Civic Intelligence

Service Plus Credit Union

990 • Fiscal year 2014 • EIN 36-2442996

Jan 01, 2014 to Dec 31, 2014 • Filed on May 15, 2015

2110 53rd StreetMoline, IL 61265

(309) 736-2500

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.87x

Higher debt load relative to assets than 53% of similar nonprofits.

2014 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

50th percentile

19.91x

Higher debt load relative to revenue than 50% of similar nonprofits.

2014 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2014

Net Margin

72nd percentile

12%

Higher net margin than 72% of similar nonprofits.

2014 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

17th percentile

$43,369

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2014 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2014

Asset Growth

14th percentile

-3.1%

Faster asset growth than 14% of similar nonprofits.

2014 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

54th percentile

0.3%

Faster revenue growth than 54% of similar nonprofits.

2014 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Down

$21,037,024

Down $677,400 (-3.1%) from 2013

Net Assets

Up

$2,710,291

Up $111,392 (+4.3%) from 2013

Liabilities

Down

$18,326,733

Down $788,792 (-4.1%) from 2013

Revenue

Up

$920,404

Up $2,865 (+0.3%) from 2013

Expenses

Up

$809,012

Up $71,533 (+9.7%) from 2013

Net Income

Down

$111,392

Down $68,668 (-38%) from 2013

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $18,716,924Liabilities 2010: $16,787,816Net Assets 2010: $1,929,1082010Assets 2011: $20,466,066Liabilities 2011: $18,284,704Net Assets 2011: $2,181,3622011Assets 2012: $21,963,274Liabilities 2012: $19,544,435Net Assets 2012: $2,418,8392012Assets 2013: $21,714,424Liabilities 2013: $19,115,525Net Assets 2013: $2,598,8992013Assets 2014: $21,037,024Liabilities 2014: $18,326,733Net Assets 2014: $2,710,2912014Assets 2015: $20,855,686Liabilities 2015: $18,076,654Net Assets 2015: $2,779,0322015Assets 2016: $21,468,855Liabilities 2016: $18,600,940Net Assets 2016: $2,867,9152016Assets 2017: $22,301,547Liabilities 2017: $19,347,401Net Assets 2017: $2,954,1462017Assets 2018: $21,845,248Liabilities 2018: $18,766,283Net Assets 2018: $3,078,9652018Assets 2019: $22,912,780Liabilities 2019: $19,685,809Net Assets 2019: $3,226,9712019Assets 2020: $26,751,951Liabilities 2020: $23,418,546Net Assets 2020: $3,333,4052020Assets 2021: $29,581,201Liabilities 2021: $26,050,860Net Assets 2021: $3,530,3412021Assets 2022: $31,933,152Liabilities 2022: $28,221,043Net Assets 2022: $3,712,1092022Assets 2023: $31,020,239Liabilities 2023: $27,186,694Net Assets 2023: $3,833,5452023Assets 2024: $32,490,252Liabilities 2024: $28,591,581Net Assets 2024: $3,898,6712024

Highlighted filing

2014

Assets$21,037,024
Liabilities$18,326,733
Net Assets$2,710,291

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2010: $825,5702010Expenses 2011: $724,5212011Expenses 2012: $728,0992012Revenue 2013: $917,539Expenses 2013: $737,479Net Income 2013: $180,0602013Revenue 2014: $920,404Expenses 2014: $809,012Net Income 2014: $111,3922014Revenue 2015: $802,019Expenses 2015: $733,278Net Income 2015: $68,7412015Revenue 2016: $830,246Expenses 2016: $741,363Net Income 2016: $88,8832016Revenue 2017: $871,465Expenses 2017: $783,878Net Income 2017: $87,5872017Revenue 2018: $930,745Expenses 2018: $805,926Net Income 2018: $124,8192018Revenue 2019: $989,663Expenses 2019: $841,657Net Income 2019: $148,0062019Revenue 2020: $1,006,778Expenses 2020: $891,448Net Income 2020: $115,3302020Revenue 2021: $1,074,397Expenses 2021: $877,461Net Income 2021: $196,9362021Revenue 2022: $1,113,638Expenses 2022: $928,406Net Income 2022: $185,2322022Revenue 2023: $1,184,386Expenses 2023: $1,062,950Net Income 2023: $121,4362023Revenue 2024: $1,375,506Expenses 2024: $1,310,380Net Income 2024: $65,1262024

