Civic Intelligence

Aaec Credit Union

990 • Fiscal year 2014 • EIN 36-2364054

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

Organization Profilewww.aaeccu.com

View Organization Page

115 S Wilke Rd Suite 106Arlington Heights, IL 60005-1500

(847) 392-1922

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.89x

Higher debt load relative to assets than 52% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

99th percentile

40.87x

Higher debt load relative to revenue than 99% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2014

Net Margin

90th percentile

22%

Higher net margin than 90% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

95th percentile

$235,881

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 15.6% of source-year revenue.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2014

Asset Growth

37th percentile

1.4%

Faster asset growth than 37% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

47th percentile

-0.1%

Faster revenue growth than 47% of similar nonprofits.

2014 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$69,394,165

Up $926,987 (+1.4%) from 2013

Net Assets

Up

$7,490,129

Up $344,422 (+4.8%) from 2013

Liabilities

Up

$61,904,036

Up $582,565 (+1.0%) from 2013

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin90th percentile

Revenue

Down

$1,514,533

Down $1,564 (-0.1%) from 2013

Expenses

Up

$1,174,799

Up $30,917 (+2.7%) from 2013

Net Income

Down

$339,734

Down $32,481 (-8.7%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$150M$100M$50M$0Assets 2010: $60,556,183Liabilities 2010: $54,507,791Net Assets 2010: $6,048,3922010Assets 2011: $62,429,973Liabilities 2011: $55,974,260Net Assets 2011: $6,455,7132011Assets 2012: $65,013,802Liabilities 2012: $58,216,870Net Assets 2012: $6,796,9322012Assets 2013: $68,467,178Liabilities 2013: $61,321,471Net Assets 2013: $7,145,7072013Assets 2014: $69,394,165Liabilities 2014: $61,904,036Net Assets 2014: $7,490,1292014Assets 2015: $74,078,111Liabilities 2015: $66,089,922Net Assets 2015: $7,988,1892015Assets 2016: $78,130,255Liabilities 2016: $69,790,747Net Assets 2016: $8,339,5082016Assets 2017: $80,010,375Liabilities 2017: $71,163,697Net Assets 2017: $8,846,6782017Assets 2018: $81,884,092Liabilities 2018: $72,381,910Net Assets 2018: $9,502,1822018Assets 2019: $80,259,682Liabilities 2019: $69,842,868Net Assets 2019: $10,416,8142019Assets 2020: $92,193,677Liabilities 2020: $80,906,751Net Assets 2020: $11,286,9262020Assets 2021: $101,236,695Liabilities 2021: $89,087,787Net Assets 2021: $12,148,9082021Assets 2022: $100,605,056Liabilities 2022: $87,732,011Net Assets 2022: $12,873,0452022Assets 2023: $98,327,683Liabilities 2023: $84,576,766Net Assets 2023: $13,750,9172023Assets 2024: $106,878,953Liabilities 2024: $93,299,655Net Assets 2024: $13,579,2982024

Highlighted filing

2014

Assets$69,394,165
Liabilities$61,904,036
Net Assets$7,490,129
Open 2014 Filing

Operations Trend

Revenue Growth47th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2010: $1,640,0812010Expenses 2011: $1,424,3302011Expenses 2012: $1,468,8092012Revenue 2013: $1,516,097Expenses 2013: $1,143,882Net Income 2013: $372,2152013Revenue 2014: $1,514,533Expenses 2014: $1,174,799Net Income 2014: $339,7342014Revenue 2015: $1,639,762Expenses 2015: $1,130,987Net Income 2015: $508,7752015Revenue 2016: $1,906,997Expenses 2016: $1,544,963Net Income 2016: $362,0342016Revenue 2017: $2,108,249Expenses 2017: $1,592,374Net Income 2017: $515,8752017Revenue 2018: $2,565,197Expenses 2018: $1,896,968Net Income 2018: $668,2292018Revenue 2019: $2,830,465Expenses 2019: $1,926,548Net Income 2019: $903,9172019Revenue 2020: $2,652,079Expenses 2020: $1,784,646Net Income 2020: $867,4332020Revenue 2021: $2,614,877Expenses 2021: $1,736,152Net Income 2021: $878,7252021Revenue 2022: $2,569,769Expenses 2022: $1,800,091Net Income 2022: $769,6782022Revenue 2023: $3,206,186Expenses 2023: $2,327,645Net Income 2023: $878,5412023Revenue 2024: $4,054,418Expenses 2024: $3,294,693Net Income 2024: $759,7252024

