Civic Intelligence

Aurora Firefighters Credit Union

990 • Fiscal year 2019 • EIN 36-2491990

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 14, 2020

Organization ProfileN/A
88 N LA Salle StAurora, IL 60505-3333

(630) 892-7220

Siviq Scores

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

Liabilities / Assets

76th percentile

0.88x

Higher debt load relative to assets than 76% of similar nonprofits.

2019 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

69th percentile

19.12x

Higher debt load relative to revenue than 69% of similar nonprofits.

2019 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2019

Net Margin

87th percentile

22%

Higher net margin than 87% of similar nonprofits.

2019 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

38th percentile

$16,276

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

2019 filings • 501(c)14 • $1M-$5M nonprofits • Source year 2019

Asset Growth

76th percentile

2.3%

Faster asset growth than 76% of similar nonprofits.

2019 filings • 501(c)14 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

94th percentile

23%

Faster revenue growth than 94% of similar nonprofits.

2019 filings • 501(c)14 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$2,092,991

Up $46,171 (+2.3%) from 2018

Net Assets

Up

$253,085

Up $21,641 (+9.4%) from 2018

Liabilities

Up

$1,839,906

Up $24,530 (+1.4%) from 2018

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin87th percentile

Revenue

Up

$96,250

Up $17,908 (+23%) from 2018

Expenses

Up

$74,609

Up $11,838 (+19%) from 2018

Net Income

Up

$21,641

Up $6,070 (+39%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$3.0M$2.0M$1.0M$0Assets 2013: $1,929,469Liabilities 2013: $1,726,970Net Assets 2013: $202,4992013Assets 2014: $1,892,357Liabilities 2014: $1,686,603Net Assets 2014: $205,7542014Assets 2015: $1,895,958Liabilities 2015: $1,684,379Net Assets 2015: $211,5792015Assets 2016: $1,948,220Liabilities 2016: $1,742,267Net Assets 2016: $205,9532016Assets 2017: $1,891,954Liabilities 2017: $1,676,081Net Assets 2017: $215,8732017Assets 2018: $2,046,820Liabilities 2018: $1,815,376Net Assets 2018: $231,4442018Assets 2019: $2,092,991Liabilities 2019: $1,839,906Net Assets 2019: $253,0852019Assets 2020: $2,215,152Liabilities 2020: $1,955,063Net Assets 2020: $260,0892020Assets 2021: $2,444,495Liabilities 2021: $2,166,707Net Assets 2021: $277,7882021Assets 2022: $2,443,288Liabilities 2022: $2,158,420Net Assets 2022: $284,8682022Assets 2023: $2,521,971Liabilities 2023: $2,192,964Net Assets 2023: $329,0072023Assets 2024: $2,609,685Liabilities 2024: $2,235,192Net Assets 2024: $374,4932024

Highlighted filing

2019

Assets$2,092,991
Liabilities$1,839,906
Net Assets$253,085
Open 2019 Filing

Operations Trend

Revenue Growth94th percentile

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

$150K$100K$50K$0-$50KRevenue 2013: $61,987Expenses 2013: $62,506Net Income 2013: -$5192013Revenue 2014: $63,652Expenses 2014: $60,397Net Income 2014: $3,2552014Revenue 2015: $67,730Expenses 2015: $63,406Net Income 2015: $4,3242015Revenue 2016: $65,002Expenses 2016: $70,628Net Income 2016: -$5,6262016Revenue 2017: $72,054Expenses 2017: $62,134Net Income 2017: $9,9202017Revenue 2018: $78,342Expenses 2018: $62,771Net Income 2018: $15,5712018Revenue 2019: $96,250Expenses 2019: $74,609Net Income 2019: $21,6412019Revenue 2020: $91,074Expenses 2020: $84,070Net Income 2020: $7,0042020Revenue 2021: $97,048Expenses 2021: $79,349Net Income 2021: $17,6992021Revenue 2022: $84,821Expenses 2022: $77,741Net Income 2022: $7,0802022Revenue 2023: $129,783Expenses 2023: $85,644Net Income 2023: $44,1392023Revenue 2024: $143,304Expenses 2024: $97,818Net Income 2024: $45,4862024