Highlighted filing

2014

Revenue$920,404
Expenses$809,012
Net Income$111,392
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$952,638
Mission and Program Overview

Mission

Providing credit and savings services

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$15,994,568$14,557,362▼ $1,437,206
Investments Other Securities$3,090,000$3,090,000→ $0
Rtn Earn Endowment Incm Other Fnds$2,088,529$2,199,921▲ $111,392
Cash and Non-Interest-Bearing Accounts$1,318,616$1,920,886▲ $602,270
Savings and Temporary Cash Investments$491,038$743,067▲ $252,029
Pd in Cap Srpls Land Bldg Eqp Fund$510,370$510,370→ $0
Land, Buildings, and Equipment, Net$470,103$434,764▼ $35,339
Prepaid Expenses and Deferred Charges$36,856$54,676▲ $17,820
Total Assets$21,714,424$21,037,024▼ $677,400
Other Assets Total$313,243$236,269▼ $76,974
Liabilities
Other Liabilities$19,030,467$18,287,892▼ $742,575
Accounts Payable and Accrued Expenses$85,058$38,841▼ $46,217
Total Liabilities$19,115,525$18,326,733▼ $788,792
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,598,899$2,710,291▲ $111,392
Total Liabilities and Net Assets / Fund Balance$21,714,424$21,037,024▼ $677,400

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$333,764$233,329$567,093
Equipment$40,194$377,500$417,694
Land$60,806-$60,806
Other Securities$3,090,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim Charles--$16,324$65,332$81,656
Kevin PiperPresidentFT$43,369-$43,369
Tim CharlesPresident (prior)FT$16,324-$16,324

Board Members and Trustees

NameTitle
Gary PingerChairperson
Alan AndersonVice Chairperson
Dale AdamsonDirector
Kimberly SandsDirector
Larry ShimminDirector
Steve SchrockDirector
Clayton PetersonTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$840,611
Investment Income
$82,027
Other Revenue
$-2,234
Change in Net Assets
$111,392
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$569,378
Salaries, Compensation, and Employee Benefits$239,634
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses---$352,540
Other Salaries and Wages---$134,324
Current Officers, Directors, Trustees, and Key Employees---$59,693
Occupancy---$43,480
Depreciation Depletion---$37,514
Information Technology---$33,352
Other Employee Benefits---$22,687
Payroll Taxes---$20,304
Insurance---$16,130
Other Expenses---$9,936
Advertising---$8,129
Office Expenses---$6,377
Travel---$4,149
Pension Plan Contributions---$2,626
Total Functional Expenses$0$0$0$809,012
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
Members' deposits accounts$18,267,956
Property tax payable$19,936
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
No
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
Filing and Contact Details

Filer

Filer Name
Service Plus Credit Union
EIN
36-2442996
Phone
3097362500
Address
2110 53RD STREET, MOLINE, IL 61265

Signing Officer

Name
Kevin Pieper
Title
President
Phone
3097362500
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Tim Charles
Formed
1950
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
7
Employees
7
Volunteers
7

Preparer

Firm
Kent G Klauer CPA PC
Address
1908 16th St, Moline, IL 61265-3953
Preparer
Kent G Klauer CPA
Phone
3097625800
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 is reviewed by the President and CEO

Pt VI, Line 11B

before filing.

Pt VI, Line 19

Financial statements are posted monthly in credit union

Pt VI, Line 19

lobby. Detailed financial information is available

Pt VI, Line 19

quarterly on NCUA website.

Pt VI, Line 12C

President/CEO reviews vendor transactions to verify

Pt VI, Line 12C

independence of any contractors.

Pt VI, Line 6

The organization is a credit union whose board is

Pt VI, Line 6

elected annually by its members.

Pt VI, Line 7A

The organization is a credit union whose board is

Pt VI, Line 7A

elected annually by its members.

Form 990, Part IX, Line 24F

Ach fee expense 886. Cash over/short 67. Debit card expense 2521. Dividends on member shares 79042. Loan servicing expense 3374. Other expenses 32128. Outside professional serv 49138. Postage 8952. Provision for loan losses 71424. Provision for loan losses dfi 107416. Supervision/audit 19289. Visa rewards program 1805. Rental expense to viii/6b -32234. Home cu software 8732.

