Liabilities / Assets
48th percentile
Higher debt load relative to assets than 48% of similar nonprofits.
Generations Credit Union
EIN 36-2334218 • 501(c)14 • Rockford, IL
Profile
To assist our members in the management of their financial well-being by providing quality low cost loans, a variety of savings accounts and other financial institution services in a friendly and professsional manner.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.85x
Liabilities / Revenue
55th percentile
Higher debt load relative to revenue than 55% of similar nonprofits.
Net Margin
38th percentile
Higher net margin than 38% of similar nonprofits.
Top Officer Pay
70th percentile
Higher top officer pay than 70% of similar nonprofits.
Top officer pay equals 8.5% of source-year revenue.
Asset Growth
67th percentile
Faster asset growth than 67% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Balance Sheet
Assets
Up$22,538,928
Up $1,132,807 (+5.3%) from 2022
Liabilities
Up$19,125,517
Up $995,449 (+5.5%) from 2022
Net Assets
Up$3,413,411
Up $137,358 (+4.2%) from 2022
Revenue
Up$1,162,673
Up $224,550 (+24%) from 2022
Expenses
Up$1,126,847
Up $290,507 (+35%) from 2022
Net Income
Down$35,826
Down $65,957 (-65%) from 2022
Trend Graphs
Filings
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $22,538,928
- Liabilities
- $19,125,517
- Net assets
- $3,413,411
- Revenue
- $1,162,673
- Expenses
- $1,126,847
- Net income
- $35,826
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 15, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $1,162,673
Mission and Program Overview
Mission
To assist our members in the management of their financial well-being by providing quality low cost loans, a variety of savings accounts and other financial institution services in a friendly and professsional manner.
To provide to our members high quality full line of financial services, such as loans and savings accounts at the lowest cost and highest rate of return, delivered in a personal, friendly atmosphere.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $10,966,108 | $10,520,053 | ▼ $446,055 |
| Investments Other Securities | $9,174,000 | $9,743,000 | ▲ $569,000 |
| Rtn Earn Endowment Incm Other Fnds | $3,377,587 | $3,413,411 | ▲ $35,824 |
| Land, Buildings, and Equipment, Net | $820,143 | $839,987 | ▲ $19,844 |
| Savings and Temporary Cash Investments | $395,864 | $770,315 | ▲ $374,451 |
| Cash and Non-Interest-Bearing Accounts | $263,876 | $200,634 | ▼ $63,242 |
| Investments in Publicly Traded Securities | $111,080 | $140,518 | ▲ $29,438 |
| Prepaid Expenses and Deferred Charges | $30,563 | $62,789 | ▲ $32,226 |
| Accounts Receivable | $42,250 | $47,219 | ▲ $4,969 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $22,011,632 | $22,538,928 | ▲ $527,296 |
| Other Assets Total | $207,748 | $214,413 | ▲ $6,665 |
| Liabilities | |||
| Other Liabilities | $18,419,699 | $18,814,692 | ▲ $394,993 |
| Accounts Payable and Accrued Expenses | $214,346 | $310,825 | ▲ $96,479 |
| 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 | $18,634,045 | $19,125,517 | ▲ $491,472 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $3,377,587 | $3,413,411 | ▲ $35,824 |
| Total Liabilities and Net Assets / Fund Balance | $22,011,632 | $22,538,928 | ▲ $527,296 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $435,938 | $340,521 | $0 |
| Other Land Buildings | $7,583 | $53,546 | $0 |
| Land | $361,945 | - | $0 |
| Equipment | $34,521 | $249,628 | $0 |
| Leasehold Improvements | $0 | $0 | $0 |
| Other Securities | $9,743,000 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Karen Jurasek | President - Treasurer | FT | $91,819 | $6,986 | $98,805 |
Board Members and Trustees
| Name | Title |
|---|---|
| Dale Hillers | Chairman of the Board |
| Donald Fiedler | Board Vice-Chairman |
| Christopher Dausman | Board Member |
| Gary Askegaard | Board Member |
| Jolene Unangst | Board Member |
| Peter Giacommazzo | Board Member |
| Randall Freding | Board Member |
| Robert Boyd | Board Member |
