Civic Intelligence

Planites Credit Union

990 • Fiscal year 2013 • EIN 36-6057472

Jan 01, 2013 to Dec 31, 2013 • Filed on May 02, 2014

Organization Profilewww.planites.org
300 E Randolph St 14th Floor60601-5099

(312) 653-6370

Siviq Scores

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

Liabilities / Assets

70th percentile

0.90x

Higher debt load relative to assets than 70% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

66th percentile

22.49x

Higher debt load relative to revenue than 66% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Net Margin

46th percentile

5.5%

Higher net margin than 46% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2013

Asset Growth

12th percentile

-3.7%

Faster asset growth than 12% of similar nonprofits.

2013 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$29,689,418

Down $1,125,649 (-3.7%) from 2012

Net Assets

Up

$2,989,671

Up $65,278 (+2.2%) from 2012

Liabilities

Down

$26,699,747

Down $1,190,927 (-4.3%) from 2012

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin46th percentile

Revenue

$1,187,130

No earlier filing loaded for comparison.

Expenses

Down

$1,121,851

Down $67,055 (-5.6%) from 2012

Net Income

$65,279

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$40M$30M$20M$10M$0Assets 2010: $30,285,619Liabilities 2010: $27,483,594Net Assets 2010: $2,802,0252010Assets 2011: $28,734,921Liabilities 2011: $25,876,430Net Assets 2011: $2,858,4912011Assets 2012: $30,815,067Liabilities 2012: $27,890,674Net Assets 2012: $2,924,3932012Assets 2013: $29,689,418Liabilities 2013: $26,699,747Net Assets 2013: $2,989,6712013Assets 2014: $30,075,840Liabilities 2014: $27,024,905Net Assets 2014: $3,050,9352014Assets 2015: $30,691,001Liabilities 2015: $27,504,600Net Assets 2015: $3,186,4012015Assets 2016: $30,652,861Liabilities 2016: $27,255,463Net Assets 2016: $3,397,3982016Assets 2017: $31,272,065Liabilities 2017: $27,706,435Net Assets 2017: $3,565,6302017Assets 2018: $31,611,294Liabilities 2018: $27,948,169Net Assets 2018: $3,663,1252018Assets 2019: $32,216,535Liabilities 2019: $28,413,677Net Assets 2019: $3,802,8582019Assets 2020: $39,811,852Liabilities 2020: $35,940,747Net Assets 2020: $3,871,1052020Assets 2021: $38,342,122Liabilities 2021: $34,385,109Net Assets 2021: $3,957,0132021Assets 2022: $36,545,836Liabilities 2022: $32,508,876Net Assets 2022: $4,036,9602022Assets 2023: $37,372,838Liabilities 2023: $33,263,109Net Assets 2023: $4,109,7292023Assets 2024: $37,285,245Liabilities 2024: $33,083,266Net Assets 2024: $4,201,9792024

Highlighted filing

2013

Assets$29,689,418
Liabilities$26,699,747
Net Assets$2,989,671
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0Expenses 2010: $1,461,8172010Expenses 2011: $1,264,7572011Expenses 2012: $1,188,9062012Revenue 2013: $1,187,130Expenses 2013: $1,121,851Net Income 2013: $65,2792013Revenue 2014: $1,208,780Expenses 2014: $1,147,516Net Income 2014: $61,2642014Revenue 2015: $1,324,255Expenses 2015: $1,188,789Net Income 2015: $135,4662015Revenue 2016: $1,362,763Expenses 2016: $1,151,766Net Income 2016: $210,9972016Revenue 2017: $1,361,803Expenses 2017: $1,193,571Net Income 2017: $168,2322017Revenue 2018: $1,457,375Expenses 2018: $1,359,880Net Income 2018: $97,4952018Revenue 2019: $1,589,738Expenses 2019: $1,450,005Net Income 2019: $139,7332019Revenue 2020: $1,487,267Expenses 2020: $1,419,020Net Income 2020: $68,2472020Revenue 2021: $1,485,511Expenses 2021: $1,399,603Net Income 2021: $85,9082021Revenue 2022: $1,440,647Expenses 2022: $1,360,700Net Income 2022: $79,9472022Revenue 2023: $1,821,773Expenses 2023: $1,749,004Net Income 2023: $72,7692023Revenue 2024: $2,053,005Expenses 2024: $1,960,755Net Income 2024: $92,2502024

Highlighted filing

2013

Revenue$1,187,130
Expenses$1,121,851
Net Income$65,279
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 2, 2014
Return Version
2013v3.1
Gross Receipts
$1,187,130
Mission and Program Overview

Mission

The credit union is a cooperative, not-for-profit financial institution organized to promote thrift and provide a safe, convenient place to save and borrow at reasonable rates of interest. The credit union exists to benefit members, not to make a profit.

