Civic Intelligence

138 Towpath Credit Union Inc

990 • Fiscal year 2014 • EIN 34-0058905

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 28, 2015

Organization Profilewww.towpathcu.com

View Organization Page

2969 Smith RdFairlawn, OH 44333

(330) 664-4700

Siviq Scores

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

Liabilities / Assets

37th percentile

0.88x

Higher debt load relative to assets than 37% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

18.74x

Higher debt load relative to revenue than 55% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Net Margin

30th percentile

7.2%

Higher net margin than 30% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

25th percentile

$149,156

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Asset Growth

11th percentile

-0.3%

Faster asset growth than 11% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

82nd percentile

7.6%

Faster revenue growth than 82% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets37th percentile

Assets

Down

$113,545,148

Down $349,653 (-0.3%) from 2013

Net Assets

Up

$13,344,157

Up $383,001 (+3.0%) from 2013

Liabilities

Down

$100,200,991

Down $732,654 (-0.7%) from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin30th percentile

Revenue

Up

$5,346,653

Up $376,462 (+7.6%) from 2013

Expenses

Up

$4,963,652

Up $418,758 (+9.2%) from 2013

Net Income

Down

$383,001

Down $42,296 (-9.9%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$200M$150M$100M$50M$0Assets 2010: $72,209,894Liabilities 2010: $63,560,827Net Assets 2010: $8,649,0672010Assets 2011: $112,061,916Liabilities 2011: $99,744,246Net Assets 2011: $12,317,6702011Assets 2012: $114,237,874Liabilities 2012: $101,702,015Net Assets 2012: $12,535,8592012Assets 2013: $113,894,801Liabilities 2013: $100,933,645Net Assets 2013: $12,961,1562013Assets 2014: $113,545,148Liabilities 2014: $100,200,991Net Assets 2014: $13,344,1572014Assets 2015: $116,456,558Liabilities 2015: $102,566,409Net Assets 2015: $13,890,1492015Assets 2016: $122,031,762Liabilities 2016: $107,093,376Net Assets 2016: $14,938,3862016Assets 2017: $126,948,784Liabilities 2017: $111,221,316Net Assets 2017: $15,727,4682017Assets 2018: $127,845,477Liabilities 2018: $110,973,324Net Assets 2018: $16,872,1532018Assets 2019: $131,344,949Liabilities 2019: $113,435,948Net Assets 2019: $17,909,0012019Assets 2020: $155,193,622Liabilities 2020: $136,929,159Net Assets 2020: $18,264,4632020Assets 2021: $178,726,504Liabilities 2021: $159,616,535Net Assets 2021: $19,109,9692021Assets 2022: $191,683,820Liabilities 2022: $171,918,496Net Assets 2022: $19,765,3242022Assets 2023: $198,013,463Liabilities 2023: $177,861,076Net Assets 2023: $20,152,3872023Assets 2024: $198,342,445Liabilities 2024: $177,105,093Net Assets 2024: $21,237,3522024

Highlighted filing

2014

Assets$113,545,148
Liabilities$100,200,991
Net Assets$13,344,157
Open 2014 Filing

Operations Trend

Revenue Growth82nd percentile

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

$15M$10M$5.0M$0Expenses 2010: $3,794,8142010Expenses 2011: $5,988,2762011Expenses 2012: $4,704,7172012Revenue 2013: $4,970,191Expenses 2013: $4,544,894Net Income 2013: $425,2972013Revenue 2014: $5,346,653Expenses 2014: $4,963,652Net Income 2014: $383,0012014Revenue 2015: $5,722,672Expenses 2015: $5,176,680Net Income 2015: $545,9922015Revenue 2016: $6,607,239Expenses 2016: $5,559,002Net Income 2016: $1,048,2372016Revenue 2017: $7,238,035Expenses 2017: $6,428,158Net Income 2017: $809,8772017Revenue 2018: $8,170,867Expenses 2018: $6,976,229Net Income 2018: $1,194,6382018Revenue 2019: $8,203,326Expenses 2019: $7,255,182Net Income 2019: $948,1442019Revenue 2020: $7,391,287Expenses 2020: $7,041,391Net Income 2020: $349,8962020Revenue 2021: $7,800,113Expenses 2021: $7,248,682Net Income 2021: $551,4312021Revenue 2022: $8,942,681Expenses 2022: $8,426,996Net Income 2022: $515,6852022Revenue 2023: $11,618,297Expenses 2023: $10,590,911Net Income 2023: $1,027,3862023Revenue 2024: $13,589,594Expenses 2024: $12,578,142Net Income 2024: $1,011,4522024

Highlighted filing

2014

Revenue$5,346,653
Expenses$4,963,652
Net Income$383,001
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 28, 2015
Return Version
2014v5.0
Gross Receipts
$5,346,653
Mission and Program Overview

Mission

Towpath Credit Union provides quality financial products and services to qualified members.

