Civic Intelligence

South Bend Post Office C U

990 • Fiscal year 2016 • EIN 35-0670808

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 21, 2017

Organization Profilewww.sbpocu.com
53790 Generations DrSouth Bend, IN 46635-1539

(574) 272-8581

Siviq Scores

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

Liabilities / Assets

8th percentile

0.02x

Higher debt load relative to assets than 8% of similar nonprofits.

2016 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

9th percentile

0.76x

Higher debt load relative to revenue than 9% of similar nonprofits.

2016 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2016

Net Margin

18th percentile

-3.6%

Higher net margin than 18% of similar nonprofits.

2016 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

41st percentile

$50,407

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 17.1% of source-year revenue.

2016 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2016

Asset Growth

14th percentile

-4.4%

Faster asset growth than 14% of similar nonprofits.

2016 filings • 501(c)14 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

86th percentile

9.3%

Faster revenue growth than 86% of similar nonprofits.

2016 filings • 501(c)14 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets8th percentile

Assets

Down

$9,022,967

Down $412,360 (-4.4%) from 2015

Net Assets

Down

$8,797,725

Down $612,845 (-6.5%) from 2015

Liabilities

Up

$225,242

Up $200,485 (+810%) from 2015

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin18th percentile

Revenue

Up

$294,924

Up $25,186 (+9.3%) from 2015

Expenses

Down

$305,654

Down $23,692 (-7.2%) from 2015

Net Income

Up

-$10,730

Up $48,878 (+82%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$15M$10M$5.0M$0Assets 2010: $10,184,521Liabilities 2010: $1,109Net Assets 2010: $10,183,4122010Assets 2011: $10,067,942Liabilities 2011: $1,118Net Assets 2011: $10,066,8242011Assets 2012: $10,287,012Liabilities 2012: $16,011Net Assets 2012: $10,271,0012012Assets 2013: $10,008,738Liabilities 2013: $17,423Net Assets 2013: $9,991,3152013Assets 2014: $9,645,469Liabilities 2014: $18,852Net Assets 2014: $9,626,6172014Assets 2015: $9,435,327Liabilities 2015: $24,757Net Assets 2015: $9,410,5702015Assets 2016: $9,022,967Liabilities 2016: $225,242Net Assets 2016: $8,797,7252016Assets 2017: $8,805,524Liabilities 2017: $15,842Net Assets 2017: $8,789,6822017Assets 2018: $8,917,278Liabilities 2018: $14,775Net Assets 2018: $8,902,5032018Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2016

Assets$9,022,967
Liabilities$225,242
Net Assets$8,797,725
Open 2016 Filing

Operations Trend

Revenue Growth86th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $539,4092010Expenses 2011: $328,5702011Expenses 2012: $336,1132012Revenue 2013: $293,385Expenses 2013: $326,229Net Income 2013: -$32,8442013Revenue 2014: $270,949Expenses 2014: $279,447Net Income 2014: -$8,4982014Revenue 2015: $269,738Expenses 2015: $329,346Net Income 2015: -$59,6082015Revenue 2016: $294,924Expenses 2016: $305,654Net Income 2016: -$10,7302016Revenue 2017: $326,995Expenses 2017: $298,455Net Income 2017: $28,5402017Revenue 2018: $386,458Expenses 2018: $310,967Net Income 2018: $75,4912018Revenue 2021: $315,966Expenses 2021: $258,424Net Income 2021: $57,5422021

Highlighted filing

2016

Revenue$294,924
Expenses$305,654
Net Income-$10,730
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 21, 2017
Return Version
2016v3.0
Gross Receipts
$294,924
Mission and Program Overview

Mission

Cooperative Financial Institution

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$8,360,844$7,758,729▼ $602,115
Savings and Temporary Cash Investments$6,093,079$5,959,492▼ $133,587
Other Notes and Loans Receivable, Net$3,029,783$2,743,024▼ $286,759
Pd in Cap Srpls Land Bldg Eqp Fund$796,160$796,160→ $0
Rtn Earn Endowment Incm Other Fnds$253,566$242,836▼ $10,730
Land, Buildings, and Equipment, Net$85,267$94,001▲ $8,734
Receivables From Officers Etc$85,510$84,545▼ $965
Total Assets$9,435,327$9,022,967▼ $412,360
Other Assets Total$141,688$141,905▲ $217
Liabilities
Mortgage Notes Payable Secured by Investment Property-$200,000-
Accounts Payable and Accrued Expenses$24,757$25,242▲ $485
Total Liabilities$24,757$225,242▲ $200,485
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,410,570$8,797,725▼ $612,845
Total Liabilities and Net Assets / Fund Balance$9,435,327$9,022,967▼ $412,360

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$42,840$119,097-
Land$26,664--
Equipment$10,759$126,416-
Leasehold Improvements$13,738$3,059-
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleBaseTotal
Rex BulgrienTreasurerManager$50,407$50,407

