Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2022 • EIN 38-1362849

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

Organization ProfileWWW.HPCCU.COM
1234 West Chrisholm StreetAlpena, MI 49707

(989) 354-4698

Siviq Scores

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

Liabilities / Assets

24th percentile

0.88x

Higher debt load relative to assets than 24% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

32.52x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Net Margin

5th percentile

2.3%

Higher net margin than 5% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

24th percentile

$162,707

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2022

Asset Growth

60th percentile

3.2%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

11th percentile

-1.4%

Faster revenue growth than 11% of similar nonprofits.

2022 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$163,735,432

Up $5,080,994 (+3.2%) from 2021

Net Assets

Up

$20,148,910

Up $102,185 (+0.5%) from 2021

Liabilities

Up

$143,586,522

Up $4,978,809 (+3.6%) from 2021

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin5th percentile

Revenue

Down

$4,415,579

Down $61,629 (-1.4%) from 2021

Expenses

Up

$4,313,394

Up $643,144 (+18%) from 2021

Net Income

Down

$102,185

Down $704,773 (-87%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$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

2022

Assets$163,735,432
Liabilities$143,586,522
Net Assets$20,148,910
Open 2022 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$4,415,579
Expenses$4,313,394
Net Income$102,185
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$4,415,579
Mission and Program Overview

Mission

To serve and promote member's personal financial success and to continue the Credit Union philosophy of "People Helping People".

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$56,676,989$65,646,135▲ $8,969,146
Savings and Temporary Cash Investments$47,711,612$57,671,934▲ $9,960,322
Investments in Publicly Traded Securities$47,455,000$33,159,000▼ $14,296,000
Rtn Earn Endowment Incm Other Fnds$20,046,725$20,148,910▲ $102,185
Land, Buildings, and Equipment, Net$1,804,542$2,460,866▲ $656,324
Cash and Non-Interest-Bearing Accounts$1,804,203$2,341,995▲ $537,792
Accounts Receivable$1,055,252$0▼ $1,055,252
Investments Other Securities$614,200$468,200▼ $146,000
Prepaid Expenses and Deferred Charges$55,290$0▼ $55,290
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$158,654,438$163,735,432▲ $5,080,994
Other Assets Total$1,477,350$1,987,302▲ $509,952
Liabilities
Other Liabilities$139,325,355$140,691,094▲ $1,365,739
Accounts Payable and Accrued Expenses$-717,642$2,895,428▲ $3,613,070
Total Liabilities$138,607,713$143,586,522▲ $4,978,809
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,046,725$20,148,910▲ $102,185
Total Liabilities and Net Assets / Fund Balance$158,654,438$163,735,432▲ $5,080,994

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,560,157$842,159$2,402,316
Other Land Buildings$446,469$797,068$1,243,537
Leasehold Improvements$145,462$547,751$693,213
Land$308,778-$308,778
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dennis WernerCEOFT$131,844$30,863$162,707
Thomas HendricksBusiness LenderFT$107,657$42,780$150,437
Melissa GuyAssistant ManagerFT$103,303$29,490$132,793

Board Members and Trustees

NameTitle
Jon BensonChairman
Andrew LampDirector
James HubertDirector
Mark LeeDirector
Robert IsleyDirector
William MichleySecretary
James MalaskiTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Cu Answers-6000 28TH STREET SE, Grand Rapids, MI 49546$153,218
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,125,667
Investment Income
$1,289,912
Other Revenue
$0
Change in Net Assets
$102,185
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,405,050
Salaries, Compensation, and Employee Benefits$1,908,344
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,306,041
Office Expenses---$808,284
Interest---$399,595
Other Expenses---$347,826
Occupancy---$249,247
Other Employee Benefits---$218,382
Advertising---$162,767
Current Officers, Directors, Trustees, and Key Employees---$162,707
Payroll Taxes---$118,339
Pension Plan Contributions---$102,875
All Other Expenses---$-75
Total Functional Expenses$0$0$0$4,313,394
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Deposits$140,691,094
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Form 990, Part VI, Line 7A-how Members Elect Governing Body

“Members vote on bylaws and charter changes. Members vote and elect board members at annual meeting.”

