Civic Intelligence

Financial Plus Credit Union

990 • Fiscal year 2017 • EIN 36-2282191

Jan 01, 2017 to Dec 31, 2017 • Filed on May 11, 2018

Organization Profilewww.financialplus.org

View Organization Page

800 Chestnut StreetOttawa, IL 61350

(815) 433-1496

Siviq Scores

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

Liabilities / Assets

24th percentile

0.87x

Higher debt load relative to assets than 24% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Liabilities / Revenue

58th percentile

18.53x

Higher debt load relative to revenue than 58% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Net Margin

84th percentile

22%

Higher net margin than 84% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Top Officer Pay

10th percentile

$235,456

Higher top officer pay than 10% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2017

Asset Growth

34th percentile

3.8%

Faster asset growth than 34% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Revenue Growth

45th percentile

7.8%

Faster revenue growth than 45% of similar nonprofits.

2017 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$310,635,335

Up $11,289,938 (+3.8%) from 2016

Net Assets

Up

$41,358,196

Up $3,058,975 (+8.0%) from 2016

Liabilities

Up

$269,277,139

Up $8,230,963 (+3.2%) from 2016

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin84th percentile

Revenue

Up

$14,531,643

Up $1,045,564 (+7.8%) from 2016

Expenses

Up

$11,358,071

Up $623,319 (+5.8%) from 2016

Net Income

Up

$3,173,572

Up $422,245 (+15%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$600M$400M$200M$0Assets 2010: $175,451,949Liabilities 2010: $151,826,312Net Assets 2010: $23,625,6372010Assets 2011: $192,552,938Liabilities 2011: $166,672,061Net Assets 2011: $25,880,8772011Assets 2012: $206,662,557Liabilities 2012: $178,365,169Net Assets 2012: $28,297,3882012Assets 2013: $219,793,498Liabilities 2013: $189,616,995Net Assets 2013: $30,176,5032013Assets 2014: $235,914,658Liabilities 2014: $203,530,110Net Assets 2014: $32,384,5482014Assets 2015: $280,299,647Liabilities 2015: $244,627,600Net Assets 2015: $35,672,0472015Assets 2016: $299,345,397Liabilities 2016: $261,046,176Net Assets 2016: $38,299,2212016Assets 2017: $310,635,335Liabilities 2017: $269,277,139Net Assets 2017: $41,358,1962017Assets 2018: $319,938,471Liabilities 2018: $274,801,218Net Assets 2018: $45,137,2532018Assets 2019: $337,335,921Liabilities 2019: $287,917,629Net Assets 2019: $49,418,2922019Assets 2020: $397,647,993Liabilities 2020: $345,300,924Net Assets 2020: $52,347,0692020Assets 2021: $450,128,379Liabilities 2021: $395,326,307Net Assets 2021: $54,802,0722021Assets 2022: $468,066,782Liabilities 2022: $416,662,389Net Assets 2022: $51,404,3932022Assets 2023: $488,328,686Liabilities 2023: $431,139,672Net Assets 2023: $57,189,0142023Assets 2024: $528,122,810Liabilities 2024: $462,950,048Net Assets 2024: $65,172,7622024

Highlighted filing

2017

Assets$310,635,335
Liabilities$269,277,139
Net Assets$41,358,196
Open 2017 Filing

Operations Trend

Revenue Growth45th percentile

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

$40M$30M$20M$10M$0Expenses 2010: $9,155,8962010Expenses 2011: $8,890,8852011Expenses 2012: $8,804,5282012Revenue 2013: $11,028,930Expenses 2013: $8,813,875Net Income 2013: $2,215,0552013Revenue 2014: $10,930,912Expenses 2014: $9,162,736Net Income 2014: $1,768,1762014Revenue 2015: $12,166,280Expenses 2015: $9,907,128Net Income 2015: $2,259,1522015Revenue 2016: $13,486,079Expenses 2016: $10,734,752Net Income 2016: $2,751,3272016Revenue 2017: $14,531,643Expenses 2017: $11,358,071Net Income 2017: $3,173,5722017Revenue 2018: $16,237,237Expenses 2018: $12,328,447Net Income 2018: $3,908,7902018Revenue 2019: $17,514,647Expenses 2019: $13,765,737Net Income 2019: $3,748,9102019Revenue 2020: $17,277,341Expenses 2020: $14,668,286Net Income 2020: $2,609,0552020Revenue 2021: $18,435,940Expenses 2021: $15,115,889Net Income 2021: $3,320,0512021Revenue 2022: $20,342,289Expenses 2022: $16,115,786Net Income 2022: $4,226,5032022Revenue 2023: $24,600,191Expenses 2023: $20,759,661Net Income 2023: $3,840,5302023Revenue 2024: $31,030,431Expenses 2024: $25,267,450Net Income 2024: $5,762,9812024

