Civic Intelligence

Revity Credit Union

990 • Fiscal year 2021 • EIN 37-0646488

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 27, 2022

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

44th percentile

0.90x

Higher debt load relative to assets than 44% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

47th percentile

20.50x

Higher debt load relative to revenue than 47% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

13th percentile

$243,940

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2021

Asset Growth

61st percentile

13%

Faster asset growth than 61% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

61st percentile

5.9%

Faster revenue growth than 61% of similar nonprofits.

2021 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets44th percentile

Assets

Up

$448,089,061

Up $50,472,388 (+13%) from 2020

Net Assets

Up

$46,158,839

Up $2,692,956 (+6.2%) from 2020

Liabilities

Up

$401,930,222

Up $47,779,432 (+13%) from 2020

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin80th percentile

Revenue

Up

$19,603,489

Up $1,085,918 (+5.9%) from 2020

Expenses

Down

$14,901,006

Down $1,592,784 (-9.7%) from 2020

Net Income

Up

$4,702,483

Up $2,678,702 (+132%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth61st 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

2021

Assets$448,089,061
Liabilities$401,930,222
Net Assets$46,158,839
Open 2021 Filing

Operations Trend

Revenue Growth61st 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

2021

Revenue$19,603,489
Expenses$14,901,006
Net Income$4,702,483
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 27, 2022
Return Version
2021v4.2
Gross Receipts
$31,783,591
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$241,589,411$231,881,857▼ $9,707,554
Investments in Publicly Traded Securities$62,053,668$132,034,273▲ $69,980,605
Savings and Temporary Cash Investments$63,953,306$53,428,658▼ $10,524,648
Rtn Earn Endowment Incm Other Fnds$43,465,883$46,158,839▲ $2,692,956
Land, Buildings, and Equipment, Net$5,580,110$5,162,832▼ $417,278
Cash and Non-Interest-Bearing Accounts$3,973,841$4,018,629▲ $44,788
Investments Other Securities$1,462,133$1,483,652▲ $21,519
Accounts Receivable$720,325$793,529▲ $73,204
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$397,616,673$448,089,061▲ $50,472,388
Other Assets Total$18,283,879$19,285,631▲ $1,001,752
Liabilities
Other Liabilities$338,253,832$383,983,668▲ $45,729,836
Mortgage Notes Payable Secured by Investment Property$14,000,000$15,000,000▲ $1,000,000
Accounts Payable and Accrued Expenses$1,896,958$2,946,554▲ $1,049,596
Total Liabilities$354,150,790$401,930,222▲ $47,779,432
Net Assets / Fund Balance
Total Net Assets Fund Balance$43,465,883$46,158,839▲ $2,692,956
Total Liabilities and Net Assets / Fund Balance$397,616,673$448,089,061▲ $50,472,388

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$930,372$8,836,580$9,766,952
Buildings$2,981,361$6,556,015$9,537,376
Land$1,251,099-$1,251,099
Compensation and Service Providers
Top Officer Pay13th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keith BurtonPresidentFT$218,260$25,680$243,940
Tamara WoffordChief Financial OfficerFT$179,665$15,757$195,422

Board Members and Trustees

NameTitle
Robert LylesChairperson
Jim DevineVice Chairperson
Barry StuartDirector
Cecil WilliamsDirector
George MitchellDirector
Jack ManionDirector
Kenneth ShippDirector
Nick HuniakDirector
Ron JarrettDirector
Kim FrantzSecretary
Samuel AkemanSupervisory Committee
Scott SmallieSupervisory Committee
Ken NewtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$17,811,904
Investment Income
$1,393,430
Other Revenue
$398,155
Change in Net Assets
$4,702,483

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,603,489
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-2,282,678
Total Revenue per Audited Statements
$17,320,811
Total Revenue per Form 990
$19,603,489
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,816,171
Salaries, Compensation, and Employee Benefits$7,084,835
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,639,995
Office Expenses---$3,381,101
Other Employee Benefits---$1,402,584
Fees for Services Other---$1,123,228
Depreciation Depletion---$707,631
Advertising---$542,218
Occupancy---$530,372
Current Officers, Directors, Trustees, and Key Employees---$397,925
Payroll Taxes---$389,765
Interest---$302,173
Pension Plan Contributions---$254,566
Travel---$56,073
Fees for Services Accounting---$50,400
Fees for Services Legal---$49,105
Other Expenses---$26,900
All Other Expenses---$9,301
Total Functional Expenses$0$0$0$14,901,006

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,901,006
Total Expenses per Audited Statements$14,901,006
Total Expenses per Form 990$14,901,006
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$383,957,844
Dividends Payable$25,824
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
2022-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Burton
Formed
1941
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
13
Employees
160
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
475 REGENCY PARK SUITE 175, OFALLON, IL 62269
Preparer
Jeff Parker
Phone
6182331200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Equity acquired in merger 273,151.”