| Joanna Peterson | Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $852,633
- Investment Income
- $310,040
- Other Revenue
- $0
- Change in Net Assets
- $35,826
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $715,870 |
| Salaries, Compensation, and Employee Benefits | $410,977 |
| 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 | $225,793 | - | - | $225,793 |
| Current Officers, Directors, Trustees, and Key Employees | $99,130 | - | - | $99,130 |
| Fees for Services Other | $96,610 | - | - | $96,610 |
| Occupancy | $67,268 | - | - | $67,268 |
| Office Expenses | $56,838 | - | - | $56,838 |
| Other Employee Benefits | $52,335 | - | - | $52,335 |
| Information Technology | $49,280 | - | - | $49,280 |
| Depreciation Depletion | $46,594 | - | - | $46,594 |
| Payroll Taxes | $31,204 | - | - | $31,204 |
| Fees for Services Accounting | $26,800 | - | - | $26,800 |
| Advertising | $20,389 | - | - | $20,389 |
| Other Expenses | $17,816 | $0 | $0 | $17,816 |
| Insurance | $14,400 | - | - | $14,400 |
| Conferences and Meetings | $9,983 | - | - | $9,983 |
| Payments to Affiliates | $9,724 | - | - | $9,724 |
| Fees for Services Legal | $7,796 | - | - | $7,796 |
| Pension Plan Contributions | $2,515 | - | - | $2,515 |
| Total Functional Expenses | $1,126,847 | $0 | $0 | $1,126,847 |
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
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| 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
| Liability | Amount |
|---|---|
| Share of Members | $8,955,254 |
| Certificates | $4,395,057 |
| Checking | $2,741,647 |
| IRA Certificates | $2,024,004 |
| Fortune Fund Shares | $456,404 |
| Vacation Club Shares | $143,725 |
| Non Traditional Checking | $56,308 |
| Christmas Club Shares | $42,293 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- 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
- No
- 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
“The credit union requires those who have an account for loans or savings to be members.”
Form 990, Part VI, Section A, Line 7A
“Members vote on individuals who will serve on the Board of Directors at the annual meeting held each year.”
Form 990, Part VI, Section A, Line 7B
“Members must approve changes in by-laws or mergers.”
Form 990, Part VI, Section B, Line 11B
“The 990 return is prepared by a credit union consultant. Prior to submission to the IRS, the report is reviewed and approved by the credit union's president, who is a member of the Board of Directors, for accuracy and completeness. There is no review by other Board of Directors prior to submission.”
Form 990, Part VI, Section B, Line 12C
“A conflict of interest occurs when a person is in a position to influence the credit union's transactions that may result in a personal gain to himself or a "relative". For this purpose a "relative" is any person who is related to a person by blood, marriage, or one whom a person is cohabiting. It is important that the person disclose to the President/CEO as soon as possible the existence of an actual or potential conflict of interest. This is so that a determination can be made as to whether safeguards should be established to protect all parties. Conflicts of interest by members of the Board would be reviewed by the Chairman of the Board and the supervisory committee. If there is a conflict of interest with any of the above, the individual would be prohibited from participating in the governing body's deliberations and decisions in transactions.”
Form 990, Part VI, Section B, Line 15
“The position of "President" for the credit union is reviewed and approved by the "Chairman of the Board and the Asset and Liability Management Committee" concerning the pay raises for the credit union's president. This position was last reviewed in 2024.”
Form 990, Part VI, Section C, Line 19
“The credit union posts on its office bulletin board the "Conflict of Interest" policy. A link to its website is made of the financial statements for public viewing. Other "governing documents' are not made available to the public.”
