Civic Intelligence

Interra Credit Union

990 • Fiscal year 2014 • EIN 35-1082578

Jan 01, 2014 to Dec 31, 2014 • Filed on May 13, 2015

Organization Profilewww.interracu.com

View Organization Page

PO Box 727Goshen, IN 46527-0727

(574) 534-2506

Siviq Scores

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

Liabilities / Assets

1st percentile

0.01x

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

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Liabilities / Revenue

1st percentile

0.13x

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

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Net Margin

50th percentile

15%

Higher net margin than 50% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Top Officer Pay

36th percentile

$322,262

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Asset Growth

76th percentile

7.9%

Faster asset growth than 76% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Revenue Growth

83rd percentile

8.9%

Faster revenue growth than 83% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets1st percentile

Assets

Up

$720,036,886

Up $52,565,236 (+7.9%) from 2013

Net Assets

Up

$716,073,938

Up $51,803,663 (+7.8%) from 2013

Liabilities

Up

$3,962,948

Up $761,573 (+24%) from 2013

Revenue And Expenses
Liabilities / Revenue1st percentileNet Margin50th percentile

Revenue

Up

$31,137,025

Up $2,543,900 (+8.9%) from 2013

Expenses

Up

$26,617,354

Up $2,425,642 (+10%) from 2013

Net Income

Up

$4,519,671

Up $118,258 (+2.7%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth76th 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

2014

Assets$720,036,886
Liabilities$3,962,948
Net Assets$716,073,938
Open 2014 Filing

Operations Trend

Revenue Growth83rd percentile

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

2014

Revenue$31,137,025
Expenses$26,617,354
Net Income$4,519,671
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 13, 2015
Return Version
2014v5.0
Gross Receipts
$79,956,154
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$588,925,740$632,090,935▲ $43,165,195
Other Notes and Loans Receivable, Net$389,012,932$465,609,757▲ $76,596,825
Investments in Publicly Traded Securities$217,490,189$199,509,397▼ $17,980,792
Rtn Earn Endowment Incm Other Fnds$44,754,181$51,416,843▲ $6,662,662
Pd in Cap Srpls Land Bldg Eqp Fund$30,590,354$32,566,160▲ $1,975,806
Land, Buildings, and Equipment, Net$18,187,265$19,140,613▲ $953,348
Investments Program Related$16,035,999$16,575,924▲ $539,925
Savings and Temporary Cash Investments$16,834,162$8,246,400▼ $8,587,762
Cash and Non-Interest-Bearing Accounts$4,630,425$5,267,759▲ $637,334
Prepaid Expenses and Deferred Charges$770,681$1,468,093▲ $697,412
Accounts Receivable$1,366,170$1,033,400▼ $332,770
Investments Other Securities$687,750$717,920▲ $30,170
Inventories for Sale or Use$62,685$63,767▲ $1,082
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$667,471,650$720,036,886▲ $52,565,236
Other Assets Total$2,393,392$2,403,856▲ $10,464
Liabilities
Accounts Payable and Accrued Expenses$2,473,855$3,396,541▲ $922,686
Other Liabilities$727,520$566,407▼ $161,113
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$3,201,375$3,962,948▲ $761,573
Net Assets / Fund Balance
Total Net Assets Fund Balance$664,270,275$716,073,938▲ $51,803,663
Total Liabilities and Net Assets / Fund Balance$667,471,650$720,036,886▲ $52,565,236

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,521,922$5,600,966$0
Other Land Buildings$0$0$0
Land$2,431,650-$0
Equipment$2,187,041$6,953,451$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy SinkPresident / CEOFT$299,457$22,805$322,262
Andrew GangwerChief Administrative OfficerFT$168,621$23,151$191,772
Rex HochstedlerChief Financial OfficerFT$137,089$25,508$162,597
Sanford MillerVP of Branch DevelopmentFT$136,999$25,228$162,227
David BirkyChief Strategy OfficerFT$130,163$21,339$151,502
Phil WiensChief Operating OfficerFT$106,992$21,580$128,572
Andy MarshallChief Lending OfficerFT$40,899$6,193$47,092
Tim YoderAssistant Secretary-Treasurer-$1,250-$1,250
David MyersBoard Chairman-$1,112-$1,112
Kathy BrewtonVice Chairman-$797-$797
Bruce StahlyBoard Member-$794-$794
Linda GarberSecretary-Treasurer-$755-$755
Darin ShortSupervisory Member-$617-$617
Carl StoltzfusBoard Member-$250-$250
Loren EashBoard Member-$250-$250
Crystal HooleySupervisory Chairman-$130-$130
Tony MillerSupervisory Member-$130-$130

Highest Paid Contractors

ContractorServicesLocationCompensation
PSCU Financial Servicescredit and debit card processing560 Carillon Parkway, St Petersburg, FL 33716$1,808,590
Velocity Solutions Inccard utilization program1710 Dawson Street, Wilmington, NC 28403$421,264
Datamail Services Incmailings to members747 E Whitcomb, Madison Heights, MI 48071-1409$246,275
Greenfield Landscape Services IncLawn & Snow Maintenance & Repairs2523 Messick Dr, Goshen, IN 46526$191,522
Jack Henry & Associatescomputer equipment and softwarePO Box 503328, St Louis, MO 63150-3328$177,899
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$27,855,947
Investment Income
$3,281,078
Other Revenue
$0
Change in Net Assets
$4,519,671

