Civic Intelligence

Natco Credit Union

990 • Fiscal year 2015 • EIN 35-1047478

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 16, 2016

Organization ProfileWWW.NATCOCU.ORG

View Organization Page

PO Box 817Richmond, IN 47375-0817

(765) 962-2561

Siviq Scores

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

Liabilities / Assets

40th percentile

0.88x

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

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

10th percentile

10.71x

Higher debt load relative to revenue than 10% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Net Margin

24th percentile

3.2%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

95th percentile

$246,301

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2015

Asset Growth

86th percentile

8.9%

Faster asset growth than 86% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

83rd percentile

9.4%

Faster revenue growth than 83% of similar nonprofits.

2015 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$74,796,432

Up $6,125,683 (+8.9%) from 2014

Net Assets

Up

$8,853,896

Up $418,962 (+5.0%) from 2014

Liabilities

Up

$65,942,536

Up $5,706,721 (+9.5%) from 2014

Revenue And Expenses
Liabilities / Revenue10th percentileNet Margin24th percentile

Revenue

Up

$6,156,684

Up $527,163 (+9.4%) from 2014

Expenses

Up

$5,960,398

Up $710,981 (+14%) from 2014

Net Income

Down

$196,286

Down $183,818 (-48%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$200M$150M$100M$50M$0Assets 2010: $48,212,319Liabilities 2010: $30,375Net Assets 2010: $48,181,9442010Assets 2011: $52,422,689Liabilities 2011: $45,104,508Net Assets 2011: $7,318,1812011Assets 2012: $63,392,276Liabilities 2012: $55,560,070Net Assets 2012: $7,832,2062012Assets 2013: $64,346,677Liabilities 2013: $56,296,855Net Assets 2013: $8,049,8222013Assets 2014: $68,670,749Liabilities 2014: $60,235,815Net Assets 2014: $8,434,9342014Assets 2015: $74,796,432Liabilities 2015: $65,942,536Net Assets 2015: $8,853,8962015Assets 2016: $75,532,923Liabilities 2016: $66,456,621Net Assets 2016: $9,076,3022016Assets 2017: $79,514,852Liabilities 2017: $69,919,814Net Assets 2017: $9,595,0382017Assets 2018: $84,329,667Liabilities 2018: $73,613,778Net Assets 2018: $10,715,8892018Assets 2019: $91,464,921Liabilities 2019: $79,014,353Net Assets 2019: $12,450,5682019Assets 2020: $114,148,904Liabilities 2020: $100,066,517Net Assets 2020: $14,082,3872020Assets 2021: $134,204,698Liabilities 2021: $118,592,545Net Assets 2021: $15,612,1532021Assets 2022: $141,781,366Liabilities 2022: $127,787,531Net Assets 2022: $13,993,8352022Assets 2023: $147,381,680Liabilities 2023: $128,818,719Net Assets 2023: $18,562,9612023Assets 2024: $150,807,932Liabilities 2024: $130,033,462Net Assets 2024: $20,774,4702024

Highlighted filing

2015

Assets$74,796,432
Liabilities$65,942,536
Net Assets$8,853,896
Open 2015 Filing

Operations Trend

Revenue Growth83rd percentile

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

$20M$15M$10M$5.0M$0Expenses 2010: $4,309,2222010Expenses 2011: $4,363,3382011Expenses 2012: $4,359,7682012Revenue 2013: $5,204,197Expenses 2013: $4,943,900Net Income 2013: $260,2972013Revenue 2014: $5,629,521Expenses 2014: $5,249,417Net Income 2014: $380,1042014Revenue 2015: $6,156,684Expenses 2015: $5,960,398Net Income 2015: $196,2862015Revenue 2016: $6,880,082Expenses 2016: $6,704,700Net Income 2016: $175,3822016Revenue 2017: $7,689,959Expenses 2017: $7,136,129Net Income 2017: $553,8302017Revenue 2018: $9,273,732Expenses 2018: $8,216,546Net Income 2018: $1,057,1862018Revenue 2019: $10,301,500Expenses 2019: $8,969,533Net Income 2019: $1,331,9672019Revenue 2020: $9,950,492Expenses 2020: $8,679,724Net Income 2020: $1,270,7682020Revenue 2021: $10,613,875Expenses 2021: $8,082,443Net Income 2021: $2,531,4322021Revenue 2022: $12,112,969Expenses 2022: $9,749,351Net Income 2022: $2,363,6182022Revenue 2023: $17,076,231Expenses 2023: $12,355,665Net Income 2023: $4,720,5662023Revenue 2024: $15,620,397Expenses 2024: $13,834,758Net Income 2024: $1,785,6392024

