Civic Intelligence

People Driven Credit Union

990 • Fiscal year 2014 • EIN 38-0478780

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

Organization ProfileWWW.PEOPLEDRIVENCU.ORG

View Organization Page

24333 Lahser RoadSouthfield, MI 48033

(248) 263-4100

Siviq Scores

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

Liabilities / Assets

77th percentile

0.91x

Higher debt load relative to assets than 77% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

56th percentile

18.77x

Higher debt load relative to revenue than 56% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Net Margin

15th percentile

3.6%

Higher net margin than 15% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

33rd percentile

$163,112

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Asset Growth

98th percentile

35%

Faster asset growth than 98% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

95th percentile

17%

Faster revenue growth than 95% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$247,887,214

Up $63,979,221 (+35%) from 2013

Net Assets

Up

$21,874,183

Up $8,089,916 (+59%) from 2013

Liabilities

Up

$226,013,031

Up $55,889,305 (+33%) from 2013

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin15th percentile

Revenue

Up

$12,039,454

Up $1,782,900 (+17%) from 2013

Expenses

Up

$11,606,137

Up $1,949,432 (+20%) from 2013

Net Income

Down

$433,317

Down $166,532 (-28%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$600M$400M$200M$0Assets 2010: $173,002,156Liabilities 2010: $157,960,115Net Assets 2010: $15,042,0412010Assets 2011: $176,949,190Liabilities 2011: $162,670,729Net Assets 2011: $14,278,4612011Assets 2012: $180,721,331Liabilities 2012: $166,813,126Net Assets 2012: $13,908,2052012Assets 2013: $183,907,993Liabilities 2013: $170,123,726Net Assets 2013: $13,784,2672013Assets 2014: $247,887,214Liabilities 2014: $226,013,031Net Assets 2014: $21,874,1832014Assets 2015: $250,327,862Liabilities 2015: $228,431,098Net Assets 2015: $21,896,7642015Assets 2016: $249,447,385Liabilities 2016: $227,388,031Net Assets 2016: $22,059,3542016Assets 2017: $256,053,437Liabilities 2017: $233,476,868Net Assets 2017: $22,576,5692017Assets 2018: $260,418,881Liabilities 2018: $236,096,541Net Assets 2018: $24,322,3402018Assets 2019: $272,103,137Liabilities 2019: $245,166,283Net Assets 2019: $26,936,8542019Assets 2020: $321,328,525Liabilities 2020: $292,485,341Net Assets 2020: $28,843,1842020Assets 2021: $342,686,404Liabilities 2021: $313,542,124Net Assets 2021: $29,144,2802021Assets 2022: $350,695,772Liabilities 2022: $330,722,050Net Assets 2022: $19,973,7222022Assets 2023: $456,890,223Liabilities 2023: $427,304,480Net Assets 2023: $29,585,7432023Assets 2024: $470,762,151Liabilities 2024: $437,019,037Net Assets 2024: $33,743,1142024

Highlighted filing

2014

Assets$247,887,214
Liabilities$226,013,031
Net Assets$21,874,183
Open 2014 Filing

Operations Trend

Revenue Growth95th percentile

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

$40M$30M$20M$10M$0Expenses 2010: $14,274,4182010Expenses 2011: $12,044,3812011Expenses 2012: $10,679,3342012Revenue 2013: $10,256,554Expenses 2013: $9,656,705Net Income 2013: $599,8492013Revenue 2014: $12,039,454Expenses 2014: $11,606,137Net Income 2014: $433,3172014Revenue 2015: $12,405,759Expenses 2015: $11,929,491Net Income 2015: $476,2682015Revenue 2016: $12,892,710Expenses 2016: $12,350,477Net Income 2016: $542,2332016Revenue 2017: $12,934,497Expenses 2017: $12,031,653Net Income 2017: $902,8442017Revenue 2018: $13,586,986Expenses 2018: $12,094,124Net Income 2018: $1,492,8622018Revenue 2019: $14,465,914Expenses 2019: $12,662,756Net Income 2019: $1,803,1582019Revenue 2020: $13,184,651Expenses 2020: $11,806,652Net Income 2020: $1,377,9992020Revenue 2021: $13,451,115Expenses 2021: $11,585,503Net Income 2021: $1,865,6122021Revenue 2022: $15,327,663Expenses 2022: $11,722,935Net Income 2022: $3,604,7282022Revenue 2023: $29,393,305Expenses 2023: $23,093,842Net Income 2023: $6,299,4632023Revenue 2024: $30,146,660Expenses 2024: $26,574,821Net Income 2024: $3,571,8392024