Highlighted filing

2017

Revenue$14,531,643
Expenses$11,358,071
Net Income$3,173,572
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 11, 2018
Return Version
2017v2.3
Gross Receipts
$14,531,643
Mission and Program Overview

Mission

Exceptional Service to Members

To assist our members in the management of their financial wellbeing by providing loans savings accounts and other financial services

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$183,828,941$190,374,174▲ $6,545,233
Investments in Publicly Traded Securities$46,828,985$50,850,070▲ $4,021,085
Savings and Temporary Cash Investments$41,921,924$42,801,344▲ $879,420
Rtn Earn Endowment Incm Other Fnds$38,299,221$41,358,196▲ $3,058,975
Land, Buildings, and Equipment, Net$6,827,813$6,796,538▼ $31,275
Cash and Non-Interest-Bearing Accounts$3,902,401$3,290,951▼ $611,450
Prepaid Expenses and Deferred Charges$1,388,659$1,114,859▼ $273,800
Total Assets$299,345,397$310,635,335▲ $11,289,938
Other Assets Total$14,646,674$15,407,399▲ $760,725
Liabilities
Other Liabilities$258,850,796$266,614,985▲ $7,764,189
Accounts Payable and Accrued Expenses$2,195,380$2,662,154▲ $466,774
Total Liabilities$261,046,176$269,277,139▲ $8,230,963
Net Assets / Fund Balance
Total Net Assets Fund Balance$38,299,221$41,358,196▲ $3,058,975
Total Liabilities and Net Assets / Fund Balance$299,345,397$310,635,335▲ $11,289,938

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,950,331-$3,950,331
Land$1,961,895-$1,961,895
Equipment$884,312-$884,312
Other Assets Org$15,407,399--
Compensation and Service Providers
Top Officer Pay10th percentile

Employees

NameTitleBaseOtherTotal
Gilbert MeyerBoard Chair$176,352$76,898$253,250
Paul SweedenVice Chair$130,971$57,966$188,937
Anthony QuigleyBoard Treasurer$80,257$38,745$119,002
William MucciBoard Secretary$77,873$36,330$114,203

Board Members and Trustees

NameTitle
Robert MarshallSupervisory Chair
TIMOTHY O'DONNELLPresident CEO
Betsy PenoyerVice President
Dianne BangertVice President COO
Thomas BretagBoard Member
Peter FauthExecutive VP CFO
Joseph NavarroSupervisory Committee
Vincent KozsdiySupervisory Committee

Highest Paid Contractors

ContractorServicesLocationCompensation
Blue Cross Blue Shield IlEmployee Health Insurance25550 Network Place, Chicago, IL 60673-1255$593,759
Digital InsightInternet Banking ServicesPO Box 740641, Los Angeles, CA 90074-0641$455,156
Fiserv Solutions-75 Remittance Drive Ste 1649, Chicago, IL 60675-1649$328,443
Lkcs INC-4130 Plank Road, Peru, IL 61354$328,406
Nitel INC-Lockbox Dept 4929, Carol Stream, IL 60122-4929$147,917
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,287,280
Investment Income
$1,244,363
Other Revenue
$0
Change in Net Assets
$3,173,572
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,541,894
Salaries, Compensation, and Employee Benefits$4,816,177
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,059,274
Information Technology---$931,019
Office Expenses---$720,095
Current Officers, Directors, Trustees, and Key Employees---$675,391
Other Employee Benefits---$547,810
Other Expenses---$547,365
Occupancy---$498,779
Depreciation Depletion---$455,733
Advertising---$338,736
Pension Plan Contributions---$294,303
Payroll Taxes---$239,399
All Other Expenses---$200,510
Insurance---$94,557
Travel---$92,240
Conferences and Meetings---$66,687
Fees for Services Accounting---$40,779
Fees for Services Legal---$5,303
Total Functional Expenses$0$0$0$11,358,071
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$266,614,985
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI Line 6

“General membership - member/owners of the credit union.”