Highlighted filing

2014

Revenue$1,514,533
Expenses$1,174,799
Net Income$339,734
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 1, 2015
Return Version
2014v5.0
Gross Receipts
$1,514,533
Mission and Program Overview

Mission

Credit union operated for mutual purposes to promote thrift and provide low cost loans to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$45,948,957$49,696,155▲ $3,747,198
Other Notes and Loans Receivable, Net$13,998,140$15,607,193▲ $1,609,053
Rtn Earn Endowment Incm Other Fnds$7,145,707$7,490,129▲ $344,422
Cash and Non-Interest-Bearing Accounts$7,534,266$3,206,885▼ $4,327,381
Receivables From Officers Etc$140,486--
Prepaid Expenses and Deferred Charges$7,103$7,351▲ $248
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$68,467,178$69,394,165▲ $926,987
Other Assets Total$838,226$876,581▲ $38,355
Liabilities
Other Liabilities$61,088,660$61,654,392▲ $565,732
Accounts Payable and Accrued Expenses$232,811$249,644▲ $16,833
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$61,321,471$61,904,036▲ $582,565
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,145,707$7,490,129▲ $344,422
Total Liabilities and Net Assets / Fund Balance$68,467,178$69,394,165▲ $926,987

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$0$198,974$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jill LindsayPresidentFT$170,808$65,073$235,881

Board Members and Trustees

NameTitle
Eric SwansonDirector
Jack CutlipDirector
Jan PhillipsDirector
Joan WeberDirector
Joyce McnealyDirector
Nancy MilneDirector
Ronald JoyDirector
Sharon EliopoulosDirector
Thomas AdamDirector
Tom PulfordDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,046,924
Investment Income
$467,609
Other Revenue
$0
Change in Net Assets
$339,734
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$620,936
Other Expenses$553,863
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$266,783
Current Officers, Directors, Trustees, and Key Employees---$235,881
Insurance---$70,775
Other Employee Benefits---$48,714
Office Expenses---$47,335
Pension Plan Contributions---$38,840
Occupancy---$34,153
Payroll Taxes---$30,718
All Other Expenses---$26,442
Other Expenses---$20,662
Information Technology---$13,430
Conferences and Meetings---$10,799
Fees for Services Accounting---$9,175
Advertising---$7,655
Fees for Services Legal---$532
Interest---$28
Total Functional Expenses$0$0$0$1,174,799
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
Receivables from Officers, Directors, Trustees, and Key Employees$140,486--
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Accounts$61,654,392
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization is a state-chartered member-owned not-for-profit credit union.”

Form 990, Part VI, Section A, Line 7A

“Each year, the members of the board of directors of the credit union are elected by the membership of the credit union.”

Form 990, Part VI, Section B, Line 11B

“The credit union engages an outside tax preparer to prepare the annual form 990. A draft copy of the form 990 is presented to the president of the credit union for review on behalf of the board of directors prior to filing.”

Form 990, Part VI, Section B, Line 15

“Each year, the members of the board of directors of the credit union meet to discuss and approve compensation and benefits for the president of the credit union. The board of directors reviews comparative information in determining compensation for the president of the credit union.”

Form 990, Part VI, Section C, Line 19

“The credit union makes its governing documents and financial statements available to members upon request. The credit union also complies with all state & federal laws & regulations to make these documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Aaec Credit Union
EIN
36-2364054
Phone
8473921922
Address
115 S WILKE RD SUITE 106, ARLINGTON HEIGHTS, IL 60005-1500

Signing Officer

Name
Jill Lindsay
Title
President
Phone
8473921922
Signed
2015-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jill Lindsay
Formed
1955
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
7
Volunteers
10

