Civic Intelligence

Natco Credit Union

990 • Fiscal year 2016 • EIN 35-1047478

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 27, 2017

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

39th percentile

0.88x

Higher debt load relative to assets than 39% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

8th percentile

9.66x

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

2016 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2016

Net Margin

25th percentile

2.5%

Higher net margin than 25% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

94th percentile

$244,960

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2016

Asset Growth

25th percentile

1.0%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

86th percentile

12%

Faster revenue growth than 86% of similar nonprofits.

2016 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$75,532,923

Up $736,491 (+1.0%) from 2015

Net Assets

Up

$9,076,302

Up $222,406 (+2.5%) from 2015

Liabilities

Up

$66,456,621

Up $514,085 (+0.8%) from 2015

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin25th percentile

Revenue

Up

$6,880,082

Up $723,398 (+12%) from 2015

Expenses

Up

$6,704,700

Up $744,302 (+12%) from 2015

Net Income

Down

$175,382

Down $20,904 (-11%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth25th 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

2016

Assets$75,532,923
Liabilities$66,456,621
Net Assets$9,076,302
Open 2016 Filing

Operations Trend

Revenue Growth86th 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

2016

Revenue$6,880,082
Expenses$6,704,700
Net Income$175,382
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 27, 2017
Return Version
2016v3.0
Gross Receipts
$6,880,082
Mission and Program Overview

Mission

Cooperative financial institution.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$48,651,334$48,905,983▲ $254,649
Investments in Publicly Traded Securities$11,785,320$12,396,804▲ $611,484
Savings and Temporary Cash Investments$8,226,849$8,154,649▼ $72,200
Rtn Earn Endowment Incm Other Fnds$4,667,783$4,606,135▼ $61,648
Pd in Cap Srpls Land Bldg Eqp Fund$4,186,113$4,470,167▲ $284,054
Land, Buildings, and Equipment, Net$2,922,596$3,006,814▲ $84,218
Cash and Non-Interest-Bearing Accounts$1,807,475$1,645,364▼ $162,111
Prepaid Expenses and Deferred Charges$407,909$310,186▼ $97,723
Investments Other Securities$129,450$185,615▲ $56,165
Accounts Receivable$25,940$7,192▼ $18,748
Total Assets$74,796,432$75,532,923▲ $736,491
Other Assets Total$839,559$920,316▲ $80,757
Liabilities
Other Liabilities$65,606,141$65,984,054▲ $377,913
Accounts Payable and Accrued Expenses$313,322$405,677▲ $92,355
Deferred Revenue$6,550$51,887▲ $45,337
Escrow Account Liability$16,523$15,003▼ $1,520
Total Liabilities$65,942,536$66,456,621▲ $514,085
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,853,896$9,076,302▲ $222,406
Total Liabilities and Net Assets / Fund Balance$74,796,432$75,532,923▲ $736,491

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$983,182$2,162,949$3,146,131
Buildings$1,181,069$1,577,579$2,758,648
Land$842,563-$842,563
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cynthia DukeCEO/presidenFT$185,282$59,678$244,960
Cynthia DukeCEO/president-$185,282$59,678$244,960
Brenda EstesChroFT$92,353$2,400$94,753
S Annette SandersVP CollectioFT$58,399$2,200$60,599

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,334,227
Investment Income
$227,534
Other Revenue
$2,318,321
Change in Net Assets
$175,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,080,866
Salaries, Compensation, and Employee Benefits$2,623,834
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,738,222
Fees for Services Other---$1,024,769
Office Expenses---$512,264
Current Officers, Directors, Trustees, and Key Employees---$336,034
Advertising---$330,364
Other Employee Benefits---$325,468
Depreciation Depletion---$239,142
Payroll Taxes---$167,881
Fees for Services Management---$147,649
Other Expenses---$111,916
All Other Expenses---$85,146
Occupancy---$83,196
Conferences and Meetings---$75,617
Pension Plan Contributions---$56,229
Information Technology---$51,181
Fees for Services Legal---$28,942
Fees for Services Accounting---$8,100
Total Functional Expenses$0$0$0$6,704,700
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$65,984,054
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
Chro
Phone
7659622561
Signed
2017-02-27

Organization Details

Principal Officer
Cynthia Duke
Formed
1945
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
64
Volunteers
11

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 14,314 members.”

