Civic Intelligence

Tech Credit Union

990 • Fiscal year 2015 • EIN 35-0885375

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 14, 2016

Organization Profilewww.techcu.org

View Organization Page

10951 broadwaycrown point, IN 46307-1727

(219) 663-5120

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.92x

Higher debt load relative to assets than 92% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

21.78x

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

2015 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2015

Net Margin

20th percentile

7.6%

Higher net margin than 20% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2015

Top Officer Pay

21st percentile

$282,431

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2015

Asset Growth

18th percentile

2.9%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2014 to 2015

Revenue Growth

36th percentile

3.7%

Faster revenue growth than 36% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$330,848,432

Up $9,358,773 (+2.9%) from 2014

Net Assets

Up

$26,788,290

Up $945,859 (+3.7%) from 2014

Liabilities

Up

$304,060,142

Up $8,412,914 (+2.8%) from 2014

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin20th percentile

Revenue

Up

$13,958,944

Up $496,537 (+3.7%) from 2014

Expenses

Down

$12,898,516

Down $800,045 (-5.8%) from 2014

Net Income

Up

$1,060,428

Up $1,296,582 (+549%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$600M$400M$200M$0Assets 2010: $283,484,571Liabilities 2010: $259,556,466Net Assets 2010: $23,928,1052010Assets 2011: $294,603,795Liabilities 2011: $269,963,194Net Assets 2011: $24,640,6012011Assets 2012: $310,700,667Liabilities 2012: $285,053,389Net Assets 2012: $25,647,2782012Assets 2013: $320,353,160Liabilities 2013: $294,282,697Net Assets 2013: $26,070,4632013Assets 2014: $321,489,659Liabilities 2014: $295,647,228Net Assets 2014: $25,842,4312014Assets 2015: $330,848,432Liabilities 2015: $304,060,142Net Assets 2015: $26,788,2902015Assets 2016: $346,316,433Liabilities 2016: $318,970,817Net Assets 2016: $27,345,6162016Assets 2017: $356,935,538Liabilities 2017: $328,302,095Net Assets 2017: $28,633,4432017Assets 2018: $360,917,214Liabilities 2018: $329,354,588Net Assets 2018: $31,562,6262018Assets 2021: $509,548,706Liabilities 2021: $470,386,395Net Assets 2021: $39,162,3112021Assets 2022: $536,572,543Liabilities 2022: $495,053,216Net Assets 2022: $41,519,3272022Assets 2023: $527,252,079Liabilities 2023: $479,256,849Net Assets 2023: $47,995,2302023Assets 2024: $542,967,604Liabilities 2024: $495,707,773Net Assets 2024: $47,259,8312024

Highlighted filing

2015

Assets$330,848,432
Liabilities$304,060,142
Net Assets$26,788,290
Open 2015 Filing

Operations Trend

Revenue Growth36th percentile

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $15,073,6092010Expenses 2011: $12,941,0882011Expenses 2012: $12,855,0702012Revenue 2013: $13,556,381Expenses 2013: $13,132,965Net Income 2013: $423,4162013Revenue 2014: $13,462,407Expenses 2014: $13,698,561Net Income 2014: -$236,1542014Revenue 2015: $13,958,944Expenses 2015: $12,898,516Net Income 2015: $1,060,4282015Revenue 2016: $14,321,695Expenses 2016: $13,617,003Net Income 2016: $704,6922016Revenue 2017: $14,937,838Expenses 2017: $13,796,508Net Income 2017: $1,141,3302017Revenue 2018: $17,272,387Expenses 2018: $14,245,724Net Income 2018: $3,026,6632018Revenue 2021: $20,890,462Expenses 2021: $18,440,676Net Income 2021: $2,449,7862021Revenue 2022: $23,189,269Expenses 2022: $20,696,239Net Income 2022: $2,493,0302022Revenue 2023: $33,400,748Expenses 2023: $26,556,412Net Income 2023: $6,844,3362023Revenue 2024: $29,777,395Expenses 2024: $30,672,003Net Income 2024: -$894,6082024

Highlighted filing

2015

Revenue$13,958,944
Expenses$12,898,516
Net Income$1,060,428
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 14, 2016
Return Version
2015v2.1
Gross Receipts
$14,145,168
Mission and Program Overview

Mission

To provide services that enable our members to achieve a lifetime of financial success.

