Civic Intelligence

Hpc Credit Union

EIN 38-1362849 • 501(c)14 • Alpena, MI

Profile

To serve and promote members' personal financial success and to continue the credit union philosophy of people helping people.

1234 W Chisholm StAlpena, MI 49707

hpccu.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.86x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

19.39x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Net Margin

76th percentile

19%

Higher net margin than 76% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

46th percentile

$228,507

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Asset Growth

13th percentile

-2.6%

Faster asset growth than 13% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

26%

Faster revenue growth than 90% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets21st percentile

Assets

Down

$153,945,735

Down $4,071,156 (-2.6%) from 2023

Liabilities

Down

$132,387,672

Down $5,369,804 (-3.9%) from 2023

Net Assets

Up

$21,558,063

Up $1,298,648 (+6.4%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin76th percentile

Revenue

Up

$6,826,736

Up $1,397,109 (+26%) from 2023

Expenses

Up

$5,528,088

Up $208,966 (+3.9%) from 2023

Net Income

Up

$1,298,648

Up $1,188,143 (+1075%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth13th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2010: $114,108,214Liabilities 2010: $101,616,009Net Assets 2010: $12,492,2052010Assets 2011: $112,860,356Liabilities 2011: $100,305,031Net Assets 2011: $12,555,3252011Assets 2012: $112,576,032Liabilities 2012: $99,385,259Net Assets 2012: $13,190,7732012Assets 2013: $113,266,039Liabilities 2013: $99,262,227Net Assets 2013: $14,003,8122013Assets 2014: $114,652,260Liabilities 2014: $99,909,725Net Assets 2014: $14,742,5352014Assets 2015: $117,539,163Liabilities 2015: $102,214,334Net Assets 2015: $15,324,8292015Assets 2016: $121,629,676Liabilities 2016: $105,739,870Net Assets 2016: $15,889,8062016Assets 2017: $124,073,933Liabilities 2017: $107,514,572Net Assets 2017: $16,559,3612017Assets 2018: $121,792,993Liabilities 2018: $104,228,838Net Assets 2018: $17,564,1552018Assets 2019: $123,370,577Liabilities 2019: $104,792,435Net Assets 2019: $18,578,1422019Assets 2020: $143,285,850Liabilities 2020: $124,046,044Net Assets 2020: $19,239,8062020Assets 2021: $158,654,438Liabilities 2021: $138,607,713Net Assets 2021: $20,046,7252021Assets 2022: $163,735,432Liabilities 2022: $143,586,522Net Assets 2022: $20,148,9102022Assets 2023: $158,016,891Liabilities 2023: $137,757,476Net Assets 2023: $20,259,4152023Assets 2024: $153,945,735Liabilities 2024: $132,387,672Net Assets 2024: $21,558,0632024

Highlighted filing

2024

Assets$153,945,735
Liabilities$132,387,672
Net Assets$21,558,063
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $3,789,2052010Expenses 2011: $3,531,5682011Revenue 2012: $3,429,696Expenses 2012: $2,794,248Net Income 2012: $635,4482012Revenue 2013: $3,169,384Expenses 2013: $2,356,345Net Income 2013: $813,0392013Revenue 2014: $3,074,331Expenses 2014: $2,335,608Net Income 2014: $738,7232014Revenue 2015: $3,044,577Expenses 2015: $2,462,283Net Income 2015: $582,2942015Revenue 2016: $3,094,330Expenses 2016: $2,529,353Net Income 2016: $564,9772016Revenue 2017: $3,310,033Expenses 2017: $2,640,478Net Income 2017: $669,5552017Revenue 2018: $3,879,019Expenses 2018: $2,874,225Net Income 2018: $1,004,7942018Revenue 2019: $4,242,783Expenses 2019: $3,228,796Net Income 2019: $1,013,9872019Revenue 2020: $4,224,932Expenses 2020: $3,563,268Net Income 2020: $661,6642020Revenue 2021: $4,477,208Expenses 2021: $3,670,250Net Income 2021: $806,9582021Revenue 2022: $4,415,579Expenses 2022: $4,313,394Net Income 2022: $102,1852022Revenue 2023: $5,429,627Expenses 2023: $5,319,122Net Income 2023: $110,5052023Revenue 2024: $6,826,736Expenses 2024: $5,528,088Net Income 2024: $1,298,6482024

Highlighted filing

2024

Revenue$6,826,736
Expenses$5,528,088
Net Income$1,298,648
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$153,945,735
Liabilities
$132,387,672
Net assets
$21,558,063
Revenue
$6,826,736
Expenses
$5,528,088
Net income
$1,298,648
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$154$132$21.6$6.83$5.53$1.30
2023Detailed filing. Detailed filing data is available for this year.$158$138$20.3$5.43$5.32$0.11
2022Detailed filing. Detailed filing data is available for this year.$164$144$20.1$4.42$4.31$0.10
2021Detailed filing. Detailed filing data is available for this year.$159$139$20.0$4.48$3.67$0.81
2020Detailed filing. Detailed filing data is available for this year.$143$124$19.2$4.22$3.56$0.66
2019Detailed filing. Detailed filing data is available for this year.$123$105$18.6$4.24$3.23$1.01
2018Detailed filing. Detailed filing data is available for this year.$122$104$17.6$3.88$2.87$1.00
2017Summary only. Only limited summary data is available for this year.$124$108$16.6$3.31$2.64$0.67
2016Detailed filing. Detailed filing data is available for this year.$122$106$15.9$3.09$2.53$0.56
2015Detailed filing. Detailed filing data is available for this year.$118$102$15.3$3.04$2.46$0.58
2014Detailed filing. Detailed filing data is available for this year.$115$99.9$14.7$3.07$2.34$0.74
2013Detailed filing. Detailed filing data is available for this year.$113$99.3$14.0$3.17$2.36$0.81
2012Summary only. Only limited summary data is available for this year.$113$99.4$13.2$3.43$2.79$0.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$113$100$12.6$3.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$102$12.5$3.79
Peer Organizations

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