Liabilities / Assets
38th percentile
Higher debt load relative to assets than 38% of similar nonprofits.
Western Indiana Credit Union
990 • Fiscal year 2013 • EIN 35-6025623
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.85x
Liabilities / Revenue
45th percentile
Higher debt load relative to revenue than 45% of similar nonprofits.
Net Margin
67th percentile
Higher net margin than 67% of similar nonprofits.
Top Officer Pay
33rd percentile
Higher top officer pay than 33% of similar nonprofits.
Top officer pay equals 9.6% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Down$12,988,689
Down $757,534 (-5.5%) from 2012
Net Assets
Up$1,951,999
Up $49,562 (+2.6%) from 2012
Liabilities
Down$11,036,690
Down $807,096 (-6.8%) from 2012
Revenue And Expenses
Revenue
$593,682
No earlier filing loaded for comparison.
Expenses
Up$544,120
Up $38,735 (+7.7%) from 2012
Net Income
$49,562
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Feb 27, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $593,682
Mission and Program Overview
Mission
"people helping people" members save so others can borrow to improve their lifestyles. Credit union practices prudent lending.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $9,047,588 | $10,923,152 | ▲ $1,875,564 |
| Rtn Earn Endowment Incm Other Fnds | $1,176,180 | $1,202,584 | ▲ $26,404 |
| Savings and Temporary Cash Investments | $3,990,098 | $1,169,635 | ▼ $2,820,463 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $726,257 | $749,415 | ▲ $23,158 |
| Cash and Non-Interest-Bearing Accounts | $458,970 | $398,453 | ▼ $60,517 |
| Land, Buildings, and Equipment, Net | $99,358 | $219,621 | ▲ $120,263 |
| Prepaid Expenses and Deferred Charges | $9,214 | $3,786 | ▼ $5,428 |
| Total Assets | $13,746,223 | $12,988,689 | ▼ $757,534 |
| Other Assets Total | $140,995 | $274,042 | ▲ $133,047 |
| Liabilities | |||
| Other Liabilities | $11,843,666 | $11,027,813 | ▼ $815,853 |
| Accounts Payable and Accrued Expenses | $120 | $8,877 | ▲ $8,757 |
| Total Liabilities | $11,843,786 | $11,036,690 | ▼ $807,096 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,902,437 | $1,951,999 | ▲ $49,562 |
| Total Liabilities and Net Assets / Fund Balance | $13,746,223 | $12,988,689 | ▼ $757,534 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $151,261 | - | $151,261 |
| Buildings | $51,772 | $58,976 | $110,748 |
| Equipment | $16,588 | $47,738 | $64,326 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Carol Mckinney | Secretary/tr | FT | $57,019 | $57,019 |
Board Members and Trustees
| Name | Title |
|---|---|
| Harley Drake | Chairman |
| David Phegley | Vice Chairma |
| Ben Springer | Director |
| Bill Carrithers | Director |
| Jerry Cardinal | Director |
| Randy Pigg | Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $528,165
- Investment Income
- $12,802
- Other Revenue
- $52,715
- Change in Net Assets
- $49,562
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $309,868 |
| Other Expenses | $234,252 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $118,194 |
| Other Employee Benefits | - | - | - | $117,137 |
| Fees for Services Other | - | - | - | $72,278 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $57,019 |
| Office Expenses | - | - | - | $46,392 |
| Occupancy | - | - | - | $17,892 |
| Payroll Taxes | - | - | - | $17,518 |
| Other Expenses | - | - | - | $10,095 |
| Insurance | - | - | - | $8,339 |
| Depreciation Depletion | - | - | - | $6,899 |
| Fees for Services Accounting | - | - | - | $6,360 |
| Travel | - | - | - | $3,821 |
| Advertising | - | - | - | $2,275 |
| Total Functional Expenses | $0 | $0 | $0 | $544,120 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Shares | $11,027,813 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 6
“Any member, stockholder, employee or patron of the growers cooperative, farm bureau inc, cooperative financial association, or any member of the immediate family members of such member may be a member of the credit union.”
Form 990, Page 6, Part VI, Line 7A
“Members elect board members at the annual meeting.”
Form 990, Page 6, Part VI, Line 7B
“Members elect board members at the annual meeting.”
Form 990, Page 6, Part VI, Line 11B
“Review of the form 990 will be conducted by the governing body before the return is filed.”
Form 990, Page 6, Part VI, Line 12C
“The sullivan county credit union regularly monitors the conflict of interest policy within board of directors meetings. The return of organization exempt from income tax form 990 is reviewed by the board of directors at monthly meeting.”
