Civic Intelligence

Select Employees Credit Union

990 • Fiscal year 2012 • EIN 36-2440414

Jan 01, 2012 to Dec 31, 2012 • Filed on Jun 24, 2013

Organization ProfileWWW.SELECTCU.COM

View Organization Page

2412 Freeport Rd61081
Siviq Scores

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

Liabilities / Assets

99th percentile

0.94x

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

2012 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

91st percentile

9.9%

Faster asset growth than 91% of similar nonprofits.

2012 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$35,478,390

Up $3,185,941 (+9.9%) from 2011

Net Assets

Up

$2,273,204

Up $297,864 (+15%) from 2011

Liabilities

Up

$33,205,186

Up $2,888,077 (+9.5%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,377,468

Down $21,254 (-1.5%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$80M$60M$40M$20M$0Assets 2010: $31,397,782Liabilities 2010: $29,823,204Net Assets 2010: $1,574,5782010Assets 2011: $32,292,449Liabilities 2011: $30,317,109Net Assets 2011: $1,975,3402011Assets 2012: $35,478,390Liabilities 2012: $33,205,186Net Assets 2012: $2,273,2042012Assets 2013: $35,935,446Liabilities 2013: $33,377,007Net Assets 2013: $2,558,4392013Assets 2014: $37,845,735Liabilities 2014: $35,164,813Net Assets 2014: $2,680,9222014Assets 2015: $40,595,759Liabilities 2015: $37,719,633Net Assets 2015: $2,876,1262015Assets 2016: $42,821,174Liabilities 2016: $39,818,757Net Assets 2016: $3,002,4172016Assets 2017: $42,398,011Liabilities 2017: $39,258,362Net Assets 2017: $3,139,6492017Assets 2019: $45,845,335Liabilities 2019: $41,831,879Net Assets 2019: $4,013,4562019Assets 2020: $56,841,869Liabilities 2020: $52,537,430Net Assets 2020: $4,304,4392020Assets 2021: $64,870,020Liabilities 2021: $60,000,528Net Assets 2021: $4,869,4922021Assets 2022: $68,097,694Liabilities 2022: $62,685,525Net Assets 2022: $5,412,1692022Assets 2023: $68,639,509Liabilities 2023: $61,910,205Net Assets 2023: $6,729,3042023Assets 2024: $68,111,294Liabilities 2024: $60,011,270Net Assets 2024: $8,100,0242024Assets 2025: $75,838,675Liabilities 2025: $66,519,524Net Assets 2025: $9,319,1512025

Highlighted filing

2012

Assets$35,478,390
Liabilities$33,205,186
Net Assets$2,273,204
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Expenses 2010: $1,662,4172010Expenses 2011: $1,398,7222011Expenses 2012: $1,377,4682012Revenue 2013: $1,660,790Expenses 2013: $1,375,555Net Income 2013: $285,2352013Revenue 2014: $1,626,904Expenses 2014: $1,504,421Net Income 2014: $122,4832014Revenue 2015: $1,652,488Expenses 2015: $1,457,284Net Income 2015: $195,2042015Revenue 2016: $1,779,503Expenses 2016: $1,653,212Net Income 2016: $126,2912016Revenue 2017: $1,925,908Expenses 2017: $1,788,676Net Income 2017: $137,2322017Revenue 2019: $2,454,851Expenses 2019: $1,835,981Net Income 2019: $618,8702019Revenue 2020: $2,225,889Expenses 2020: $1,934,906Net Income 2020: $290,9832020Revenue 2021: $2,354,652Expenses 2021: $1,789,599Net Income 2021: $565,0532021Revenue 2022: $2,407,136Expenses 2022: $1,864,459Net Income 2022: $542,6772022Revenue 2023: $3,557,535Expenses 2023: $2,170,400Net Income 2023: $1,387,1352023Revenue 2024: $3,893,959Expenses 2024: $2,523,239Net Income 2024: $1,370,7202024Revenue 2025: $4,033,041Expenses 2025: $2,813,914Net Income 2025: $1,219,1272025

Highlighted filing

2012

Revenue-
Expenses$1,377,468
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Jun 24, 2013
Return Version
2012v2.1
Gross Receipts
$1,703,491
Mission and Program Overview

Mission

The select employees credit union will meet the needs of members by providing financial products and services delivered with integrity, personal care and individualized attention.