Highlighted filing

2019

Revenue$96,250
Expenses$74,609
Net Income$21,641
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 14, 2020
Return Version
2019v5.1
Gross Receipts
$96,250
Mission and Program Overview

Mission

Credit union operated without profit for mutual purposes

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,141,572$1,347,485▲ $205,913
Savings and Temporary Cash Investments$663,261$543,430▼ $119,831
Rtn Earn Endowment Incm Other Fnds$231,444$253,085▲ $21,641
Receivables From Officers Etc$109,954$82,561▼ $27,393
Investments Program Related$66,761$68,154▲ $1,393
Cash and Non-Interest-Bearing Accounts$55,411$40,707▼ $14,704
Prepaid Expenses and Deferred Charges$1,176$4,242▲ $3,066
Land, Buildings, and Equipment, Net$6,185$3,912▼ $2,273
Total Assets$2,046,820$2,092,991▲ $46,171
Other Assets Total$2,500$2,500→ $0
Liabilities
Other Liabilities$1,815,376$1,839,715▲ $24,339
Accounts Payable and Accrued Expenses-$191-
Total Liabilities$1,815,376$1,839,906▲ $24,530
Net Assets / Fund Balance
Total Net Assets Fund Balance$231,444$253,085▲ $21,641
Total Liabilities and Net Assets / Fund Balance$2,046,820$2,092,991▲ $46,171

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,912$3,255-
Compensation and Service Providers
Top Officer Pay38th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Denine ChambersChief Operations OfficerPT$16,276$16,276

Board Members and Trustees

NameTitle
Phillip BergeronChairman
Raymond GarnerVice-Chairman
Daniel KelloggDirector
David DacanayDirector
David RyghDirector
John BoniorDirector
Ricardo TorresDirector
Steven KoeberlDirector
Steven MalatiaDirector
Robert DunnSecretary
Cletus RettenmeierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$81,923
Investment Income
$14,327
Other Revenue
$0
Change in Net Assets
$21,641
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$43,580
Salaries, Compensation, and Employee Benefits$31,029
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$0$0$0$18,399
Current Officers, Directors, Trustees, and Key Employees$0$0$0$16,276
Other Salaries and Wages$0$0$0$12,439
Information Technology$0$0$0$9,958
Office Expenses$0$0$0$5,272
Depreciation Depletion$0$0$0$2,991
Other Expenses$0$0$0$2,523
Payroll Taxes$0$0$0$2,314
Insurance$0$0$0$324
Total Functional Expenses$0$0$0$74,609
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$109,954$82,561▼ $27,393
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$1,839,715
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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
Aurora Firefighters Credit Union
EIN
36-2491990
Phone
6308927220
Address
88 N LA SALLE ST, AURORA, IL 60505-3333

Signing Officer

Name
Denine M Chambers
Title
Chief Operations Officer
Phone
6308927220
Signed
2020-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cletus A Rettenmeier
Formed
1939
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
3
Volunteers
20

Preparer

Firm
Jon N Will & Associates Inc
Address
1525 E 53rd St Suite 526, Chicago, IL 60615
Preparer
Jon N Will
Phone
7736438089
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“As a credit union all the members are shareholders.”

Pt VI, Line 7A

“As a credit union the members vote to elect the governing body.”

Pt VI, Line 11B

“Form 990 is reviewed by senior management before it's submitted to the IRS. Further it will be submitted to the governing body at its next regular monthly meeting. Also this 990 form is very similar to NCUA's 5300 report which every credit union files quarterly and is reviewed quarterly by the governing body.”

Pt VI, Line 19

“All financial statements, governing documents, Board of Directors meeting minutes,etc. are available to the members in the credit union's office during normal business hours.”

Form 990, Part IX, Line 24E

“Bank Processing Fees 6788.”