To promote thrift and provide low cost loans to members. This is accomplished on a co-operative basis for the mutual benefit of those within the membership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$183,464,304$210,303,999▲ $26,839,695
Investments Other Securities$119,638,168$63,867,517▼ $55,770,651
Savings and Temporary Cash Investments-$28,003,379-
Rtn Earn Endowment Incm Other Fnds$25,842,429$26,788,290▲ $945,861
Land, Buildings, and Equipment, Net$10,235,641$9,580,714▼ $654,927
Cash and Non-Interest-Bearing Accounts$2,642,665$6,029,694▲ $3,387,029
Prepaid Expenses and Deferred Charges$1,442,547$643,650▼ $798,897
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$321,489,659$330,848,432▲ $9,358,773
Other Assets Total$4,066,334$12,419,479▲ $8,353,145
Liabilities
Other Liabilities$293,677,755$301,654,521▲ $7,976,766
Accounts Payable and Accrued Expenses$1,969,475$2,405,621▲ $436,146
Total Liabilities$295,647,230$304,060,142▲ $8,412,912
Net Assets / Fund Balance
Total Net Assets Fund Balance$25,842,429$26,788,290▲ $945,861
Total Liabilities and Net Assets / Fund Balance$321,489,659$330,848,432▲ $9,358,773

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,129,522$3,909,753$10,039,275
Equipment$931,538$4,136,933$5,068,471
Land$2,519,654-$2,519,654
Other Securities$7,866,291--
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael HusseyPresident / CEOFT$232,062$50,369$282,431
Richard LundstromExecutive Vice PresidentFT$148,504$34,341$182,845
Michael CaseyComptrollerFT$133,588$34,566$168,154
Richard SimagaDirector of Commercial LendingFT$105,405$27,328$132,733
Mary Jo DuncanVice President of LendingFT$109,123$18,000$127,123
Larry SchafferVice President of MarketingFT$101,744$17,201$118,945
Edward PetyoSecretary-$1,800-$1,800
Joe Machara1st Vice-chairperson-$1,800-$1,800
Patricia Cordray2nd Vice-chairperson-$1,800-$1,800
Christine AthertonDirector-$1,650-$1,650
James MackTreasurer-$1,650-$1,650
John LewersDirector-$1,500-$1,500
Lisa BeckDirector-$1,500-$1,500
Richard YoungChairperson-$1,500-$1,500
Walter GarbarczykDirector-$1,500-$1,500

Highest Paid Contractors

ContractorServicesLocationCompensation
FiservInformation technologies255 fiserv dr, brookfield, WI 53045$999,928
digital insightdigital banking solutions1300 seaport blvd, redwood city, CA 94063$476,388
At&tcommunications208 s akard st, dallas, TX 75202$245,200
chester incinformation technologies555 eastport centre dr, valparaiso, IN 46383$117,390
comcast corporationcommunications1701 jfk blvd, philadelphia, PA 19103$116,907
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,795,508
Investment Income
$1,126,282
Other Revenue
$37,154
Change in Net Assets
$1,060,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,999,779
Salaries, Compensation, and Employee Benefits$5,898,737
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,867,249
Interest---$1,088,941
Other Employee Benefits---$728,643
Occupancy---$678,491
Current Officers, Directors, Trustees, and Key Employees---$648,130
Depreciation Depletion---$604,142
Office Expenses---$570,558
Information Technology---$431,457
Advertising---$390,455
Payroll Taxes---$335,470
Pension Plan Contributions---$319,245
Other Expenses---$237,031
Fees for Services Other---$93,741
All Other Expenses---$70,859
Fees for Services Accounting---$37,716
Fees for Services Legal---$37,242
Total Functional Expenses$0$0$0$12,898,516
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 savings$301,654,521
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“A member is defined as any individual or business that has loan or deposit accounts at the credit union.”

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

“Major decisions, such as whether or not to merge into another credit union, would require ratification by the membership to be approved.”

Form 990, Part VI, Section B, line 11

“Management reviews form 990 before it is filed with the irs. Board does not review the form 990 before filing.”

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

“All board members and executive staff complete a conflict of interest statement on an annual basis. The credit union's internal auditor reviews these statements to ensure completion and compliance.”

Form 990, Part VI, Section B, line 15

“Compensation is determined as part of each individuals' annual review. The compensation amounts are included in the budget that is approved by the board of directors.”

Form 990, Part VI, Section C, line 19

“The credit union's governing documents are on file with the indiana secretary of state's office. A copy of these documents can be obtained through this office. The credit union's financial statements are on display in the lobby of the credit union's home office. The credit union's conflict of interest policy is not made available to the general public.”

Filing and Contact Details

Filer

Filer Name
Tech Credit Union
EIN
35-0885375
Phone
2196635120
Address
10951 broadway, crown point, IN 46307-1727

Signing Officer

Name
Michael M Hussey
Title
President & CEO
Phone
2196635120
Signed
2016-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael M Hussey
Formed
1936
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
129
Volunteers
0

Preparer

Firm
Plante & Moran Pllc
Address
511 Renaissance Dr Ste 120, St Joseph, MI 49085
Preparer
Kenley Penner CPA
Phone
2699828000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Net unrealized loss on Defined benefit pension plan -10,133.”