Form 990, Page 6, Part VI, Line 15A
“The process of determining the compensation for the organization's ceo is determined through evaluation and is handled by the board of directors of the financial institution.”
Form 990, Page 6, Part VI, Line 15B
“The process of determining the compensation for the organization's officers and key employees is determined through evaluation and is handled by the board of directors of the financial institution.”
Form 990, Page 6, Part VI, Line 19
“The sullivan county credit union makes its governing documents, conflict of interest policy available upon request. All financials of sullivan county credit union are presented at annual meeting held on 4th thursday of january each year. These financials are also available in the lobby of the credit union for any member to review.”
Filing and Contact Details
Filer
- EIN
- 35-6025623
- Phone
- 8123824216
Signing Officer
- Name
- Carol Mckinney
- Title
- CEO
- Phone
- 8123824216
- Signed
- 2014-02-27
Organization Details
- Principal Officer
- Carol L Mckinney
- Formed
- 1932
- Legal Domicile
- In
- Voting Board Members
- 7
- Independent Board Members
- 6
- Employees
- 9
- Volunteers
- 13
Preparer
- Preparer
- Michael G Whisler CPA
- Phone
- 7652897951
Supplemental Narrative
Additional Explanations
Form 990, Page 2, Part III, Line 4D
“It is the mission of the sullivan county credit union to provide the highest level of financial services and to provide investments and loans to our 1386 members. It is our mission to encourage savings and thrift.”
Form 990, Part IX, Line 11G
“Professional services 72,278 0 0”
Form 990, Part XI, Line 9
“Depreciation 0 retained earnings adjustment 0”
Raw XML Appendix326 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 120 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 8877 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | "PEOPLE HELPING PEOPLE" MEMBERS SAVE SO OTHERS CAN BORROW TO IMPROVE THEIR LIFESTYLES. CREDIT UNION PRACTICES PRUDENT LENDING. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 2275 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | CAROL MCKINNEY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8123824216 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 101 NORTH MAIN STREET |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | SULLIVAN |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | IN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 47882 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 458970 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 398453 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 57019 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 12802 |
| IRS990/CYOtherExpensesAmt | 0 | 234252 |
| IRS990/CYOtherRevenueAmt | 0 | 52715 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 528165 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 49562 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 309868 |
| IRS990/CYTotalExpensesAmt | 0 | 544120 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 593682 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 6899 |
| IRS990/Desc | 0 | IT IS THE MISSION OF THE SULLIVAN COUNTY CREDIT UNION TO PROVIDE THE HIGHEST LEVEL OF FINANCIAL SERVICES AND TO PROVIDE INVESTMENTS AND LOANS TO OUR 1386 MEMBERS. IT IS OUR MISSION TO ENCOURAGE SAVINGS AND THRIFT. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 9 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6360 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 72278 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CAROL MCKINNEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | HARLEY DRAKE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DAVID PHEGLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BILL CARRITHERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JERRY CARDINAL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RANDY PIGG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BEN SPRINGER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 57019 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY/TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1932 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 593682 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 8339 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 12802 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 12802 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 202 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 106714 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 99358 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 219621 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 326335 |
| IRS990/LegalDomicileStateCd | 0 | IN |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | "PEOPLE HELPING PEOPLE" MEMBERS SAVE SO OTHERS CAN BORROW TO IMPROVE THEIR LIFESTYLES. CREDIT UNION PRACTICES PRUDENT LENDING. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1902437 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1951999 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 17892 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 46392 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 140995 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 274042 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 117137 |
| IRS990/OtherExpensesGrp/Desc | 0 | DIVIDEND EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 2 | LOAN SERVICING |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 39475 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 20426 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 10095 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 11843666 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 11027813 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | FEES |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | MISC INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 46443 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 6272 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 46443 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 6272 |
| IRS990/OtherRevenueTotalAmt | 0 | 52715 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 118194 |
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| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 10923152 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 17518 |
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| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 749415 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3786 |
