Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2016 • EIN 38-1439781

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization Profilewww.pscunow.com

View Organization Page

7665 Merriman RoadRomulus, MI 48174

(734) 641-8400

Siviq Scores

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

Liabilities / Assets

55th percentile

0.90x

Higher debt load relative to assets than 55% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

20th percentile

14.22x

Higher debt load relative to revenue than 20% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Net Margin

78th percentile

16%

Higher net margin than 78% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$363,551

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2016

Asset Growth

99th percentile

53%

Faster asset growth than 99% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

97th percentile

24%

Faster revenue growth than 97% of similar nonprofits.

2016 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$239,040,778

Up $82,567,672 (+53%) from 2015

Net Assets

Up

$24,497,417

Up $4,149,077 (+20%) from 2015

Liabilities

Up

$214,543,361

Up $78,418,595 (+58%) from 2015

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin78th percentile

Revenue

Up

$15,092,120

Up $2,945,646 (+24%) from 2015

Expenses

Up

$12,637,910

Up $1,561,331 (+14%) from 2015

Net Income

Up

$2,454,210

Up $1,384,315 (+129%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$600M$400M$200M$0Assets 2010: $124,535,167Liabilities 2010: $108,882,895Net Assets 2010: $15,652,2722010Assets 2011: $132,363,721Liabilities 2011: $115,925,424Net Assets 2011: $16,438,2972011Assets 2012: $134,305,935Liabilities 2012: $117,054,434Net Assets 2012: $17,251,5012012Assets 2013: $138,647,899Liabilities 2013: $121,880,128Net Assets 2013: $16,767,7712013Assets 2014: $148,456,345Liabilities 2014: $128,230,058Net Assets 2014: $20,226,2872014Assets 2015: $156,473,106Liabilities 2015: $136,124,766Net Assets 2015: $20,348,3402015Assets 2016: $239,040,778Liabilities 2016: $214,543,361Net Assets 2016: $24,497,4172016Assets 2017: $269,159,657Liabilities 2017: $241,290,914Net Assets 2017: $27,868,7432017Assets 2018: $285,973,059Liabilities 2018: $254,616,747Net Assets 2018: $31,356,3122018Assets 2019: $293,173,964Liabilities 2019: $260,315,511Net Assets 2019: $32,858,4532019Assets 2020: $337,086,473Liabilities 2020: $303,735,904Net Assets 2020: $33,350,5692020Assets 2021: $367,474,498Liabilities 2021: $329,756,015Net Assets 2021: $37,718,4832021Assets 2022: $391,529,125Liabilities 2022: $363,581,738Net Assets 2022: $27,947,3872022Assets 2023: $415,528,255Liabilities 2023: $381,389,344Net Assets 2023: $34,138,9112023Assets 2024: $419,478,532Liabilities 2024: $380,154,720Net Assets 2024: $39,323,8122024

Highlighted filing

2016

Assets$239,040,778
Liabilities$214,543,361
Net Assets$24,497,417
Open 2016 Filing

Operations Trend

Revenue Growth97th percentile

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

$40M$30M$20M$10M$0Expenses 2010: $9,605,7422010Expenses 2011: $9,797,3472011Expenses 2012: $10,265,5772012Revenue 2013: $11,562,064Expenses 2013: $9,784,419Net Income 2013: $1,777,6452013Revenue 2014: $11,588,205Expenses 2014: $9,778,836Net Income 2014: $1,809,3692014Revenue 2015: $12,146,474Expenses 2015: $11,076,579Net Income 2015: $1,069,8952015Revenue 2016: $15,092,120Expenses 2016: $12,637,910Net Income 2016: $2,454,2102016Revenue 2017: $16,788,669Expenses 2017: $13,572,812Net Income 2017: $3,215,8572017Revenue 2018: $18,969,550Expenses 2018: $16,945,864Net Income 2018: $2,023,6862018Revenue 2019: $22,992,823Expenses 2019: $20,961,439Net Income 2019: $2,031,3842019Revenue 2020: $19,412,411Expenses 2020: $18,613,765Net Income 2020: $798,6462020Revenue 2021: $22,316,776Expenses 2021: $18,634,519Net Income 2021: $3,682,2572021Revenue 2022: $20,530,252Expenses 2022: $19,446,149Net Income 2022: $1,084,1032022Revenue 2023: $30,634,389Expenses 2023: $26,874,380Net Income 2023: $3,760,0092023Revenue 2024: $31,835,970Expenses 2024: $29,530,611Net Income 2024: $2,305,3592024

Highlighted filing

2016

Revenue$15,092,120
Expenses$12,637,910
Net Income$2,454,210
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$18,060,242
Mission and Program Overview

Mission

To help our members reach their financial goals. We are committed to providing exceptional services from knowledgeable employees. As a member of the PSCU family, everyone will be treated with dignity and respect.