Highlighted filing

2014

Revenue$12,039,454
Expenses$11,606,137
Net Income$433,317
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$12,259,560
Mission and Program Overview

Mission

The mission of people driven credit union is to promote the financial well-being of the membership by fostering thrift and encouraging the prudent use of credit. This is accomplished by providing convenient, competitively priced, quality financial services in a work environment that provides a challenging and rewarding career for employees and encourages volunteer member participation.

Make loans and offer savings products to members. Offer convenient money management services, including online and mobile banking and bill payment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$90,421,379$117,124,610▲ $26,703,231
Investments Other Securities$51,371,570$66,668,956▲ $15,297,386
Savings and Temporary Cash Investments$20,965,000$33,402,000▲ $12,437,000
Rtn Earn Endowment Incm Other Fnds$13,784,267$21,874,183▲ $8,089,916
Accounts Receivable$7,115,916--
Land, Buildings, and Equipment, Net$5,139,800$6,633,684▲ $1,493,884
Cash and Non-Interest-Bearing Accounts$4,783,854$5,907,369▲ $1,123,515
Prepaid Expenses and Deferred Charges$388,617$580,751▲ $192,134
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$183,907,993$247,887,214▲ $63,979,221
Other Assets Total$3,721,857$17,569,844▲ $13,847,987
Liabilities
Other Liabilities$166,203,028$223,249,511▲ $57,046,483
Accounts Payable and Accrued Expenses$3,920,698$2,763,520▼ $1,157,178
Total Liabilities$170,123,726$226,013,031▲ $55,889,305
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,784,267$21,874,183▲ $8,089,916
Total Liabilities and Net Assets / Fund Balance$183,907,993$247,887,214▲ $63,979,221

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$719,634$5,114,653$5,834,287
Buildings$4,311,770$1,178,712$5,490,482
Other Land Buildings$724,256$1,704,600$2,428,856
Leasehold Improvements$460,530$1,090,803$1,551,333
Land$417,494-$417,494
Other Assets Org$-148,718--
Other Securities$58,075,835--
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert Podzikowski Left 72714President/CEOFT$101,157$61,955$163,112
Guiseppe Adragna Left 10-2014VP of LendingFT$106,809$25,527$132,336
Loretta CampbellCOOFT$114,473$17,129$131,602
Thomas Budd Left 102814VP of FinanceFT$97,888$27,311$125,199
William Van HorneCIOFT$88,296$26,402$114,698
Renee RemarcoPresident/CEOFT$94,456$14,066$108,522
S Maxwell SmithCLOFT$45,291$4,997$50,288
Margaret LambCFOFT$16,868-$16,868