Part VI Line 7A

“Each member gets 1 vote per $25 par share deposited in the credit union.”

Part VI Line 7B

“Members vote on all issues at an annual meeting, or special membership”

Part VI Line 7B

“meeting conducted as necessary.”

Part VI Line 11B

“990 is prepared by CFO and reviewed with officers, board of directors, and”

Part VI Line 11B

“external auditors.”

Part VI Line 15A or B

“All employees, including officers go through an annual performance eval and”

Part VI Line 15A or B

“are given salary increases based on performance, subj to independent survey”

Part VI Line 19

“Financial statements and 990 are available upon request. Annual reports,”

Part VI Line 19

“incl year end fin stmts and report are available in office and website.”

Filing and Contact Details

Filer

Filer Name
Financial Plus Credit Union
EIN
36-2282191
In Care Of
% Peter Fauth
Phone
8154331496
Address
800 Chestnut Street, Ottawa, IL 61350

Signing Officer

Name
Peter Fauth
Title
Executive Vice President CFO
Phone
8154331496
Signed
2018-05-11

Organization Details

Principal Officer
TIMOTHY N O'DONNELL
Formed
1951
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
7
Employees
97
Volunteers
8
Supplemental Narrative

Additional Explanations

Part IX Line 24E

“Total expenses - $200510.00 Program service expenses - $0.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”

