Civic Intelligence

Martin County Cooperative

990 • Fiscal year 2020 • EIN 35-0989101

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 02, 2021

Organization Profile
PO Box 183Loogootee, IN 47553

(812) 295-3484

Siviq Scores

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

Liabilities / Assets

40th percentile

0.86x

Higher debt load relative to assets than 40% of similar nonprofits.

2020 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

56th percentile

22.88x

Higher debt load relative to revenue than 56% of similar nonprofits.

2020 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2020

Net Margin

81st percentile

18%

Higher net margin than 81% of similar nonprofits.

2020 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

13th percentile

$1,500

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2020 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2020

Asset Growth

85th percentile

20%

Faster asset growth than 85% of similar nonprofits.

2020 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

-2.3%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$15,579,816

Up $2,584,541 (+20%) from 2019

Net Assets

Up

$2,240,055

Up $106,559 (+5.0%) from 2019

Liabilities

Up

$13,339,761

Up $2,477,982 (+23%) from 2019

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin81st percentile

Revenue

Down

$583,073

Down $13,586 (-2.3%) from 2019

Expenses

Up

$476,516

Up $27,477 (+6.1%) from 2019

Net Income

Down

$106,557

Down $41,063 (-28%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$30M$20M$10M$0Assets 2011: $10,071,185Liabilities 2011: $8,979,277Net Assets 2011: $1,091,9082011Assets 2012: $10,648,018Liabilities 2012: $9,449,062Net Assets 2012: $1,198,9562012Assets 2013: $11,253,930Liabilities 2013: $9,989,409Net Assets 2013: $1,264,5212013Assets 2014: $11,619,234Liabilities 2014: $10,244,466Net Assets 2014: $1,374,7682014Assets 2015: $11,787,930Liabilities 2015: $10,283,453Net Assets 2015: $1,504,4772015Assets 2016: $12,882,100Liabilities 2016: $11,223,515Net Assets 2016: $1,658,5852016Assets 2017: $12,532,539Liabilities 2017: $10,732,627Net Assets 2017: $1,799,9122017Assets 2019: $12,995,275Liabilities 2019: $10,861,779Net Assets 2019: $2,133,4962019Assets 2020: $15,579,816Liabilities 2020: $13,339,761Net Assets 2020: $2,240,0552020Assets 2021: $17,354,100Liabilities 2021: $14,909,420Net Assets 2021: $2,444,6802021Assets 2022: $18,514,659Liabilities 2022: $15,825,253Net Assets 2022: $2,689,4062022Assets 2024: $21,731,101Liabilities 2024: $18,260,815Net Assets 2024: $3,470,2862024

Highlighted filing

2020

Assets$15,579,816
Liabilities$13,339,761
Net Assets$2,240,055
Open 2020 Filing

Operations Trend

Revenue Growth68th percentile

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

$1.5M$1.0M$500K$0Expenses 2011: $431,9582011Expenses 2012: $394,1762012Revenue 2013: $500,021Expenses 2013: $434,456Net Income 2013: $65,5652013Revenue 2014: $478,046Expenses 2014: $367,799Net Income 2014: $110,2472014Revenue 2015: $522,611Expenses 2015: $392,902Net Income 2015: $129,7092015Revenue 2016: $537,003Expenses 2016: $382,895Net Income 2016: $154,1082016Revenue 2017: $537,518Expenses 2017: $396,191Net Income 2017: $141,3272017Revenue 2019: $596,659Expenses 2019: $449,039Net Income 2019: $147,6202019Revenue 2020: $583,073Expenses 2020: $476,516Net Income 2020: $106,5572020Revenue 2021: $701,388Expenses 2021: $496,762Net Income 2021: $204,6262021Revenue 2022: $722,519Expenses 2022: $477,792Net Income 2022: $244,7272022Revenue 2024: $1,389,017Expenses 2024: $937,125Net Income 2024: $451,8922024

Highlighted filing

2020

Revenue$583,073
Expenses$476,516
Net Income$106,557
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 2, 2021
Return Version
2020v4.0
Gross Receipts
$583,073
Mission and Program Overview

