Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2020 • EIN 38-1480245

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

Organization ProfileWWW.BLUEOXCU.ORG
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

82nd percentile

0.92x

Higher debt load relative to assets than 82% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

16.70x

Higher debt load relative to revenue than 27% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Net Margin

12th percentile

1.1%

Higher net margin than 12% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

81st percentile

$299,824

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2020

Asset Growth

75th percentile

20%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

94th percentile

10%

Faster revenue growth than 94% of similar nonprofits.

2020 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$215,814,531

Up $36,406,779 (+20%) from 2019

Net Assets

Up

$17,501,068

Up $575,662 (+3.4%) from 2019

Liabilities

Up

$198,313,463

Up $35,831,117 (+22%) from 2019

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin12th percentile

Revenue

Up

$11,872,214

Up $1,109,416 (+10%) from 2019

Expenses

Up

$11,747,035

Up $788,497 (+7.2%) from 2019

Net Income

Up

$125,179

Up $320,919 (+164%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth75th 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

2020

Assets$215,814,531
Liabilities$198,313,463
Net Assets$17,501,068
Open 2020 Filing

Operations Trend

Revenue Growth94th 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

2020

Revenue$11,872,214
Expenses$11,747,035
Net Income$125,179
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$34,713,042
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.

Blueox credit union's mission is to provide quality financial services that will improve and make a difference in the lives of our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$114,319,827$169,121,876▲ $54,802,049
Rtn Earn Endowment Incm Other Fnds$16,925,406$17,501,068▲ $575,662
Savings and Temporary Cash Investments$25,384,357$12,231,049▼ $13,153,308
Investments in Publicly Traded Securities$15,867,843$11,307,086▼ $4,560,757
Land, Buildings, and Equipment, Net$5,196,521$5,702,952▲ $506,431
Investments Other Securities$9,633,689$4,808,026▼ $4,825,663
Cash and Non-Interest-Bearing Accounts$2,471,835$3,403,842▲ $932,007
Intangible Assets$376,651$444,942▲ $68,291
Prepaid Expenses and Deferred Charges$225,140$313,424▲ $88,284
Accounts Receivable$65,445$308,904▲ $243,459
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$179,407,752$215,814,531▲ $36,406,779
Other Assets Total$5,866,444$8,172,430▲ $2,305,986
Liabilities
Other Liabilities$161,228,547$196,071,697▲ $34,843,150
Accounts Payable and Accrued Expenses$1,253,799$2,241,766▲ $987,967
Total Liabilities$162,482,346$198,313,463▲ $35,831,117
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,925,406$17,501,068▲ $575,662
Total Liabilities and Net Assets / Fund Balance$179,407,752$215,814,531▲ $36,406,779

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,126,390$1,650,388$5,776,778
Equipment$532,620$1,866,052$2,398,672
Land$966,499-$966,499
Other Land Buildings$77,443$254,564$332,007
Leasehold Improvements$0$6,581$6,581
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
F GodfreyCEOFT$175,924$123,900$299,824
S CobbPresidentFT$181,445$37,314$218,759
Ashley SlaterContact Center ManagerFT$125,063$6,208$131,271
J RoodVP Accounting/financeFT$23,601$3,378$26,979

Board Members and Trustees

NameTitle
J StantonDirector/chairperson
A MumfordDirector/vice Chairperson
T JohnsomAssociate Director
D HicksDirector
D VoshellDirector
F HetherwickDirector
J MassDirector
J RattiDirector
M DutcherDirector
M WallaceDirector
J KirkpatrickDirector/secretary
D DittmerDirector/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
CuanswersCore Processor6000 28TH STREET SUITE 100, Grand Rapids, MI 49546$740,381
FisDebit/credit Processor601 RIVERSIDE AVE, Jacksonville, FL 32202$538,293
Vantiv-worldpay-fisCredit Card Processing601 RIVERSIDE AVE, Jacksonville, FL 32204$102,207
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,731,752
Investment Income
$1,100,729
Other Revenue
$39,733
Change in Net Assets
$125,179