Form 990,part VI,line 11B-form 990 Review Process

“Management reviews tax returns and forwards us form 8879-eo to tax preparer. Board of directors reviews filed tax return at next scheduled meeting.”

Form 990,part VI,line 12C-monitoring and Enforcement of Conflicts

“Employee loans are mangement approved. Management loans are board approved. Loans to board members are approved by the board with the lendee obstaining.”

Form 990,part VI,line 15B-comp Review and App Process-officers/key Emp

“Executive and employee salaries are board reviewed and approved. Board of directors are volunteers and not compensated”

Form 990,part VI,line 19-other Org Documents Publicly Available

“Credit union bylaws are avilable upon request at the credit unions main office. Quarterly financial statements are displayed in the lobby which is accesible to the general public. Quarterly financial performance (form 5300 call report) are available at ncua.gov for all fedrally insured credit unions.”

Form 990,part VI,line 6-explanation of Classes of Members

“Section 501c(14) credit union is composed of members”

Form 990,part VI,line 7B-dec of Governing Body Approval by Members

“Mergers are voted on by entire membership”

Filing and Contact Details

Filer

Filer Name
Hpc Credit Union
EIN
38-1362849
Phone
9893544698
Address
1234 WEST CHRISHOLM STREET, ALPENA, MI 49707

Signing Officer

Name
Dennis J Werner
Title
Manager
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis J Werner
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
0
Employees
49

