Civic Intelligence

Revity Credit Union

990 • Fiscal year 2020 • EIN 37-0646488

Jan 01, 2020 to Dec 31, 2020 • Filed on May 10, 2021

Organization ProfileWWW.MYGCSCU.COM

View Organization Page

3970 Maryville RoadGranite City, IL 62040

(618) 797-7993

Siviq Scores

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

Liabilities / Assets

40th percentile

0.89x

Higher debt load relative to assets than 40% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2020

Liabilities / Revenue

46th percentile

19.13x

Higher debt load relative to revenue than 46% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2020

Net Margin

47th percentile

11%

Higher net margin than 47% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2020

Top Officer Pay

11th percentile

$239,960

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2020

Asset Growth

29th percentile

15%

Faster asset growth than 29% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2019 to 2020

Revenue Growth

17th percentile

-7.9%

Faster revenue growth than 17% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$397,616,673

Up $50,395,870 (+15%) from 2019

Net Assets

Up

$43,465,883

Up $1,936,097 (+4.7%) from 2019

Liabilities

Up

$354,150,790

Up $48,459,773 (+16%) from 2019

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin47th percentile

Revenue

Down

$18,517,571

Down $1,596,953 (-7.9%) from 2019

Expenses

Down

$16,493,790

Down $2,790,023 (-14%) from 2019

Net Income

Up

$2,023,781

Up $1,193,070 (+144%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$600M$400M$200M$0Assets 2014: $309,008,530Liabilities 2014: $272,762,938Net Assets 2014: $36,245,5922014Assets 2015: $312,532,650Liabilities 2015: $275,173,927Net Assets 2015: $37,358,7232015Assets 2016: $323,256,415Liabilities 2016: $284,571,188Net Assets 2016: $38,685,2272016Assets 2017: $328,251,641Liabilities 2017: $288,600,992Net Assets 2017: $39,650,6492017Assets 2018: $345,209,620Liabilities 2018: $304,700,948Net Assets 2018: $40,508,6722018Assets 2019: $347,220,803Liabilities 2019: $305,691,017Net Assets 2019: $41,529,7862019Assets 2020: $397,616,673Liabilities 2020: $354,150,790Net Assets 2020: $43,465,8832020Assets 2021: $448,089,061Liabilities 2021: $401,930,222Net Assets 2021: $46,158,8392021Assets 2022: $436,616,353Liabilities 2022: $403,131,211Net Assets 2022: $33,485,1422022Assets 2024: $460,729,959Liabilities 2024: $420,432,383Net Assets 2024: $40,297,5762024

Highlighted filing

2020

Assets$397,616,673
Liabilities$354,150,790
Net Assets$43,465,883
Open 2020 Filing

Operations Trend

Revenue Growth17th percentile

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

$30M$20M$10M$0Revenue 2014: $16,214,718Expenses 2014: $15,518,945Net Income 2014: $695,7732014Revenue 2015: $16,236,362Expenses 2015: $15,106,590Net Income 2015: $1,129,7722015Revenue 2016: $16,773,356Expenses 2016: $15,854,786Net Income 2016: $918,5702016Revenue 2017: $17,998,402Expenses 2017: $17,168,595Net Income 2017: $829,8072017Revenue 2018: $19,441,363Expenses 2018: $18,876,504Net Income 2018: $564,8592018Revenue 2019: $20,114,524Expenses 2019: $19,283,813Net Income 2019: $830,7112019Revenue 2020: $18,517,571Expenses 2020: $16,493,790Net Income 2020: $2,023,7812020Revenue 2021: $19,603,489Expenses 2021: $14,901,006Net Income 2021: $4,702,4832021Revenue 2022: $20,228,716Expenses 2022: $16,785,020Net Income 2022: $3,443,6962022Revenue 2024: $25,020,502Expenses 2024: $24,130,231Net Income 2024: $890,2712024

Highlighted filing

2020

Revenue$18,517,571
Expenses$16,493,790
Net Income$2,023,781
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 10, 2021
Return Version
2020v4.1
Gross Receipts
$18,545,571
Mission and Program Overview

Mission

To provide cooperative financial services to anyone who lives, works or attends school within the following illinois counties: sangamon, logan, macon, marion, jefferson, perry, jackson, williamson, jersey, macoupin, montgomery, madison, bond, clinton, st. Clair, monroe, washington and randolph.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$254,931,825$241,589,411▼ $13,342,414
Savings and Temporary Cash Investments$63,515,118$63,953,306▲ $438,188
Investments in Publicly Traded Securities$17,146$62,053,668▲ $62,036,522
Rtn Earn Endowment Incm Other Fnds$41,529,786$43,465,883▲ $1,936,097
Land, Buildings, and Equipment, Net$5,818,804$5,580,110▼ $238,694
Cash and Non-Interest-Bearing Accounts$3,111,442$3,973,841▲ $862,399
Investments Other Securities$1,382,133$1,462,133▲ $80,000
Accounts Receivable$729,031$720,325▼ $8,706
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$347,220,803$397,616,673▲ $50,395,870
Other Assets Total$17,715,304$18,283,879▲ $568,575
Liabilities
Other Liabilities$294,207,641$338,253,832▲ $44,046,191
Mortgage Notes Payable Secured by Investment Property$10,000,000$14,000,000▲ $4,000,000
Accounts Payable and Accrued Expenses$1,483,376$1,896,958▲ $413,582
Total Liabilities$305,691,017$354,150,790▲ $48,459,773
Net Assets / Fund Balance
Total Net Assets Fund Balance$41,529,786$43,465,883▲ $1,936,097
Total Liabilities and Net Assets / Fund Balance$347,220,803$397,616,673▲ $50,395,870

