Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2016 • EIN 38-1480245

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 16, 2017

Organization ProfileWWW.UNITEDECU.COM
115 Riverside DrBattle Creek, MI 49015

(800) 648-8035

Siviq Scores

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

Liabilities / Assets

66th percentile

0.91x

Higher debt load relative to assets than 66% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

23.40x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

50th percentile

11%

Higher net margin than 50% of similar nonprofits.

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

Top Officer Pay

19th percentile

$145,774

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

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

Asset Growth

95th percentile

14%

Faster asset growth than 95% of similar nonprofits.

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

Revenue Growth

91st percentile

16%

Faster revenue growth than 91% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$143,005,495

Up $17,875,592 (+14%) from 2015

Net Assets

Up

$13,373,503

Up $1,807,558 (+16%) from 2015

Liabilities

Up

$129,631,992

Up $16,068,034 (+14%) from 2015

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin50th percentile

Revenue

Up

$5,538,876

Up $777,322 (+16%) from 2015

Expenses

Up

$4,940,754

Up $571,275 (+13%) from 2015

Net Income

Up

$598,122

Up $206,047 (+53%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$400M$300M$200M$100M$0Assets 2010: $104,333,910Liabilities 2010: $95,312,341Net Assets 2010: $9,021,5692010Assets 2011: $110,174,603Liabilities 2011: $100,259,960Net Assets 2011: $9,914,6432011Assets 2012: $113,537,909Liabilities 2012: $102,832,454Net Assets 2012: $10,705,4552012Assets 2013: $116,360,929Liabilities 2013: $106,464,732Net Assets 2013: $9,896,1972013Assets 2014: $117,226,701Liabilities 2014: $106,060,712Net Assets 2014: $11,165,9892014Assets 2015: $125,129,903Liabilities 2015: $113,563,958Net Assets 2015: $11,565,9452015Assets 2016: $143,005,495Liabilities 2016: $129,631,992Net Assets 2016: $13,373,5032016Assets 2017: $141,418,411Liabilities 2017: $127,685,946Net Assets 2017: $13,732,4652017Assets 2018: $173,046,159Liabilities 2018: $156,568,061Net Assets 2018: $16,478,0982018Assets 2019: $179,407,752Liabilities 2019: $162,482,346Net Assets 2019: $16,925,4062019Assets 2020: $215,814,531Liabilities 2020: $198,313,463Net Assets 2020: $17,501,0682020Assets 2021: $224,804,382Liabilities 2021: $206,588,993Net Assets 2021: $18,215,3892021Assets 2022: $222,746,006Liabilities 2022: $204,744,291Net Assets 2022: $18,001,7152022Assets 2023: $224,315,902Liabilities 2023: $204,073,087Net Assets 2023: $20,242,8152023Assets 2024: $364,563,300Liabilities 2024: $327,812,474Net Assets 2024: $36,750,8262024

Highlighted filing

2016

Assets$143,005,495
Liabilities$129,631,992
Net Assets$13,373,503
Open 2016 Filing

Operations Trend

Revenue Growth91st percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $4,896,8192010Expenses 2011: $4,779,1752011Expenses 2012: $4,369,7942012Revenue 2013: $4,553,366Expenses 2013: $3,957,622Net Income 2013: $595,7442013Revenue 2014: $4,824,417Expenses 2014: $4,139,232Net Income 2014: $685,1852014Revenue 2015: $4,761,554Expenses 2015: $4,369,479Net Income 2015: $392,0752015Revenue 2016: $5,538,876Expenses 2016: $4,940,754Net Income 2016: $598,1222016Revenue 2017: $6,507,194Expenses 2017: $6,023,150Net Income 2017: $484,0442017Revenue 2018: $10,509,831Expenses 2018: $9,885,542Net Income 2018: $624,2892018Revenue 2019: $10,762,798Expenses 2019: $10,958,538Net Income 2019: -$195,7402019Revenue 2020: $11,872,214Expenses 2020: $11,747,035Net Income 2020: $125,1792020Revenue 2021: $12,892,279Expenses 2021: $11,999,280Net Income 2021: $892,9992021Revenue 2022: $13,169,848Expenses 2022: $12,477,470Net Income 2022: $692,3782022Revenue 2023: $18,467,433Expenses 2023: $15,279,739Net Income 2023: $3,187,6942023Revenue 2024: $24,499,429Expenses 2024: $23,650,396Net Income 2024: $849,0332024

