Civic Intelligence

Interra Credit Union

990 • Fiscal year 2013 • EIN 35-1082578

Jan 01, 2013 to Dec 31, 2013 • Filed on Apr 17, 2014

Organization Profilewww.interracu.com

View Organization Page

PO Box 72746527-0727

(574) 534-2506

Siviq Scores

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

Liabilities / Assets

1st percentile

0.00x

Higher debt load relative to assets than 1% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

1st percentile

0.11x

Higher debt load relative to revenue than 1% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Net Margin

54th percentile

15%

Higher net margin than 54% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Top Officer Pay

10th percentile

$221,916

Higher top officer pay than 10% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Asset Growth

45th percentile

3.6%

Faster asset growth than 45% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets1st percentile

Assets

Up

$667,471,650

Up $23,052,576 (+3.6%) from 2012

Net Assets

Up

$664,270,275

Up $22,697,774 (+3.5%) from 2012

Liabilities

Up

$3,201,375

Up $354,802 (+12%) from 2012

Revenue And Expenses
Liabilities / Revenue1st percentileNet Margin54th percentile

Revenue

$28,593,125

No earlier filing loaded for comparison.

Expenses

Up

$24,191,712

Up $1,310,268 (+5.7%) from 2012

Net Income

$4,401,413

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$2.0B$1.5B$1.0B$500M$0Assets 2010: $540,695,941Liabilities 2010: $1,926,838Net Assets 2010: $538,769,1032010Assets 2011: $576,506,487Liabilities 2011: $1,994,071Net Assets 2011: $574,512,4162011Assets 2012: $644,419,074Liabilities 2012: $2,846,573Net Assets 2012: $641,572,5012012Assets 2013: $667,471,650Liabilities 2013: $3,201,375Net Assets 2013: $664,270,2752013Assets 2014: $720,036,886Liabilities 2014: $3,962,948Net Assets 2014: $716,073,9382014Assets 2015: $803,396,066Liabilities 2015: $4,242,632Net Assets 2015: $799,153,4342015Assets 2016: $918,936,365Liabilities 2016: $11,665,604Net Assets 2016: $907,270,7612016Assets 2017: $1,049,405,307Liabilities 2017: $90,198,481Net Assets 2017: $959,206,8262017Assets 2018: $1,161,804,270Liabilities 2018: $127,489,663Net Assets 2018: $1,034,314,6072018Assets 2019: $1,204,756,193Liabilities 2019: $63,970,126Net Assets 2019: $1,140,786,0672019Assets 2020: $1,400,460,265Liabilities 2020: $57,268,418Net Assets 2020: $1,343,191,8472020Assets 2021: $1,620,181,637Liabilities 2021: $60,101,952Net Assets 2021: $1,560,079,6852021Assets 2022: $1,729,309,685Liabilities 2022: $207,727,355Net Assets 2022: $1,521,582,3302022Assets 2023: $1,789,697,665Liabilities 2023: $204,476,604Net Assets 2023: $1,585,221,0612023Assets 2024: $1,889,737,584Liabilities 2024: $173,048,972Net Assets 2024: $1,716,688,6122024

Highlighted filing

2013

Assets$667,471,650
Liabilities$3,201,375
Net Assets$664,270,275
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150M$100M$50M$0Expenses 2010: $23,417,3442010Expenses 2011: $22,029,6292011Expenses 2012: $22,881,4442012Revenue 2013: $28,593,125Expenses 2013: $24,191,712Net Income 2013: $4,401,4132013Revenue 2014: $31,137,025Expenses 2014: $26,617,354Net Income 2014: $4,519,6712014Revenue 2015: $37,313,016Expenses 2015: $32,154,600Net Income 2015: $5,158,4162015Revenue 2016: $42,589,181Expenses 2016: $38,072,623Net Income 2016: $4,516,5582016Revenue 2017: $49,424,127Expenses 2017: $41,893,898Net Income 2017: $7,530,2292017Revenue 2018: $58,802,172Expenses 2018: $50,159,667Net Income 2018: $8,642,5052018Revenue 2019: $66,566,659Expenses 2019: $54,938,994Net Income 2019: $11,627,6652019Revenue 2020: $67,652,585Expenses 2020: $58,651,061Net Income 2020: $9,001,5242020Revenue 2021: $68,430,398Expenses 2021: $56,116,915Net Income 2021: $12,313,4832021Revenue 2022: $78,567,352Expenses 2022: $65,410,787Net Income 2022: $13,156,5652022Revenue 2023: $94,735,928Expenses 2023: $89,416,733Net Income 2023: $5,319,1952023Revenue 2024: $110,651,659Expenses 2024: $106,368,256Net Income 2024: $4,283,4032024

