Civic Intelligence

Generations Credit Union

990 • Fiscal year 2023 • EIN 36-2334218

Jan 01, 2023 to Dec 31, 2023 • Filed on May 04, 2024

5618 Harrison AveRockford, IL 61108-8110

(815) 316-2900

Siviq Scores

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

Liabilities / Assets

48th percentile

0.85x

Higher debt load relative to assets than 48% of similar nonprofits.

2023 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

60th percentile

18.84x

Higher debt load relative to revenue than 60% of similar nonprofits.

2023 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2023

Net Margin

50th percentile

10%

Higher net margin than 50% of similar nonprofits.

2023 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$96,684

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2023 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2023

Asset Growth

83rd percentile

2.8%

Faster asset growth than 83% of similar nonprofits.

2023 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

18th percentile

5.4%

Faster revenue growth than 18% of similar nonprofits.

2023 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$22,011,632

Up $605,511 (+2.8%) from 2022

Net Assets

Up

$3,377,587

Up $101,534 (+3.1%) from 2022

Liabilities

Up

$18,634,045

Up $503,977 (+2.8%) from 2022

Revenue

Up

$989,125

Up $51,002 (+5.4%) from 2022

Expenses

Up

$887,601

Up $51,261 (+6.1%) from 2022

Net Income

Down

$101,524

Down $259 (-0.3%) from 2022

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $16,282,093Liabilities 2010: $13,368,074Net Assets 2010: $2,914,0192010Assets 2011: $15,577,584Liabilities 2011: $12,632,744Net Assets 2011: $2,944,8402011Assets 2012: $16,155,703Liabilities 2012: $13,189,742Net Assets 2012: $2,965,9612012Assets 2013: $16,040,379Liabilities 2013: $13,070,722Net Assets 2013: $2,969,6572013Assets 2014: $16,311,161Liabilities 2014: $13,330,395Net Assets 2014: $2,980,7662014Assets 2015: $17,992,128Liabilities 2015: $15,036,466Net Assets 2015: $2,955,6622015Assets 2016: $18,529,687Liabilities 2016: $15,736,701Net Assets 2016: $2,792,9862016Assets 2017: $18,325,974Liabilities 2017: $15,503,926Net Assets 2017: $2,822,0482017Assets 2018: $18,562,989Liabilities 2018: $15,723,328Net Assets 2018: $2,839,6612018Assets 2019: $18,490,100Liabilities 2019: $15,597,179Net Assets 2019: $2,892,9212019Assets 2021: $21,344,613Liabilities 2021: $18,170,303Net Assets 2021: $3,174,3102021Assets 2022: $21,406,121Liabilities 2022: $18,130,068Net Assets 2022: $3,276,0532022Assets 2023: $22,011,632Liabilities 2023: $18,634,045Net Assets 2023: $3,377,5872023Assets 2024: $22,538,928Liabilities 2024: $19,125,517Net Assets 2024: $3,413,4112024

Highlighted filing

2023

Assets$22,011,632
Liabilities$18,634,045
Net Assets$3,377,587

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $878,1572010Expenses 2011: $772,6302011Expenses 2012: $739,9382012Revenue 2013: $734,388Expenses 2013: $722,686Net Income 2013: $11,7022013Revenue 2014: $687,358Expenses 2014: $674,017Net Income 2014: $13,3412014Revenue 2015: $698,545Expenses 2015: $720,980Net Income 2015: -$22,4352015Revenue 2016: $749,596Expenses 2016: $910,775Net Income 2016: -$161,1792016Revenue 2017: $794,608Expenses 2017: $764,725Net Income 2017: $29,8832017Revenue 2018: $838,600Expenses 2018: $820,417Net Income 2018: $18,1832018Revenue 2019: $900,413Expenses 2019: $847,057Net Income 2019: $53,3562019Revenue 2021: $1,101,938Expenses 2021: $859,014Net Income 2021: $242,9242021Revenue 2022: $938,123Expenses 2022: $836,340Net Income 2022: $101,7832022Revenue 2023: $989,125Expenses 2023: $887,601Net Income 2023: $101,5242023Revenue 2024: $1,162,673Expenses 2024: $1,126,847Net Income 2024: $35,8262024