Form 990, Part XII, Line 2C:

“This process has not changed significantly from the prior year. The credit union's supervisory committee assumes responsibility for oversight of the audit and selection of the independant accountant.”

Raw XML AppendixShowing 400 of 554 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/BOYAmt01969475
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02405621
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE THRIFT AND PROVIDE LOW COST LOANS TO MEMBERS. THIS IS ACCOMPLISHED ON A CO-OPERATIVE BASIS FOR THE MUTUAL BENEFIT OF THOSE WITHIN THE MEMBERSHIP.
IRS990/AdvertisingGrp/TotalAmt0390455
IRS990/AllOtherExpensesGrp/TotalAmt070859
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL M HUSSEY
IRS990/BooksInCareOfDetail/PhoneNum02196635120
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010951 broadway
IRS990/BooksInCareOfDetail/USAddress/CityNm0crown point
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0463071727
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt02642665
IRS990/CashNonInterestBearingGrp/EOYAmt06029694
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt06
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0648130
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0999928
IRS990/ContractorCompensationGrp/CompensationAmt1476388
IRS990/ContractorCompensationGrp/CompensationAmt2245200
IRS990/ContractorCompensationGrp/CompensationAmt3117390
IRS990/ContractorCompensationGrp/CompensationAmt4116907
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0255 fiserv dr
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11300 seaport blvd
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2208 s akard st
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3555 eastport centre dr
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt41701 jfk blvd
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0brookfield
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1redwood city
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2dallas
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3valparaiso
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4philadelphia
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0WI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd053045
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd194063
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd275202
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd346383
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd419103
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0FISERV
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1digital insight
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2AT&T
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3chester inc
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4comcast corporation
IRS990/ContractorCompensationGrp/ServicesDesc0Information technologies
IRS990/ContractorCompensationGrp/ServicesDesc1digital banking solutions
IRS990/ContractorCompensationGrp/ServicesDesc2communications
IRS990/ContractorCompensationGrp/ServicesDesc3information technologies
IRS990/ContractorCompensationGrp/ServicesDesc4communications
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01126282
IRS990/CYOtherExpensesAmt06999779
IRS990/CYOtherRevenueAmt037154
IRS990/CYProgramServiceRevenueAmt012795508
IRS990/CYRevenuesLessExpensesAmt01060428
IRS990/CYSalariesCompEmpBnftPaidAmt05898737
IRS990/CYTotalExpensesAmt012898516
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt013958944
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0604142
IRS990/Desc0MAINTAIN SAVINGS ACCOUNTS FOR MEMBERS (TO PROMOTE THRIFT) AND OFFER LOANS TO MEMBERS AT LOW COST AND REASONABLE INTEREST RATES. THE CREDIT UNION HAD APPROXIMATELY 37,834 MEMBERS AT THE END OF THE YEAR.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0129
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt037716
IRS990/FeesForServicesLegalGrp/TotalAmt037242
IRS990/FeesForServicesOtherGrp/TotalAmt093741
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
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/OtherCompensationAmt939160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1031776
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1131267
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1218000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1327328
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1417201
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES MACK
IRS990/Form990PartVIISectionAGrp/PersonNm1WALTER GARBARCZYK
IRS990/Form990PartVIISectionAGrp/PersonNm2JOE MACHARA
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN LEWERS
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm5EDWARD PETYO
IRS990/Form990PartVIISectionAGrp/PersonNm6CHRISTINE ATHERTON
IRS990/Form990PartVIISectionAGrp/PersonNm7LISA BECK
IRS990/Form990PartVIISectionAGrp/PersonNm8PATRICIA CORDRAY
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL HUSSEY
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD LUNDSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL CASEY
IRS990/Form990PartVIISectionAGrp/PersonNm12MARY JO DUNCAN
IRS990/Form990PartVIISectionAGrp/PersonNm13RICHARD SIMAGA
IRS990/Form990PartVIISectionAGrp/PersonNm14Larry Schaffer
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt41500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt71500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt81800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9243271
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10151069
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11136887
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12109123
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13105405
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14101744
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21ST VICE-CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt82ND VICE-CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT / CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11COMPTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT OF LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIR. OF COMMERCIAL LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt14Vice President of Marketing
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0145811
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0332035
IRS990/GrossReceiptsAmt014145168
IRS990/GrossRentsGrp/RealAmt037154
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0431457
IRS990/InterestGrp/TotalAmt01088941
IRS990/InvestmentIncomeGrp/ExclusionAmt0980471