Major Activities

Activity 2
Accepted deposit and issued share certificates to members. Total share balances at the end of 2012 were $32,977,910 this number consisted of share balances of $20,039,406, share draft balances of $6,094,411, and certificate balances of $6,844,092.
Filing and Contact Details

Filer

EIN
36-2440414
Raw XML Appendix383 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/Activity2/Description0ACCEPTED DEPOSIT AND ISSUED SHARE CERTIFICATES TO MEMBERS. TOTAL SHARE BALANCES AT THE END OF 2012 WERE $32,977,910 THIS NUMBER CONSISTED OF SHARE BALANCES OF $20,039,406, SHARE DRAFT BALANCES OF $6,094,411, AND CERTIFICATE BALANCES OF $6,844,092.
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IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION DOES RECEIVE AUDITED FINANCIAL STATEMENTS, HOWEVER THE AUDIT IS PREPARED USING THE NUMBERS FROM 7/1 - 6/30 (FISCAL YEAR BASIS), WHEREAS THE TAX RETURN IS PREPARED USING THE NUMERS FROM 1/1 - 12/31 (CALENDAR YEAR BASIS).
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION IS COMPRISED OF MEMBERS, MOST OF WHOM ARE EMPLOYEES OR RETIRED EMPLOYEES OF SEVERAL LOCAL EMPLOYEE GROUPS WITHIN THE STERLING - ROCK FALLS, ILLINOIS AREA. THE MEMBERS ELECT THE GOVERNING BODY (THE BOARD OF DIRECTORS). THE BOARD OF DIRECTORS IS CHARGED WITH AND HAVE CONTROL OVER THE GENERAL MANAGEMENT OF THE OPERATIONS, FUNDS, AND RECORDS OF THE CREDIT UNION PURSUANT TO PROVISIONS OUTLINED IN THE IL CREDIT UNION ACT AND THE DEPARTMENT'S RULES AND REGULATIONS. THE MEMBERS MAY RECEIVE FROM TIME TO TIME A SHARE OF THE ORGANIZATION'S PROFITS OR EXCESS DUES OR A SHARE OF THE ORGANIZATION'S NET ASSETS UPON THE ORGANIZATION'S DISSOLUTION.
IRS990ScheduleO/GeneralExplanation/Explanation2DURING THE ANNUAL MEETING OF THE MEMBERS IS WHEN THE BOARD OF DIRECTORS IS ELECTED. THERE ARE 9 DIRECTORS. FIFTEEN MEMBERS MUST BE PRESENT AT THE TIME OF THE MEETING IN ORDER TO ELECT THE BOARD. EVERY SHAREHOLDER HAS THE RIGHT TO VOTE THE NUMBER OF SHARES OWNED BY HIM/HER FOR AS MANY PERSONS AS THERE ARE DIRECTORS TO BE ELECTED, OR TO CUMULATE THE SHARES AND GIVE ONE CANDIDATE AS MANY VOTES AS THE NUMBER OF DIRECTORS MULTIPLIED BY THE NUMBER OF HIS/HER SHARES SHALL EQUAL; OR DISTRIBUTE THEM ON THE SAME PRINCIPLE AMONG AS MANY CANDIDATES AS HE/SHE DESIRES. A SOCIETY, ASSOCATION, CLUB, PARTNERSHIP HAVING MEMBERSHIP IN THE CREDIT UNION SHALL BE ENTITLED TO CAST ONLY ONE VOTE REGARDLESS OF THE NUMBER OF SHARES OWNED.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION'S CEO REVIEWS THE 990 THEN MAKES COPIES AVAILABLE TO ALL MEMBERS OF THE BOARD BEFORE SIGNING IT AND SUBMITTING IT TO THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation4TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST, EVERY INSIDER IS TO PROVIDE AN ANNUAL STATEMENT OUTLINING SPECIFIC RELATIONS AND SITUATIONS. ALSO, ALL NEW HIRES WILL COMPLETE PRIOR TO EMPLOYMENT AND ALL NEW VENDORS (IF DEEMED NECESSARY BY MANAGEMENT) PRIOR TO INITIAL PURCHASE OF CONTRACT. THE PRESIDENT WILL BE RESPONSIBLE FOR ALL DIRECTORS, COMMITTEE MEMBERS AND VENDORS. THE BOARD TREASURER WILL OBTAIN ALL EMPLOYEE STATEMENTS.
IRS990ScheduleO/GeneralExplanation/Explanation5DOCUMENTS ARE PROVIDED UPON REQUEST
IRS990ScheduleO/GeneralExplanation/Identifier0AUDITED FINANCIAL STATEMENTS
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IRS990/TotalLiabilitiesBOY030317109
IRS990/TotalLiabilities/EOY033205186
IRS990/TotalLiabilitiesEOY033205186
IRS990/TotalLiabNetAssetsFundBalances/BOY032292449
IRS990/TotalLiabNetAssetsFundBalances/EOY035478390
IRS990/TotalNbrEmployees014
IRS990/TotalNbrVolunteers00
IRS990/TotalNetAssetsFundBalances/BOY01975340
IRS990/TotalNetAssetsFundBalances/EOY02273204
IRS990/TotalOtherCompensation08331
IRS990/TotalOtherRevenue0486620
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceRevenue01092171
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg060167
IRS990/TotalRevenueCurrentYear01675332
IRS990/TotalRevenue/ExclusionAmount095080
IRS990/TotalRevenuePriorYear01799484
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome01573185
IRS990/TotalRevenue/TotalRevenueColumn01675332
IRS990/TotalRevenue/UnrelatedBusinessRevenue07067
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome01
IRS990/UponRequest0X
IRS990/WebSite0WWW.SELECTCU.COM
IRS990/WhistleblowerPolicy00
IRS990/YearFormation01957
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0362440414
ReturnHeader/Filer/Name/BusinessNameLine10SELECT EMPLOYEES CREDIT UNION
ReturnHeader/Filer/NameControl0SELE
ReturnHeader/Filer/Phone08156268181
ReturnHeader/Filer/USAddress/AddressLine102412 FREEPORT RD
ReturnHeader/Filer/USAddress/City0STERLING
ReturnHeader/Filer/USAddress/State0IL
ReturnHeader/Filer/USAddress/ZIPCode061081
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02013-06-24
ReturnHeader/Officer/Name0SUSAN M BRANCH
ReturnHeader/Officer/Phone08156268181
ReturnHeader/Officer/Title0CHIEF EXECUTIVE OFFICER
ReturnHeader/PreparerFirm/EIN0410746749
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10114 E EVERETT
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0DIXON
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0IL
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode061021
ReturnHeader/Preparer/Name0TODD M ETHERIDGE
ReturnHeader/Preparer/Phone08152842285
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-07-01T09:09:20-05:00