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, 2021 and 2020.”

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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/InvestmentsOtherSecuritiesGrp/EOYAmt01483652
IRS990/InvestmentsPubTradedSecGrp/BOYAmt062053668
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0132034273
IRS990/IRPDocumentCnt05248
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt05580110
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05162832
IRS990/LandBldgEquipCostOrOtherBssAmt020555427
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt037500
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt012142602
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/BOYAmt014000000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt015000000
IRS990/NetAssetsOrFundBalancesBOYAmt043465883
IRS990/NetAssetsOrFundBalancesEOYAmt046158839
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt050660
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt050660
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2282678
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0530372
IRS990/OfficeExpensesGrp/TotalAmt03381101
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt018283879
IRS990/OtherAssetsTotalGrp/EOYAmt019285631
IRS990/OtherChangesInNetAssetsAmt0273151
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01402584
IRS990/OtherExpensesGrp/Desc0UBIT EXPENSES
IRS990/OtherExpensesGrp/Desc1DIVIDENDS ON ACCOUNTS
IRS990/OtherExpensesGrp/Desc2ASSOCIATION DUES
IRS990/OtherExpensesGrp/Desc3ALLOWANCE FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt0787
IRS990/OtherExpensesGrp/TotalAmt1994812
IRS990/OtherExpensesGrp/TotalAmt242070
IRS990/OtherExpensesGrp/TotalAmt326900
IRS990/OtherLiabilitiesGrp/BOYAmt0338253832
IRS990/OtherLiabilitiesGrp/EOYAmt0383983668
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/Desc0OTHER OPERATING INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0379626
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt118529
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0379626
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt118529
IRS990/OtherRevenueTotalAmt0398155
IRS990/OtherSalariesAndWagesGrp/TotalAmt04639995
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0241589411
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0231881857
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0389765
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0254566
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KEITH BURTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST-MEMBER LOANS
IRS990/ProgramServiceRevenueGrp/Desc1INTERCHANGE FEES
IRS990/ProgramServiceRevenueGrp/Desc2FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc3CORPORATE CREDIT UNION CAPITAL D
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011876835
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12624808
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21980655
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31249997
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011876835
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12624808
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22060264
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31249997
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt079609
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0893816
IRS990/PYOtherExpensesAmt09613935
IRS990/PYOtherRevenueAmt0283277
IRS990/PYProgramServiceRevenueAmt017340478
IRS990/PYRevenuesLessExpensesAmt02023781
IRS990/PYSalariesCompEmpBnftPaidAmt06879855
IRS990/PYTotalExpensesAmt016493790
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt018517571
IRS990/ReconcilationRevenueExpnssAmt04702483
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt043465883
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt046158839
IRS990/SavingsAndTempCashInvstGrp/BOYAmt063953306
IRS990/SavingsAndTempCashInvstGrp/EOYAmt053428658
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02981361
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06556015
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09537376
IRS990ScheduleD/EquipmentGrp/BookValueAmt0930372
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08836580
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09766952
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt014901006
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01251099
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01251099
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-2282678
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025824
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1383957844
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DIVIDENDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBERS SHARE DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt0-2282678
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt019603489
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, 2021 AND 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05162832
IRS990ScheduleD/TotalExpensesPerForm990Amt014901006
IRS990ScheduleD/TotalLiabilityAmt0383983668
IRS990ScheduleD/TotalRevenuePerForm990Amt019603489
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt017320811
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014901006
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0218260
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1179665
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/DeferredCompensationFlngOrgAmt020268
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt114936
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt05412
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt1821
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 FINANCIAL OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0243940
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1195422
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.

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$448,089,061
Liabilities
$401,930,222
Net assets
$46,158,839
Revenue
$19,603,489
Expenses
$14,901,006
Net income
$4,702,483
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
2021Detailed filing. Detailed filing data is available for this year.$448$402$46.2$19.6$14.9$4.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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