Civic Intelligence

P S E Credit Union Inc

990 • Fiscal year 2013 • EIN 34-0800260

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 13, 2014

Organization ProfileWWW.PSECREDITUNION.ORG

View Organization Page

5255 Regency Drive44129

(440) 545-5105

Siviq Scores

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

Liabilities / Assets

77th percentile

0.91x

Higher debt load relative to assets than 77% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Liabilities / Revenue

91st percentile

25.70x

Higher debt load relative to revenue than 91% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Net Margin

1st percentile

-14%

Higher net margin than 1% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Top Officer Pay

29th percentile

$150,394

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Asset Growth

61st percentile

3.7%

Faster asset growth than 61% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$119,377,233

Up $4,221,713 (+3.7%) from 2012

Net Assets

Down

$10,188,297

Down $784,486 (-7.1%) from 2012

Liabilities

Up

$109,188,936

Up $5,006,199 (+4.8%) from 2012

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin1st percentile

Revenue

$4,249,414

No earlier filing loaded for comparison.

Expenses

Up

$4,848,931

Up $45,599 (+0.9%) from 2012

Net Income

-$599,517

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$400M$300M$200M$100M$0Assets 2010: $106,299,769Liabilities 2010: $94,545,957Net Assets 2010: $11,753,8122010Assets 2011: $112,352,081Liabilities 2011: $100,702,520Net Assets 2011: $11,649,5612011Assets 2012: $115,155,520Liabilities 2012: $104,182,737Net Assets 2012: $10,972,7832012Assets 2013: $119,377,233Liabilities 2013: $109,188,936Net Assets 2013: $10,188,2972013Assets 2014: $119,344,328Liabilities 2014: $108,978,335Net Assets 2014: $10,365,9932014Assets 2015: $123,661,560Liabilities 2015: $113,680,114Net Assets 2015: $9,981,4462015Assets 2016: $127,027,756Liabilities 2016: $117,160,562Net Assets 2016: $9,867,1942016Assets 2017: $129,871,042Liabilities 2017: $119,816,449Net Assets 2017: $10,054,5932017Assets 2018: $133,698,433Liabilities 2018: $122,866,914Net Assets 2018: $10,831,5192018Assets 2019: $150,854,517Liabilities 2019: $138,032,839Net Assets 2019: $12,821,6782019Assets 2020: $178,224,900Liabilities 2020: $163,324,964Net Assets 2020: $14,899,9362020Assets 2021: $206,147,045Liabilities 2021: $189,657,123Net Assets 2021: $16,489,9222021Assets 2022: $221,132,886Liabilities 2022: $207,121,989Net Assets 2022: $14,010,8972022Assets 2023: $301,964,607Liabilities 2023: $275,171,065Net Assets 2023: $26,793,5422023Assets 2024: $320,712,477Liabilities 2024: $290,892,868Net Assets 2024: $29,819,6092024

Highlighted filing

2013

Assets$119,377,233
Liabilities$109,188,936
Net Assets$10,188,297
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20M$10M$0-$10MExpenses 2010: $5,080,1952010Expenses 2011: $4,627,2082011Expenses 2012: $4,803,3322012Revenue 2013: $4,249,414Expenses 2013: $4,848,931Net Income 2013: -$599,5172013Revenue 2014: $4,532,103Expenses 2014: $4,496,454Net Income 2014: $35,6492014Revenue 2015: $4,624,449Expenses 2015: $4,960,738Net Income 2015: -$336,2892015Revenue 2016: $4,974,591Expenses 2016: $4,753,312Net Income 2016: $221,2792016Revenue 2017: $5,326,275Expenses 2017: $5,039,038Net Income 2017: $287,2372017Revenue 2018: $6,014,477Expenses 2018: $5,053,332Net Income 2018: $961,1452018Revenue 2019: $6,905,667Expenses 2019: $5,698,516Net Income 2019: $1,207,1512019Revenue 2020: $6,926,615Expenses 2020: $5,798,059Net Income 2020: $1,128,5562020Revenue 2021: $7,365,292Expenses 2021: $5,649,319Net Income 2021: $1,715,9732021Revenue 2022: $9,020,403Expenses 2022: $6,377,437Net Income 2022: $2,642,9662022Revenue 2023: $16,506,657Expenses 2023: $13,252,535Net Income 2023: $3,254,1222023Revenue 2024: $19,534,332Expenses 2024: $17,231,781Net Income 2024: $2,302,5512024