Towpath Credit Union is a member-owned, not-for-profit financial cooperative association. The C.U. serves all residents of Summit County as well as approved seg-group companies. it is dedicated to providing its members with quality financial services

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$50,468,048$55,847,537▲ $5,379,489
Investments Other Securities$42,587,803$39,604,000▼ $2,983,803
Rtn Earn Endowment Incm Other Fnds$12,961,156$13,344,157▲ $383,001
Savings and Temporary Cash Investments$11,155,334$8,228,594▼ $2,926,740
Land, Buildings, and Equipment, Net$2,772,816$2,715,492▼ $57,324
Investments Program Related$2,296,665$2,286,674▼ $9,991
Cash and Non-Interest-Bearing Accounts$1,338,337$1,515,826▲ $177,489
Prepaid Expenses and Deferred Charges$594,870$563,751▼ $31,119
Accounts Receivable$292,435$371,283▲ $78,848
Intangible Assets$58,684$34,401▼ $24,283
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Total Assets$113,894,801$113,545,148▼ $349,653
Other Assets Total$2,329,809$2,377,590▲ $47,781
Liabilities
Other Liabilities$100,255,036$99,564,521▼ $690,515
Accounts Payable and Accrued Expenses$678,609$636,470▼ $42,139
Total Liabilities$100,933,645$100,200,991▼ $732,654
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,961,156$13,344,157▲ $383,001
Total Liabilities and Net Assets / Fund Balance$113,894,801$113,545,148▼ $349,653

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,818,731$857,523$2,676,254
Equipment$87,597$1,646,324$1,733,921
Land$756,113-$756,113
Other Land Buildings$53,051$44,390$97,441
Leasehold Improvements$0$46,855$46,855
Other Securities$39,604,000--
Closely Held Equity Interests$0--
Financial Derivatives$0--
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Rose BartolomucciPresident/CEOFT$149,156$149,156

Board Members and Trustees

NameTitle
Richard HagerChairman
Carol OroszBoard member
John CrockettBoard Member
Lester CarneyBoard Member
Judi HillSecretary
Ernest SteeleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,670,909
Investment Income
$675,744
Other Revenue
$0
Change in Net Assets
$383,001

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,325,432
Revenue Not Reported on Financial Statements
$21,221
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$21,221
Total Revenue per Audited Statements
$5,325,432
Total Revenue per Form 990
$5,346,653
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,852,699
Salaries, Compensation, and Employee Benefits$1,954,877
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,398,870
Office Expenses---$861,335
Other Expenses---$644,890
Occupancy---$358,156
Fees for Services Other---$205,123
Other Employee Benefits---$190,935
Current Officers, Directors, Trustees, and Key Employees---$172,156
Benefits to Members---$156,076
Payroll Taxes---$134,248
Depreciation Depletion---$66,694
Pension Plan Contributions---$58,668
Insurance---$57,225
Advertising---$38,779
All Other Expenses---$28,324
Fees for Services Accounting---$24,115
Fees for Services Management---$21,558
Information Technology---$15,629
Travel---$4,587
Conferences and Meetings---$3,599
Fees for Services Legal---$146
Total Functional Expenses$0$0$0$4,963,652

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,963,652
Total Expenses per Audited Statements$4,963,652
Total Expenses per Form 990$4,963,652
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Share Accounts$99,564,521
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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 is comprised of a single class of member-owners, each of whom has equal rights in ownership, governance and voting rights at the annual meetings, with the exception of member-owners who are elected to the Board of Directors.”

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

“The members of the Credit Union have the authority to elect members of the Board of Directors for 3 year terms.”

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

“Changes to bylaws must be approved by the membership after approval by the Board of Directors and the State Division of Credit Unions.”

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

“Completed Form 990 submitted to CEO for filing approval.”

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

“Code of Conduct affirmation form completed by Board of Directors annually.”

Form 990, Part VI, Section B, Line 15

“Compensation survey conducted by outside service. CEO compensation reviewed and approved by the Board of Directors.”

Form 990, Part VI, Section C, Line 19

“Credit Union's current financials are on display in the lobbies of each branch. Any additional documents can be viewed at the main branch by appointment.”

Filing and Contact Details

Filer

Filer Name
Towpath Credit Union Inc
EIN
34-0058905
Phone
3306644700
Address
2969 Smith Rd, Fairlawn, OH 44333

Signing Officer

Name
Melissa Dawson
Title
VP of Accounting
Phone
3306644700
Signed
2015-07-28

Organization Details

Principal Officer
Rose Bartolomucci
Formed
1936
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
64
Volunteers
7
Supplemental Narrative

Financial Statement Notes

Schedule D, Part XI, Line 4B

“Income on Deferred Compensation Plan.”