Form 990, Part IX, Line 24E

“Misc Exp 3429.”

Form 990, Part IX, Line 24E

“Association Dues 2733.”

Form 990, Part IX, Line 24E

“Professional Services 999.”

Form 990, Part IX, Line 24E

“ACH Fees 3384.”

Form 990, Part IX, Line 24E

“Corp CU Fees 1066.”

Raw XML AppendixShowing 400 of 497 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/ProgramServiceRevenueGrp/Desc0Income from Loans
IRS990/ProgramServiceRevenueGrp/Desc1Misc Opr Fees
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt077491
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13899
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0Received savings deposits and certificate of deposit deposits from 469 members, a net decrease of 2 from 2018. At the same time total member deposits increased by $24,339 from 2018.
IRS990/ProgSrvcAccomActy3Grp/Desc0Delinquency rate on outstanding loans, other than VISA, decreased to .004% in 2019, which is the lowest rate in the CU's history. Furthermore the credit union had no loan losses or recoveries on previous losses in 2019. Visa card delinquency at the end of 2019 was .0043%.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt012710
IRS990/PYOtherExpensesAmt033530
IRS990/PYProgramServiceRevenueAmt065632
IRS990/PYRevenuesLessExpensesAmt015571
IRS990/PYSalariesCompEmpBnftPaidAmt029241
IRS990/PYTotalExpensesAmt062771
IRS990/PYTotalRevenueAmt078342
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0109954
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt082561
IRS990/ReconcilationRevenueExpnssAmt021641
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0231444
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0253085
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0663261
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0543430
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt03912
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03255
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt07167
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01839715
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03912
IRS990ScheduleD/TotalLiabilityAmt01839715
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt05345
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt114800
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt21154
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt38977
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt49053
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt527374
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt61658
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt72127
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt88987
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt93086
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd4true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd5true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd6true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd7true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd8true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd9true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd6false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd7false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd8false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd9false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd7X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd8X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd9X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Signature
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Credit Card
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Signature
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3Vehicle
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4Vehicle
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5Vehicle
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6Signature
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt7Signature
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt8Signature
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt9Signature
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt115000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt22000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt340000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt423000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt535802
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt65000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt76000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt810000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt93336
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0John Bonior
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Ricardo Torres
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Steven Koeberl
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3Ricardo Torres
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4John Bonior
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5David Dacanay
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm6David Dacanay
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm7David Dacanay
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm8Philip Bergeron
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm9Daniel Kellogg
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt6Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt7Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt8Chairman
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt9Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd4true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd5true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd6true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd7true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd8true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd9true
IRS990ScheduleL/TotalBalanceDueAmt082561
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0As a credit union all the members are shareholders.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1As a credit union the members vote to elect the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is reviewed by senior management before it's submitted to the IRS. Further it will be submitted to the governing body at its next regular monthly meeting. Also this 990 form is very similar to NCUA's 5300 report which every credit union files quarterly and is reviewed quarterly by the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All financial statements, governing documents, Board of Directors meeting minutes,etc. are available to the members in the credit union's office during normal business hours.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Processing Fees 6788.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Misc Exp 3429.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Association Dues 2733.

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,092,991
Liabilities
$1,839,906
Net assets
$253,085
Revenue
$96,250
Expenses
$74,609
Net income
$21,641
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$2.24$0.37$0.14$0.10$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.52$2.19$0.33$0.13$0.09$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.44$2.16$0.28$0.08$0.08$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.44$2.17$0.28$0.10$0.08$0.02
2020Detailed filing. Detailed filing data is available for this year.$2.22$1.96$0.26$0.09$0.08$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.09$1.84$0.25$0.10$0.07$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.05$1.82$0.23$0.08$0.06$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.89$1.68$0.22$0.07$0.06$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.95$1.74$0.21$0.07$0.07$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.90$1.68$0.21$0.07$0.06$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.89$1.69$0.21$0.06$0.06$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.93$1.73$0.20$0.06$0.06$0.00