Mission

State chartered cooperative credit union, offering loans and deposits to its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$11,159,028$12,009,294▲ $850,266
Cash and Non-Interest-Bearing Accounts$1,130,813$2,233,773▲ $1,102,960
Rtn Earn Endowment Incm Other Fnds$1,359,396$1,429,155▲ $69,759
Savings and Temporary Cash Investments$511,000$1,136,000▲ $625,000
Pd in Cap Srpls Land Bldg Eqp Fund$774,100$810,900▲ $36,800
Land, Buildings, and Equipment, Net$72,620$74,361▲ $1,741
Prepaid Expenses and Deferred Charges$15,277$18,430▲ $3,153
Total Assets$12,995,275$15,579,816▲ $2,584,541
Other Assets Total$106,537$107,958▲ $1,421
Liabilities
Other Liabilities$10,861,779$13,339,761▲ $2,477,982
Total Liabilities$10,861,779$13,339,761▲ $2,477,982
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,133,496$2,240,055▲ $106,559
Total Liabilities and Net Assets / Fund Balance$12,995,275$15,579,816▲ $2,584,541

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$74,361--
Compensation and Service Providers
Top Officer Pay13th percentile

Employees

NameTitleBaseTotal
Carolyn McguireDirector$1,500$1,500
Jenell HoffmanDirector$1,400$1,400
Brandon CarricoDirector$1,300$1,300
Donald L WiningerChairman$1,300$1,300
John a WalkerVice Chair$1,300$1,300
Donnie ReinhartCommittee Me$1,080$1,080
Nick ToyCommittee Me$1,060$1,060
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$583,073
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$106,557
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$278,462
Salaries, Compensation, and Employee Benefits$198,054
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$163,127--$163,127
Interest$152,674--$152,674
Office Expenses$53,093--$53,093
Other Employee Benefits$34,927--$34,927
Occupancy$13,296--$13,296
Travel$9,090--$9,090
Fees for Services Accounting$6,400--$6,400
Advertising$1,320--$1,320
Other Expenses$675--$675
Total Functional Expenses$476,516$0$0$476,516
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
Demand Deposits Payable$7,304,287
Cerificates of Deposit Payable$6,032,995
Other Liabilities$2,479
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“All depositors of the credit union are also members”

Form 990, Page 6, Part VI, Line 7A

“All members are eligible to vote in the election of the board of directors”

Form 990, Page 6, Part VI, Line 7B

“All members of the borad of directors are elected by vote of the members of the credit union.”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is prepared by an independent cpa firm hired by the manager of the credit union. Prior to filing the return, the manager reviews it and it is presented to and reviewed by the board of directors.”

Form 990, Page 6, Part VI, Line 12C

“Any possible conflicts of interest are brought up, discussed and acted on by the board at their periodic meetings.”

Form 990, Page 6, Part VI, Line 15A

“The salaries of all employees are determined and approved by the board and are comparable to credit unions of similar size”

Form 990, Page 6, Part VI, Line 15B

“The salaries of all employees are determined and approved by the board and are comparable to credit unions of similar size”

Form 990, Page 6, Part VI, Line 19

“All governing documents, policies and financial information are avaialble to members upon request.”

Filing and Contact Details

Filer

Filer Name
Martin County Cooperative
EIN
35-0989101
Phone
8122953484
Address
PO BOX 183, LOOGOOTEE, IN 47553
Doing Business As
Martin County Co-op Credit Union

Signing Officer

Name
Michael Hurt
Title
Credit Union Manager
Phone
8122953484
Signed
2021-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Hurt
Formed
1948
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
4

Preparer

Firm
NONTE & COMPANY LLC CPA'S
Address
1 DCB PLAZA STE 301, JASPER, IN 47546-2971
Preparer
Joseph Mark Trout
Phone
8124826330
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“ROUNDING 2”

