Civic Intelligence

Latvian Cleveland Credit Union Inc

EIN 34-6533876 • 501(c)14 • Lakewood, OH

Profile

Credit Union

1385 Andrews AvenueLakewood, OH 44107

www.latvianclevelandcu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.82x

Higher debt load relative to assets than 18% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

22.60x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Net Margin

56th percentile

12%

Higher net margin than 56% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

29th percentile

$93,163

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Asset Growth

34th percentile

-1.3%

Faster asset growth than 34% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

8.8%

Faster revenue growth than 50% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets18th percentile

Assets

Down

$30,008,456

Down $384,907 (-1.3%) from 2023

Liabilities

Down

$24,498,273

Down $516,795 (-2.1%) from 2023

Net Assets

Up

$5,510,183

Up $131,888 (+2.5%) from 2023

Operations
Liabilities / Revenue85th percentileNet Margin56th percentile

Revenue

Up

$1,084,023

Up $87,524 (+8.8%) from 2023

Expenses

Up

$952,135

Up $113,532 (+14%) from 2023

Net Income

Down

$131,888

Down $26,008 (-16%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $29,395,399Liabilities 2010: $26,126,384Net Assets 2010: $3,269,0152010Assets 2011: $30,901,674Liabilities 2011: $27,342,161Net Assets 2011: $3,559,5132011Assets 2012: $32,053,992Liabilities 2012: $28,293,433Net Assets 2012: $3,760,5592012Assets 2013: $31,821,795Liabilities 2013: $27,924,620Net Assets 2013: $3,897,1752013Assets 2014: $31,397,157Liabilities 2014: $27,318,000Net Assets 2014: $4,079,1572014Assets 2015: $31,102,917Liabilities 2015: $26,819,723Net Assets 2015: $4,283,1942015Assets 2016: $31,270,394Liabilities 2016: $26,841,352Net Assets 2016: $4,429,0422016Assets 2017: $31,138,264Liabilities 2017: $26,562,643Net Assets 2017: $4,575,6212017Assets 2018: $30,107,096Liabilities 2018: $25,383,075Net Assets 2018: $4,724,0212018Assets 2019: $30,409,783Liabilities 2019: $25,549,936Net Assets 2019: $4,859,8472019Assets 2020: $33,740,216Liabilities 2020: $28,784,827Net Assets 2020: $4,955,3892020Assets 2021: $35,081,156Liabilities 2021: $30,059,779Net Assets 2021: $5,021,3772021Assets 2022: $32,593,518Liabilities 2022: $27,373,119Net Assets 2022: $5,220,3992022Assets 2023: $30,393,363Liabilities 2023: $25,015,068Net Assets 2023: $5,378,2952023Assets 2024: $30,008,456Liabilities 2024: $24,498,273Net Assets 2024: $5,510,1832024

Highlighted filing

2024

Assets$30,008,456
Liabilities$24,498,273
Net Assets$5,510,183
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0Expenses 2010: $972,4082010Expenses 2011: $911,9952011Expenses 2012: $914,2622012Revenue 2013: $1,005,847Expenses 2013: $869,231Net Income 2013: $136,6162013Revenue 2014: $1,081,998Expenses 2014: $900,016Net Income 2014: $181,9822014Revenue 2015: $1,012,074Expenses 2015: $808,037Net Income 2015: $204,0372015Revenue 2016: $988,221Expenses 2016: $842,373Net Income 2016: $145,8482016Revenue 2017: $962,435Expenses 2017: $815,856Net Income 2017: $146,5792017Revenue 2018: $991,215Expenses 2018: $842,815Net Income 2018: $148,4002018Revenue 2019: $996,683Expenses 2019: $865,987Net Income 2019: $130,6962019Revenue 2020: $920,550Expenses 2020: $847,788Net Income 2020: $72,7622020Revenue 2021: $807,910Expenses 2021: $741,922Net Income 2021: $65,9882021Revenue 2022: $950,859Expenses 2022: $751,837Net Income 2022: $199,0222022Revenue 2023: $996,499Expenses 2023: $838,603Net Income 2023: $157,8962023Revenue 2024: $1,084,023Expenses 2024: $952,135Net Income 2024: $131,8882024