Highlighted filing

2013

Revenue$4,249,414
Expenses$4,848,931
Net Income-$599,517
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 13, 2014
Return Version
2013v3.0
Gross Receipts
$4,249,414
Mission and Program Overview

Mission

The purpose of this credit union shall be to promote thrift and to provide credit for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$45,800,378$50,906,430▲ $5,106,052
Investments in Publicly Traded Securities$26,306,409$34,403,263▲ $8,096,854
Investments Other Securities$14,160,500$16,305,500▲ $2,145,000
Rtn Earn Endowment Incm Other Fnds$10,972,783$10,188,297▼ $784,486
Savings and Temporary Cash Investments$22,335,078$8,685,443▼ $13,649,635
Land, Buildings, and Equipment, Net$3,097,884$2,927,593▼ $170,291
Cash and Non-Interest-Bearing Accounts$1,608,638$1,672,030▲ $63,392
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$115,155,520$119,377,233▲ $4,221,713
Other Assets Total$1,846,633$4,476,974▲ $2,630,341
Liabilities
Other Liabilities$103,450,486$108,763,606▲ $5,313,120
Accounts Payable and Accrued Expenses$732,251$425,330▼ $306,921
Total Liabilities$104,182,737$109,188,936▲ $5,006,199
Net Assets / Fund Balance
Total Net Assets Fund Balance$10,972,783$10,188,297▼ $784,486
Total Liabilities and Net Assets / Fund Balance$115,155,520$119,377,233▲ $4,221,713

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,521,202$1,236,677$2,757,879
Equipment$357,492$1,478,545$1,836,037
Leasehold Improvements$434,466$478,326$912,792
Land$614,433-$614,433
Other Securities$1,002,500--
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janice L ThomasCEOFT$124,211$26,183$150,394
Peggy a KochVP of FinanceFT$71,642$11,126$82,768

Board Members and Trustees

NameTitle
Dale McmahanChair
David ToetzVice Chair
Darlene DemarcoDirector
Karen NeumanDirector
Robert MoultonDirector
Steele NowlinDirector
Steve KosmosDirector
Robert VasilSecretary
Kenneth NoetzelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,806,504
Investment Income
$442,910
Other Revenue
$0
Change in Net Assets
$-599,517

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,249,414
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,249,414
Total Revenue per Form 990
$4,249,414
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,946,007
Salaries, Compensation, and Employee Benefits$1,902,924
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,244,469
Office Expenses---$783,653
Occupancy---$351,691
Current Officers, Directors, Trustees, and Key Employees---$233,162
Depreciation Depletion---$224,592
Advertising---$210,334
Interest---$184,032
Other Employee Benefits---$183,176
Insurance---$143,949
Pension Plan Contributions---$128,387
Payroll Taxes---$113,730
Other Expenses---$86,949
Fees for Services Accounting---$30,440
Fees for Services Legal---$21,777
Travel---$7,118
Total Functional Expenses$0$0$0$4,848,931

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,848,931
Total Expenses per Audited Statements$4,848,931
Total Expenses per Form 990$4,848,931
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 AND DEPOSITS$108,751,340
Dividends Payable$12,266
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 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 organization has members.”

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

“The board of directors is elected by the members.”

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

“Certain transactions and changes to the code of regulations are subject to approval by the members.”

Form 990, Part VI, Section B, Line 11

“The form 990 is reviewed by the ceo and vp of finance prior to filing with the irs.”

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

“The conflict of interest policy is reviewed, monitored and updated annually by key employees and approved by the board of directors.”

Form 990, Part VI, Section B, Line 15

“The ceo's compensation is reviewed and set by the board of directors. For the other employees' compensation, the ceo performs reviews and sets salaries within parameters established by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Financial statements are posted at each branch office and all other governing documents are available upon request.”

Filing and Contact Details

Filer

EIN
34-0800260
Phone
4405455105

Signing Officer

Name
Peggy a Koch
Title
VP Finance
Phone
4405455105
Signed
2014-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janice L Thomas
Formed
1955
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
64
Volunteers
14

Preparer

Preparer
Gbq Partners LLC
Phone
6142211120
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization has a supervisory committee that is established by the board of directors.”