Credit union planites is a cooperative, not-for-profit financial institution organized to promote thrift and provide credit to members. Members therefore are provided with a safe, convenient place to save and borrow at reasonable rates at an institution which exists to benefit them, not to make a profit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$20,234,000$17,685,000▼ $2,549,000
Other Notes and Loans Receivable, Net$7,458,842$8,136,023▲ $677,181
Rtn Earn Endowment Incm Other Fnds$2,924,393$2,989,671▲ $65,278
Investments Other Securities$860,000$1,860,000▲ $1,000,000
Savings and Temporary Cash Investments$1,193,150$971,523▼ $221,627
Receivables From Officers Etc$222,755$432,780▲ $210,025
Cash and Non-Interest-Bearing Accounts$481,159$219,760▼ $261,399
Land, Buildings, and Equipment, Net$47,490$44,972▼ $2,518
Accounts Receivable$27,184$39,940▲ $12,756
Prepaid Expenses and Deferred Charges$26,610$24,984▼ $1,626
Total Assets$30,815,067$29,689,418▼ $1,125,649
Other Assets Total$263,877$274,436▲ $10,559
Liabilities
Other Liabilities$26,696,108$26,537,381▼ $158,727
Unsecured Notes Loans Payable$1,000,000--
Accounts Payable and Accrued Expenses$194,566$162,366▼ $32,200
Total Liabilities$27,890,674$26,699,747▼ $1,190,927
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,924,393$2,989,671▲ $65,278
Total Liabilities and Net Assets / Fund Balance$30,815,067$29,689,418▼ $1,125,649

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$44,972$86,896$131,868
Investment Program Related Org$17,685,000--
Other Securities$110,000--
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
James BurdaChairperson
Christine BiasiPresident
Thomas LubbenVice-chairperson
Audrey MroczekDirector
Austin WaldronDirector
Geoffrey CrediDirector
James AndersonDirector
Jennifer CernakDirector
Lisa CouwenhovenDirector
Michael CervenkaDirector
Michael MarksDirector
Robert MajerusDirector
Scott HilgemannDirector
Scott WomackDirector
Susan GajdaSecretary
Maurice SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$469,967
Investment Income
$219,437
Other Revenue
$497,726
Change in Net Assets
$65,279
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,121,851
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$177,288--$177,288
All Other Expenses$157,406--$157,406
Office Expenses$152,947--$152,947
Advertising$23,864--$23,864
Conferences and Meetings$18,771--$18,771
Insurance$15,310--$15,310
Other Expenses$8,064--$8,064
Fees for Services Accounting$6,201--$6,201
Fees for Services Legal$905--$905
Total Functional Expenses$1,121,851$0$0$1,121,851
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$222,755$432,780▲ $210,025
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Regular Shares$12,331,865
Certificates$10,816,020
IRAs$1,525,259
Share Draft$1,079,206
Club Accounts$785,031
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
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

EIN
36-6057472
Phone
3126536370

Signing Officer

Name
Christine Biasi
Title
President
Phone
3126536370
Signed
2014-05-02
Discuss with paid preparer
Yes

Organization Details

Formed
1955
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Preparer
Ray Suoranta
Phone
2198364930
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“Each member of the credit union who maintains their minimum”

Pt VI, Line 6

“Balance in their regular share acct is a shareholder.”

Pt VI, Line 7A

“Members of the credit union elect the board of directors”

Pt VI, Line 7A

“AT THEIR ANNUAL MEETING.”

Pt VI, Line 11B

“The tax mgr for the sponsor company reviews the 990 under”

Pt VI, Line 11B

“The supervision of board member, scott womack.”

Pt VI, Line 15A

“The sponsor company compensates employees and utilizes”

Pt VI, Line 15A

“Industry salary surveys to determine compensation.”

Pt VI, Line 15B

“The sponsor company compensates employees and utilizes”

Pt VI, Line 15B

“Industry salary surveys to determine compensation.”

Pt VI, Line 19

“All documents are availabe upon request.”

Pt XI

“ROUNDING”

Form 990, Part IX, Line 24F

“Association dues 11015. 11015. Bank fees & draft exp 19462. 19462. Dfi exam fees 13723. 13723. Loan servicing 69464. 69464. Overdraft advance exp 19742. 19742. Provision for loan loss 24000. 24000.”