Raw XML AppendixShowing 400 of 446 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/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0190935
IRS990/OtherExpensesGrp/Desc0Loan Servicing
IRS990/OtherExpensesGrp/Desc1Loan Loss Provision
IRS990/OtherExpensesGrp/TotalAmt0522539
IRS990/OtherExpensesGrp/TotalAmt1644890
IRS990/OtherLiabilitiesGrp/BOYAmt0100255036
IRS990/OtherLiabilitiesGrp/EOYAmt099564521
IRS990/OtherOrganizationDsc0Credit Union
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt01398870
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt050468048
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt055847537
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0134248
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt058668
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0594870
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0563751
IRS990/PrincipalOfficerNm0Rose Bartolomucci
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/Desc0Loan Interest Income
IRS990/ProgramServiceRevenueGrp/Desc1Fee Income
IRS990/ProgramServiceRevenueGrp/Desc2Other Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03135808
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11429739
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2105362
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03135808
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11429739
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2105362
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0Depository Accounts - The Credit Union strives to provide members with financial flexibility and encourage savings with various types of depository accounts. The Credit Union currently offers depository accounts in varieties such as draft(checking) accounts, savings accounts, money markets, certificates of deposit accounts, Christmas clubs and other various types. At year end, there were approximately 32,253 depository accounts held at the Credit Union.
IRS990/ProgSrvcAccomActy3Grp/Desc0Debit Card Program - The Credit Union strives to provide members with financial flexibility and encourage savings with the allowance of a debit card.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0130344
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0817088
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02464459
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04153103
IRS990/PYRevenuesLessExpensesAmt0425297
IRS990/PYSalariesCompEmpBnftPaidAmt01950091
IRS990/PYTotalExpensesAmt04544894
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04970191
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0383001
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt012961156
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt013344157
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011155334
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08228594
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01818731
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0857523
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02676254
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt087597
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01646324
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01733921
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04963652
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FinancialDerivativesGrp/BookValueAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0756113
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0756113
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt046855
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt046855
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt053051
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt044390
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt097441
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt099564521
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Share Accounts
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt021221
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt039604000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Negotiable CD's - HTM
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt021221
IRS990ScheduleD/RevenueSubtotalAmt05325432
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Income on Deferred Compensation Plan.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part XI, Line 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02715492
IRS990ScheduleD/TotalBookValueSecuritiesAmt039604000
IRS990ScheduleD/TotalExpensesPerForm990Amt04963652
IRS990ScheduleD/TotalLiabilityAmt099564521
IRS990ScheduleD/TotalRevenuePerForm990Amt05346653
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05325432
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04963652
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Credit Union is comprised of a single class of member-owners, each of whom has equal rights in ownership, governance and voting rights at the annual meetings, with the exception of member-owners who are elected to the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members of the Credit Union have the authority to elect members of the Board of Directors for 3 year terms.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Changes to bylaws must be approved by the membership after approval by the Board of Directors and the State Division of Credit Unions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Completed Form 990 submitted to CEO for filing approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Code of Conduct affirmation form completed by Board of Directors annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Compensation survey conducted by outside service. CEO compensation reviewed and approved by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Credit Union's current financials are on display in the lobbies of each branch. Any additional documents can be viewed at the main branch by appointment.
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
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0113894801
IRS990/TotalAssetsEOYAmt0113545148
IRS990/TotalAssetsGrp/BOYAmt0113894801
IRS990/TotalAssetsGrp/EOYAmt0113545148
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt064
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04963652
IRS990/TotalGrossUBIAmt021221
IRS990/TotalLiabilitiesBOYAmt0100933645
IRS990/TotalLiabilitiesEOYAmt0100200991
IRS990/TotalLiabilitiesGrp/BOYAmt0100933645
IRS990/TotalLiabilitiesGrp/EOYAmt0100200991
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012961156
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013344157
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$113,545,148
Liabilities
$100,200,991
Net assets
$13,344,157
Revenue
$5,346,653
Expenses
$4,963,652
Net income
$383,001
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$198$177$21.2$13.6$12.6$1.01
2023Detailed filing. Detailed filing data is available for this year.$198$178$20.2$11.6$10.6$1.03
2022Detailed filing. Detailed filing data is available for this year.$192$172$19.8$8.94$8.43$0.52
2021Detailed filing. Detailed filing data is available for this year.$179$160$19.1$7.80$7.25$0.55
2020Detailed filing. Detailed filing data is available for this year.$155$137$18.3$7.39$7.04$0.35
2019Detailed filing. Detailed filing data is available for this year.$131$113$17.9$8.20$7.26$0.95
2018Detailed filing. Detailed filing data is available for this year.$128$111$16.9$8.17$6.98$1.19
2017Detailed filing. Detailed filing data is available for this year.$127$111$15.7$7.24$6.43$0.81
2016Detailed filing. Detailed filing data is available for this year.$122$107$14.9$6.61$5.56$1.05
2015Detailed filing. Detailed filing data is available for this year.$116$103$13.9$5.72$5.18$0.55
2014Detailed filing. Detailed filing data is available for this year.$114$100$13.3$5.35$4.96$0.38
2013Detailed filing. Detailed filing data is available for this year.$114$101$13.0$4.97$4.54$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$102$12.5$4.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$112$99.7$12.3$5.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$72.2$63.6$8.65$3.79