Highlighted filing

2016

Revenue$5,538,876
Expenses$4,940,754
Net Income$598,122
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 16, 2017
Return Version
2016v3.0
Gross Receipts
$11,952,256
Mission and Program Overview

Mission

"blueox credit union is the bridge that gives people hope that tomorrow can be a better day." blueox credit union is made up of honest people whose sole purpose is to take care of the financial needs of our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$50,861,487$63,356,554▲ $12,495,067
Investments in Publicly Traded Securities$38,938,691$32,750,407▼ $6,188,284
Savings and Temporary Cash Investments$12,847,291$19,150,820▲ $6,303,529
Investments Other Securities$15,536,734$19,094,300▲ $3,557,566
Rtn Earn Endowment Incm Other Fnds$11,565,945$13,373,503▲ $1,807,558
Land, Buildings, and Equipment, Net$1,537,433$2,672,810▲ $1,135,377
Cash and Non-Interest-Bearing Accounts$2,030,724$2,134,132▲ $103,408
Intangible Assets-$295,524-
Prepaid Expenses and Deferred Charges$77,258$108,170▲ $30,912
Accounts Receivable$107,150$39,340▼ $67,810
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$125,129,903$143,005,495▲ $17,875,592
Other Assets Total$3,193,135$3,403,438▲ $210,303
Liabilities
Other Liabilities$112,602,266$128,121,585▲ $15,519,319
Accounts Payable and Accrued Expenses$961,692$1,510,407▲ $548,715
Total Liabilities$113,563,958$129,631,992▲ $16,068,034
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,565,945$13,373,503▲ $1,807,558
Total Liabilities and Net Assets / Fund Balance$125,129,903$143,005,495▲ $17,875,592

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,890,264$1,270,939$3,161,203
Equipment$278,001$1,658,496$1,936,497
Land$504,545-$504,545
Other Securities$250,211--
Compensation and Service Providers
Top Officer Pay19th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
F GodfreyPresident/CEOFT$117,471$28,303$145,774
S CobbVice President/CFOFT$94,811$32,084$126,895
J JohnsonVice PresidentFT$81,984$26,001$107,985

Board Members and Trustees

NameTitle
J StantonChairman
A MumfordVice Chairman
B HodgsonDirector
D HicksDirector
D VoshellDirector
M DutcherDirector
M WallaceDirector
R HarveyDirector
J RattiSecretary
D DittmerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Schweitzer INCConstruction-remodel9807 BELLEVUE RD, Battle Creek, MI 49014$793,180
CuanswersCore Processor6000 28TH STREET SUITE 100, Grand Rapids, MI 49546$345,296
Cu Cooperative SystemsAtm/debit Services9692 HAVEN AVENUE, Rancho Cucamonga, CA 91730$219,295
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,582,636
Investment Income
$956,240
Other Revenue
$0
Change in Net Assets
$598,122

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,538,876
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,538,876
Total Revenue per Form 990
$5,538,876
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,850,208
Salaries, Compensation, and Employee Benefits$2,090,546
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,118,660
Interest---$443,550
Other Employee Benefits---$380,722
Current Officers, Directors, Trustees, and Key Employees---$380,654
Office Expenses---$311,040
Information Technology---$260,260
Advertising---$196,681
Payroll Taxes---$135,682
Other Expenses---$129,366
Depreciation Depletion---$119,211
Occupancy---$109,702
Fees for Services Other---$95,069
Conferences and Meetings---$85,908
All Other Expenses---$84,571
Pension Plan Contributions---$74,828
Fees for Services Management---$43,076
Fees for Services Accounting---$41,228
Insurance---$31,660
Fees for Services Legal---$27,766
Payments to Affiliates---$16,294
Travel---$13,216
Total Functional Expenses$0$0$0$4,940,754

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,940,754
Total Expenses per Audited Statements$4,940,754
Total Expenses per Form 990$4,940,754
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares$47,210,944
Money Market$36,604,083
Certificates$21,962,914
Share Drafts$19,293,882
Ira Shares$3,049,762
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The credit union has members.”