Highlighted filing

2015

Revenue$6,156,684
Expenses$5,960,398
Net Income$196,286
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 16, 2016
Return Version
2015v2.1
Gross Receipts
$6,156,684
Mission and Program Overview

Mission

Cooperative financial institution.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$41,157,923$48,651,334▲ $7,493,411
Investments in Publicly Traded Securities$16,994,711$11,785,320▼ $5,209,391
Savings and Temporary Cash Investments$4,890,075$8,226,849▲ $3,336,774
Rtn Earn Endowment Incm Other Fnds$4,785,023$4,667,783▼ $117,240
Pd in Cap Srpls Land Bldg Eqp Fund$3,649,911$4,186,113▲ $536,202
Land, Buildings, and Equipment, Net$1,924,925$2,922,596▲ $997,671
Cash and Non-Interest-Bearing Accounts$1,868,486$1,807,475▼ $61,011
Prepaid Expenses and Deferred Charges$935,134$407,909▼ $527,225
Investments Other Securities$84,000$129,450▲ $45,450
Accounts Receivable$12,313$25,940▲ $13,627
Total Assets$68,670,749$74,796,432▲ $6,125,683
Other Assets Total$803,182$839,559▲ $36,377
Liabilities
Other Liabilities$60,019,499$65,606,141▲ $5,586,642
Accounts Payable and Accrued Expenses$178,118$313,322▲ $135,204
Escrow Account Liability$13,251$16,523▲ $3,272
Deferred Revenue$24,947$6,550▼ $18,397
Total Liabilities$60,235,815$65,942,536▲ $5,706,721
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,434,934$8,853,896▲ $418,962
Total Liabilities and Net Assets / Fund Balance$68,670,749$74,796,432▲ $6,125,683

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$840,754$1,989,973$2,830,727
Buildings$1,239,279$1,462,810$2,702,089
Land$842,563-$842,563
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cynthia DukeCEO/treasureFT$187,088$59,213$246,301
Cynthia DukeCEO/treasurer-$187,088$59,213$246,301
Brenda EstesVP FinanceFT$100,832$2,446$103,278
Lora DavisonCFOFT$74,076-$74,076
S Annette SandersVP CollectioFT$66,269$2,242$68,511

Board Members and Trustees

NameTitle
Mike HelmsChairman
Jack BucklandVice Chairma
David NuttyDirector
Don MccurdyDirector
Linda SherrowDirector
Pam PearsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,940,748
Investment Income
$269,660
Other Revenue
$1,946,276
Change in Net Assets
$196,286
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,469,524
Salaries, Compensation, and Employee Benefits$2,490,874
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,499,807
Fees for Services Other---$999,494
Current Officers, Directors, Trustees, and Key Employees---$492,166
Office Expenses---$485,225
Other Employee Benefits---$294,553
Advertising---$267,588
Depreciation Depletion---$253,909
Fees for Services Management---$176,469
Payroll Taxes---$154,031
Conferences and Meetings---$97,333
Occupancy---$93,326
All Other Expenses---$89,976
Other Expenses---$82,169
Pension Plan Contributions---$50,317
Information Technology---$30,147
Fees for Services Legal---$13,457
Fees for Services Accounting---$7,705
Interest---$118
Total Functional Expenses$0$0$0$5,960,398
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
Member Shares$65,606,141
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“The board of directors are elected by the credit union membership.”