Raw XML Appendix333 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0STATE CHARTERED COOPERATIVE CREDIT UNION, OFFERING LOANS AND DEPOSITS TO ITS MEMBERS.
IRS990/AdvertisingGrp/ProgramServicesAmt01320
IRS990/AdvertisingGrp/TotalAmt01320
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARTIN COUNTY COOPERATIVE
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0MARTIN COUNTY COOPERATIVE
IRS990/BooksInCareOfDetail/PhoneNum08122953484
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0201 MILL STREET
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0201 MILL STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOOGOOTEE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047553
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01130813
IRS990/CashNonInterestBearingGrp/EOYAmt02233773
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0278462
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0583073
IRS990/CYRevenuesLessExpensesAmt0106557
IRS990/CYSalariesCompEmpBnftPaidAmt0198054
IRS990/CYTotalExpensesAmt0476516
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0583073
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0STATE CHARTERED CREDIT UNION
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0MARTIN COUNTY CO-OP CREDIT UNION
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0476516
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06400
IRS990/FeesForServicesAccountingGrp/TotalAmt06400
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
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/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0CAROLYN MCGUIRE
IRS990/Form990PartVIISectionAGrp/PersonNm1JENELL HOFFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2BRANDON CARRICO
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN A WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm4DONALD L WININGER
IRS990/Form990PartVIISectionAGrp/PersonNm5DONNIE REINHART
IRS990/Form990PartVIISectionAGrp/PersonNm6NICK TOY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt41300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51080
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61060
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5COMMITTEE ME
IRS990/Form990PartVIISectionAGrp/TitleTxt6COMMITTEE ME
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01948
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0583073
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt0152674
IRS990/InterestGrp/TotalAmt0152674
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt0365
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt072620
IRS990/LandBldgEquipBasisNetGrp/EOYAmt074361
IRS990/LandBldgEquipCostOrOtherBssAmt074361
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0STATE CHARTERED COOPERATIVE CREDIT UNION, OFFERING LOANS AND DEPOSITS TO ITS MEMBERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02133496
IRS990/NetAssetsOrFundBalancesEOYAmt02240055
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt013296
IRS990/OccupancyGrp/TotalAmt013296
IRS990/OfficeExpensesGrp/ProgramServicesAmt053093
IRS990/OfficeExpensesGrp/TotalAmt053093
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0106537
IRS990/OtherAssetsTotalGrp/EOYAmt0107958
IRS990/OtherChangesInNetAssetsAmt02
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt034927
IRS990/OtherEmployeeBenefitsGrp/TotalAmt034927
IRS990/OtherExpensesGrp/Desc0MISC
IRS990/OtherExpensesGrp/Desc1ASSOC. DUES
IRS990/OtherExpensesGrp/Desc2LOAN SERVICE
IRS990/OtherExpensesGrp/Desc3PROV. FOR LOAN LOSS
IRS990/OtherExpensesGrp/ProgramServicesAmt026494
IRS990/OtherExpensesGrp/ProgramServicesAmt112792
IRS990/OtherExpensesGrp/ProgramServicesAmt22628
IRS990/OtherExpensesGrp/ProgramServicesAmt3675
IRS990/OtherExpensesGrp/TotalAmt026494
IRS990/OtherExpensesGrp/TotalAmt112792
IRS990/OtherExpensesGrp/TotalAmt22628
IRS990/OtherExpensesGrp/TotalAmt3675
IRS990/OtherLiabilitiesGrp/BOYAmt010861779
IRS990/OtherLiabilitiesGrp/EOYAmt013339761
IRS990/OtherOrganizationDsc0NOT FOR PROF
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0163127
IRS990/OtherSalariesAndWagesGrp/TotalAmt0163127
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt011159028
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt012009294
IRS990/PartialLiquidationInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0774100
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0810900
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015277
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018430
IRS990/PrincipalOfficerNm0MICHAEL HURT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1MISC SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2INTEREST FROM CD'S
IRS990/ProgramServiceRevenueGrp/Desc3FEES & CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0526673
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt137081
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214435
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34884
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0526673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137081
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214435
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34884
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYOtherExpensesAmt0266779
IRS990/PYProgramServiceRevenueAmt0596659
IRS990/PYRevenuesLessExpensesAmt0147620
IRS990/PYSalariesCompEmpBnftPaidAmt0182260
IRS990/PYTotalExpensesAmt0449039
IRS990/PYTotalRevenueAmt0596659