Highlighted filing

2024

Revenue$1,084,023
Expenses$952,135
Net Income$131,888
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$30,008,456
Liabilities
$24,498,273
Net assets
$5,510,183
Revenue
$1,084,023
Expenses
$952,135
Net income
$131,888
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.0$24.5$5.51$1.08$0.95$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.4$25.0$5.38$1.00$0.84$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.6$27.4$5.22$0.95$0.75$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.1$30.1$5.02$0.81$0.74$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.7$28.8$4.96$0.92$0.85$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.4$25.5$4.86$1.00$0.87$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.1$25.4$4.72$0.99$0.84$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.1$26.6$4.58$0.96$0.82$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.3$26.8$4.43$0.99$0.84$0.15
2015Detailed filing. Detailed filing data is available for this year.$31.1$26.8$4.28$1.01$0.81$0.20
2014Detailed filing. Detailed filing data is available for this year.$31.4$27.3$4.08$1.08$0.90$0.18
2013Detailed filing. Detailed filing data is available for this year.$31.8$27.9$3.90$1.01$0.87$0.14
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.1$28.3$3.76$0.91
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.9$27.3$3.56$0.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.4$26.1$3.27$0.97
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 11, 2016
Return Version
2015v2.1
Gross Receipts
$1,012,074
Mission and Program Overview

Mission

CREDIT UNION

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,079,157$4,283,194▲ $204,037
Savings and Temporary Cash Investments$1,388,618$2,411,671▲ $1,023,053
Cash and Non-Interest-Bearing Accounts$34,998$42,757▲ $7,759
Land, Buildings, and Equipment, Net$29,801$33,117▲ $3,316
Prepaid Expenses and Deferred Charges$21,491$19,903▼ $1,588
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$31,397,157$31,102,917▼ $294,240
Other Assets Total$29,922,249$28,595,469▼ $1,326,780
Liabilities
Other Liabilities$27,251,842$26,760,681▼ $491,161
Accounts Payable and Accrued Expenses$66,158$59,042▼ $7,116
Total Liabilities$27,318,000$26,819,723▼ $498,277
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,079,157$4,283,194▲ $204,037
Total Liabilities and Net Assets / Fund Balance$31,397,157$31,102,917▼ $294,240

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$33,117$136,578$169,695
Other Assets Org$262,750--
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Robert JungeCEOFT$72,902$72,902
Zigurds ReineksDirector-$900$900

Board Members and Trustees

NameTitle
Andris CelchertsPresident
Nora HurleyVice President
Kristaps DaukssDirector
Laura TomkoDirector
Paul BertDirector
Peter GravaDirector
Zenta ApinisDirector
N Gint StrautnieksSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$872,578
Investment Income
$139,496
Other Revenue
$0
Change in Net Assets
$204,037

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,012,074
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,012,074
Total Revenue per Form 990
$1,012,074
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$291,455
Other Expenses$215,540
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$301,042
Other Salaries and Wages---$149,850
Current Officers, Directors, Trustees, and Key Employees---$73,802
Fees for Services Other---$48,172
Other Employee Benefits---$40,297
Advertising---$38,229
Depreciation Depletion---$25,573
Occupancy---$23,199
Payroll Taxes---$20,823
Office Expenses---$16,182
Fees for Services Accounting---$13,360
Conferences and Meetings---$11,278
Fees for Services Legal---$11,181
Pension Plan Contributions---$6,683
Other Expenses---$5,991
All Other Expenses---$411
Total Functional Expenses$0$0$0$808,037

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$808,037
Total Expenses per Audited Statements$808,037
Total Expenses per Form 990$808,037
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
Share Deposits$26,760,681
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The credit union has members. Membership requirements include meeting ethnicity and other parameters.”

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

“Members of proper voting age have one vote each, which they may cast at the annual meeting to elect members of the governing body.”

Form 990, Part VI, Section B, Line 11

“A copy of the form 990 was provided to each director before the form was filed.”

Form 990, Part VI, Section B, Line 15

“The board of directors reviews annually the salaries of all employees, including the ceo. In this review, comparative data from ocul and cuna are used by the salary committee for comparison across credit unions of comparable size, geographic region, etc. As well as impact on credit union financials. The committee then brings this data for debate and vote by the full board of directors.”

Form 990, Part VI, Section C, Line 19

“The credit union's website houses disclosures, the privacy policy, and truth-in-savings disclosures. All other policies, as well as financial statements are available upon request. Quarterly financial statements are also available on the ncua website (www.ncua.gov).”

