Civic Intelligence

1368 Code Credit Union

990 • Fiscal year 2023 • EIN 31-1225765

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 02, 2024

Organization ProfileWWW.CODECU.ORG

View Organization Page

355 W MonumentDayton, OH 45402

(937) 222-8971

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$160,715,683

Down $3,102,069 (-1.9%) from 2022

Net Assets

Up

$17,708,357

Up $1,398,384 (+8.6%) from 2022

Liabilities

Down

$143,007,326

Down $4,500,453 (-3.1%) from 2022

Revenue And Expenses

Revenue

Up

$8,913,808

Up $1,452,472 (+19%) from 2022

Expenses

Up

$7,407,654

Up $987,749 (+15%) from 2022

Net Income

Up

$1,506,154

Up $464,723 (+45%) from 2022

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $95,028,423Liabilities 2010: $83,972,254Net Assets 2010: $11,056,1692010Assets 2011: $101,244,453Liabilities 2011: $89,411,077Net Assets 2011: $11,833,3762011Assets 2012: $105,107,688Liabilities 2012: $92,693,780Net Assets 2012: $12,413,9082012Assets 2013: $106,067,856Liabilities 2013: $93,355,769Net Assets 2013: $12,712,0872013Assets 2014: $110,133,813Liabilities 2014: $96,850,332Net Assets 2014: $13,283,4812014Assets 2015: $111,746,206Liabilities 2015: $98,144,325Net Assets 2015: $13,601,8812015Assets 2016: $119,781,686Liabilities 2016: $105,830,209Net Assets 2016: $13,951,4772016Assets 2017: $129,249,554Liabilities 2017: $115,133,066Net Assets 2017: $14,116,4882017Assets 2018: $129,853,219Liabilities 2018: $115,413,606Net Assets 2018: $14,439,6132018Assets 2019: $137,196,868Liabilities 2019: $122,352,700Net Assets 2019: $14,844,1682019Assets 2020: $149,412,821Liabilities 2020: $134,297,460Net Assets 2020: $15,115,3612020Assets 2021: $158,867,570Liabilities 2021: $142,992,862Net Assets 2021: $15,874,7082021Assets 2022: $163,817,752Liabilities 2022: $147,507,779Net Assets 2022: $16,309,9732022Assets 2023: $160,715,683Liabilities 2023: $143,007,326Net Assets 2023: $17,708,3572023Assets 2024: $163,375,004Liabilities 2024: $144,488,554Net Assets 2024: $18,886,4502024

Highlighted filing

2023

Assets$160,715,683
Liabilities$143,007,326
Net Assets$17,708,357
Open 2023 Filing

Operations Trend

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

$10M$5.0M$0Expenses 2010: $5,084,6302010Expenses 2011: $4,729,8512011Expenses 2012: $4,683,3172012Revenue 2013: $5,127,395Expenses 2013: $4,829,217Net Income 2013: $298,1782013Revenue 2014: $5,273,238Expenses 2014: $4,701,844Net Income 2014: $571,3942014Revenue 2015: $5,282,704Expenses 2015: $4,964,304Net Income 2015: $318,4002015Revenue 2016: $5,562,989Expenses 2016: $5,213,393Net Income 2016: $349,5962016Revenue 2017: $5,847,378Expenses 2017: $5,682,367Net Income 2017: $165,0112017Revenue 2018: $6,446,545Expenses 2018: $6,057,941Net Income 2018: $388,6042018Revenue 2019: $6,748,284Expenses 2019: $6,277,113Net Income 2019: $471,1712019Revenue 2020: $6,599,673Expenses 2020: $6,209,413Net Income 2020: $390,2602020Revenue 2021: $6,633,864Expenses 2021: $5,585,939Net Income 2021: $1,047,9252021Revenue 2022: $7,461,336Expenses 2022: $6,419,905Net Income 2022: $1,041,4312022Revenue 2023: $8,913,808Expenses 2023: $7,407,654Net Income 2023: $1,506,1542023Revenue 2024: $9,752,309Expenses 2024: $8,883,132Net Income 2024: $869,1772024

Highlighted filing

2023

Revenue$8,913,808
Expenses$7,407,654
Net Income$1,506,154
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 2, 2024
Return Version
2023v5.1
Gross Receipts
$8,913,808
Mission and Program Overview

Mission

To passionately deliver a comprehensive range of exceptional services to our members.