Board Members and Trustees

NameTitle
John TarwackiBoard Chair
Terry LitkaSupv Committee Chair
Clarissa Murray-PozsgaiBoard Vice Chair
Hulbert C Colwell IVBoard Member
Karen DerbyBoard Member
Sue NoensBoard Member
Susan BattlesBoard Member
Mary ZirilleBoard Secretary
James MageraSupv Committee
Tom YoudblisSupv Committee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$164,112
Investment Income
$80,991
Other Revenue
$49,821
Change in Net Assets
$-10,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,634
Salaries, Compensation, and Employee Benefits$125,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$115,839--$115,839
Office Expenses$70,021--$70,021
Fees for Services Other$43,136--$43,136
Occupancy$37,682--$37,682
All Other Expenses$12,518--$12,518
Payroll Taxes$9,181--$9,181
Conferences and Meetings$3,121--$3,121
Other Expenses$1,670--$1,670
Travel$277--$277
Interest$161--$161
Total Functional Expenses$305,654$0$0$305,654
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$85,510$84,545▼ $965
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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

Members or stockholder classes and rights Part VI line 6

“Each depositor is ashareholder”

Member election for additional members Part VI line 7A

“Each shareholder may vote in the election of board members.”

Governing body decisions Part VI line 7B

“Shareholders may override the board of directors at the annual meeting”

Form 990 governing body review Part VI line 11

“Form 990 is reviewed by the Board of Directors at their meeting”

Conflict of interest policy compliance Part VI line 12C

“Each Board Member signs a new agreement to the Conflict of Interest policy each year”

CEO executive director top management comp Part VI line 15A

“Compensation for our Treasurer/Manager was determined by reviewing data provided by the Indiana Credit Union League survey as well as comparing our managers experience with the levels shown in the survey”

Other officer or key employee compensation Part VI line 15B

“Key employee compensation was determined by reviewing the Indiana Credit Union League survey and comparing it to the experience level of our key employees”

Governing documents etc available to public Part VI line 19

“Governing documents are available for review by the general public during our normal business hours”

Filing and Contact Details

Filer

Filer Name
Department of Financial Institution
EIN
35-0670808
Address
53790 Generations Dr, South Bend, IN 46635-1539
Doing Business As
South Bend Post Office Credit

Signing Officer

Name
Rex Bulgrien
Title
Treasurer Manag
Phone
5742728581
Signed
2017-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rex Bulgrien 4 Key emp
Formed
1924
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
10

Preparer

Firm
Colwells Tax Service
Address
61642 Kingston Ct, South Bend, IN 46614-6445
Preparer
Hulbert C Colwell
Phone
5742916756
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Withdrawl of shares by members Withdrawl of shares by members”

List of other fees for services expenses Part IX line 11G

“Professional outside services: State Examiners, CPA review, and outside accounting services”

List of other expenses Part IX line 24E

“Dividends paid, Allowance for Loan Loss, and Cash Over/Short”