Filing and Contact Details
Filer
- Filer Name
- Generations Credit Union
- EIN
- 36-2334218
- Phone
- 8153162900
- Address
- 5618 Harrison Ave, Rockford, IL 61108-8110
Signing Officer
- Name
- Karen Jurasek
- Title
- President
- Phone
- 8153162832
- Signed
- 2025-05-15
Organization Details
- Principal Officer
- Karen Jurasek
- Formed
- 1944
- Legal Domicile
- Il
- Voting Board Members
- 10
- Independent Board Members
- 9
- Employees
- 7
- Volunteers
- 10
Raw XML AppendixShowing 400 of 487 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/AccountsReceivableGrp/BOYAmt | 0 | 42250 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 47219 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | To provide to our members high quality full line of financial services, such as loans and savings accounts at the lowest cost and highest rate of return, delivered in a personal, friendly atmosphere. |
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| IRS990/AdvertisingGrp/TotalAmt | 0 | 20389 |
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| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8153162900 |
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| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 611088110 |
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| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 200634 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 46594 |
| IRS990/Desc | 0 | Provided a Christmas savings plan, Fortune Fund accounts and Vacation club accounts to 508 members. Provided checking accounts to 796 members and IRAs and Certificate of Deposit accounts to 201 members. Received deposits on share accounts from 1,808 members resulting in a total balance on deposit of $18,814,691. |
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| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 7 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
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| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 0 |
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| IRS990/FormationYr | 0 | 1944 |
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| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 49280 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 49280 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 14400 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 14400 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentExpenseAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 310040 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 310040 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 9174000 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 9743000 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 111080 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 140518 |
| IRS990/IRPDocumentCnt | 0 | 442 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 643695 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 820143 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 839987 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1483682 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | To provide to our members high quality full line of financial services, such as loans and savings accounts at the lowest cost and highest rate of return, delivered in a personal, friendly atmosphere. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3377587 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3413411 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -2 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 67268 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 67268 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 56838 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 56838 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 207748 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 214413 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 52335 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 52335 |
| IRS990/OtherExpensesGrp/Desc | 0 | Dividends |
| IRS990/OtherExpensesGrp/Desc | 1 | Provision for loan losses |
| IRS990/OtherExpensesGrp/Desc | 2 | Training and other misc. expenses |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 299351 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | -6979 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 17816 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 299351 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | -6979 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 17816 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 18419699 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 18814692 |
| IRS990/OtherOrganizationDsc | 0 | Cooperative |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 225793 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 225793 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 10966108 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 10520053 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt | 0 | 9724 |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 9724 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 31204 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 31204 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 2515 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 2515 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 30563 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 62789 |
| IRS990/PrincipalOfficerNm | 0 | KAREN JURASEK |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 0 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522291 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522320 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 524298 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Loan Income |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Fees and Other Income |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Group Insurance Income |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 2 | 0 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 674164 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 170527 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 7942 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 674164 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 170527 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 7942 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 2 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Returned 25.7% of gross income to members as dividends to their savings accounts. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Provided credit to members using various loan programs: real estate (first mortgage and home equity) loans, personal (unsecured) loans, and new and used vehicle loans. There was a total number of 663 loans granted to members throughout the year that amounted to $2,439,481. Further, 205 members have a VISA credit card at their disposal with a total credit line of $2,103,800. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 187789 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 489182 |
| IRS990/PYOtherRevenueAmt | 0 | 2356 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 798980 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 101524 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 398419 |
| IRS990/PYTotalExpensesAmt | 0 | 887601 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 989125 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt | 0 | 0 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 35826 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RoyaltiesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 3377587 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 3413411 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 395864 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 770315 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 435938 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 340521 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 776459 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 34521 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 249628 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 284149 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 361945 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 361945 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 7583 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 53546 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 61129 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 8955254 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 2741647 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 56308 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 456404 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 42293 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 5 | 143725 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 6 | 2024004 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 7 | 4395057 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Share of Members |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Checking |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Non Traditional Checking |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | Fortune Fund Shares |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | Christmas Club Shares |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 5 | Vacation Club Shares |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 6 | IRA Certificates |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 7 | Certificates |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 9743000 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Certificates of Deposit |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 839987 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 9743000 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 18814692 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The credit union requires those who have an account for loans or savings to be members. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Members vote on individuals who will serve on the Board of Directors at the annual meeting held each year. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Members must approve changes in by-laws or mergers. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The 990 return is prepared by a credit union consultant. Prior to submission to the IRS, the report is reviewed and approved by the credit union's president, who is a member of the Board of Directors, for accuracy and completeness. There is no review by other Board of Directors prior to submission. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | A conflict of interest occurs when a person is in a position to influence the credit union's transactions that may result in a personal gain to himself or a "relative". For this purpose a "relative" is any person who is related to a person by blood, marriage, or one whom a person is cohabiting. It is important that the person disclose to the President/CEO as soon as possible the existence of an actual or potential conflict of interest. This is so that a determination can be made as to whether safeguards should be established to protect all parties. Conflicts of interest by members of the Board would be reviewed by the Chairman of the Board and the supervisory committee. If there is a conflict of interest with any of the above, the individual would be prohibited from participating in the governing body's deliberations and decisions in transactions. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The position of "President" for the credit union is reviewed and approved by the "Chairman of the Board and the Asset and Liability Management Committee" concerning the pay raises for the credit union's president. This position was last reviewed in 2024. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | The credit union posts on its office bulletin board the "Conflict of Interest" policy. A link to its website is made of the financial statements for public viewing. Other "governing documents' are not made available to the public. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, Line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, Line 7a |
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