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IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CREDIT UNION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02924393
IRS990/NetAssetsOrFundBalancesEOYAmt02989671
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt0152947
IRS990/OfficeExpensesGrp/TotalAmt0152947
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0263877
IRS990/OtherAssetsTotalGrp/EOYAmt0274436
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherExpensesGrp/Desc0LEASED LABOR
IRS990/OtherExpensesGrp/Desc1SHARE INSURANCE PREMIUM
IRS990/OtherExpensesGrp/Desc2VISA/ATM/CASH EXPENSE
IRS990/OtherExpensesGrp/Desc3CASH OVER/SHORT & DIFFERENCES
IRS990/OtherExpensesGrp/ProgramServicesAmt0410878
IRS990/OtherExpensesGrp/ProgramServicesAmt13481
IRS990/OtherExpensesGrp/ProgramServicesAmt2146736
IRS990/OtherExpensesGrp/ProgramServicesAmt38064
IRS990/OtherExpensesGrp/TotalAmt0410878
IRS990/OtherExpensesGrp/TotalAmt13481
IRS990/OtherExpensesGrp/TotalAmt2146736
IRS990/OtherExpensesGrp/TotalAmt38064
IRS990/OtherLiabilitiesGrp/BOYAmt026696108
IRS990/OtherLiabilitiesGrp/EOYAmt026537381
IRS990/OtherRevenueMiscGrp/BusinessCd0522190
IRS990/OtherRevenueMiscGrp/BusinessCd1522190
IRS990/OtherRevenueMiscGrp/Desc0FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0390134
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1107592
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0390134
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1107592
IRS990/OtherRevenueTotalAmt0497726
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt07458842
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08136023
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026610
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024984
IRS990/PrincipalOfcrBusinessAddress/BusinessNameLine10CHRISTINE BIASI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522190
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0469967
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0240801
IRS990/PYOtherExpensesAmt01188906
IRS990/PYOtherRevenueAmt0589492
IRS990/PYProgramServiceRevenueAmt0424515
IRS990/PYRevenuesLessExpensesAmt065902
IRS990/PYTotalExpensesAmt01188906
IRS990/PYTotalRevenueAmt01254808
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0222755
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0432780
IRS990/ReconcilationRevenueExpnssAmt065279
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02924393
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02989671
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01193150
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0971523
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt044972
IRS990ScheduleD/EquipmentGrp/DepreciationAmt086896
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0131868
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt017685000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CERTIFICATES - BANK & S/L
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012331865
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1785031
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21079206
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt310816020
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41525259
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CLUB ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CERTIFICATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4IRAs
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01750000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1110000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0GOVT SECURITIES HTM
IRS990ScheduleD/OtherSecuritiesGrp/Desc1LOANS TO CUSOS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt044972
IRS990ScheduleD/TotalBookValueProgramRltdAmt017685000
IRS990ScheduleD/TotalBookValueSecuritiesAmt01860000
IRS990ScheduleD/TotalLiabilityAmt026537381
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0130394
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt114285
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt2230050
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt358051
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt01ST MORTGAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1AUTO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt21ST MORTGAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt31ST MORTGAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0136000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt121000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2232000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt371000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0CHRISTINE BIASI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1CHRISTINE BIASI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2CHRISTINE BIASI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3LISA COUWENHOVEN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3true
IRS990ScheduleL/TotalBalanceDueAmt0432780
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH MEMBER OF THE CREDIT UNION WHO MAINTAINS THEIR MINIMUM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BALANCE IN THEIR REGULAR SHARE ACCT IS A SHAREHOLDER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THEIR ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE TAX MGR FOR THE SPONSOR COMPANY REVIEWS THE 990 UNDER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SUPERVISION OF BOARD MEMBER, SCOTT WOMACK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE SPONSOR COMPANY COMPENSATES EMPLOYEES AND UTILIZES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7INDUSTRY SALARY SURVEYS TO DETERMINE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE SPONSOR COMPANY COMPENSATES EMPLOYEES AND UTILIZES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9INDUSTRY SALARY SURVEYS TO DETERMINE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ALL DOCUMENTS ARE AVAILABE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ROUNDING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12ASSOCIATION DUES 11015. 11015. BANK FEES & DRAFT EXP 19462. 19462. DFI EXAM FEES 13723. 13723. LOAN SERVICING 69464. 69464. OVERDRAFT ADVANCE EXP 19742. 19742. PROVISION FOR LOAN LOSS 24000. 24000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt030815067
IRS990/TotalAssetsEOYAmt029689418
IRS990/TotalAssetsGrp/BOYAmt030815067
IRS990/TotalAssetsGrp/EOYAmt029689418

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,689,418
Liabilities
$26,699,747
Net assets
$2,989,671
Revenue
$1,187,130
Expenses
$1,121,851
Net income
$65,279
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$37.3$33.1$4.20$2.05$1.96$0.09
2023Detailed filing. Detailed filing data is available for this year.$37.4$33.3$4.11$1.82$1.75$0.07
2022Detailed filing. Detailed filing data is available for this year.$36.5$32.5$4.04$1.44$1.36$0.08
2021Detailed filing. Detailed filing data is available for this year.$38.3$34.4$3.96$1.49$1.40$0.09
2020Detailed filing. Detailed filing data is available for this year.$39.8$35.9$3.87$1.49$1.42$0.07
2019Detailed filing. Detailed filing data is available for this year.$32.2$28.4$3.80$1.59$1.45$0.14
2018Detailed filing. Detailed filing data is available for this year.$31.6$27.9$3.66$1.46$1.36$0.10
2017Detailed filing. Detailed filing data is available for this year.$31.3$27.7$3.57$1.36$1.19$0.17
2016Detailed filing. Detailed filing data is available for this year.$30.7$27.3$3.40$1.36$1.15$0.21
2015Detailed filing. Detailed filing data is available for this year.$30.7$27.5$3.19$1.32$1.19$0.14
2014Detailed filing. Detailed filing data is available for this year.$30.1$27.0$3.05$1.21$1.15$0.06
2013Detailed filing. Detailed filing data is available for this year.$29.7$26.7$2.99$1.19$1.12$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.8$27.9$2.92$1.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.7$25.9$2.86$1.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.3$27.5$2.80$1.46