Filing and Contact Details

Filer

Filer Name
Latvian Cleveland Credit Union Inc
EIN
34-6533876
Phone
2162281996
Address
1385 ANDREWS AVENUE, LAKEWOOD, OH 44107

Signing Officer

Name
Robert Junge
Title
CEO
Phone
2162281996
Signed
2016-05-11

Organization Details

Principal Officer
Robert Junge
Formed
1960
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
10
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Effective january 1, 2009, generally accepted accounting principles require the organization to evaluate the level of uncertainty related to whether tax positions taken will be sustained upon examination. Any positions taken that do not meet the more-likely-than-not threshold must be quantified and recorded as a liability for unrecognized tax benefits in the accompanying balance sheet along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Interest and penalties associated with unrecognized tax benefits would be classified as additional income taxes in the statement of income. The organization believes that none of the tax positions taken would materially impact the financial statements and no such liabilities have been recorded.”

Raw XML Appendix363 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/BOYAmt066158
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt059042
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CREDIT UNION
IRS990/AdvertisingGrp/TotalAmt038229
IRS990/AllOtherExpensesGrp/TotalAmt0411
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt0301042
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ROBERT JUNGE
IRS990/BooksInCareOfDetail/PhoneNum02162281996
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01385 ANDREWS AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAKEWOOD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044107
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt034998
IRS990/CashNonInterestBearingGrp/EOYAmt042757
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt073802
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt011278
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt0301042
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0139496
IRS990/CYOtherExpensesAmt0215540
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0872578
IRS990/CYRevenuesLessExpensesAmt0204037
IRS990/CYSalariesCompEmpBnftPaidAmt0291455
IRS990/CYTotalExpensesAmt0808037
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01012074
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt025573
IRS990/Desc0CREDIT UNION
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt013360
IRS990/FeesForServicesLegalGrp/TotalAmt011181
IRS990/FeesForServicesOtherGrp/TotalAmt048172
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt012.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
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/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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0ANDRIS CELCHERTS
IRS990/Form990PartVIISectionAGrp/PersonNm1ZIGURDS REINEKS
IRS990/Form990PartVIISectionAGrp/PersonNm2NORA HURLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3PETER GRAVA
IRS990/Form990PartVIISectionAGrp/PersonNm4ZENTA APINIS
IRS990/Form990PartVIISectionAGrp/PersonNm5N GINT STRAUTNIEKS
IRS990/Form990PartVIISectionAGrp/PersonNm6LAURA TOMKO
IRS990/Form990PartVIISectionAGrp/PersonNm7KRISTAPS DAUKSS
IRS990/Form990PartVIISectionAGrp/PersonNm8PAUL BERT
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERT JUNGE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt972902
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01960
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01012074
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0139496
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0139496
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0695
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0136578
IRS990/LandBldgEquipBasisNetGrp/BOYAmt029801
IRS990/LandBldgEquipBasisNetGrp/EOYAmt033117
IRS990/LandBldgEquipCostOrOtherBssAmt0169695
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CREDIT UNION
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04079157
IRS990/NetAssetsOrFundBalancesEOYAmt04283194
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt023199
IRS990/OfficeExpensesGrp/TotalAmt016182
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt029922249
IRS990/OtherAssetsTotalGrp/EOYAmt028595469
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt040297
IRS990/OtherExpensesGrp/Desc0OHIO LEAGUE DUES
IRS990/OtherExpensesGrp/Desc1ANNUAL MEETING EXPENSE
IRS990/OtherExpensesGrp/Desc2SUPERVISORY FEES
IRS990/OtherExpensesGrp/TotalAmt011964
IRS990/OtherExpensesGrp/TotalAmt110000
IRS990/OtherExpensesGrp/TotalAmt25991
IRS990/OtherLiabilitiesGrp/BOYAmt027251842
IRS990/OtherLiabilitiesGrp/EOYAmt026760681
IRS990/OtherSalariesAndWagesGrp/TotalAmt0149850
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt020823
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt06683
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021491
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019903
IRS990/PrincipalOfficerNm0ROBERT JUNGE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0858081
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114497
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0858081
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114497
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0335735
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0145230
IRS990/PYOtherExpensesAmt0274455
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0936768
IRS990/PYRevenuesLessExpensesAmt0181982
IRS990/PYSalariesCompEmpBnftPaidAmt0289826
IRS990/PYTotalExpensesAmt0900016
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01081998
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0204037