Preparer

Firm
American Eagle Tax & Accounting Inc
Address
PO Box 398, Huntley, IL 60142-0398
Preparer
Dennis J Wagner
Phone
8475153100
Raw XML AppendixShowing 400 of 477 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/NetAssetsOrFundBalancesEOYAmt07490129
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt04688
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt034153
IRS990/OfficeExpensesGrp/TotalAmt047335
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0838226
IRS990/OtherAssetsTotalGrp/EOYAmt0876581
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048714
IRS990/OtherExpensesGrp/Desc0DIVIDENDS PAID TO MEMBERS
IRS990/OtherExpensesGrp/Desc1MEMBER PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2STATE SUPERVISORY FEE
IRS990/OtherExpensesGrp/TotalAmt0189763
IRS990/OtherExpensesGrp/TotalAmt1123114
IRS990/OtherExpensesGrp/TotalAmt220662
IRS990/OtherLiabilitiesGrp/BOYAmt061088660
IRS990/OtherLiabilitiesGrp/EOYAmt061654392
IRS990/OtherOrganizationDsc0STATE CHARTERED CREDIT UNION (COOPERATIVE)
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0266783
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt013998140
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt015607193
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt030718
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt038840
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07103
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07351
IRS990/PrincipalOfficerNm0JILL LINDSAY
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522130
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0938811
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133806
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt274307
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0938811
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133806
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt274307
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0CREATE A SOURCE OF CREDIT AT A REASONABLE RATE OF INTEREST FOR MEMBERS OF THE CREDIT UNION. AT DECEMBER 31, 2014, THERE WERE 1,866 LOANS AND CREDIT CARDS OUTSTANDING TO MEMBERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE AN OPPORTUNITY FOR MEMBERS TO USE AND CONTROL THEIR OWN MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0461332
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0536671
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01054765
IRS990/PYRevenuesLessExpensesAmt0372215
IRS990/PYSalariesCompEmpBnftPaidAmt0607211
IRS990/PYTotalExpensesAmt01143882
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01516097
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0140486
IRS990/ReconcilationRevenueExpnssAmt0339734
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt07145707
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt07490129
IRS990/SavingsAndTempCashInvstGrp/BOYAmt045948957
IRS990/SavingsAndTempCashInvstGrp/EOYAmt049696155
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0198974
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0198974
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt061654392
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER ACCOUNTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt061654392
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0170808
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount020863
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt044210
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JILL LINDSAY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0235881
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE ANNUAL SALARY AND BENEFITS PAID TO THE PRESIDENT OF THE CREDIT UNION ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A STATE-CHARTERED MEMBER-OWNED NOT-FOR-PROFIT CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH YEAR, THE MEMBERS OF THE BOARD OF DIRECTORS OF THE CREDIT UNION ARE ELECTED BY THE MEMBERSHIP OF THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CREDIT UNION ENGAGES AN OUTSIDE TAX PREPARER TO PREPARE THE ANNUAL FORM 990. A DRAFT COPY OF THE FORM 990 IS PRESENTED TO THE PRESIDENT OF THE CREDIT UNION FOR REVIEW ON BEHALF OF THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH YEAR, THE MEMBERS OF THE BOARD OF DIRECTORS OF THE CREDIT UNION MEET TO DISCUSS AND APPROVE COMPENSATION AND BENEFITS FOR THE PRESIDENT OF THE CREDIT UNION. THE BOARD OF DIRECTORS REVIEWS COMPARATIVE INFORMATION IN DETERMINING COMPENSATION FOR THE PRESIDENT OF THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CREDIT UNION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO MEMBERS UPON REQUEST. THE CREDIT UNION ALSO COMPLIES WITH ALL STATE & FEDERAL LAWS & REGULATIONS TO MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt068467178

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$69,394,165
Liabilities
$61,904,036
Net assets
$7,490,129
Revenue
$1,514,533
Expenses
$1,174,799
Net income
$339,734
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$107$93.3$13.6$4.05$3.29$0.76
2023Detailed filing. Detailed filing data is available for this year.$98.3$84.6$13.8$3.21$2.33$0.88
2022Detailed filing. Detailed filing data is available for this year.$101$87.7$12.9$2.57$1.80$0.77
2021Detailed filing. Detailed filing data is available for this year.$101$89.1$12.1$2.61$1.74$0.88
2020Detailed filing. Detailed filing data is available for this year.$92.2$80.9$11.3$2.65$1.78$0.87
2019Detailed filing. Detailed filing data is available for this year.$80.3$69.8$10.4$2.83$1.93$0.90
2018Detailed filing. Detailed filing data is available for this year.$81.9$72.4$9.50$2.57$1.90$0.67
2017Detailed filing. Detailed filing data is available for this year.$80.0$71.2$8.85$2.11$1.59$0.52
2016Detailed filing. Detailed filing data is available for this year.$78.1$69.8$8.34$1.91$1.54$0.36
2015Detailed filing. Detailed filing data is available for this year.$74.1$66.1$7.99$1.64$1.13$0.51
2014Detailed filing. Detailed filing data is available for this year.$69.4$61.9$7.49$1.51$1.17$0.34
2013Detailed filing. Detailed filing data is available for this year.$68.5$61.3$7.15$1.52$1.14$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.0$58.2$6.80$1.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.4$56.0$6.46$1.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.6$54.5$6.05$1.64