Board Members and Trustees

NameTitle
Claudia YoungChairman
Dennis W ParadowskiVice Chairman
Anita P DouglasDirector
Faye L Perkins-barnesDirector
Margaret O Patterson-baileyDirector
Michelle RhodesDirector
Miller AdamsDirector
Peter a CaplanDirector
Ronnie WilliamsDirector
Sharon ZumbrunnenDirector
Sue WilsonDirector
Wu XiangDirector
Carol DominoSecretary
Mark UrbaniakTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Holzman Corkery PllcLegal & Collections28366 FRANKLIN ROAD, Southfield, MI 48034$204,576
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,645,016
Investment Income
$644,473
Other Revenue
$1,749,965
Change in Net Assets
$433,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,457,681
Salaries, Compensation, and Employee Benefits$5,148,456
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,109,441
Current Officers, Directors, Trustees, and Key Employees---$842,625
Other Employee Benefits---$647,155
Occupancy---$646,938
All Other Expenses---$395,768
Other Expenses---$358,450
Payroll Taxes---$342,022
Pension Plan Contributions---$207,213
Fees for Services Other---$116,364
Advertising---$108,342
Fees for Services Accounting---$43,314
Fees for Services Legal---$24,225
Interest---$182
Total Functional Expenses$0$0$0$11,606,137
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 Accounts$223,249,511
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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

“Every client that has an account with our credit union is also a member.”

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

“Members elect members of the governing body each year at the annual meeting.”

Form 990, Part VI, Section B, Line 11

“Form 990 will not be provided to the organization's governing body before it is filed.”

Form 990, Part VI, Section B, Line 12C

“Officials are required to sign annual certification of compliance with policy.”

Form 990, Part VI, Section B, Line 15

“Board reviews two independent salary surveys, sets the ceo salary. Ceo reviews the surveys and establishes compensation of other employees.”

Form 990, Part VI, Section C, Line 19

“Our financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
People Driven Credit Union
EIN
38-0478780
Phone
2482634100
Address
24333 LAHSER ROAD, SOUTHFIELD, MI 48033

Signing Officer

Name
Margaret Lamb
Title
CFO
Phone
2482634102
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Renee Demarco
Formed
1928
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
14
Employees
101
Volunteers
14

Preparer

Firm
Doeren Mayhew
Address
305 WEST BIG BEAVER ROAD, TROY, MI 48084
Preparer
Catherine Bruder CPA
Phone
2482443000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in other comprehensive income - fas158 -171,556. Equity acquired in business combination 7,500,000.”

FORM 990, PART XII, LINE 2B:

“Audited financial statements are done on a fiscal year end and tax reporting is required on a calendar year end.”