Highlighted filing

2013

Revenue$28,593,125
Expenses$24,191,712
Net Income$4,401,413
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Apr 17, 2014
Return Version
2013v3.0
Gross Receipts
$58,562,846
Mission and Program Overview

Mission

Cooperative financial institution with a mission to be our members' most trusted and valued financial resource.

cooperative financial institution with a mission to be our members' most trusted and valued financial resource

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$563,328,021$588,925,740▲ $25,597,719
Other Notes and Loans Receivable, Net$348,345,716$389,012,932▲ $40,667,216
Investments in Publicly Traded Securities$236,655,161$217,490,189▼ $19,164,972
Rtn Earn Endowment Incm Other Fnds$49,083,783$44,754,181▼ $4,329,602
Pd in Cap Srpls Land Bldg Eqp Fund$29,160,697$30,590,354▲ $1,429,657
Land, Buildings, and Equipment, Net$18,679,335$18,187,265▼ $492,070
Savings and Temporary Cash Investments$17,929,038$16,834,162▼ $1,094,876
Investments Program Related$13,959,877$16,035,999▲ $2,076,122
Cash and Non-Interest-Bearing Accounts$4,256,887$4,630,425▲ $373,538
Accounts Receivable$974,222$1,366,170▲ $391,948
Prepaid Expenses and Deferred Charges$742,114$770,681▲ $28,567
Investments Other Securities$442,996$687,750▲ $244,754
Inventories for Sale or Use$66,726$62,685▼ $4,041
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$644,419,074$667,471,650▲ $23,052,576
Other Assets Total$2,367,002$2,393,392▲ $26,390
Liabilities
Accounts Payable and Accrued Expenses$2,079,893$2,473,855▲ $393,962
Other Liabilities$766,680$727,520▼ $39,160
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,846,573$3,201,375▲ $354,802
Net Assets / Fund Balance
Total Net Assets Fund Balance$641,572,501$664,270,275▲ $22,697,774
Total Liabilities and Net Assets / Fund Balance$644,419,074$667,471,650▲ $23,052,576

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,129,176$4,965,364$0
Other Land Buildings$0$0$0
Land$2,204,277-$0
Equipment$1,853,812$6,402,525$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay10th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew GangwerExec. Vice PresidentFT$196,042$25,874$221,916
Sanford MillerVP of Branch AdminFT$129,016$24,306$153,322
Rex HochstedlerCFOFT$126,477$24,290$150,767
David BirkyVP of Member DevelopmentFT$116,303$19,976$136,279
Jack A SheetsPresident/CEOFT$92,004$11,101$103,105
Amy SinkPresident / CEOFT$32,783$1,000$33,783
David MyersBoard Chairman-$418-$418
Linda GarberSecretary-Treasurer-$418-$418
Loren EashBoard Member-$418-$418
Kathy BrewtonVice Chairman-$367-$367
Carl StoltzfusBoard Member-$250-$250
Russ RuppBoard Member-$250-$250
Tim YoderBoard Member-$250-$250
Tony MillerSupervisory Member-$222-$222
Crystal HooleySupervisory Chairman-$130-$130
Darin ShortSupervisory Member-$130-$130

Board Members and Trustees

NameTitle
Steve WarnerBoard Chairman / Member

Highest Paid Contractors

ContractorServicesLocationCompensation
PSCU Financial Servicescredit and debit card processing-$1,758,209
Velocity Solutions Inccard utilization program-$361,416
Jack Henry & Associatescomputer equipment and software-$319,359
John M Floyd & Associatesservicing of account offerings-$257,881
Datamail Services Incmailings to members-$220,399
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$25,308,828
Investment Income
$3,284,297
Other Revenue
$0
Change in Net Assets
$4,401,413