Highlighted filing

2023

Revenue$989,125
Expenses$887,601
Net Income$101,524
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 4, 2024
Return Version
2023v5.0
Gross Receipts
$989,125
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
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$11,506,118$10,966,108▼ $540,010
Investments Other Securities$8,233,000$9,174,000▲ $941,000
Rtn Earn Endowment Incm Other Fnds$3,276,053$3,377,587▲ $101,534
Land, Buildings, and Equipment, Net$841,949$820,143▼ $21,806
Savings and Temporary Cash Investments$401,279$395,864▼ $5,415
Cash and Non-Interest-Bearing Accounts$119,635$263,876▲ $144,241
Investments in Publicly Traded Securities$7,850$111,080▲ $103,230
Accounts Receivable$44,936$42,250▼ $2,686
Prepaid Expenses and Deferred Charges$63,024$30,563▼ $32,461
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$21,406,121$22,011,632▲ $605,511
Other Assets Total$188,330$207,748▲ $19,418
Liabilities
Other Liabilities$17,968,825$18,419,699▲ $450,874
Accounts Payable and Accrued Expenses$161,243$214,346▲ $53,103
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$18,130,068$18,634,045▲ $503,977
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,276,053$3,377,587▲ $101,534
Total Liabilities and Net Assets / Fund Balance$21,406,121$22,011,632▲ $605,511

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$453,438$323,021$776,459
Land$361,945-$361,945
Equipment$630$243,729$244,359
Other Land Buildings$4,130$49,550$53,680
Leasehold Improvements$0$0$0
Other Securities$9,174,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen JurasekPresident - TreasurerFT$88,810$7,874$96,684

Board Members and Trustees

NameTitle
Dale HillersChairman of the Board
Donald FiedlerBoard Vice-Chairman
Anita RumageBoard Member
Christopher DausmanBoard Member
Gary AskegaardBoard Member
Jolene UnangstBoard Member
Peter GiacommazzoBoard Member
Randall FredingBoard Member
Robert BoydBoard Member
Joanna PetersonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$798,980
Investment Income
$187,789
Other Revenue
$2,356
Change in Net Assets
$101,524
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$489,182
Salaries, Compensation, and Employee Benefits$398,419
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$214,875$0$0$214,875
Current Officers, Directors, Trustees, and Key Employees$96,684$0$0$96,684
Fees for Services Other$77,611$0$0$77,611
Occupancy$71,901$0$0$71,901
Other Employee Benefits$55,411$0$0$55,411
Office Expenses$46,234$0$0$46,234
Information Technology$43,482$0$0$43,482
Depreciation Depletion$43,314$0$0$43,314
Payroll Taxes$29,526$0$0$29,526
Fees for Services Accounting$26,000$0$0$26,000
Other Expenses$20,733$0$0$20,733
Advertising$14,566$0$0$14,566
Insurance$13,242$0$0$13,242
Payments to Affiliates$9,682$0$0$9,682
Fees for Services Legal$5,814$0$0$5,814
Conferences and Meetings$3,678$0$0$3,678
Pension Plan Contributions$1,923$0$0$1,923
Interest$426$0$0$426
Total Functional Expenses$887,601$0$0$887,601
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
Shares of members$9,359,854
Certificates of Deposit$3,535,271
Checking accounts$2,711,590
IRA Certificates$1,893,583
Fortune fund shares$474,398
Vacation club accounts$322,445
Non-traditional checking accounts$74,888
Christmas club accounts$47,670
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 the credit union's accountant. Prior to submission to 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, 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 deliberation 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 2023.

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
8153162900
Signed
2024-05-04