To provide financial services to member owners with a common bond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$100,174,234$147,543,171▲ $47,368,937
Investments Other Securities$36,073,244$54,984,744▲ $18,911,500
Rtn Earn Endowment Incm Other Fnds$20,348,340$24,497,417▲ $4,149,077
Investments Program Related$5,178,282$13,894,628▲ $8,716,346
Land, Buildings, and Equipment, Net$5,797,798$7,142,560▲ $1,344,762
Savings and Temporary Cash Investments$2,115,565$5,737,395▲ $3,621,830
Cash and Non-Interest-Bearing Accounts$2,465,077$3,815,583▲ $1,350,506
Prepaid Expenses and Deferred Charges$681,590$566,507▼ $115,083
Accounts Receivable$283,477$224,949▼ $58,528
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$156,473,106$239,040,778▲ $82,567,672
Other Assets Total$3,703,839$5,131,241▲ $1,427,402
Liabilities
Other Liabilities$130,238,314$210,163,112▲ $79,924,798
Unsecured Notes Loans Payable$4,000,000$4,000,000→ $0
Accounts Payable and Accrued Expenses$1,886,452$380,249▼ $1,506,203
Total Liabilities$136,124,766$214,543,361▲ $78,418,595
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,348,340$24,497,417▲ $4,149,077
Total Liabilities and Net Assets / Fund Balance$156,473,106$239,040,778▲ $82,567,672

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,980,909$1,120,619$6,101,528
Equipment$384,799$2,192,220$2,577,019
Land$1,743,230-$1,743,230
Leasehold Improvements$3,553$732,655$736,208
Other Land Buildings$30,069$0$30,069
Investment Program Related Org$185--
Other Securities$232,133--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dean J TrudeauPresident/CEO/TreasurerFT$243,650$119,901$363,551
Susan WyputaSVP of Finance/CFOFT$147,871$80,082$227,953
Robert MercierVP of Growth & DevelopmentFT$118,006$37,917$155,923
Linda WallaceVP of OperationsFT$119,739$5,625$125,364

Board Members and Trustees

NameTitle
Frederick MorganChairperson
Carol PalazzoloVice Chairperson
Charlie LowlerDirector
Dale ReaumeDirector
Jeff KingDirector
Nora SharpleyDirector
Edward CareySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$14,081,998
Investment Income
$1,006,055
Other Revenue
$4,067
Change in Net Assets
$2,454,210

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,101,253
Revenue Not Reported on Financial Statements
$-9,133
Revenue Not Reported on Form 990
$-3,000
Other Revenue Adjustments
$-9,133
Total Revenue per Audited Statements
$15,098,253
Total Revenue per Form 990
$15,092,120
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,719,029
Salaries, Compensation, and Employee Benefits$5,908,881
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,440,656
Office Expenses---$2,402,673
Current Officers, Directors, Trustees, and Key Employees---$872,791
Interest---$715,437
Other Employee Benefits---$660,499
Information Technology---$609,396
Pension Plan Contributions---$596,443
Occupancy---$479,735
Conferences and Meetings---$339,221
Payroll Taxes---$338,492
Depreciation Depletion---$325,524
Advertising---$254,064
Insurance---$77,333
Fees for Services Management---$64,664
Other Expenses---$61,818
Travel---$34,225
Fees for Services Accounting---$31,759
Fees for Services Legal---$31,019
Grants to Domestic Individuals---$10,000
All Other Expenses---$3,000
Total Functional Expenses$0$0$0$12,637,910

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,644,043
Total Expenses per Form 990$12,637,910
Expenses per Audited Statements$12,634,910
Expenses Not Reported on Form 990$9,133
Expenses Not Reported on Financial Statements$3,000
Other Expense Adjustments$3,000
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ashley Carr HR ManagerFamily relationship with President/CEO, Dean TrudeauCompensationNo$80,257
Donna Gdowski Marketing-Events CoorFamily relationship with President/CEO, Dean TrudeauCompensationNo$57,476
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$210,163,112
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The Credit Union has a single class of members with equal rights of ownership, governance and voting.”

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

“The Board of Directors is elected by a mail ballot. Each Board member is elected for a three year term.”

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

“Credit Union decisions that are subject to membership approval are mergers where the credit union is not the surviving one and By-law changes.”

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

“A review is conducted by the President/CEO and SVP of Finance/CFO prior to submission to the IRS. The returns are made available to the Board of Directors for review.”

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

“Follow up is performed by the Risk Management Department.”