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,191,598
Revenue Not Reported on Financial Statements
$1,401,527
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$1,401,527
Total Revenue per Audited Statements
$27,191,598
Total Revenue per Form 990
$28,593,125
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,109,279
Salaries, Compensation, and Employee Benefits$9,931,645
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$6,942,805
Office Expenses---$3,591,634
Benefits to Members---$3,150,788
Depreciation Depletion---$1,369,454
Occupancy---$1,163,929
Other Employee Benefits---$1,048,981
Other Expenses---$1,023,502
Advertising---$847,729
Current Officers, Directors, Trustees, and Key Employees---$695,478
Pension Plan Contributions---$654,652
Payroll Taxes---$589,729
Insurance---$562,521
Fees for Services Legal---$180,095
Conferences and Meetings---$164,339
Fees for Services Accounting---$85,200
All Other Expenses---$55,066
Fees for Services Management---$1,282
Total Functional Expenses$0$0$0$24,191,712

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$24,191,712
Expenses per Audited Statements$22,885,675
Total Expenses per Audited Statements$22,885,675
Expenses Not Reported on Financial Statements$1,306,037
Other Expense Adjustments$1,306,037
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Clearing Accounts$727,520
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Interra Credit Union is owned by its members”

Form 990, Part VI, Section A, Line 7A

“Board members and supervisory committee members are elected by the credit union's members.”

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

“When required by state laws and our by-laws, members do vote to approve decisions of the board of directors.”

Form 990, Part VI, Section A, Line 9

“Steve Warner was a Board Member / Chairperson until March 2013 - 17580 S.R. 4, Goshen IN 46528 Jack Sheets was President / CEO until March 2013 - 1419 McCormick Dr, Nappanee IN 46550”

Form 990, Part VI, Section B, Line 11B

“Form 990 is reviewed by the credit union's CFO, a copy is provided to all board members for review prior to filing.”

Form 990, Part VI, Section B, Line 15

“The compensation committee reviews recommendations from an independent consultant and industry comparisons to determine appropriate compensation.”

Form 990, Part VI, Section C, Line 19

“Financial statements and our annual report are provided at our annual members' meeting and on our website. Other reports are available upon request.”

Filing and Contact Details

Filer

EIN
35-1082578
Phone
5745342506

Signing Officer

Name
Rex Hochstedler
Title
CFO
Phone
5745342506
Signed
2014-04-17

Organization Details

Principal Officer
Rex Hochstedler
Formed
1932
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
216
Volunteers
10
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Increase in Members' deposits $25,597,719”

Financial Statement Notes

Schedule D, Part X, Line 2

“Income tax in the consolidated statements of income includes Indiana franchise tax. The Credit Union is exempt, by statute, from federal income taxes except for unrelated business income. Members Financial Management Center, Inc., however, is subject to federal and state income taxes. The Credit Union and Members Financial Management Center, Inc. file income tax returns in the U.S. federal and Indiana jurisdictions. With a few exceptions, they are no longer subject to U.S. federal income tax examinations by tax authorities for calendar years before 2009.”

Schedule D, Part XI, Line 4B

“Financial statements are audited as of 3/31/13. This adjusts to the 12/31/13 figures.”

Schedule D, Part XII, Line 4B

“Financial statements are audited as of 3/31/13. This adjusts to the 12/31/13 figures.”