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04079157
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04283194
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01388618
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02411671
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt033117
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0136578
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0169695
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0808037
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt078007
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1-241523
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt28226030
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3261942
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt430000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5710277
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt619267986
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt7262750
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INCOME
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ALLOWANCE FOR LOAN LOSSES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3CORPORATE CREDIT UNION - CAPITALIZATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4EXCESS SHARE INSURANCE - CAPITALIZATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5INVESTMENTS IN NATURAL PERSON CREDIT UNIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6LOANS TO MEMBERS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7NCUA CAPITALIZATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026760681
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARE DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01012074
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EFFECTIVE JANUARY 1, 2009, GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE THE ORGANIZATION TO EVALUATE THE LEVEL OF UNCERTAINTY RELATED TO WHETHER TAX POSITIONS TAKEN WILL BE SUSTAINED UPON EXAMINATION. ANY POSITIONS TAKEN THAT DO NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD MUST BE QUANTIFIED AND RECORDED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING BALANCE SHEET ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS WOULD BE CLASSIFIED AS ADDITIONAL INCOME TAXES IN THE STATEMENT OF INCOME. THE ORGANIZATION BELIEVES THAT NONE OF THE TAX POSITIONS TAKEN WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS AND NO SUCH LIABILITIES HAVE BEEN RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033117
IRS990ScheduleD/TotalBookValueOtherAssetsAmt028595469
IRS990ScheduleD/TotalExpensesPerForm990Amt0808037
IRS990ScheduleD/TotalLiabilityAmt026760681
IRS990ScheduleD/TotalRevenuePerForm990Amt01012074
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01012074
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0808037
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS MEMBERS. MEMBERSHIP REQUIREMENTS INCLUDE MEETING ETHNICITY AND OTHER PARAMETERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF PROPER VOTING AGE HAVE ONE VOTE EACH, WHICH THEY MAY CAST AT THE ANNUAL MEETING TO ELECT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 WAS PROVIDED TO EACH DIRECTOR BEFORE THE FORM WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWS ANNUALLY THE SALARIES OF ALL EMPLOYEES, INCLUDING THE CEO. IN THIS REVIEW, COMPARATIVE DATA FROM OCUL AND CUNA ARE USED BY THE SALARY COMMITTEE FOR COMPARISON ACROSS CREDIT UNIONS OF COMPARABLE SIZE, GEOGRAPHIC REGION, ETC. AS WELL AS IMPACT ON CREDIT UNION FINANCIALS. THE COMMITTEE THEN BRINGS THIS DATA FOR DEBATE AND VOTE BY THE FULL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CREDIT UNION'S WEBSITE HOUSES DISCLOSURES, THE PRIVACY POLICY, AND TRUTH-IN-SAVINGS DISCLOSURES. ALL OTHER POLICIES, AS WELL AS FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. QUARTERLY FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE NCUA WEBSITE (WWW.NCUA.GOV).
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 B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt031397157
IRS990/TotalAssetsEOYAmt031102917
IRS990/TotalAssetsGrp/BOYAmt031397157
IRS990/TotalAssetsGrp/EOYAmt031102917
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/TotalAmt0808037
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027318000
IRS990/TotalLiabilitiesEOYAmt026819723
IRS990/TotalLiabilitiesGrp/BOYAmt027318000
IRS990/TotalLiabilitiesGrp/EOYAmt026819723
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04079157
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04283194
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0872578
IRS990/TotalReportableCompFromOrgAmt073802
IRS990/TotalRevenueGrp/ExclusionAmt0139496
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0872578
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01012074
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt031397157
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt031102917
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01385 ANDREWS AVENUE
IRS990/USAddress/CityNm0LAKEWOOD
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044107
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.LATVIANCLEVELANDCU.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT JUNGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02162281996
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LATVIAN CLEVELAND CREDIT UNION INC
ReturnHeader/Filer/BusinessNameControlTxt0LATV
ReturnHeader/Filer/EIN0346533876
ReturnHeader/Filer/PhoneNum02162281996
ReturnHeader/Filer/USAddress/AddressLine1Txt01385 ANDREWS AVENUE
ReturnHeader/Filer/USAddress/CityNm0LAKEWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044107
ReturnHeader/ReturnTs02016-05-11T15:12:16-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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