Form 990, Part VI, Section B, Line 15

“The Board of Directors form a committee to evaluate the President/CEO. Salary increases are based on performance. The President/CEO performs an annual review of the SVP of Finance/CFO and uses a compensation survey. Salary recommendations are given to the Board of Directors for approval. The last review was completed in March 2016.”

Form 990, Part VI, Section C, Line 19

“Financial Statements are posted in the Credit Union lobby. Other documents and policies are available for review upon request.”

Filing and Contact Details

Filer

Filer Name
Credit Unions Chartered in the State of Michigan
EIN
38-1439781
Phone
7346418400
Address
7665 Merriman Road, Romulus, MI 48174

Signing Officer

Name
Dean J Trudeau
Title
President/CEO
Phone
7346418400
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dean J Trudeau
Formed
1951
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
7
Employees
99
Volunteers
9

Preparer

Firm
Cindrich Mahalak & Co
Address
31215 Jefferson Ave, St Clair Shores, MI 48082
Preparer
Denise Luckenbacher
Phone
5862961155
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in Other Comprehensive Income -2,410,583; Acquired in Merger 4,020,317”

Financial Statement Notes

Schedule D, Part XI, Line 2D

“OREO Writedowns included in Income on Financial Statements, Expense on 990 -3,000”

Schedule D, Part XI, Line 4B

“Rental Expenses included in Revenue on 990, Expense on Financial Statements -9,133”

Schedule D, Part XII, Line 2D

“Rental Expenses included in Revenue on 990, Expense on Financial Statements 9,133”

Schedule D, Part XII, Line 4B

“OREO Writedowns included in Income on Financial Statements, Expense on 990 3,000”