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

“The credit union membership may participate in the election of officials.”

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

“Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.”

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

“Upon receipt of the completed form 990, management reviews the document for accuracy and reasonableness. Once this review is completed, the form 990 is submitted to the board of directors of blueox credit union prior to the document being filed.”

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

“A list of related parties is compiled. Employees who are authorized to transact where a conflict might occur are restricted.”

Form 990, Part VI, Section B, Line 15

“The personnel committee of the board of directors reviews and approves the compensation.”

Form 990, Part VI, Section C, Line 19

“Governing documents and conflict of interest policies are not made available to the public. Financial statements are made available to the public on the ncua's website via the 5300 call report filing.”

Filing and Contact Details

Filer

Filer Name
Blueox Credit Union
EIN
38-1480245
Phone
8006488035
Address
115 RIVERSIDE DR, BATTLE CREEK, MI 49015

Signing Officer

Name
Douglas J Orth
Title
President/CEO
Phone
2699657281
Signed
2017-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fran Godfrey
Formed
1936
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
10
Employees
46
Volunteers
14

Preparer

Firm
Doeren Mayhew
Address
12060 S W 129TH COURT STE 201, MIAMI, FL 33186-4582
Preparer
Douglas J Orth
Phone
3052328272
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Reclassification adjustment for gains on afs included in net income 80,882. Equity acquired in business combination 1,128,554.”

Form 990, Part XII, Line 2C

“There were no changes in the process of the committee that assumes responsibility of the oversight of the audit and selection of the independent auditor.”

Financial Statement Notes

PART X, LINE 2:

“The credit union is exempt, by statute (internal revenue code section 501(c)(1), from federal income tax.”