Financial Statement Notes

PART X, LINE 2:

“The credit union accounts for uncertainty in income taxes in its financial statements as required under fasb 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 2010 are closed. Management determined there were no material uncertain positions taken by the credit union in its tax returns.”

Raw XML AppendixShowing 400 of 433 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0732251
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0425330
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS.
IRS990/AdvertisingGrp/TotalAmt0210334
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10PEGGY A KOCH
IRS990/BooksInCareOfDetail/PhoneNum04405455105
IRS990/BooksInCareOfDetail/USAddress/AddressLine105255 REGENCY DRIVE
IRS990/BooksInCareOfDetail/USAddress/City0PARMA
IRS990/BooksInCareOfDetail/USAddress/State0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCode044129
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt01608638
IRS990/CashNonInterestBearingGrp/EOYAmt01672030
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0233162
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0442910
IRS990/CYOtherExpensesAmt02946007
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03806504
IRS990/CYRevenuesLessExpensesAmt0-599517
IRS990/CYSalariesCompEmpBnftPaidAmt01902924
IRS990/CYTotalExpensesAmt04848931
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04249414
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0224592
IRS990/Desc0PROVIDE FINANCIAL SERVICES TO MEMBERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt064
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt030440
IRS990/FeesForServicesLegalGrp/TotalAmt021777
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt937.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1037.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt926183
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1011126
IRS990/Form990PartVIISectionAGrp/PersonNm0STEELE NOWLIN
IRS990/Form990PartVIISectionAGrp/PersonNm1DALE MCMAHAN
IRS990/Form990PartVIISectionAGrp/PersonNm2KENNETH NOETZEL
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT VASIL
IRS990/Form990PartVIISectionAGrp/PersonNm4DARLENE DEMARCO
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVE KOSMOS
IRS990/Form990PartVIISectionAGrp/PersonNm6KAREN NEUMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID TOETZ
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT MOULTON
IRS990/Form990PartVIISectionAGrp/PersonNm9JANICE L THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm10PEGGY A KOCH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9124211
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1071642
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP OF FINANCE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01955
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04249414
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt0143949
IRS990/InterestGrp/TotalAmt0184032
IRS990/InvestmentIncomeGrp/ExclusionAmt0442910
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0442910
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt014160500
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt016305500
IRS990/InvestmentsPubTradedSecGrp/BOYAmt026306409
IRS990/InvestmentsPubTradedSecGrp/EOYAmt034403263
IRS990/IRPDocumentCnt01842
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03193548
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03097884
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02927593
IRS990/LandBldgEquipCostOrOtherBssAmt06121141
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010972783
IRS990/NetAssetsOrFundBalancesEOYAmt010188297
IRS990/NetUnrelatedBusTxblIncmAmt0-117063
IRS990/NetUnrlzdGainsLossesInvstAmt0-184969
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0351691
IRS990/OfficeExpensesGrp/TotalAmt0783653
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01846633
IRS990/OtherAssetsTotalGrp/EOYAmt04476974
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0183176
IRS990/OtherExpensesGrp/Desc0LOAN PROCESSING
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc3DIRECTOR AND DUES
IRS990/OtherExpensesGrp/TotalAmt0394716
IRS990/OtherExpensesGrp/TotalAmt1389631
IRS990/OtherExpensesGrp/TotalAmt2117125
IRS990/OtherExpensesGrp/TotalAmt386949
IRS990/OtherLiabilitiesGrp/BOYAmt0103450486
IRS990/OtherLiabilitiesGrp/EOYAmt0108763606
IRS990/OtherSalariesAndWagesGrp/TotalAmt01244469
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt045800378
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt050906430
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0113730
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0128387
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JANICE L THOMAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES & COMMISSIONS
IRS990/ProgramServiceRevenueGrp/Desc2OTHER OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02387358
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1679536
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2699378
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02387358
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1719768
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2699378
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt040232
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0458846
IRS990/PYOtherExpensesAmt02924662
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03646361
IRS990/PYRevenuesLessExpensesAmt0-698125
IRS990/PYSalariesCompEmpBnftPaidAmt01878670
IRS990/PYTotalExpensesAmt04803332
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04105207
IRS990/ReconcilationRevenueExpnssAmt0-599517
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt010972783
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt010188297
IRS990/SavingsAndTempCashInvstGrp/BOYAmt022335078
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08685443
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01521202
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01236677
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02757879
IRS990ScheduleD/EquipmentGrp/BookValueAmt0357492
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01478545
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01836037
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04848931
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LandGrp/BookValueAmt0614433
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0614433
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0434466
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0478326
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0912792
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0108751340
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt112266
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARES AND DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DIVIDENDS PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt012403000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt12900000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt21002500
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2OTHER COOP INVESTMENT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04249414
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS AS REQUIRED UNDER FASB 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 2010 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/TotalBookValueLandBuildingsAmt02927593
IRS990ScheduleD/TotalBookValueSecuritiesAmt016305500
IRS990ScheduleD/TotalExpensesPerForm990Amt04848931
IRS990ScheduleD/TotalLiabilityAmt0108763606
IRS990ScheduleD/TotalRevenuePerForm990Amt04249414
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04249414
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04848931
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0124211
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt015861
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt010322
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JANICE L THOMAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0150394
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN TRANSACTIONS AND CHANGES TO THE CODE OF REGULATIONS ARE SUBJECT TO APPROVAL BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THE CEO AND VP OF FINANCE PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY IS REVIEWED, MONITORED AND UPDATED ANNUALLY BY KEY EMPLOYEES AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CEO'S COMPENSATION IS REVIEWED AND SET BY THE BOARD OF DIRECTORS. FOR THE OTHER EMPLOYEES' COMPENSATION, THE CEO PERFORMS REVIEWS AND SETS SALARIES WITHIN PARAMETERS ESTABLISHED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS ARE POSTED AT EACH BRANCH OFFICE AND ALL OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS A SUPERVISORY COMMITTEE THAT IS ESTABLISHED BY THE BOARD OF DIRECTORS.
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 11
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 XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0115155520
IRS990/TotalAssetsEOYAmt0119377233
IRS990/TotalAssetsGrp/BOYAmt0115155520
IRS990/TotalAssetsGrp/EOYAmt0119377233
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt064
IRS990/TotalFunctionalExpensesGrp/TotalAmt04848931
IRS990/TotalGrossUBIAmt040232
IRS990/TotalLiabilitiesBOYAmt0104182737
IRS990/TotalLiabilitiesEOYAmt0109188936
IRS990/TotalLiabilitiesGrp/BOYAmt0104182737
IRS990/TotalLiabilitiesGrp/EOYAmt0109188936
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010972783
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010188297
IRS990/TotalOtherCompensationAmt037309
IRS990/TotalProgramServiceRevenueAmt03806504
IRS990/TotalReportableCompFromOrgAmt0195853
IRS990/TotalRevenueGrp/ExclusionAmt0442910
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03766272
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04249414
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt040232
IRS990/TotalVolunteersCnt014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0115155520
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0119377233
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt07118
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine105255 REGENCY DRIVE
IRS990/USAddress/City0PARMA

