 2015: $11,144,450Net Assets 2015: $1,655,7022015Assets 2017: $12,968,048Liabilities 2017: $11,287,273Net Assets 2017: $1,680,7752017Assets 2018: $12,036,952Liabilities 2018: $10,336,579Net Assets 2018: $1,700,3732018Assets 2019: $11,395,214Liabilities 2019: $9,624,095Net Assets 2019: $1,771,1192019Assets 2020: $12,262,018Liabilities 2020: $10,453,729Net Assets 2020: $1,808,2892020Assets 2021: $12,941,504Liabilities 2021: $11,122,975Net Assets 2021: $1,818,5292021Assets 2022: $12,976,273Liabilities 2022: $11,169,099Net Assets 2022: $1,807,1742022

Highlighted filing

2012

Assets$12,761,635
Liabilities$11,201,120
Net Assets$1,560,515

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $491,6582011Expenses 2012: $454,7552012Revenue 2013: $475,699Expenses 2013: $433,473Net Income 2013: $42,2262013Revenue 2014: $441,221Expenses 2014: $417,704Net Income 2014: $23,5172014Revenue 2015: $431,085Expenses 2015: $401,640Net Income 2015: $29,4452015Revenue 2017: $420,603Expenses 2017: $413,489Net Income 2017: $7,1142017Revenue 2018: $442,318Expenses 2018: $422,720Net Income 2018: $19,5982018Revenue 2019: $467,388Expenses 2019: $396,642Net Income 2019: $70,7462019Revenue 2020: $439,174Expenses 2020: $402,004Net Income 2020: $37,1702020Revenue 2021: $384,638Expenses 2021: $374,398Net Income 2021: $10,2402021Revenue 2022: $353,214Expenses 2022: $364,569Net Income 2022: -$11,3552022

Highlighted filing

2012

Revenue-
Expenses$454,755
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Jun 4, 2013
Return Version
2012v2.0
Gross Receipts
$0
Mission and Program Overview

Mission

GUCO Credit Union is a not for profit financial cooperative that serves its members by offering deposit accounts and loans at reasonable rates.

Filing and Contact Details

Filer

EIN
23-7056307
Raw XML Appendix305 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.

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IRS990/ActivityOrMissionDescription0GUCO CREDIT UNION IS A NOT FOR PROFIT FINANCIAL COOPERATIVE THAT SERVES ITS MEMBERS BY OFFERING DEPOSIT ACCOUNTS AND LOANS AT REASONABLE RATES.
IRS990/AddressPrincipalOfficerUS/AddressLine10523 EVANS STREET
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IRS990/Form990PartVIISectionA/Title0PRESIDENT
IRS990/Form990PartVIISectionA/Title1VICE-PRESIDENT
IRS990/Form990PartVIISectionA/Title2SECRETARYTREASURER
IRS990/Form990PartVIISectionA/Title3DIRECTOR
IRS990/Form990PartVIISectionA/Title4DIRECTOR
IRS990/Form990ProvidedToGoverningBody0true
IRS990/FormersListed0false
IRS990/FSAudited0true
IRS990/FundraisingActivities0false
IRS990/FundsToPayPremiums0false
IRS990/Gaming0false
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsToIndividuals0false
IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossReceipts00
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IndependentAuditFinancialStmt0false
IRS990/IndoorTanningServices0false
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IRS990/Interest/Total0128329
IRS990/InvestmentIncomeCurrentYear086176
IRS990/InvestmentIncomePriorYear091293
IRS990/InvestmentIncome/TotalRevenueColumn086176
IRS990/InvestmentInJointVenture0false
IRS990/LandBuildingsEquipmentBasis020115
IRS990/LandBuildingsEquipmentBasisNet/BOY020275
IRS990/LandBuildingsEquipmentBasisNet/EOY020115
IRS990/LoanToOfficerOrDQP0true
IRS990/LobbyingActivities0false
IRS990/LocalChapters0false
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IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/NameOfPrincipalOfficerPerson0TIMOTHY L LINEBERRY
IRS990/NbrIndependentVotingMembers03
IRS990/NbrVotingGoverningBodyMembers05
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IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith109601
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IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees02
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ProgramServices022803
IRS990/Occupancy/Total022803
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IRS990/OfficerMailingAddress0false
IRS990/Organization501c0X
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IRS990/OtherExpensesCurrentYear0279215
IRS990/OtherExpenses/Description0LOAN LOSS PROVISION
IRS990/OtherExpenses/Description1CORPORATE CU STABILIZATION EXPENSE
IRS990/OtherExpenses/Description2MISC EXPENSE
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IRS990/OtherSalariesAndWages/ProgramServices0116800
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IRS990/PartialLiquidation0false
IRS990/PensionPlanContributions/ProgramServices016286
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IRS990/PoliticalActivities0false
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IRS990/PrepaidExpensesDeferredCharges/BOY0141301
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IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenue/BusinessCode0522130
IRS990/ProgramServiceRevenue/BusinessCode1522130
IRS990/ProgramServiceRevenueCY0448523
IRS990/ProgramServiceRevenue/Description0INTEREST ON LOANS
IRS990/ProgramServiceRevenue/Description1OTHER OPERATING INCOME
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IRS990ScheduleL/LoanTable/ApprovedByBoard0true
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IRS990ScheduleL/LoanTable/PurposeOfLoan1PERSONAL LOAN
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IRS990ScheduleL/LoanTable/RelationshipWithOrganization1SECRETARYTREASURER
IRS990ScheduleL/LoanTable/RelationshipWithOrganization2DIRECTOR
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IRS990ScheduleO/GeneralExplanation/Explanation0FINANCIAL STATEMENTS ARE ON PUBLIC DISPLAY AT ALL TIMES. OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. GUCO CREDIT UNION IS A MEMBER-OWNED AND CONTROLLED FINANCIAL SERVICES COOPERATIVE. OUR MISSION IS TO MEET MEMBERS' FINANCIAL NEEDS THROUGH QUALITY SERVICE AT THE BEST VALUE WHILE MAINTAIING FINANCIAL STABILITY.
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IRS990/TotalRevenue/ExclusionAmount00
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IRS990/YearFormation01970
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/Filer/EIN0237056307
ReturnHeader/Filer/Name/BusinessNameLine10GUCO CREDIT UNION
ReturnHeader/Filer/NameControl0GUCO
ReturnHeader/Filer/Phone02525511599
ReturnHeader/Filer/USAddress/AddressLine10523 EVANS STREET
ReturnHeader/Filer/USAddress/City0GREENVILLE
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode027858
ReturnHeader/Officer/DateSigned02013-06-04
ReturnHeader/Officer/Name0TIMOTHY L LINEBERRY
ReturnHeader/Officer/Phone02525511599
ReturnHeader/Officer/Title0GENERAL MANAGERCEO
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-06-05T15:56:00-05:00

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