To provide financial services to member owners with a common bond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$91,565,499$94,814,754▲ $3,249,255
Investments in Publicly Traded Securities$27,661,474$24,965,915▼ $2,695,559
Rtn Earn Endowment Incm Other Fnds$16,309,973$17,708,357▲ $1,398,384
Investments Other Securities$16,546,134$15,083,387▼ $1,462,747
Savings and Temporary Cash Investments$10,315,917$10,879,242▲ $563,325
Land, Buildings, and Equipment, Net$5,008,361$4,873,207▼ $135,154
Investments Program Related$1,042,495$1,042,495→ $0
Cash and Non-Interest-Bearing Accounts$968,866$1,022,462▲ $53,596
Prepaid Expenses and Deferred Charges$838,036$701,420▼ $136,616
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$163,817,752$160,715,683▼ $3,102,069
Other Assets Total$9,870,970$7,332,801▼ $2,538,169
Liabilities
Other Liabilities$144,069,477$139,729,948▼ $4,339,529
Unsecured Notes Loans Payable$2,000,000$2,000,000→ $0
Accounts Payable and Accrued Expenses$1,438,302$1,277,378▼ $160,924
Total Liabilities$147,507,779$143,007,326▼ $4,500,453
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,309,973$17,708,357▲ $1,398,384
Total Liabilities and Net Assets / Fund Balance$163,817,752$160,715,683▼ $3,102,069

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,740,906$1,227,393$3,968,299
Leasehold Improvements$1,128,083$583,966$1,712,049
Equipment$505,137$720,578$1,225,715
Land$499,081-$499,081
Other Securities$12,754,000--
Closely Held Equity Interests$2,329,387--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David Scott RutherfordPresident/CEO/treasurerFT$187,945$123,492$311,437
Craig BallantineVice PresidentFT$109,778$60,153$169,931
Madison Y MessingerVice PresidentFT$115,507$33,837$149,344

Board Members and Trustees

NameTitle
A Doyle BurkeBoard Chairman
David SeagravesBoard Vice Chair
Michael DebordeBoard Secretary
J Chris KrugDirector
Stephen FinkeDirector
William GillispieDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,711,558
Investment Income
$1,202,250
Other Revenue
$0
Change in Net Assets
$1,506,154

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,913,808
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,913,808
Total Revenue per Form 990
$8,913,808
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,120,616
Salaries, Compensation, and Employee Benefits$2,287,038
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$1,398,139
Other Salaries and Wages---$1,286,633
Information Technology---$897,495
Office Expenses---$745,609
Current Officers, Directors, Trustees, and Key Employees---$630,712
Advertising---$282,682
Occupancy---$242,676
Other Expenses---$180,806
Other Employee Benefits---$160,671
Fees for Services Other---$148,782
Depreciation Depletion---$141,720
Payroll Taxes---$125,191
Conferences and Meetings---$124,480
Pension Plan Contributions---$83,831
Fees for Services Accounting---$42,013
Insurance---$41,381
Fees for Services Legal---$14,200
Travel---$5,225
Total Functional Expenses$0$0$0$7,407,654

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,407,654
Total Expenses per Audited Statements$7,407,654
Total Expenses per Form 990$7,407,654
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
MEMBERS' SHARES & DEPOSITS$139,729,948
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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 6

“The credit union has a single class of members, with equal rights of ownership, governance, and voting.”