| IRS990/PrincipalOfficerNm | 0 | CAROL L MCKINNEY |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST ON LOANS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 528165 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 528165 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | IT IS THE MISSION OF THE SULLIVAN COUNTY CREDIT UNION TO PROVIDE THE HIGHEST LEVEL OF FINANCIAL SERVICES AND TO PROVIDE INVESTMENTS AND LOANS TO OUR 1386 MEMBERS. IT IS OUR MISSION TO ENCOURAGE SAVINGS AND THRIFT. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 9152 |
| IRS990/PYOtherExpensesAmt | 0 | 216383 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 634388 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 138155 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 289002 |
| IRS990/PYTotalExpensesAmt | 0 | 505385 |
| IRS990/PYTotalRevenueAmt | 0 | 643540 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 49562 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1176180 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 1202584 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 3990098 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1169635 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 51772 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 58976 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 110748 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 16588 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 47738 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 64326 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 151261 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 151261 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 11027813 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SHARES |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 219621 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 11027813 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | IT IS THE MISSION OF THE SULLIVAN COUNTY CREDIT UNION TO PROVIDE THE HIGHEST LEVEL OF FINANCIAL SERVICES AND TO PROVIDE INVESTMENTS AND LOANS TO OUR 1386 MEMBERS. IT IS OUR MISSION TO ENCOURAGE SAVINGS AND THRIFT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ANY MEMBER, STOCKHOLDER, EMPLOYEE OR PATRON OF THE GROWERS COOPERATIVE, FARM BUREAU INC, COOPERATIVE FINANCIAL ASSOCIATION, OR ANY MEMBER OF THE IMMEDIATE FAMILY MEMBERS OF SUCH MEMBER MAY BE A MEMBER OF THE CREDIT UNION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MEMBERS ELECT BOARD MEMBERS AT THE ANNUAL MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MEMBERS ELECT BOARD MEMBERS AT THE ANNUAL MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | REVIEW OF THE FORM 990 WILL BE CONDUCTED BY THE GOVERNING BODY BEFORE THE RETURN IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE SULLIVAN COUNTY CREDIT UNION REGULARLY MONITORS THE CONFLICT OF INTEREST POLICY WITHIN BOARD OF DIRECTORS MEETINGS. THE RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AT MONTHLY MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE PROCESS OF DETERMINING THE COMPENSATION FOR THE ORGANIZATION'S CEO IS DETERMINED THROUGH EVALUATION AND IS HANDLED BY THE BOARD OF DIRECTORS OF THE FINANCIAL INSTITUTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE PROCESS OF DETERMINING THE COMPENSATION FOR THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS DETERMINED THROUGH EVALUATION AND IS HANDLED BY THE BOARD OF DIRECTORS OF THE FINANCIAL INSTITUTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE SULLIVAN COUNTY CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. ALL FINANCIALS OF SULLIVAN COUNTY CREDIT UNION ARE PRESENTED AT ANNUAL MEETING HELD ON 4TH THURSDAY OF JANUARY EACH YEAR. THESE FINANCIALS ARE ALSO AVAILABLE IN THE LOBBY OF THE CREDIT UNION FOR ANY MEMBER TO REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | PROFESSIONAL SERVICES 72,278 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | DEPRECIATION 0 RETAINED EARNINGS ADJUSTMENT 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | IN |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 13746223 |
| IRS990/TotalAssetsEOYAmt | 0 | 12988689 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 13746223 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 12988689 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 9 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 544120 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 11843786 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 11036690 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 11843786 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 11036690 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1902437 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1951999 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 528165 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 57019 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 593682 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 593682 |
| IRS990/TotalVolunteersCnt | 0 | 13 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 13746223 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 12988689 |
| IRS990/TravelGrp/TotalAmt | 0 | 3821 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | 101 NORTH MAIN STREET |
| IRS990/USAddress/City | 0 | SULLIVAN |
| IRS990/USAddress/State | 0 | IN |
| IRS990/USAddress/ZIPCode | 0 | 47882 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | HTTP://SULLIVANCOUNTYCU.COM |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CAROL MCKINNEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8123824216 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-02-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | SULLIVAN COUNTY CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SULL |
| ReturnHeader/Filer/EIN | 0 | 356025623 |
| ReturnHeader/Filer/PhoneNum | 0 | 8123824216 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 101 NORTH MAIN STREET |
| ReturnHeader/Filer/USAddress/City | 0 | SULLIVAN |
| ReturnHeader/Filer/USAddress/State | 0 | IN |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 47882 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | SUMMERS CARROLL WHISLER LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 330 EAST MAIN STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | MUNCIE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | IN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 47305 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7652897951 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-03-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL G WHISLER CPA |
| ReturnHeader/ReturnTs | 0 | 2014-04-30T08:51:06-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $12,988,689
- Liabilities
- $11,036,690
- Net assets
- $1,951,999
- Revenue
- $593,682
- Expenses
- $544,120
- Net income
- $49,562
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