Raw XML AppendixShowing 400 of 693 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/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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt101000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1125874
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1224306
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1324290
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1419976
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1611101
IRS990/Form990PartVIISectionAGrp/PersonNm0David Myers
IRS990/Form990PartVIISectionAGrp/PersonNm1Kathy Brewton
IRS990/Form990PartVIISectionAGrp/PersonNm2Linda Garber
IRS990/Form990PartVIISectionAGrp/PersonNm3Loren Eash
IRS990/Form990PartVIISectionAGrp/PersonNm4Russ Rupp
IRS990/Form990PartVIISectionAGrp/PersonNm5Tim Yoder
IRS990/Form990PartVIISectionAGrp/PersonNm6Carl Stoltzfus
IRS990/Form990PartVIISectionAGrp/PersonNm7Crystal Hooley
IRS990/Form990PartVIISectionAGrp/PersonNm8Darin Short
IRS990/Form990PartVIISectionAGrp/PersonNm9Tony Miller
IRS990/Form990PartVIISectionAGrp/PersonNm10Amy Sink
IRS990/Form990PartVIISectionAGrp/PersonNm11Andrew Gangwer
IRS990/Form990PartVIISectionAGrp/PersonNm12Sanford Miller
IRS990/Form990PartVIISectionAGrp/PersonNm13Rex Hochstedler
IRS990/Form990PartVIISectionAGrp/PersonNm14David Birky
IRS990/Form990PartVIISectionAGrp/PersonNm15Steve Warner
IRS990/Form990PartVIISectionAGrp/PersonNm16Jack A Sheets
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0418
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1367
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2418
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3418
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9222
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1032783
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11196042
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12129016
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13126477
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14116303
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1692004
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/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary-Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Supervisory Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt8Supervisory Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Supervisory Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10President / CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11Exec. Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP of Branch Admin
IRS990/Form990PartVIISectionAGrp/TitleTxt13CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP of Member Development
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Chairman / Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16President/CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01932
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt027180
IRS990/GainOrLossGrp/SecuritiesAmt0159584
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt041844
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt030114641
IRS990/GrossReceiptsAmt058562846
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt0562521
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt066726
IRS990/InventoriesForSaleOrUseGrp/EOYAmt062685
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03097533
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03097533
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0442996
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0687750
IRS990/InvestmentsProgramRelatedGrp/BOYAmt013959877
IRS990/InvestmentsProgramRelatedGrp/EOYAmt016035999
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0236655161
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0217490189
IRS990/IRPDocumentCnt017780
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011367889
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018679335
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018187265
IRS990/LandBldgEquipCostOrOtherBssAmt029555154
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt014664
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt029955057
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0cooperative financial institution with a mission to be our members' most trusted and valued financial resource
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0641572501
IRS990/NetAssetsOrFundBalancesEOYAmt0664270275
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0186764
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0186764
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-7301358
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01163929
IRS990/OfficeExpensesGrp/TotalAmt03591634
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02367002
IRS990/OtherAssetsTotalGrp/EOYAmt02393392
IRS990/OtherChangesInNetAssetsAmt025597719
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01048981
IRS990/OtherExpensesGrp/Desc0Loan Expenses
IRS990/OtherExpensesGrp/Desc1Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc2ATM/Debit Card Expense
IRS990/OtherExpensesGrp/TotalAmt01455013
IRS990/OtherExpensesGrp/TotalAmt1609515
IRS990/OtherExpensesGrp/TotalAmt21023502
IRS990/OtherLiabilitiesGrp/BOYAmt0766680
IRS990/OtherLiabilitiesGrp/EOYAmt0727520
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt06942805
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0348345716
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0389012932
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0589729
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt029160697
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt030590354
IRS990/PensionPlanContributionsGrp/TotalAmt0654652
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0742114
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0770681
IRS990/PrincipalOfficerNm0Rex Hochstedler
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/Desc0Interest on loans
IRS990/ProgramServiceRevenueGrp/Desc1Fee Income
IRS990/ProgramServiceRevenueGrp/Desc2Other Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017417532
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16826585
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21014868
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017417532
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16826585
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21064711
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt249843
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt03701726
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03749617
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt010194215

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$667,471,650
Liabilities
$3,201,375
Net assets
$664,270,275
Revenue
$28,593,125
Expenses
$24,191,712
Net income
$4,401,413
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,890$173$1,717$111$106$4.28
2023Detailed filing. Detailed filing data is available for this year.$1,790$204$1,585$94.7$89.4$5.32
2022Detailed filing. Detailed filing data is available for this year.$1,729$208$1,522$78.6$65.4$13.2
2021Detailed filing. Detailed filing data is available for this year.$1,620$60.1$1,560$68.4$56.1$12.3
2020Detailed filing. Detailed filing data is available for this year.$1,400$57.3$1,343$67.7$58.7$9.00
2019Detailed filing. Detailed filing data is available for this year.$1,205$64.0$1,141$66.6$54.9$11.6
2018Detailed filing. Detailed filing data is available for this year.$1,162$127$1,034$58.8$50.2$8.64
2017Detailed filing. Detailed filing data is available for this year.$1,049$90.2$959$49.4$41.9$7.53
2016Detailed filing. Detailed filing data is available for this year.$919$11.7$907$42.6$38.1$4.52
2015Detailed filing. Detailed filing data is available for this year.$803$4.24$799$37.3$32.2$5.16
2014Detailed filing. Detailed filing data is available for this year.$720$3.96$716$31.1$26.6$4.52
2013Detailed filing. Detailed filing data is available for this year.$667$3.20$664$28.6$24.2$4.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$644$2.85$642$22.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$577$1.99$575$22.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$541$1.93$539$23.4