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

“The board of directors is elected by a membership ballot vote counted by a certified public accounting firm. The results are announced at the annual meeting. Each board member is elected for a three year term.”

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

“Credit union decisions that are subject to membership approval are charter changes and mergers.”

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

“Board members can view on the secure site prior to the board meeting where approval is then given prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Board members are given the opportunity at the start of each monthly board meeting to disclose conflicts of interest that have arisen.”

Form 990, Part VI, Section B, Line 15

“Each year a compensation committee is appointed by the chariman to review the ceo's market pay and position within the marketplace. The compensation committee then meets with the full board of directors for discussion and approval. An annual compensation survey is used to ensure employees are paid fair market value.”

Form 990, Part VI, Section C, Line 19

“The organization's financial statements are posted in the credit union's lobby. All other documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
1368 Code Credit Union
EIN
31-1225765
Phone
9372228971
Address
355 W MONUMENT, DAYTON, OH 45402

Signing Officer

Name
Scott Rutherford
Title
President/CEO/treasurer
Phone
9372228971
Signed
2024-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Rutherford
Formed
1940
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
6
Employees
40
Volunteers
8

Preparer

Firm
Gbq Partners LLC
Address
4030 SMITH ROAD SUITE 400, CINCINNATI, OH 45209
Preparer
Kathy M Moseley
Phone
5138713033
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Other changes in net assets -107,770.”

Form 990, Part XII, Line 2C

“The process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“As a credit union, the credit union is exempt from most federal, state and local taxes under the provisions of 501c(14) of the internal revenue code. The credit union accounts for uncertainty in income taxes in its financial statements as required under financial accounting standards board (fasb) accounting standards codification (asc), accounting for uncertainty in income taxes. The standard prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The standard also provides guidance on de-recognition, classification, interest, and penalties, accounting in interim periods, disclosure and transition accounting. The credit union's income tax returns prior to 2019 are closed. Management determined there were no material uncertain positions taken by the credit union in its tax returns.”