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,231,139$8,426,987$9,658,126
Buildings$3,125,872$6,293,897$9,419,769
Land$1,223,099-$1,223,099
Compensation and Service Providers
Top Officer Pay11th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keith BurtonPresidentFT$208,894$31,066$239,960
Tamara WoffordChief Operating OfficerFT$174,494$17,300$191,794

Board Members and Trustees

NameTitle
Robert LylesChairperson
Jim DevineVice Chairperson
Cecil WilliamsBoard Member
George MitchellBoard Member
Jack ManionBoard Member
Kenneth ShippBoard Member
Nick HuniakBoard Member
Ron JarrettBoard Member
Tom GradyBoard Member
Kim FrantzSecretary
Barry StuartSupervisory Committee
Samuel AkemanSupervisory Committee
Scott SmallieSupervisory Committee
Ken NewtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$17,340,478
Investment Income
$893,816
Other Revenue
$283,277
Change in Net Assets
$2,023,781

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,517,571
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-87,684
Total Revenue per Audited Statements
$18,429,887
Total Revenue per Form 990
$18,517,571
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,613,935
Salaries, Compensation, and Employee Benefits$6,879,855
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,528,419
Office Expenses---$2,997,813
Other Employee Benefits---$1,342,552
Fees for Services Other---$1,074,409
Depreciation Depletion---$852,911
Occupancy---$492,199
Advertising---$427,898
Current Officers, Directors, Trustees, and Key Employees---$383,388
Payroll Taxes---$333,079
Pension Plan Contributions---$292,417
Fees for Services Legal---$45,102
Other Expenses---$41,388
Travel---$39,861
Fees for Services Accounting---$30,400
All Other Expenses---$24,257
Total Functional Expenses$0$0$0$16,493,790

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,493,790
Total Expenses per Audited Statements$16,493,790
Total Expenses per Form 990$16,493,790
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Members Share Deposits$338,227,354
Dividends Payable$26,478
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

“This organization is a credit union. Therefore, in order to open an account, an individual must become a member of the credit union.”

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

“The board of directors is elected by the full membership of the credit union primarily via proxy vote. When a new member signs up with the credit union, they may also sign a proxy card stating that the directors can cast their votes on their behalf. At the annual membership meeting, the proxy votes are cast for the directors who are nominated from the board's ballot committee.”

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

“A copy of the form 990 was provided to the board of directors for review, approval and signature prior to filing with the internal revenue service.”

Form 990, Part VI, Section B, Line 15

“Persons independent of the organization's president and key employees have determined the compensation for these positions based on comparability data and other factors and have been approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“All governing documents, conflicts of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Gcs Credit Union
EIN
37-0646488
Phone
6187977993
Address
3970 MARYVILLE ROAD, GRANITE CITY, IL 62040

Signing Officer

Name
Keith Burton
Title
President
Phone
6187977993
Signed
2021-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Burton
Formed
1941
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
155
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
1 BRONZE POINTE, BELLEVILLE, IL 62226
Preparer
Jeff Parker
Phone
6182331200
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has a committee that assumes responsibility for the selection of an independent auditor and oversight of the audit. This process has not changed from the prior years.”

Financial Statement Notes

PART X, LINE 2:

“Per note 1 of the audited financial statements: the credit union evaluated its tax positions and determined no uncertain tax positions exist as of december 31, 2020 and 2019.”