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

“Management review prior to filing.”

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

“Inquiry at monthly board meetings and monitoring of share and loan accounts.”

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

“Performance reviewed by committee and salary within national salary survey limits.”

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

“Performance reviewed by committee and salary within national salary survey limits.”

Form 990, Page 6, Part VI, Line 19

“Upon request and available on ncua website.”

Filing and Contact Details

Filer

Filer Name
Natco Credit Union
EIN
35-1047478
Phone
7659622561
Address
PO BOX 817, RICHMOND, IN 47375-0817

Signing Officer

Name
Brenda Estes
Title
VP Finance
Phone
7659622561
Signed
2016-03-16

Organization Details

Principal Officer
Brenda Estes
Formed
1945
Legal Domicile
In
Voting Board Members
7
Independent Board Members
6
Employees
56
Volunteers
10

Preparer

Firm
Summers Carroll Whisler LLC
Address
330 EAST MAIN STREET, MUNCIE, IN 47305
Preparer
Michael G Whisler CPA
Phone
7652897951
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Loan and deposit services to approximately 13,880 members.”

Form 990, Part IX, Line 11G

“Ipay expense 47,414 0 0 atm costs 402,148 0 0 brokerage fees 58,038 0 0 pro outside services 233,708 0 0 rewards checking expense 65,535 0 0 statement processing 16,854 0 0 share draft 11,811 0 0 state exam 9,623 0 0 ira program 3,252 0 0 adp expense 9,494 0 0 miscellaneous 141,617 0 0”

Form 990, Part XI, Line 9

“Merger 228,368 unrealized loss -5,692 total 222,676”

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“Credit union holds escrow accounts for insurance/tax payments for members with mortgages. Amounts from members are collected and held until insurance/tax payements are due. The credit union pays the insurance/tax liabilities on behalf of the members.”

Raw XML Appendix395 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.