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,068,851
Revenue Not Reported on Financial Statements
$2,068,174
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$2,068,174
Total Revenue per Audited Statements
$29,068,851
Total Revenue per Form 990
$31,137,025
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,126,981
Salaries, Compensation, and Employee Benefits$11,431,502
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$7,733,378
Office Expenses---$3,810,630
Benefits to Members---$3,058,871
Depreciation Depletion---$1,396,179
Other Employee Benefits---$1,245,372
Occupancy---$1,181,486
Other Expenses---$1,076,216
Current Officers, Directors, Trustees, and Key Employees---$1,026,305
Advertising---$901,366
Pension Plan Contributions---$740,211
Payroll Taxes---$686,236
All Other Expenses---$227,440
Conferences and Meetings---$194,229
Fees for Services Legal---$155,630
Insurance---$137,671
Fees for Services Accounting---$96,000
Fees for Services Management---$2,160
Total Functional Expenses$0$0$0$26,617,354

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$26,617,354
Expenses per Audited Statements$24,784,366
Total Expenses per Audited Statements$24,784,366
Expenses Not Reported on Financial Statements$1,832,988
Other Expense Adjustments$1,832,988
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$566,407
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 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 board 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

Filer Name
Interra Credit Union
EIN
35-1082578
Phone
5745342506
Address
PO Box 727, Goshen, IN 46527-0727

Signing Officer

Name
Rex Hochstedler
Title
CFO
Phone
5745342506
Signed
2015-05-13

Organization Details

Principal Officer
Rex Hochstedler
Formed
1932
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
247
Volunteers
10
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Increase in Members' deposits $43,165,195”

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. is, however, 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 2011.”

Schedule D, Part XI, Line 4B

“Financial statements are audited as of 3/31/14. This adjusts to the 12/31/14 figures.”

Schedule D, Part XII, Line 4B

“Financial statements are audited as of 3/31/14. This adjusts to the 12/31/14 figures.”

Raw XML AppendixShowing 400 of 719 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/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
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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/OtherCompensationAmt1022805
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1123151
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1225228
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1325508
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1421339
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1521580
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt166193
IRS990/Form990PartVIISectionAGrp/PersonNm0David Myers
IRS990/Form990PartVIISectionAGrp/PersonNm1Kathy Brewton
IRS990/Form990PartVIISectionAGrp/PersonNm2Linda Garber
IRS990/Form990PartVIISectionAGrp/PersonNm3Loren Eash
IRS990/Form990PartVIISectionAGrp/PersonNm4Bruce Stahly
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/PersonNm15Phil Wiens
IRS990/Form990PartVIISectionAGrp/PersonNm16Andy Marshall
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01112
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1797
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2755
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4794
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8617
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10299457
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11168621
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12136999
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13137089
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14130163
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15106992
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1640899
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/TitleTxt5Assistant Secretary-Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Supervisory Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt8Supervisory Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Supervisory Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10President / CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11Chief Administrative Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP of Branch Development
IRS990/Form990PartVIISectionAGrp/TitleTxt13Chief Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt14Chief Strategy Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt15Chief Operating Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt16Chief Lending Officer
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01932
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt055722
IRS990/GainOrLossGrp/SecuritiesAmt0138929
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt060978
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt048952802
IRS990/GrossReceiptsAmt079956154
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt0137671
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt062685
IRS990/InventoriesForSaleOrUseGrp/EOYAmt063767
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03086427
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03086427
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0687750
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0717920
IRS990/InvestmentsProgramRelatedGrp/BOYAmt016035999
IRS990/InvestmentsProgramRelatedGrp/EOYAmt016575924
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0217490189
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0199509397
IRS990/IRPDocumentCnt019097
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012554417
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018187265
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019140613
IRS990/LandBldgEquipCostOrOtherBssAmt031695030
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt05256
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt048813873
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/NetAssetsOrFundBalancesBOYAmt0664270275
IRS990/NetAssetsOrFundBalancesEOYAmt0716073938
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0194651
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0194651
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt04118797
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01181486
IRS990/OfficeExpensesGrp/TotalAmt03810630
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02393392
IRS990/OtherAssetsTotalGrp/EOYAmt02403856
IRS990/OtherChangesInNetAssetsAmt043165195
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01245372
IRS990/OtherExpensesGrp/Desc0Loan Expenses
IRS990/OtherExpensesGrp/Desc1Provision for Loan Losses
IRS990/OtherExpensesGrp/Desc2ATM / Debit Card Expense
IRS990/OtherExpensesGrp/TotalAmt02078618
IRS990/OtherExpensesGrp/TotalAmt1869356
IRS990/OtherExpensesGrp/TotalAmt21076216
IRS990/OtherLiabilitiesGrp/BOYAmt0727520
IRS990/OtherLiabilitiesGrp/EOYAmt0566407
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt07733378
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0389012932
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0465609757
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0686236
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt030590354
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt032566160
IRS990/PensionPlanContributionsGrp/TotalAmt0740211
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0770681
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01468093
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/RelatedOrExemptFuncIncomeAmt019383334
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17343988
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21074865
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019383334
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17343988
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21128625
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt253760
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt03150788
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03284297
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt011109279

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$720,036,886
Liabilities
$3,962,948
Net assets
$716,073,938
Revenue
$31,137,025
Expenses
$26,617,354
Net income
$4,519,671
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