Organization Details

Principal Officer
Karen Jurasek
Formed
1944
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
10
Employees
11
Volunteers
0
Raw XML AppendixShowing 400 of 577 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/PersonNm1Dale Hillers
IRS990/Form990PartVIISectionAGrp/PersonNm2Robert Boyd
IRS990/Form990PartVIISectionAGrp/PersonNm3Joanna Peterson
IRS990/Form990PartVIISectionAGrp/PersonNm4Randall Freding
IRS990/Form990PartVIISectionAGrp/PersonNm5Gary Askegaard
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IRS990/Form990PartVIISectionAGrp/PersonNm7Peter Giacommazzo
IRS990/Form990PartVIISectionAGrp/PersonNm8Donald Fiedler
IRS990/Form990PartVIISectionAGrp/PersonNm9Anita Rumage
IRS990/Form990PartVIISectionAGrp/PersonNm10Christopher Dausman
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President - Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairman of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Vice-Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01944
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0989125
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt043482
IRS990/InformationTechnologyGrp/TotalAmt043482
IRS990/InitialReturnInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt013242
IRS990/InsuranceGrp/TotalAmt013242
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt0426
IRS990/InterestGrp/TotalAmt0426
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0187789
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0187789
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt08233000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt09174000
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07850
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0111080
IRS990/IRPDocumentCnt0474
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0616300
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0841949
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0820143
IRS990/LandBldgEquipCostOrOtherBssAmt01436443
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0To 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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt03276053
IRS990/NetAssetsOrFundBalancesEOYAmt03377587
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt010
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt071901
IRS990/OccupancyGrp/TotalAmt071901
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt046234
IRS990/OfficeExpensesGrp/TotalAmt046234
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0188330
IRS990/OtherAssetsTotalGrp/EOYAmt0207748
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt055411
IRS990/OtherEmployeeBenefitsGrp/TotalAmt055411
IRS990/OtherExpensesGrp/Desc0Dividends
IRS990/OtherExpensesGrp/Desc1Provision for Loan Loss
IRS990/OtherExpensesGrp/Desc2Training and Other Misc. Expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt093187
IRS990/OtherExpensesGrp/ProgramServicesAmt119312
IRS990/OtherExpensesGrp/ProgramServicesAmt220733
IRS990/OtherExpensesGrp/TotalAmt093187
IRS990/OtherExpensesGrp/TotalAmt119312
IRS990/OtherExpensesGrp/TotalAmt220733
IRS990/OtherLiabilitiesGrp/BOYAmt017968825
IRS990/OtherLiabilitiesGrp/EOYAmt018419699
IRS990/OtherOrganizationDsc0Cooperative
IRS990/OtherRevenueMiscGrp/BusinessCd0525920
IRS990/OtherRevenueMiscGrp/Desc0Member United - NCUA Payment
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02356
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02356
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt02356
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0214875
IRS990/OtherSalariesAndWagesGrp/TotalAmt0214875
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt011506118
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt010966108
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt09682
IRS990/PaymentsToAffiliatesGrp/TotalAmt09682
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt029526
IRS990/PayrollTaxesGrp/TotalAmt029526
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01923
IRS990/PensionPlanContributionsGrp/TotalAmt01923
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt063024
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030563
IRS990/PrincipalOfficerNm0Karen Jurasek
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522320
IRS990/ProgramServiceRevenueGrp/BusinessCd2524298
IRS990/ProgramServiceRevenueGrp/Desc0Loan Income
IRS990/ProgramServiceRevenueGrp/Desc1Fees and Other Income
IRS990/ProgramServiceRevenueGrp/Desc2Group Insurance Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0631129
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1159231
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28620
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0631129
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1159231
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28620
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0Returned 9.4% of gross income to members as dividends to their savings accounts.
IRS990/ProgSrvcAccomActy3Grp/Desc0Provided 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 768 loans granted to members throughout the year that amounted to $3,627,065. Further, 219 members have a VISA credit card at their disposal with a total credit line of $2,177,300.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0108588
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0474380
IRS990/PYOtherRevenueAmt073029
IRS990/PYProgramServiceRevenueAmt0756506
IRS990/PYRevenuesLessExpensesAmt0101783
IRS990/PYSalariesCompEmpBnftPaidAmt0361960
IRS990/PYTotalExpensesAmt0836340
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0938123

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.5$19.1$3.41$1.16$1.13$0.04
2023Detailed filing. Detailed filing data is available for this year.$22.0$18.6$3.38$0.99$0.89$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$18.1$3.28$0.94$0.84$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.3$18.2$3.17$1.10$0.86$0.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$15.6$2.89$0.90$0.85$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.6$15.7$2.84$0.84$0.82$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.3$15.5$2.82$0.79$0.76$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$15.7$2.79$0.75$0.91$0.16
2015Detailed filing. Detailed filing data is available for this year.$18.0$15.0$2.96$0.70$0.72$0.02
2014Detailed filing. Detailed filing data is available for this year.$16.3$13.3$2.98$0.69$0.67$0.01
2013Detailed filing. Detailed filing data is available for this year.$16.0$13.1$2.97$0.73$0.72$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$13.2$2.97$0.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$12.6$2.94$0.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$13.4$2.91$0.88