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.

Open filing
Assets
$119,377,233
Liabilities
$109,188,936
Net assets
$10,188,297
Revenue
$4,249,414
Expenses
$4,848,931
Net income
-$599,517
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$321$291$29.8$19.5$17.2$2.30
2023Detailed filing. Detailed filing data is available for this year.$302$275$26.8$16.5$13.3$3.25
2022Detailed filing. Detailed filing data is available for this year.$221$207$14.0$9.02$6.38$2.64
2021Detailed filing. Detailed filing data is available for this year.$206$190$16.5$7.37$5.65$1.72
2020Detailed filing. Detailed filing data is available for this year.$178$163$14.9$6.93$5.80$1.13
2019Detailed filing. Detailed filing data is available for this year.$151$138$12.8$6.91$5.70$1.21
2018Detailed filing. Detailed filing data is available for this year.$134$123$10.8$6.01$5.05$0.96
2017Detailed filing. Detailed filing data is available for this year.$130$120$10.1$5.33$5.04$0.29
2016Detailed filing. Detailed filing data is available for this year.$127$117$9.87$4.97$4.75$0.22
2015Detailed filing. Detailed filing data is available for this year.$124$114$9.98$4.62$4.96$0.34
2014Detailed filing. Detailed filing data is available for this year.$119$109$10.4$4.53$4.50$0.04
2013Detailed filing. Detailed filing data is available for this year.$119$109$10.2$4.25$4.85$0.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$104$11.0$4.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$112$101$11.6$4.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$106$94.5$11.8$5.08