Raw XML AppendixShowing 400 of 465 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT/CFO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt039578
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt06452958
IRS990/GrossReceiptsAmt011952256
IRS990/GroupExemptionNum01359
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0260260
IRS990/InsuranceGrp/TotalAmt031660
IRS990/IntangibleAssetsGrp/EOYAmt0295524
IRS990/InterestGrp/TotalAmt0443550
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0916662
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0916662
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt015536734
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt019094300
IRS990/InvestmentsPubTradedSecGrp/BOYAmt038938691
IRS990/InvestmentsPubTradedSecGrp/EOYAmt032750407
IRS990/IRPDocumentCnt03036
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt02672810
IRS990/LandBldgEquipCostOrOtherBssAmt05602245
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt06413380
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0"BLUEOX CREDIT UNION IS THE BRIDGE THAT GIVES PEOPLE HOPE THAT TOMORROW CAN BE A BETTER DAY." BLUEOX CREDIT UNION IS MADE UP OF HONEST PEOPLE WHOSE SOLE PURPOSE IS TO TAKE CARE OF THE FINANCIAL NEEDS OF OUR MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt011565945
IRS990/NetAssetsOrFundBalancesEOYAmt013373503
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt039578
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt039578
IRS990/NetUnrelatedBusTxblIncmAmt0-722
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0109702
IRS990/OfficeExpensesGrp/TotalAmt0311040
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03193135
IRS990/OtherAssetsTotalGrp/EOYAmt03403438
IRS990/OtherChangesInNetAssetsAmt01209436
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0380722
IRS990/OtherExpensesGrp/Desc0ATM/BANK SERVICE CHARGE
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2REPAIRS MAINTENANCE
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt0537877
IRS990/OtherExpensesGrp/TotalAmt1157729
IRS990/OtherExpensesGrp/TotalAmt2146004
IRS990/OtherExpensesGrp/TotalAmt3129366
IRS990/OtherLiabilitiesGrp/BOYAmt0112602266
IRS990/OtherLiabilitiesGrp/EOYAmt0128121585
IRS990/OtherSalariesAndWagesGrp/TotalAmt01118660
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt050861487
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt063356554
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt016294
IRS990/PayrollTaxesGrp/TotalAmt0135682
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt074828
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt077258
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0108170
IRS990/PrincipalOfficerNm0FRAN GODFREY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0INCOME ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES/CHARGES/OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2UNRELATED BUSINESS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02712922
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11861604
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02712922
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11861604
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28110
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt08110
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0901651
IRS990/PYOtherExpensesAmt02511933
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03859903
IRS990/PYRevenuesLessExpensesAmt0392075
IRS990/PYSalariesCompEmpBnftPaidAmt01857546
IRS990/PYTotalExpensesAmt04369479
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04761554
IRS990/ReconcilationRevenueExpnssAmt0598122
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt011565945
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt013373503
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012847291
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019150820
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01890264
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01270939
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03161203
IRS990ScheduleD/EquipmentGrp/BookValueAmt0278001
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01658496
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01936497
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04940754
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0504545
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0504545
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019293882
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt147210944
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt236604083
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33049762
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt421962914
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARE DRAFTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MONEY MARKET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3IRA SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4CERTIFICATES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0428489
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt117649000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2536600
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3230000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4250211
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FHLB STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc1LONG TERM CDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CENTRAL CORPORATE CU PPC
IRS990ScheduleD/OtherSecuritiesGrp/Desc3INVESTMENT IN CUSOS
IRS990ScheduleD/OtherSecuritiesGrp/Desc4CORPORATE NOTE
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05538876
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS EXEMPT, BY STATUTE (INTERNAL REVENUE CODE SECTION 501(C)(1), FROM FEDERAL INCOME TAX.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02672810
IRS990ScheduleD/TotalBookValueSecuritiesAmt019094300
IRS990ScheduleD/TotalExpensesPerForm990Amt04940754
IRS990ScheduleD/TotalLiabilityAmt0128121585
IRS990ScheduleD/TotalRevenuePerForm990Amt05538876
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05538876
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04940754
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF OFFICIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON RECEIPT OF THE COMPLETED FORM 990, MANAGEMENT REVIEWS THE DOCUMENT FOR ACCURACY AND REASONABLENESS. ONCE THIS REVIEW IS COMPLETED, THE FORM 990 IS SUBMITTED TO THE BOARD OF DIRECTORS OF BLUEOX CREDIT UNION PRIOR TO THE DOCUMENT BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A LIST OF RELATED PARTIES IS COMPILED. EMPLOYEES WHO ARE AUTHORIZED TO TRANSACT WHERE A CONFLICT MIGHT OCCUR ARE RESTRICTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THE NCUA'S WEBSITE VIA THE 5300 CALL REPORT FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7RECLASSIFICATION ADJUSTMENT FOR GAINS ON AFS INCLUDED IN NET INCOME 80,882. EQUITY ACQUIRED IN BUSINESS COMBINATION 1,128,554.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0125129903
IRS990/TotalAssetsEOYAmt0143005495
IRS990/TotalAssetsGrp/BOYAmt0125129903
IRS990/TotalAssetsGrp/EOYAmt0143005495
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt046

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$143,005,495
Liabilities
$129,631,992
Net assets
$13,373,503
Revenue
$5,538,876
Expenses
$4,940,754
Net income
$598,122
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$365$328$36.8$24.5$23.7$0.85
2023Detailed filing. Detailed filing data is available for this year.$224$204$20.2$18.5$15.3$3.19
2022Detailed filing. Detailed filing data is available for this year.$223$205$18.0$13.2$12.5$0.69
2021Detailed filing. Detailed filing data is available for this year.$225$207$18.2$12.9$12.0$0.89
2020Detailed filing. Detailed filing data is available for this year.$216$198$17.5$11.9$11.7$0.13
2019Detailed filing. Detailed filing data is available for this year.$179$162$16.9$10.8$11.0$0.20
2018Detailed filing. Detailed filing data is available for this year.$173$157$16.5$10.5$9.89$0.62
2017Detailed filing. Detailed filing data is available for this year.$141$128$13.7$6.51$6.02$0.48
2016Detailed filing. Detailed filing data is available for this year.$143$130$13.4$5.54$4.94$0.60
2015Summary only. Only limited summary data is available for this year.$125$114$11.6$4.76$4.37$0.39
2014Detailed filing. Detailed filing data is available for this year.$117$106$11.2$4.82$4.14$0.69
2013Detailed filing. Detailed filing data is available for this year.$116$106$9.90$4.55$3.96$0.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$103$10.7$4.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$110$100$9.91$4.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$104$95.3$9.02$4.90