Raw XML AppendixShowing 400 of 589 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
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IRS990/Form990PartVIISectionAGrp/PersonNm0Frederick Morgan
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IRS990/Form990PartVIISectionAGrp/PersonNm2Edward Carey
IRS990/Form990PartVIISectionAGrp/PersonNm3Nora Sharpley
IRS990/Form990PartVIISectionAGrp/PersonNm4Jeff King
IRS990/Form990PartVIISectionAGrp/PersonNm5Charlie Lowler
IRS990/Form990PartVIISectionAGrp/PersonNm6Dale Reaume
IRS990/Form990PartVIISectionAGrp/PersonNm7Dean J Trudeau
IRS990/Form990PartVIISectionAGrp/PersonNm8Susan Wyputa
IRS990/Form990PartVIISectionAGrp/PersonNm9Linda Wallace
IRS990/Form990PartVIISectionAGrp/PersonNm10Robert Mercier
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7President/CEO/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8SVP of Finance/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP of Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP of Growth & Development
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IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01074986
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01074986
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt036073244
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt054984744
IRS990/InvestmentsProgramRelatedGrp/BOYAmt05178282
IRS990/InvestmentsProgramRelatedGrp/EOYAmt013894628
IRS990/IRPDocumentCnt03944
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04045494
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05797798
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07142560
IRS990/LandBldgEquipCostOrOtherBssAmt011188054
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0217246
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02741743
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt09133
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To help our members reach their financial goals. We are committed to providing exceptional services from knowledgeable employees. As a member of the PSCU family, everyone will be treated with dignity and respect.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt020348340
IRS990/NetAssetsOrFundBalancesEOYAmt024497417
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-68931
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-68931
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt04067
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04067
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-208893
IRS990/NetUnrlzdGainsLossesInvstAmt085133
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0479735
IRS990/OfficeExpensesGrp/TotalAmt02402673
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03703839
IRS990/OtherAssetsTotalGrp/EOYAmt05131241
IRS990/OtherChangesInNetAssetsAmt01609734
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0660499
IRS990/OtherExpensesGrp/Desc0Loan Servicing
IRS990/OtherExpensesGrp/Desc1Provision for Loan Loss
IRS990/OtherExpensesGrp/Desc2Miscellaneous Expenses
IRS990/OtherExpensesGrp/Desc3Exam Fees & Association Dues
IRS990/OtherExpensesGrp/TotalAmt0662913
IRS990/OtherExpensesGrp/TotalAmt1353200
IRS990/OtherExpensesGrp/TotalAmt2273048
IRS990/OtherExpensesGrp/TotalAmt361818
IRS990/OtherLiabilitiesGrp/BOYAmt0130238314
IRS990/OtherLiabilitiesGrp/EOYAmt0210163112
IRS990/OtherOrganizationDsc0Credit Union
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt03440656
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0100174234
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0147543171
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0338492
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0596443
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0681590
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0566507
IRS990/PrincipalOfficerNm0Dean J Trudeau
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1524298
IRS990/ProgramServiceRevenueGrp/Desc0Loan Interest Income
IRS990/ProgramServiceRevenueGrp/Desc1Fee/Other Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06523433
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17350879
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06523433
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17558565
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt1207686
IRS990/ProgSrvcAccomActy2Grp/Desc0Provide 15,938 loans including Vehicle, Mortgage, Home Equity, Commercial and Personal loans.
IRS990/ProgSrvcAccomActy3Grp/Desc0Offer Automated Teller Machines, Courtesy Pay, Wire Transfers, Gift Cards, Money Orders and various insurance programs.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt010000
IRS990/PYInvestmentIncomeAmt01240749
IRS990/PYOtherExpensesAmt06467613
IRS990/PYOtherRevenueAmt0-6967
IRS990/PYProgramServiceRevenueAmt010912692
IRS990/PYRevenuesLessExpensesAmt01069895
IRS990/PYSalariesCompEmpBnftPaidAmt04598966
IRS990/PYTotalExpensesAmt011076579
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012146474
IRS990/ReconcilationRevenueExpnssAmt02454210
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt04067
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020348340
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt024497417
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02115565
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05737395
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04980909
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01120619
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06101528
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0384799
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02192220
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02577019
IRS990ScheduleD/ExpensesNotReportedAmt09133
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt03000
IRS990ScheduleD/ExpensesSubtotalAmt012634910
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt013894443
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1185
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Alloya Corporate Federal Credit Union
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Corporate Credit Union
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt01743230
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01743230
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03553
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0732655
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0736208
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt09133
IRS990ScheduleD/OtherExpensesNotIncludedAmt03000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt030069
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030069
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0210163112
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member Shares
IRS990ScheduleD/OtherRevenueAmt0-3000
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-9133
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt09061435
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt128904000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2200
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3352400
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4113150
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt5670816
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt64576272
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7246880
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt88214160
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt92613298
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt10232133
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Federal Agency Securities
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Certificates of Deposit
IRS990ScheduleD/OtherSecuritiesGrp/Desc2Co-Op Network Stock
IRS990ScheduleD/OtherSecuritiesGrp/Desc3FHLB Stock
IRS990ScheduleD/OtherSecuritiesGrp/Desc4CU Solutions Group Stock
IRS990ScheduleD/OtherSecuritiesGrp/Desc5Member First Mortgage Investment
IRS990ScheduleD/OtherSecuritiesGrp/Desc6Corporate Bonds
IRS990ScheduleD/OtherSecuritiesGrp/Desc7Municipal Bonds
IRS990ScheduleD/OtherSecuritiesGrp/Desc8CMOs
IRS990ScheduleD/OtherSecuritiesGrp/Desc9Insurance Investments
IRS990ScheduleD/OtherSecuritiesGrp/Desc10Merger Investments
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd8F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd9C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd10F
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt0-3000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-9133
IRS990ScheduleD/RevenueSubtotalAmt015101253
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0OREO Writedowns included in Income on Financial Statements, Expense on 990 -3,000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental Expenses included in Revenue on 990, Expense on Financial Statements -9,133
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Rental Expenses included in Revenue on 990, Expense on Financial Statements 9,133
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3OREO Writedowns included in Income on Financial Statements, Expense on 990 3,000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part XI, Line 4b

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$239,040,778
Liabilities
$214,543,361
Net assets
$24,497,417
Revenue
$15,092,120
Expenses
$12,637,910
Net income
$2,454,210
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$419$380$39.3$31.8$29.5$2.31
2023Detailed filing. Detailed filing data is available for this year.$416$381$34.1$30.6$26.9$3.76
2022Detailed filing. Detailed filing data is available for this year.$392$364$27.9$20.5$19.4$1.08
2021Detailed filing. Detailed filing data is available for this year.$367$330$37.7$22.3$18.6$3.68
2020Detailed filing. Detailed filing data is available for this year.$337$304$33.4$19.4$18.6$0.80
2019Detailed filing. Detailed filing data is available for this year.$293$260$32.9$23.0$21.0$2.03
2018Detailed filing. Detailed filing data is available for this year.$286$255$31.4$19.0$16.9$2.02
2017Detailed filing. Detailed filing data is available for this year.$269$241$27.9$16.8$13.6$3.22
2016Detailed filing. Detailed filing data is available for this year.$239$215$24.5$15.1$12.6$2.45
2015Detailed filing. Detailed filing data is available for this year.$156$136$20.3$12.1$11.1$1.07
2014Detailed filing. Detailed filing data is available for this year.$148$128$20.2$11.6$9.78$1.81
2013Detailed filing. Detailed filing data is available for this year.$139$122$16.8$11.6$9.78$1.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$134$117$17.3$10.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$132$116$16.4$9.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$125$109$15.7$9.61
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)14 • $100M-$250M nonprofits