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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/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Exceptional Service to Members
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt038299221
IRS990/NetAssetsOrFundBalancesEOYAmt041358196
IRS990/NetUnrlzdGainsLossesInvstAmt0-144597
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0498779
IRS990/OfficeExpensesGrp/TotalAmt0720095
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014646674
IRS990/OtherAssetsTotalGrp/EOYAmt015407399
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0547810
IRS990/OtherExpensesGrp/Desc0Dividends on Shares
IRS990/OtherExpensesGrp/Desc1Visa, Loan & Collections
IRS990/OtherExpensesGrp/Desc2Draft, Debit & ATM Expense
IRS990/OtherExpensesGrp/Desc3Provision for Loan Losses
IRS990/OtherExpensesGrp/TotalAmt0807443
IRS990/OtherExpensesGrp/TotalAmt1740873
IRS990/OtherExpensesGrp/TotalAmt21001775
IRS990/OtherExpensesGrp/TotalAmt3547365
IRS990/OtherLiabilitiesGrp/BOYAmt0258850796
IRS990/OtherLiabilitiesGrp/EOYAmt0266614985
IRS990/OtherOrganizationDsc0Cooperative
IRS990/OtherSalariesAndWagesGrp/TotalAmt03059274
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0183828941
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0190374174
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0239399
IRS990/PensionPlanContributionsGrp/TotalAmt0294303
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01388659
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01114859
IRS990/PrincipalOfficerNm0TIMOTHY N O'DONNELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522210
IRS990/ProgramServiceRevenueGrp/BusinessCd3522291
IRS990/ProgramServiceRevenueGrp/BusinessCd4524298
IRS990/ProgramServiceRevenueGrp/Desc0Interest on Loans
IRS990/ProgramServiceRevenueGrp/Desc1Draft Debit Income
IRS990/ProgramServiceRevenueGrp/Desc2Visa Credit Crd Income
IRS990/ProgramServiceRevenueGrp/Desc3Other Loan Income
IRS990/ProgramServiceRevenueGrp/Desc4Accidental Death Ins
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08350980
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13306029
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2456424
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3678695
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt446703
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08350980
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13306029
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2456424
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3678695
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt446703
IRS990/ProgSrvcAccomActy2Grp/Desc0Provided 18,432 share draft checking accounts with related services to members.
IRS990/ProgSrvcAccomActy3Grp/Desc0Provided 5,836 members with Visa credit cards. The revolving lines of credit on these cards total $21,565,831.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0860666
IRS990/PYOtherExpensesAmt06364935
IRS990/PYProgramServiceRevenueAmt012625413
IRS990/PYRevenuesLessExpensesAmt02751327
IRS990/PYSalariesCompEmpBnftPaidAmt04369817
IRS990/PYTotalExpensesAmt010734752
IRS990/PYTotalRevenueAmt013486079
IRS990/ReconcilationRevenueExpnssAmt03173572
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt038299221
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt041358196
IRS990/SavingsAndTempCashInvstGrp/BOYAmt041921924
IRS990/SavingsAndTempCashInvstGrp/EOYAmt042801344
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03950331
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03950331
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0884312
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0884312
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt01961895
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01961895
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015407399
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0266614985
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Shares
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06796538
IRS990ScheduleD/TotalBookValueOtherAssetsAmt015407399
IRS990ScheduleD/TotalLiabilityAmt0266614985
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0176352
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1130971
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt280257
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt377873
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount047580
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount137315
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount222885
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount320873
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt017794
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt116598
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt213991
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt313823
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt011524
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt14053
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt21869
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt31634
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GILBERT MEYER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1PAUL SWEEDEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2ANTHONY QUIGLEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3WILLIAM MUCCI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4ROBERT MARSHALL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5VINCENT KOZSDIY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm6JOSEPH NAVARRO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm7THOMAS BRETAG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm8TIMOTHY O'DONNELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm9PETER FAUTH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm10BETSY PENOYER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm11DIANNE BANGERT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Board Chair
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Vice Chair
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Board Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3Board Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4Supervisory Chair
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5Supervisory Committee
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt6Supervisory Committee
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt7Board Member
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt8President CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt9Executive VP CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt10Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt11Vice President COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0253250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1188937
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2119002
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt3114203
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Credit Union pays for Tim O'Donnell's country club membership dues puruant
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1to written contract, with all expenses approved by the Supervisory
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt2committee of the Board of Directors.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt3Credit union pays for Tim O'Donnell's spousal travel, pursuant to written
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt4policy in his contract, approval by the Supervisory committee of the Board
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt5of Directors, and reported on a 1099-MISC.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 1a
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I, Line 1a
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc4Other
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc5Other
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/TravelForCompanionsInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0General membership - member/owners of the credit union.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each member gets 1 vote per $25 par share deposited in the credit union.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members vote on all issues at an annual meeting, or special membership
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3meeting conducted as necessary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4990 is prepared by CFO and reviewed with officers, board of directors, and

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$310,635,335
Liabilities
$269,277,139
Net assets
$41,358,196
Revenue
$14,531,643
Expenses
$11,358,071
Net income
$3,173,572
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$528$463$65.2$31.0$25.3$5.76
2023Detailed filing. Detailed filing data is available for this year.$488$431$57.2$24.6$20.8$3.84
2022Detailed filing. Detailed filing data is available for this year.$468$417$51.4$20.3$16.1$4.23
2021Detailed filing. Detailed filing data is available for this year.$450$395$54.8$18.4$15.1$3.32
2020Detailed filing. Detailed filing data is available for this year.$398$345$52.3$17.3$14.7$2.61
2019Detailed filing. Detailed filing data is available for this year.$337$288$49.4$17.5$13.8$3.75
2018Detailed filing. Detailed filing data is available for this year.$320$275$45.1$16.2$12.3$3.91
2017Detailed filing. Detailed filing data is available for this year.$311$269$41.4$14.5$11.4$3.17
2016Detailed filing. Detailed filing data is available for this year.$299$261$38.3$13.5$10.7$2.75
2015Detailed filing. Detailed filing data is available for this year.$280$245$35.7$12.2$9.91$2.26
2014Detailed filing. Detailed filing data is available for this year.$236$204$32.4$10.9$9.16$1.77
2013Detailed filing. Detailed filing data is available for this year.$220$190$30.2$11.0$8.81$2.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$207$178$28.3$8.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$193$167$25.9$8.89
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$175$152$23.6$9.16