Raw XML AppendixShowing 400 of 540 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03920698
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02763520
IRS990/AccountsReceivableGrp/BOYAmt07115916
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MAKE LOANS AND OFFER SAVINGS PRODUCTS TO MEMBERS. OFFER CONVENIENT MONEY MANAGEMENT SERVICES, INCLUDING ONLINE AND MOBILE BANKING AND BILL PAYMENT.
IRS990/AdvertisingGrp/TotalAmt0108342
IRS990/AllOtherExpensesGrp/TotalAmt0395768
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARGARET M LAMB
IRS990/BooksInCareOfDetail/PhoneNum02482634100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt024333 LAHSER ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SOUTHFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048033
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt04783854
IRS990/CashNonInterestBearingGrp/EOYAmt05907369
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0842625
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0204576
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt028366 FRANKLIN ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0SOUTHFIELD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd048034
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0HOLZMAN CORKERY PLLC
IRS990/ContractorCompensationGrp/ServicesDesc0LEGAL & COLLECTIONS
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0644473
IRS990/CYOtherExpensesAmt06457681
IRS990/CYOtherRevenueAmt01749965
IRS990/CYProgramServiceRevenueAmt09645016
IRS990/CYRevenuesLessExpensesAmt0433317
IRS990/CYSalariesCompEmpBnftPaidAmt05148456
IRS990/CYTotalExpensesAmt011606137
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012039454
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDE 29,033 MEMBERS WITH REGULAR SAVINGS, SHARE DRAFTS, CERTIFICATES OF DEPOSITS AND IRA ACCOUNTS TOTALING 59,726 ACCOUNTS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0101
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt043314
IRS990/FeesForServicesLegalGrp/TotalAmt024225
IRS990/FeesForServicesOtherGrp/TotalAmt0116364
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd11X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1417129
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1525527
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1627311
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1726402
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1830726
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt194997
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2114066
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHELLE RHODES
IRS990/Form990PartVIISectionAGrp/PersonNm1MILLER ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm2MARGARET O PATTERSON-BAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm3FAYE L PERKINS-BARNES
IRS990/Form990PartVIISectionAGrp/PersonNm4DENNIS W PARADOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm5CAROL DOMINO
IRS990/Form990PartVIISectionAGrp/PersonNm6PETER A CAPLAN
IRS990/Form990PartVIISectionAGrp/PersonNm7ANITA P DOUGLAS
IRS990/Form990PartVIISectionAGrp/PersonNm8SHARON ZUMBRUNNEN
IRS990/Form990PartVIISectionAGrp/PersonNm9MARK URBANIAK
IRS990/Form990PartVIISectionAGrp/PersonNm10RONNIE WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm11SUE WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm12WU XIANG
IRS990/Form990PartVIISectionAGrp/PersonNm13CLAUDIA YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm14LORETTA CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm15GUISEPPE ADRAGNA LEFT 10-2014
IRS990/Form990PartVIISectionAGrp/PersonNm16THOMAS BUDD LEFT 102814
IRS990/Form990PartVIISectionAGrp/PersonNm17WILLIAM VAN HORNE
IRS990/Form990PartVIISectionAGrp/PersonNm18ROBERT PODZIKOWSKI LEFT 72714
IRS990/Form990PartVIISectionAGrp/PersonNm19S MAXWELL SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm20MARGARET LAMB
IRS990/Form990PartVIISectionAGrp/PersonNm21RENEE REMARCO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14114473
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15106809
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1697888
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1788296
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18132386
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1945291
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2016868
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2194456
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt14COO
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP OF LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt17CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt19CLO
IRS990/Form990PartVIISectionAGrp/TitleTxt20CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt21PRESIDENT/CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01928
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-220106
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt012259560
IRS990/GroupExemptionNum01359
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt0182
IRS990/InvestmentIncomeGrp/ExclusionAmt0864579
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0864579
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt051371570
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt066668956
IRS990/IRPDocumentCnt03209
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09088768
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05139800
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06633684
IRS990/LandBldgEquipCostOrOtherBssAmt015722452
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0220106
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF PEOPLE DRIVEN CREDIT UNION IS TO PROMOTE THE FINANCIAL WELL-BEING OF THE MEMBERSHIP BY FOSTERING THRIFT AND ENCOURAGING THE PRUDENT USE OF CREDIT BY PROVIDING CONVENIENT, COMPETITIVELY PRICED, QUALITY FINANCIAL SERVICES IN A WORK ENVIRONMENT THAT PROVIDES A CHALLENGING AND REWARDING CAREER FOR EMPLOYEES AND ENCOURAGES VOLUNTEER MEMBER PARTICIPATION. OUR GOAL IS TO BECOME THE PRIMARY INVESTMENT/LENDING/SAVINGS INSTITUTION FOR ALL OF OUR MEMBERS WHILE MAINTAINING A SAFE AND FINANCIALLY STRONG CREDIT UNION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt013784267
IRS990/NetAssetsOrFundBalancesEOYAmt021874183
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-220106
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-220106