Raw XML Appendix377 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/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0333764
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0233329
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0567093
IRS990ScheduleD/EquipmentGrp/BookValueAmt040194
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0377500
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0417694
IRS990ScheduleD/LandGrp/BookValueAmt060806
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060806
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018267956
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119936
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Members' deposits accounts
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Property tax payable
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03090000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0434764
IRS990ScheduleD/TotalBookValueSecuritiesAmt03090000
IRS990ScheduleD/TotalLiabilityAmt018287892
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt016324
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt065332
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt065332
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TIM CHARLES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt081656
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by the President and CEO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Financial statements are posted monthly in credit union
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3lobby. Detailed financial information is available
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4quarterly on NCUA website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5President/CEO reviews vendor transactions to verify
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6independence of any contractors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The organization is a credit union whose board is
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8elected annually by its members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9The organization is a credit union whose board is
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10elected annually by its members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ACH FEE EXPENSE 886. CASH OVER/SHORT 67. DEBIT CARD EXPENSE 2521. DIVIDENDS ON MEMBER SHARES 79042. LOAN SERVICING EXPENSE 3374. OTHER EXPENSES 32128. OUTSIDE PROFESSIONAL SERV 49138. POSTAGE 8952. PROVISION FOR LOAN LOSSES 71424. PROVISION FOR LOAN LOSSES DFI 107416. SUPERVISION/AUDIT 19289. VISA REWARDS PROGRAM 1805. RENTAL EXPENSE TO VIII/6B -32234. HOME CU SOFTWARE 8732.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt021714424
IRS990/TotalAssetsEOYAmt021037024
IRS990/TotalAssetsGrp/BOYAmt021714424
IRS990/TotalAssetsGrp/EOYAmt021037024
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/TotalAmt0809012
IRS990/TotalGrossUBIAmt0-2234
IRS990/TotalLiabilitiesBOYAmt019115525
IRS990/TotalLiabilitiesEOYAmt018326733
IRS990/TotalLiabilitiesGrp/BOYAmt019115525
IRS990/TotalLiabilitiesGrp/EOYAmt018326733
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02598899
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02710291
IRS990/TotalProgramServiceRevenueAmt0840611
IRS990/TotalReportableCompFromOrgAmt059693
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0922638
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0920404
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-2234
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt021714424
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt021037024
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt04149
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0717 S 11th St Ct
IRS990/USAddress/CityNm0Eldridge
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052748
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.service-pluscu.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN PIEPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03097362500
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SERVICE PLUS CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0SERV
ReturnHeader/Filer/EIN0362442996
ReturnHeader/Filer/PhoneNum03097362500
ReturnHeader/Filer/USAddress/AddressLine1Txt02110 53RD STREET
ReturnHeader/Filer/USAddress/CityNm0MOLINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061265
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kent G Klauer CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01908 16th St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Moline
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0612653953
ReturnHeader/PreparerPersonGrp/PhoneNum03097625800
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENT G KLAUER CPA
ReturnHeader/ReturnTs02015-05-15T12:38:37-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.5$28.6$3.90$1.38$1.31$0.07
2023Detailed filing. Detailed filing data is available for this year.$31.0$27.2$3.83$1.18$1.06$0.12
2022Detailed filing. Detailed filing data is available for this year.$31.9$28.2$3.71$1.11$0.93$0.19
2021Detailed filing. Detailed filing data is available for this year.$29.6$26.1$3.53$1.07$0.88$0.20
2020Detailed filing. Detailed filing data is available for this year.$26.8$23.4$3.33$1.01$0.89$0.12
2019Detailed filing. Detailed filing data is available for this year.$22.9$19.7$3.23$0.99$0.84$0.15
2018Detailed filing. Detailed filing data is available for this year.$21.8$18.8$3.08$0.93$0.81$0.12
2017Detailed filing. Detailed filing data is available for this year.$22.3$19.3$2.95$0.87$0.78$0.09
2016Detailed filing. Detailed filing data is available for this year.$21.5$18.6$2.87$0.83$0.74$0.09
2015Detailed filing. Detailed filing data is available for this year.$20.9$18.1$2.78$0.80$0.73$0.07
2014Detailed filing. Detailed filing data is available for this year.$21.0$18.3$2.71$0.92$0.81$0.11
2013Detailed filing. Detailed filing data is available for this year.$21.7$19.1$2.60$0.92$0.74$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.0$19.5$2.42$0.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$18.3$2.18$0.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.7$16.8$1.93$0.83