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$35,478,390
Liabilities
$33,205,186
Net assets
$2,273,204
Revenue
-
Expenses
$1,377,468
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$75.8$66.5$9.32$4.03$2.81$1.22
2024Detailed filing. Detailed filing data is available for this year.$68.1$60.0$8.10$3.89$2.52$1.37
2023Detailed filing. Detailed filing data is available for this year.$68.6$61.9$6.73$3.56$2.17$1.39
2022Detailed filing. Detailed filing data is available for this year.$68.1$62.7$5.41$2.41$1.86$0.54
2021Detailed filing. Detailed filing data is available for this year.$64.9$60.0$4.87$2.35$1.79$0.57
2020Detailed filing. Detailed filing data is available for this year.$56.8$52.5$4.30$2.23$1.93$0.29
2019Detailed filing. Detailed filing data is available for this year.$45.8$41.8$4.01$2.45$1.84$0.62
2017Detailed filing. Detailed filing data is available for this year.$42.4$39.3$3.14$1.93$1.79$0.14
2016Detailed filing. Detailed filing data is available for this year.$42.8$39.8$3.00$1.78$1.65$0.13
2015Detailed filing. Detailed filing data is available for this year.$40.6$37.7$2.88$1.65$1.46$0.20
2014Detailed filing. Detailed filing data is available for this year.$37.8$35.2$2.68$1.63$1.50$0.12
2013Detailed filing. Detailed filing data is available for this year.$35.9$33.4$2.56$1.66$1.38$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.5$33.2$2.27$1.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.3$30.3$1.98$1.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.4$29.8$1.57$1.66