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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt041157923
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt048651334
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt0154031
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt03649911
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt04186113
IRS990/PensionPlanContributionsGrp/TotalAmt050317
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0935134
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0407909
IRS990/PrincipalOfficerNm0BRENDA ESTES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1524298
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1NON-MEMBER ATM AND INSURANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03905540
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03905540
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt135208
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt035208
IRS990/ProgSrvcAccomActyOtherGrp/Desc0LOAN AND DEPOSIT SERVICES TO APPROXIMATELY 13,880 MEMBERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0261673
IRS990/PYOtherExpensesAmt03185000
IRS990/PYOtherRevenueAmt01859461
IRS990/PYProgramServiceRevenueAmt03508387
IRS990/PYRevenuesLessExpensesAmt0380104
IRS990/PYSalariesCompEmpBnftPaidAmt02064417
IRS990/PYTotalExpensesAmt05249417
IRS990/PYTotalRevenueAmt05629521
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0196286
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04785023
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04667783
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04890075
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08226849
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01239279
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01462810
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02702089
IRS990ScheduleD/EquipmentGrp/BookValueAmt0840754
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01989973
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02830727
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0842563
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0842563
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt065606141
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CREDIT UNION HOLDS ESCROW ACCOUNTS FOR INSURANCE/TAX PAYMENTS FOR MEMBERS WITH MORTGAGES. AMOUNTS FROM MEMBERS ARE COLLECTED AND HELD UNTIL INSURANCE/TAX PAYEMENTS ARE DUE. THE CREDIT UNION PAYS THE INSURANCE/TAX LIABILITIES ON BEHALF OF THE MEMBERS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02922596
IRS990ScheduleD/TotalLiabilityAmt065606141
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0187088
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt051414
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt07799
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CYNTHIA DUKE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0246301
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LOAN AND DEPOSIT SERVICES TO APPROXIMATELY 13,880 MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INQUIRY AT MONTHLY BOARD MEETINGS AND MONITORING OF SHARE AND LOAN ACCOUNTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PERFORMANCE REVIEWED BY COMMITTEE AND SALARY WITHIN NATIONAL SALARY SURVEY LIMITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PERFORMANCE REVIEWED BY COMMITTEE AND SALARY WITHIN NATIONAL SALARY SURVEY LIMITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST AND AVAILABLE ON NCUA WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7IPAY EXPENSE 47,414 0 0 ATM COSTS 402,148 0 0 BROKERAGE FEES 58,038 0 0 PRO OUTSIDE SERVICES 233,708 0 0 REWARDS CHECKING EXPENSE 65,535 0 0 STATEMENT PROCESSING 16,854 0 0 SHARE DRAFT 11,811 0 0 STATE EXAM 9,623 0 0 IRA PROGRAM 3,252 0 0 ADP EXPENSE 9,494 0 0 MISCELLANEOUS 141,617 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MERGER 228,368 UNREALIZED LOSS -5,692 TOTAL 222,676
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt068670749
IRS990/TotalAssetsEOYAmt074796432
IRS990/TotalAssetsGrp/BOYAmt068670749
IRS990/TotalAssetsGrp/EOYAmt074796432
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt056
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt05960398
IRS990/TotalGrossUBIAmt035208
IRS990/TotalLiabilitiesBOYAmt060235815
IRS990/TotalLiabilitiesEOYAmt065942536
IRS990/TotalLiabilitiesGrp/BOYAmt060235815
IRS990/TotalLiabilitiesGrp/EOYAmt065942536
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08434934
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08853896
IRS990/TotalOtherCompensationAmt063901
IRS990/TotalProgramServiceRevenueAmt03940748
IRS990/TotalReportableCompFromOrgAmt0428265
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06121476
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06156684
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt035208
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt068670749
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt074796432
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 817
IRS990/USAddress/CityNm0RICHMOND
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd0473750817
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.NATCOCU.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENDA ESTES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum07659622561
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATCO CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0NATC
ReturnHeader/Filer/EIN0351047478
ReturnHeader/Filer/PhoneNum07659622561
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 817
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd0473750817
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351831899
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SUMMERS CARROLL WHISLER LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0330 EAST MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MUNCIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd047305
ReturnHeader/PreparerPersonGrp/PhoneNum07652897951
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL G WHISLER CPA
ReturnHeader/ReturnTs02016-04-11T16:24:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$74,796,432
Liabilities
$65,942,536
Net assets
$8,853,896
Revenue
$6,156,684
Expenses
$5,960,398
Net income
$196,286
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$151$130$20.8$15.6$13.8$1.79
2023Detailed filing. Detailed filing data is available for this year.$147$129$18.6$17.1$12.4$4.72
2022Detailed filing. Detailed filing data is available for this year.$142$128$14.0$12.1$9.75$2.36
2021Detailed filing. Detailed filing data is available for this year.$134$119$15.6$10.6$8.08$2.53
2020Detailed filing. Detailed filing data is available for this year.$114$100$14.1$9.95$8.68$1.27
2019Detailed filing. Detailed filing data is available for this year.$91.5$79.0$12.5$10.3$8.97$1.33
2018Detailed filing. Detailed filing data is available for this year.$84.3$73.6$10.7$9.27$8.22$1.06
2017Detailed filing. Detailed filing data is available for this year.$79.5$69.9$9.60$7.69$7.14$0.55
2016Detailed filing. Detailed filing data is available for this year.$75.5$66.5$9.08$6.88$6.70$0.18
2015Detailed filing. Detailed filing data is available for this year.$74.8$65.9$8.85$6.16$5.96$0.20
2014Detailed filing. Detailed filing data is available for this year.$68.7$60.2$8.43$5.63$5.25$0.38
2013Detailed filing. Detailed filing data is available for this year.$64.3$56.3$8.05$5.20$4.94$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.4$55.6$7.83$4.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.4$45.1$7.32$4.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.2$0.03$48.2$4.31