Raw XML AppendixShowing 400 of 485 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/InvestmentIncomeGrp/TotalRevenueColumnAmt0910793
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01382133
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01462133
IRS990/InvestmentsPubTradedSecGrp/BOYAmt017146
IRS990/InvestmentsPubTradedSecGrp/EOYAmt062053668
IRS990/IRPDocumentCnt05615
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014720884
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05818804
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05580110
IRS990/LandBldgEquipCostOrOtherBssAmt020300994
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt028000
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE COOPERATIVE FINANCIAL SERVICES TO ANYONE WHO LIVES, WORKS OR ATTENDS SCHOOL WITHIN THE FOLLOWING ILLINOIS COUNTIES: SANGAMON, LOGAN, MACON, MARION, JEFFERSON, PERRY, JACKSON, WILLIAMSON, JERSEY, MACOUPIN, MONTGOMERY, MADISON, BOND, CLINTON, ST. CLAIR, MONROE, WASHINGTON AND RANDOLPH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010000000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt014000000
IRS990/NetAssetsOrFundBalancesBOYAmt041529786
IRS990/NetAssetsOrFundBalancesEOYAmt043465883
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-16977
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-16977
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-87684
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0492199
IRS990/OfficeExpensesGrp/TotalAmt02997813
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt017715304
IRS990/OtherAssetsTotalGrp/EOYAmt018283879
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01342552
IRS990/OtherExpensesGrp/Desc0UBIT EXPENSES
IRS990/OtherExpensesGrp/Desc1ALLOWANCE FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2DIVIDENDS ON ACCOUNTS
IRS990/OtherExpensesGrp/Desc3ASSOCIATION DUES
IRS990/OtherExpensesGrp/TotalAmt0773
IRS990/OtherExpensesGrp/TotalAmt11901650
IRS990/OtherExpensesGrp/TotalAmt21685274
IRS990/OtherExpensesGrp/TotalAmt341388
IRS990/OtherLiabilitiesGrp/BOYAmt0294207641
IRS990/OtherLiabilitiesGrp/EOYAmt0338253832
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/Desc0OTHER OPERATING INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0262537
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt120740
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0262537
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt120740
IRS990/OtherRevenueTotalAmt0283277
IRS990/OtherSalariesAndWagesGrp/TotalAmt04528419
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0254931825
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0241589411
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0333079
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0292417
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KEITH BURTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST-MEMBER LOANS
IRS990/ProgramServiceRevenueGrp/Desc1INTERCHANGE FEES
IRS990/ProgramServiceRevenueGrp/Desc2FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013137070
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12155609
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21979577
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013137070
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12155609
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22047799
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt068222
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01264147
IRS990/PYOtherExpensesAmt012175301
IRS990/PYOtherRevenueAmt0240117
IRS990/PYProgramServiceRevenueAmt018610260
IRS990/PYRevenuesLessExpensesAmt0830711
IRS990/PYSalariesCompEmpBnftPaidAmt07108512
IRS990/PYTotalExpensesAmt019283813
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt020114524
IRS990/ReconcilationRevenueExpnssAmt02023781
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt041529786
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt043465883
IRS990/SavingsAndTempCashInvstGrp/BOYAmt063515118
IRS990/SavingsAndTempCashInvstGrp/EOYAmt063953306
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03125872
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06293897
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09419769
IRS990ScheduleD/EquipmentGrp/BookValueAmt01231139
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08426987
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09658126
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt016493790
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01223099
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01223099
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-87684
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026478
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1338227354
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DIVIDENDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBERS SHARE DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt0-87684
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt018517571
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PER NOTE 1 OF THE AUDITED FINANCIAL STATEMENTS: THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2020 AND 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05580110
IRS990ScheduleD/TotalExpensesPerForm990Amt016493790
IRS990ScheduleD/TotalLiabilityAmt0338253832
IRS990ScheduleD/TotalRevenuePerForm990Amt018517571
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt018429887
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt016493790
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0208894
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1174494
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt025921
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt117300
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt05145
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KEITH BURTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1TAMARA WOFFORD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF OPERATING OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0239960
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1191794
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS ORGANIZATION IS A CREDIT UNION. THEREFORE, IN ORDER TO OPEN AN ACCOUNT, AN INDIVIDUAL MUST BECOME A MEMBER OF THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY THE FULL MEMBERSHIP OF THE CREDIT UNION PRIMARILY VIA PROXY VOTE. WHEN A NEW MEMBER SIGNS UP WITH THE CREDIT UNION, THEY MAY ALSO SIGN A PROXY CARD STATING THAT THE DIRECTORS CAN CAST THEIR VOTES ON THEIR BEHALF. AT THE ANNUAL MEMBERSHIP MEETING, THE PROXY VOTES ARE CAST FOR THE DIRECTORS WHO ARE NOMINATED FROM THE BOARD'S BALLOT COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW, APPROVAL AND SIGNATURE PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PERSONS INDEPENDENT OF THE ORGANIZATION'S PRESIDENT AND KEY EMPLOYEES HAVE DETERMINED THE COMPENSATION FOR THESE POSITIONS BASED ON COMPARABILITY DATA AND OTHER FACTORS AND HAVE BEEN APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE SELECTION OF AN INDEPENDENT AUDITOR AND OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEARS.

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$397,616,673
Liabilities
$354,150,790
Net assets
$43,465,883
Revenue
$18,517,571
Expenses
$16,493,790
Net income
$2,023,781
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$461$420$40.3$25.0$24.1$0.89
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$437$403$33.5$20.2$16.8$3.44
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$448$402$46.2$19.6$14.9$4.70
2020Detailed filing. Detailed filing data is available for this year.$398$354$43.5$18.5$16.5$2.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$347$306$41.5$20.1$19.3$0.83
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$345$305$40.5$19.4$18.9$0.56
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$328$289$39.7$18.0$17.2$0.83
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$323$285$38.7$16.8$15.9$0.92
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$313$275$37.4$16.2$15.1$1.13
2014Detailed filing. Detailed filing data is available for this year.$309$273$36.2$16.2$15.5$0.70