Raw XML AppendixShowing 400 of 534 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt024757
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025242
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Cooperative Financial Institution
IRS990/AllOtherExpensesGrp/ProgramServicesAmt012518
IRS990/AllOtherExpensesGrp/TotalAmt012518
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0Rex Bulgrien 4 Key emp
IRS990/BooksInCareOfDetail/PhoneNum05742728581
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt053790 Generations Dr
IRS990/BooksInCareOfDetail/USAddress/CityNm0South Bend
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0466351539
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt08360844
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt07758729
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0115839
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0115839
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03121
IRS990/ConferencesMeetingsGrp/TotalAmt03121
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt080991
IRS990/CYOtherExpensesAmt0180634
IRS990/CYOtherRevenueAmt049821
IRS990/CYProgramServiceRevenueAmt0164112
IRS990/CYRevenuesLessExpensesAmt0-10730
IRS990/CYSalariesCompEmpBnftPaidAmt0125020
IRS990/CYTotalExpensesAmt0305654
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0294924
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Provided loans to members of the credit union
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0South Bend Post Office Credit
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0305654
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt043136
IRS990/FeesForServicesOtherGrp/TotalAmt043136
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
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/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0Hulbert C Colwell IV
IRS990/Form990PartVIISectionAGrp/PersonNm1Karen Derby
IRS990/Form990PartVIISectionAGrp/PersonNm2Terry Litka
IRS990/Form990PartVIISectionAGrp/PersonNm3James Magera
IRS990/Form990PartVIISectionAGrp/PersonNm4Tom Youdblis
IRS990/Form990PartVIISectionAGrp/PersonNm5Susan Battles
IRS990/Form990PartVIISectionAGrp/PersonNm6Sue Noens
IRS990/Form990PartVIISectionAGrp/PersonNm7Mary Zirille
IRS990/Form990PartVIISectionAGrp/PersonNm8John Tarwacki
IRS990/Form990PartVIISectionAGrp/PersonNm9Rex Bulgrien
IRS990/Form990PartVIISectionAGrp/PersonNm10Clarissa Murray-Pozsgai
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/ReportableCompFromOrgAmt950407
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
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/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Supv Committee Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Supv Committee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Supv Committee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt9TreasurerManager
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Vice Chair
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01924
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0294924
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt0161
IRS990/InterestGrp/TotalAmt0161
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt080991
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt080991
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0248572
IRS990/LandBldgEquipBasisNetGrp/BOYAmt085267
IRS990/LandBldgEquipBasisNetGrp/EOYAmt094001
IRS990/LandBldgEquipCostOrOtherBssAmt0342573
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Cooperative Financial Institution
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0200000
IRS990/NetAssetsOrFundBalancesBOYAmt09410570
IRS990/NetAssetsOrFundBalancesEOYAmt08797725
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt037682
IRS990/OccupancyGrp/TotalAmt037682
IRS990/OfficeExpensesGrp/ProgramServicesAmt070021
IRS990/OfficeExpensesGrp/TotalAmt070021
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0141688
IRS990/OtherAssetsTotalGrp/EOYAmt0141905
IRS990/OtherChangesInNetAssetsAmt0-602115
IRS990/OtherExpensesGrp/Desc0Dues
IRS990/OtherExpensesGrp/Desc1Educational
IRS990/OtherExpensesGrp/Desc2Loan Servicing
IRS990/OtherExpensesGrp/Desc3Miscellaneous Expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt06278
IRS990/OtherExpensesGrp/ProgramServicesAmt13406
IRS990/OtherExpensesGrp/ProgramServicesAmt22364
IRS990/OtherExpensesGrp/ProgramServicesAmt31670
IRS990/OtherExpensesGrp/TotalAmt06278
IRS990/OtherExpensesGrp/TotalAmt13406
IRS990/OtherExpensesGrp/TotalAmt22364
IRS990/OtherExpensesGrp/TotalAmt31670
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/Desc0Fees and Charges
IRS990/OtherRevenueMiscGrp/Desc1Misc Operating Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt044400
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt15421
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt044400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt15421
IRS990/OtherRevenueTotalAmt049821
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03029783
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02743024
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt09181
IRS990/PayrollTaxesGrp/TotalAmt09181
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0796160
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0796160
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Rex Bulgrien 4 Key emp
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0Loan Interest
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0164112
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0164112
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt069380
IRS990/PYOtherExpensesAmt0214095
IRS990/PYOtherRevenueAmt043187
IRS990/PYProgramServiceRevenueAmt0157171
IRS990/PYRevenuesLessExpensesAmt0-59608
IRS990/PYSalariesCompEmpBnftPaidAmt0115251
IRS990/PYTotalExpensesAmt0329346
IRS990/PYTotalRevenueAmt0269738
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt085510
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt084545
IRS990/ReconcilationRevenueExpnssAmt0-10730
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0157171
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0253566
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0242836
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06093079
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05959492
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt042840
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0119097
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0161937
IRS990ScheduleD/EquipmentGrp/BookValueAmt010759
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0126416
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0137175
IRS990ScheduleD/LandGrp/BookValueAmt026664
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt026664
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt013738
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03059
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt016797
IRS990ScheduleD/TotalBookValueLandBuildingsAmt094001
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0396
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt19518
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt26730
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt311446
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt42276
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt53206
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt663
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt76350
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt8586
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt910589
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt109953
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt11522
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1216635
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt13574
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt145701
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd4true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd5true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd6true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd7true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd8true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd9true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd10true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd12true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd13true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd14true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd6false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd7false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd8false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd9false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd11false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd12false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd13false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd14false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd7X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd8X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd9X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd10X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd11X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd12X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd13X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd14X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Vehicle Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Vehicle Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Vehicle Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3Vehicle Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4Personal Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5Personal Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6Personal Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt7Signature
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt8Personal Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt9Signature
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt10Vehicle Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt11Home Improvement
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt12Vehicle Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt13Personal - Pledged
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt14Signature
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt08600
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt116000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt211642
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt322358
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt46000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt54600
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt65000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt76000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt83000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt912000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1012500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt112000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1213412
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt137000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt146000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Ruth Russell
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Hulbert Colwell
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Hulbert Colwell
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3Mary Zirille
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4Terry Litka
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5Terry Litka
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm6Terry Litka
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm7Terry Litka Co-Maker
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm8Karen Derby
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm9Mary Zirille
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm10Mary Zirille
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm11John Tarwacki
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm12John Tarwacki
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm13James Magera
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm14James Magera
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Loan OfficerTeller

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,022,967
Liabilities
$225,242
Net assets
$8,797,725
Revenue
$294,924
Expenses
$305,654
Net income
-$10,730
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.32$0.26$0.06
2018Detailed filing. Detailed filing data is available for this year.$8.92$0.01$8.90$0.39$0.31$0.08
2017Detailed filing. Detailed filing data is available for this year.$8.81$0.02$8.79$0.33$0.30$0.03
2016Detailed filing. Detailed filing data is available for this year.$9.02$0.23$8.80$0.29$0.31$0.01
2015Detailed filing. Detailed filing data is available for this year.$9.44$0.02$9.41$0.27$0.33$0.06
2014Detailed filing. Detailed filing data is available for this year.$9.65$0.02$9.63$0.27$0.28$0.01
2013Detailed filing. Detailed filing data is available for this year.$10.0$0.02$9.99$0.29$0.33$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$0.02$10.3$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$0.00$10.1$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$0.00$10.2$0.54