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12733035
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04968123
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12743435
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt010400
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0733524
IRS990/PYOtherExpensesAmt04118155
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06727812
IRS990/PYRevenuesLessExpensesAmt01041431
IRS990/PYSalariesCompEmpBnftPaidAmt02301750
IRS990/PYTotalExpensesAmt06419905
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07461336
IRS990/ReconcilationRevenueExpnssAmt01506154
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt016309973
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt017708357
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010315917
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010879242
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02740906
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01227393
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03968299
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt02329387
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/EquipmentGrp/BookValueAmt0505137
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0720578
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01225715
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07407654
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LandGrp/BookValueAmt0499081
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0499081
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01128083
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0583966
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01712049
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0139729948
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARES & DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt012754000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08913808
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS A CREDIT UNION, THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL TAXES UNDER THE PROVISIONS OF 501C(14) OF THE INTERNAL REVENUE CODE. THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS AS REQUIRED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST, AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. THE CREDIT UNION'S INCOME TAX RETURNS PRIOR TO 2019 ARE CLOSED. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04873207
IRS990ScheduleD/TotalBookValueSecuritiesAmt015083387
IRS990ScheduleD/TotalExpensesPerForm990Amt07407654
IRS990ScheduleD/TotalLiabilityAmt0139729948
IRS990ScheduleD/TotalRevenuePerForm990Amt08913808
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08913808
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07407654
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0187945
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1109778
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount055931
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount113596
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt025630
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt113485
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt039156
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt133072
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt02775
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVID SCOTT RUTHERFORD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CRAIG BALLANTINE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0311437
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1169931
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION PROVIDES A 457(F) PLAN FOR THE PRESIDENT/CEO, DAVID SCOTT RUTHERFORD. THE PLAN PROVIDES AN ANNUAL CREDIT UNION CONTRIBUTION OF $40,000.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS, WITH EQUAL RIGHTS OF OWNERSHIP, GOVERNANCE, AND VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY A MEMBERSHIP BALLOT VOTE COUNTED BY A CERTIFIED PUBLIC ACCOUNTING FIRM. THE RESULTS ARE ANNOUNCED AT THE ANNUAL MEETING. EACH BOARD MEMBER IS ELECTED FOR A THREE YEAR TERM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT UNION DECISIONS THAT ARE SUBJECT TO MEMBERSHIP APPROVAL ARE CHARTER CHANGES AND MERGERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS CAN VIEW ON THE SECURE SITE PRIOR TO THE BOARD MEETING WHERE APPROVAL IS THEN GIVEN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE GIVEN THE OPPORTUNITY AT THE START OF EACH MONTHLY BOARD MEETING TO DISCLOSE CONFLICTS OF INTEREST THAT HAVE ARISEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH YEAR A COMPENSATION COMMITTEE IS APPOINTED BY THE CHARIMAN TO REVIEW THE CEO'S MARKET PAY AND POSITION WITHIN THE MARKETPLACE. THE COMPENSATION COMMITTEE THEN MEETS WITH THE FULL BOARD OF DIRECTORS FOR DISCUSSION AND APPROVAL. AN ANNUAL COMPENSATION SURVEY IS USED TO ENSURE EMPLOYEES ARE PAID FAIR MARKET VALUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S FINANCIAL STATEMENTS ARE POSTED IN THE CREDIT UNION'S LOBBY. ALL OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OTHER CHANGES IN NET ASSETS -107,770.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0163817752
IRS990/TotalAssetsEOYAmt0160715683
IRS990/TotalAssetsGrp/BOYAmt0163817752
IRS990/TotalAssetsGrp/EOYAmt0160715683
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt040
IRS990/TotalFunctionalExpensesGrp/TotalAmt07407654
IRS990/TotalGrossUBIAmt010400
IRS990/TotalLiabilitiesBOYAmt0147507779
IRS990/TotalLiabilitiesEOYAmt0143007326
IRS990/TotalLiabilitiesGrp/BOYAmt0147507779
IRS990/TotalLiabilitiesGrp/EOYAmt0143007326
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016309973
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt017708357
IRS990/TotalOtherCompensationAmt0145180
IRS990/TotalProgramServiceRevenueAmt07711558
IRS990/TotalReportableCompFromOrgAmt0485532
IRS990/TotalRevenueGrp/ExclusionAmt01202250
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07701158
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08913808
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt010400
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0163817752
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0160715683
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt05225
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt02000000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt02000000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0355 W MONUMENT
IRS990/USAddress/CityNm0DAYTON
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd045402

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$160,715,683
Liabilities
$143,007,326
Net assets
$17,708,357
Revenue
$8,913,808
Expenses
$7,407,654
Net income
$1,506,154
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$163$144$18.9$9.75$8.88$0.87
2023Detailed filing. Detailed filing data is available for this year.$161$143$17.7$8.91$7.41$1.51
2022Detailed filing. Detailed filing data is available for this year.$164$148$16.3$7.46$6.42$1.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$159$143$15.9$6.63$5.59$1.05
2020Detailed filing. Detailed filing data is available for this year.$149$134$15.1$6.60$6.21$0.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$137$122$14.8$6.75$6.28$0.47
2018Detailed filing. Detailed filing data is available for this year.$130$115$14.4$6.45$6.06$0.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$129$115$14.1$5.85$5.68$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$120$106$14.0$5.56$5.21$0.35
2015Detailed filing. Detailed filing data is available for this year.$112$98.1$13.6$5.28$4.96$0.32
2014Detailed filing. Detailed filing data is available for this year.$110$96.9$13.3$5.27$4.70$0.57
2013Detailed filing. Detailed filing data is available for this year.$106$93.4$12.7$5.13$4.83$0.30
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$105$92.7$12.4$4.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$101$89.4$11.8$4.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$95.0$84.0$11.1$5.08