Preparer

Firm
Financial Standards Group Inc
Address
6447 W HIGHWAY 146, CRESTWOOD, KY 40014
Preparer
Thomas Cvinar
Phone
8005225820
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IRS990/NetAssetsOrFundBalancesEOYAmt020148910
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0249247
IRS990/OfficeExpensesGrp/TotalAmt0808284
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01477350
IRS990/OtherAssetsTotalGrp/EOYAmt01987302
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0218382
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/Desc1ALL OTHER EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0437406
IRS990/OtherExpensesGrp/TotalAmt1347826
IRS990/OtherLiabilitiesGrp/BOYAmt0139325355
IRS990/OtherLiabilitiesGrp/EOYAmt0140691094
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt01306041
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt056676989
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt065646135
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0118339
IRS990/PensionPlanContributionsGrp/TotalAmt0102875
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt055290
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0DENNIS J WERNER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INC FROM INSURANCE
IRS990/ProgramServiceRevenueGrp/Desc1INC FROM NON MEMBER ATM
IRS990/ProgramServiceRevenueGrp/Desc2INCOME FROM FEES
IRS990/ProgramServiceRevenueGrp/Desc3INCOME FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc4OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0220572
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12430745
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2438732
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030290
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15328
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2220572
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32430745
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4438732
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt030290
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt15328
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING CHECKING, SAVINGS, CETERFICATES AND OTHER. THE TOTAL NUMBER OF MEMBERS AT 12/31/22 WAS 7,336, TOTAL NUMBER OF ACCOUNTS HELD ARE 16,634THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREDIT CARD, VEHICLE AND OTHER. THE TOTAL NUMBER OF LOANS OUTSTANDING AR 12/31/22 WAS 2,616
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0963971
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01882100
IRS990/PYProgramServiceRevenueAmt03513237
IRS990/PYRevenuesLessExpensesAmt0806958
IRS990/PYSalariesCompEmpBnftPaidAmt01788150
IRS990/PYTotalExpensesAmt03670250
IRS990/PYTotalRevenueAmt04477208
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0102185
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020046725
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt020148910
IRS990/SavingsAndTempCashInvstGrp/BOYAmt047711612
IRS990/SavingsAndTempCashInvstGrp/EOYAmt057671934
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01560157
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0842159
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02402316
IRS990ScheduleD/LandGrp/BookValueAmt0308778
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0308778
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0145462
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0547751
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0693213
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0446469
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0797068
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01243537
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0140691094
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02460866
IRS990ScheduleD/TotalLiabilityAmt0140691094
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0131844
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1107657
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount015000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount120000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt015863
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt122780
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Dennis Werner
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1THOMAS HENDRICKS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1BUSINESS LENDER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0162707
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1150437
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS VOTE ON BYLAWS AND CHARTER CHANGES. MEMBERS VOTE AND ELECT BOARD MEMBERS AT ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MANAGEMENT REVIEWS TAX RETURNS AND FORWARDS US FORM 8879-EO TO TAX PREPARER. BOARD OF DIRECTORS REVIEWS FILED TAX RETURN AT NEXT SCHEDULED MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EMPLOYEE LOANS ARE MANGEMENT APPROVED. MANAGEMENT LOANS ARE BOARD APPROVED. LOANS TO BOARD MEMBERS ARE APPROVED BY THE BOARD WITH THE LENDEE OBSTAINING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXECUTIVE AND EMPLOYEE SALARIES ARE BOARD REVIEWED AND APPROVED. BOARD OF DIRECTORS ARE VOLUNTEERS AND NOT COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CREDIT UNION BYLAWS ARE AVILABLE UPON REQUEST AT THE CREDIT UNIONS MAIN OFFICE. QUARTERLY FINANCIAL STATEMENTS ARE DISPLAYED IN THE LOBBY WHICH IS ACCESIBLE TO THE GENERAL PUBLIC. QUARTERLY FINANCIAL PERFORMANCE (FORM 5300 CALL REPORT) ARE AVAILABLE AT NCUA.GOV FOR ALL FEDRALLY INSURED CREDIT UNIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SECTION 501C(14) CREDIT UNION IS COMPOSED OF MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MERGERS ARE VOTED ON BY ENTIRE MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, LINE 7A-HOW MEMBERS ELECT GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990,PART VI,LINE 11B-FORM 990 REVIEW PROCESS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990,PART VI,LINE 12C-MONITORING AND ENFORCEMENT OF CONFLICTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990,PART VI,LINE 15B-COMP REVIEW AND APP PROCESS-OFFICERS/KEY EMP
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990,PART VI,LINE 19-OTHER ORG DOCUMENTS PUBLICLY AVAILABLE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990,PART VI,LINE 6-EXPLANATION OF CLASSES OF MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990,PART VI,LINE 7B-DEC OF GOVERNING BODY APPROVAL BY MEMBERS
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0158654438
IRS990/TotalAssetsEOYAmt0163735432
IRS990/TotalAssetsGrp/BOYAmt0158654438
IRS990/TotalAssetsGrp/EOYAmt0163735432
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt049
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04313394
IRS990/TotalGrossUBIAmt035618
IRS990/TotalLiabilitiesBOYAmt0138607713
IRS990/TotalLiabilitiesEOYAmt0143586522
IRS990/TotalLiabilitiesGrp/BOYAmt0138607713
IRS990/TotalLiabilitiesGrp/EOYAmt0143586522
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt020046725
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt020148910
IRS990/TotalOtherCompensationAmt068133
IRS990/TotalProgramServiceRevenueAmt03125667
IRS990/TotalReportableCompFromOrgAmt0377804
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04379961
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04415579
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt035618
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0158654438
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0163735432
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.HPCCU.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENNIS J WERNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Manager
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HPC CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0HPCC
ReturnHeader/Filer/EIN0381362849
ReturnHeader/Filer/PhoneNum09893544698
ReturnHeader/Filer/USAddress/AddressLine1Txt01234 WEST CHRISHOLM STREET
ReturnHeader/Filer/USAddress/CityNm0ALPENA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$163,735,432
Liabilities
$143,586,522
Net assets
$20,148,910
Revenue
$4,415,579
Expenses
$4,313,394
Net income
$102,185
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

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)14 • $100M-$250M nonprofits