IRS990/NetUnrelatedBusTxblIncmAmt0-99605
IRS990/NetUnrlzdGainsLossesInvstAmt0347270
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0646938
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03721857
IRS990/OtherAssetsTotalGrp/EOYAmt017569844
IRS990/OtherChangesInNetAssetsAmt07328444
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0647155
IRS990/OtherExpensesGrp/Desc0OFFICE OPERATIONS
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2MEMBER SERVICES
IRS990/OtherExpensesGrp/Desc3LOAN SERVICING EXPENSES
IRS990/OtherExpensesGrp/TotalAmt02421112
IRS990/OtherExpensesGrp/TotalAmt11449879
IRS990/OtherExpensesGrp/TotalAmt2893107
IRS990/OtherExpensesGrp/TotalAmt3358450
IRS990/OtherLiabilitiesGrp/BOYAmt0166203028
IRS990/OtherLiabilitiesGrp/EOYAmt0223249511
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1525990
IRS990/OtherRevenueMiscGrp/BusinessCd2525990
IRS990/OtherRevenueMiscGrp/Desc0BARGAIN PURCHASE GAIN
IRS990/OtherRevenueMiscGrp/Desc1FINANCIAL SERVICES
IRS990/OtherRevenueMiscGrp/Desc2NON-MEMBER ATM FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01460696
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01460696
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1169423
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2119846
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0169423
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1119846
IRS990/OtherRevenueTotalAmt01749965
IRS990/OtherSalariesAndWagesGrp/TotalAmt03109441
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt090421379
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0117124610
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0342022
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0207213
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0388617
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0580751
IRS990/PrincipalOfficerNm0RENEE DEMARCO
IRS990/PriorPeriodAdjustmentsAmt0-19115
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06258694
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13386322
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06258694
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13386322
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE 6,136 LOANS INCLUDING VEHICLE, OVERDRAFT PROTECTION, MORTGAGE, HOME EQUITY, SIGNATURE, CREDIT CARD, INDIRECT, PARTICIPATION, BUSINESS AND RECREATIONAL VEHICLE LOANS.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE AUTOMATED TELLER MACHINES, DEBIT CARDS, MONEY ORDERS, BILL PAYMENT, TRAVELERS CHECKS, FINANCIAL COUNSELING AND EDUCATION, OVERDRAFT/COURTESY PAY AND VARIOUS INSURANCE PROGRAMS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0676365
IRS990/PYOtherExpensesAmt05306227
IRS990/PYOtherRevenueAmt0310437
IRS990/PYProgramServiceRevenueAmt09269752
IRS990/PYRevenuesLessExpensesAmt0599849
IRS990/PYSalariesCompEmpBnftPaidAmt04350478
IRS990/PYTotalExpensesAmt09656705
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010256554
IRS990/ReconcilationRevenueExpnssAmt0433317
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt013784267
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt021874183
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020965000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt033402000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04311770
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01178712
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05490482
IRS990ScheduleD/EquipmentGrp/BookValueAmt0719634
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05114653
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05834287
IRS990ScheduleD/LandGrp/BookValueAmt0417494
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0417494
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0460530
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01090803
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01551333
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01112522
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1484607
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2186150
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt32561750
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt42551263
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5893315
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt69928955
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt7-148718
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OREO
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3POST RETIREMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4BOLI
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5CORE DEPOSITS INTANGIBLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6ACH CENCORP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7UNREALIZED G/L ON INVESTMENTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0724256
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01704600
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02428856

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$247,887,214
Liabilities
$226,013,031
Net assets
$21,874,183
Revenue
$12,039,454
Expenses
$11,606,137
Net income
$433,317
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$471$437$33.7$30.1$26.6$3.57
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$457$427$29.6$29.4$23.1$6.30
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$351$331$20.0$15.3$11.7$3.60
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$343$314$29.1$13.5$11.6$1.87
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$321$292$28.8$13.2$11.8$1.38
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$272$245$26.9$14.5$12.7$1.80
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$260$236$24.3$13.6$12.1$1.49
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$256$233$22.6$12.9$12.0$0.90
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$249$227$22.1$12.9$12.4$0.54
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$250$228$21.9$12.4$11.9$0.48
2014Detailed filing. Detailed filing data is available for this year.$248$226$21.9$12.0$11.6$0.43
2013Summary only. Only limited summary data is available for this year.$184$170$13.8$10.3$9.66$0.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$181$167$13.9$10.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$177$163$14.3$12.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$173$158$15.0$14.3