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0980471
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0119638168
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt063867517
IRS990/IRPDocumentCnt04309
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08046686
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010235641
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09580714
IRS990/LandBldgEquipCostOrOtherBssAmt017627400
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0186224
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE SERVICES THAT ENABLE OUR MEMBERS TO ACHIEVE A LIFETIME OF FINANCIAL SUCCESS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt025842429
IRS990/NetAssetsOrFundBalancesEOYAmt026788290
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0145811
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0145811
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt037154
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt037154
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-104434
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0678491
IRS990/OfficeExpensesGrp/TotalAmt0570558
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04066334
IRS990/OtherAssetsTotalGrp/EOYAmt012419479
IRS990/OtherChangesInNetAssetsAmt0-10133
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0728643
IRS990/OtherExpensesGrp/Desc0Operations
IRS990/OtherExpensesGrp/Desc1Provision for Loan Loss
IRS990/OtherExpensesGrp/Desc2Service Center Fees
IRS990/OtherExpensesGrp/Desc3Loan Servicing Expense
IRS990/OtherExpensesGrp/TotalAmt02256925
IRS990/OtherExpensesGrp/TotalAmt1261368
IRS990/OtherExpensesGrp/TotalAmt2240853
IRS990/OtherExpensesGrp/TotalAmt3237031
IRS990/OtherLiabilitiesGrp/BOYAmt0293677755
IRS990/OtherLiabilitiesGrp/EOYAmt0301654521
IRS990/OtherSalariesAndWagesGrp/TotalAmt03867249
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0183464304
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0210303999
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0335470
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0319245
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01442547
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0643650
IRS990/PrincipalOfficerNm0Michael M Hussey
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0Loan Interest
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08499267
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14296241
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08499267
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14296241
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01058414
IRS990/PYOtherExpensesAmt07912394
IRS990/PYOtherRevenueAmt04357645
IRS990/PYProgramServiceRevenueAmt08046348
IRS990/PYRevenuesLessExpensesAmt0-236154
IRS990/PYSalariesCompEmpBnftPaidAmt05786167
IRS990/PYTotalExpensesAmt013698561
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013462407
IRS990/ReconcilationRevenueExpnssAmt01060428
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt037154
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt025842429
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt026788290
IRS990/SavingsAndTempCashInvstGrp/EOYAmt028003379
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt06129522
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03909753
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010039275
IRS990ScheduleD/EquipmentGrp/BookValueAmt0931538
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04136933
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05068471
IRS990ScheduleD/LandGrp/BookValueAmt02519654
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02519654
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0301654521
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Members' shares and savings
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt040686000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11359073
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt213956153
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt37866291
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Certificates of deposit
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Investment in Subsidiary
IRS990ScheduleD/OtherSecuritiesGrp/Desc2NCUA Guarenteed Notes
IRS990ScheduleD/OtherSecuritiesGrp/Desc3Mortgage backed securities
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09580714
IRS990ScheduleD/TotalBookValueSecuritiesAmt063867517
IRS990ScheduleD/TotalLiabilityAmt0301654521
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0232062
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1148504
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2133588
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount07436
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount12565
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount23299
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt022406
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt114989
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt213534
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt016754
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt116787
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt217733
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt03773
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$330,848,432
Liabilities
$304,060,142
Net assets
$26,788,290
Revenue
$13,958,944
Expenses
$12,898,516
Net income
$1,060,428
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$543$496$47.3$29.8$30.7$0.89
2023Detailed filing. Detailed filing data is available for this year.$527$479$48.0$33.4$26.6$6.84
2022Detailed filing. Detailed filing data is available for this year.$537$495$41.5$23.2$20.7$2.49
2021Detailed filing. Detailed filing data is available for this year.$510$470$39.2$20.9$18.4$2.45
2018Detailed filing. Detailed filing data is available for this year.$361$329$31.6$17.3$14.2$3.03
2017Detailed filing. Detailed filing data is available for this year.$357$328$28.6$14.9$13.8$1.14
2016Detailed filing. Detailed filing data is available for this year.$346$319$27.3$14.3$13.6$0.70
2015Detailed filing. Detailed filing data is available for this year.$331$304$26.8$14.0$12.9$1.06
2014Detailed filing. Detailed filing data is available for this year.$321$296$25.8$13.5$13.7$0.24
2013Detailed filing. Detailed filing data is available for this year.$320$294$26.1$13.6$13.1$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$311$285$25.6$12.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$295$270$24.6$12.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$283$260$23.9$15.1