Form 990, Part IX, Line 11G

“Ipay expense 51,690 0 0 atm costs 527,381 0 0 brokerage fees 79,900 0 0 pro outside services 154,212 0 0 rewards checking expense 68,017 0 0 statement processing 20,825 0 0 share draft 11,098 0 0 state exam 13,545 0 0 ira program 3,345 0 0 adp expense 10,782 0 0 miscellaneous 67,144 0 0 e-statement expense 5,855 0 0 shared branch expense 10,975 0 0 total 1,024,769 0 0”

Form 990, Part XI, Line 9

“UNREALIZED GAIN 47,024”

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 Appendix388 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/PayrollTaxesGrp/TotalAmt0167881
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt04186113
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt04470167
IRS990/PensionPlanContributionsGrp/TotalAmt056229
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0407909
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0310186
IRS990/PrincipalOfficerNm0CYNTHIA DUKE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1524298
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1NON-MEMBER ATM AND INSURANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04299456
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04299456
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt134771
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt034771
IRS990/ProgSrvcAccomActyOtherGrp/Desc0LOAN AND DEPOSIT SERVICES TO APPROXIMATELY 14,314 MEMBERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0269660
IRS990/PYOtherExpensesAmt03469524
IRS990/PYOtherRevenueAmt01946276
IRS990/PYProgramServiceRevenueAmt03940748
IRS990/PYRevenuesLessExpensesAmt0196286
IRS990/PYSalariesCompEmpBnftPaidAmt02490874
IRS990/PYTotalExpensesAmt05960398
IRS990/PYTotalRevenueAmt06156684
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0175382
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04667783
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04606135
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08226849
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08154649
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01181069
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01577579
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02758648
IRS990ScheduleD/EquipmentGrp/BookValueAmt0983182
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02162949
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03146131
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0842563
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0842563
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt065984054
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/TotalBookValueLandBuildingsAmt03006814
IRS990ScheduleD/TotalLiabilityAmt065984054
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0185282
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt054344
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt05334
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CYNTHIA DUKE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO/PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0244960
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LOAN AND DEPOSIT SERVICES TO APPROXIMATELY 14,314 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 51,690 0 0 ATM COSTS 527,381 0 0 BROKERAGE FEES 79,900 0 0 PRO OUTSIDE SERVICES 154,212 0 0 REWARDS CHECKING EXPENSE 68,017 0 0 STATEMENT PROCESSING 20,825 0 0 SHARE DRAFT 11,098 0 0 STATE EXAM 13,545 0 0 IRA PROGRAM 3,345 0 0 ADP EXPENSE 10,782 0 0 MISCELLANEOUS 67,144 0 0 E-STATEMENT EXPENSE 5,855 0 0 SHARED BRANCH EXPENSE 10,975 0 0 TOTAL 1,024,769 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8UNREALIZED GAIN 47,024
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/TotalAssetsBOYAmt074796432
IRS990/TotalAssetsEOYAmt075532923
IRS990/TotalAssetsGrp/BOYAmt074796432
IRS990/TotalAssetsGrp/EOYAmt075532923
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt064
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt06704700
IRS990/TotalGrossUBIAmt034771
IRS990/TotalLiabilitiesBOYAmt065942536
IRS990/TotalLiabilitiesEOYAmt066456621
IRS990/TotalLiabilitiesGrp/BOYAmt065942536
IRS990/TotalLiabilitiesGrp/EOYAmt066456621
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08853896
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09076302
IRS990/TotalOtherCompensationAmt064278
IRS990/TotalProgramServiceRevenueAmt04334227
IRS990/TotalReportableCompFromOrgAmt0336034
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06845311
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06880082
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt034771
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt074796432
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt075532923
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.NATCOCU.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENDA ESTES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHRO
ReturnHeader/BusinessOfficerGrp/PhoneNum07659622561
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-27
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/FilingSecurityInformation/AtSubmissionCreationDeviceId05DA6CE972E1B19F27D32762098E4C25D717FAFAC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09987C2555744CFCB71ADE01ABC1F212D855445EB
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/PreparationDt02017-02-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL G WHISLER CPA
ReturnHeader/ReturnTs02017-03-09T16:37:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$75,532,923
Liabilities
$66,456,621
Net assets
$9,076,302
Revenue
$6,880,082
Expenses
$6,704,700
Net income
$175,382
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