IRS990/ReconcilationRevenueExpnssAmt0106557
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0583073
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01359396
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01429155
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0511000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01136000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt074361
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt074361
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07304287
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16032995
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22479
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEMAND DEPOSITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CERIFICATES OF DEPOSIT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt074361
IRS990ScheduleD/TotalLiabilityAmt013339761
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL DEPOSITORS OF THE CREDIT UNION ARE ALSO MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS ARE ELIGIBLE TO VOTE IN THE ELECTION OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS OF THE BORAD OF DIRECTORS ARE ELECTED BY VOTE OF THE MEMBERS OF THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM HIRED BY THE MANAGER OF THE CREDIT UNION. PRIOR TO FILING THE RETURN, THE MANAGER REVIEWS IT AND IT IS PRESENTED TO AND REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANY POSSIBLE CONFLICTS OF INTEREST ARE BROUGHT UP, DISCUSSED AND ACTED ON BY THE BOARD AT THEIR PERIODIC MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SALARIES OF ALL EMPLOYEES ARE DETERMINED AND APPROVED BY THE BOARD AND ARE COMPARABLE TO CREDIT UNIONS OF SIMILAR SIZE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE SALARIES OF ALL EMPLOYEES ARE DETERMINED AND APPROVED BY THE BOARD AND ARE COMPARABLE TO CREDIT UNIONS OF SIMILAR SIZE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION ARE AVAIALBLE TO MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ROUNDING 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012995275
IRS990/TotalAssetsEOYAmt015579816
IRS990/TotalAssetsGrp/BOYAmt012995275
IRS990/TotalAssetsGrp/EOYAmt015579816
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0476516
IRS990/TotalFunctionalExpensesGrp/TotalAmt0476516
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010861779
IRS990/TotalLiabilitiesEOYAmt013339761
IRS990/TotalLiabilitiesGrp/BOYAmt010861779
IRS990/TotalLiabilitiesGrp/EOYAmt013339761
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02133496
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02240055
IRS990/TotalProgramServiceExpensesAmt0476516
IRS990/TotalProgramServiceRevenueAmt0583073
IRS990/TotalReportableCompFromOrgAmt08940
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0583073
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0583073
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012995275
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015579816
IRS990/TravelGrp/ProgramServicesAmt09090
IRS990/TravelGrp/TotalAmt09090
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0177 COUNTRY COURT
IRS990/USAddress/AddressLine2Txt0177 COUNTRY COURT
IRS990/USAddress/CityNm0LOOGOOTEE
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd047553
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HURT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CREDIT UNION MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum08122953484
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARTIN COUNTY COOPERATIVE
ReturnHeader/Filer/BusinessNameControlTxt0MART
ReturnHeader/Filer/EIN0350989101
ReturnHeader/Filer/PhoneNum08122953484
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 183
ReturnHeader/Filer/USAddress/CityNm0LOOGOOTEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047553
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352029934
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NONTE & COMPANY LLC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 DCB PLAZA STE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JASPER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0475462971
ReturnHeader/PreparerPersonGrp/PhoneNum08124826330
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH MARK TROUT
ReturnHeader/ReturnTs02021-11-09T15:22:35-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HURT
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,579,816
Liabilities
$13,339,761
Net assets
$2,240,055
Revenue
$583,073
Expenses
$476,516
Net income
$106,557
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.7$18.3$3.47$1.39$0.94$0.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$15.8$2.69$0.72$0.48$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.4$14.9$2.44$0.70$0.50$0.20
2020Detailed filing. Detailed filing data is available for this year.$15.6$13.3$2.24$0.58$0.48$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$10.9$2.13$0.60$0.45$0.15
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$10.7$1.80$0.54$0.40$0.14
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$11.2$1.66$0.54$0.38$0.15
2015Detailed filing. Detailed filing data is available for this year.$11.8$10.3$1.50$0.52$0.39$0.13
2014Detailed filing. Detailed filing data is available for this year.$11.6$10.2$1.37$0.48$0.37$0.11
2013Detailed filing. Detailed filing data is available for this year.$11.3$9.99$1.26$0.50$0.43$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$9.45$1.20$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$8.98$1.09$0.43