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,872,214
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$15,944
Total Revenue per Audited Statements
$11,888,158
Total Revenue per Form 990
$11,872,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,078,325
Salaries, Compensation, and Employee Benefits$5,668,710
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,767,483
Interest---$685,102
Other Employee Benefits---$656,330
Office Expenses---$548,959
Current Officers, Directors, Trustees, and Key Employees---$545,562
Information Technology---$391,126
Pension Plan Contributions---$387,745
Fees for Services Other---$338,762
Advertising---$318,290
Payroll Taxes---$311,590
Depreciation Depletion---$307,356
Other Expenses---$265,511
All Other Expenses---$253,040
Occupancy---$224,527
Fees for Services Legal---$151,349
Conferences and Meetings---$95,466
Insurance---$48,438
Travel---$37,705
Fees for Services Accounting---$27,617
Payments to Affiliates---$25,876
Total Functional Expenses$0$0$0$11,747,035

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,762,979
Expenses per Audited Statements$11,747,035
Total Expenses per Form 990$11,747,035
Expenses Not Reported on Form 990$15,944
Expenses Not Reported on Financial Statements$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$90,425,103
Money Market$46,609,583
Share Drafts$34,408,421
Certificates$21,806,214
Ira Shares$2,822,376
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 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
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 governing body is infomed that the form has been filed with the irs and a copy is available upon request.”

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
John Rood
Title
VP Accounting/finance
Phone
2699657281
Signed
2021-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven J Cobb
Formed
1936
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
121
Volunteers
12

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 IX, Line 24E

“Other expenses 171,469. Atm/debit fraud 81,571.”

FORM 990, PART XI, LINE 9:

“Equity acquired through business combination 420,767.”

Form 990, Part XII, Line 2C

“With the change in the michigan credit union act, we were able to eliminate the external supervisory committee. The supervisory committee is now comprised of members of blueox credit union's board of directors.”

Financial Statement Notes

PART X, LINE 2:

“Income taxes the credit union is exempt, by statute, from federal income taxes on income related to the exempt purpose of the credit union.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses reported net of revenue in form 990 but as expenses within the audited financial statements”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses reported net of revenue in form 990 but as expenses within the audited financial statements”

Raw XML AppendixShowing 400 of 535 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/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12175924
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13181445
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1423601
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15125063
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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR/VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR/CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASSOCIATE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP ACCOUNTING/FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt15CONTACT CENTER MANAGER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0450875
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt023275759
IRS990/GrossReceiptsAmt034713042
IRS990/GrossRentsGrp/RealAmt055677
IRS990/GroupExemptionNum01359
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0391126
IRS990/InsuranceGrp/TotalAmt048438
IRS990/IntangibleAssetsGrp/BOYAmt0376651
IRS990/IntangibleAssetsGrp/EOYAmt0444942
IRS990/InterestGrp/TotalAmt0685102
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0649854
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0649854
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt09633689
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt04808026
IRS990/InvestmentsPubTradedSecGrp/BOYAmt015867843
IRS990/InvestmentsPubTradedSecGrp/EOYAmt011307086
IRS990/IRPDocumentCnt04296
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03777585
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05196521
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05702952
IRS990/LandBldgEquipCostOrOtherBssAmt09480537
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt022824884
IRS990/LessRentalExpensesGrp/RealAmt015944
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BLUEOX CREDIT UNION WAS FOUNDED UPON THE SEVEN COOPERATIVE PRINCIPLES BASED IN THE PHILOSOPHY OF COOPERATION AND THE CENTRAL VALUES OF EQUALITY, EQUITY AND MUTUAL SELF-HELP. BLUEOX CREDIT UNION'S MISSION STATEMENT ILLUSTRATES THE BROTHERHOOD OF MAN THROUGH PEOPLE WORKING TOGETHER TO ACHIEVE A BETTER LIFE FOR THEMSELVES AND THEIR COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016925406
IRS990/NetAssetsOrFundBalancesEOYAmt017501068
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0450875
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0450875
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt039733
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt039733
IRS990/NetUnrelatedBusTxblIncmAmt015806
IRS990/NetUnrlzdGainsLossesInvstAmt029716
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0224527
IRS990/OfficeExpensesGrp/TotalAmt0548959
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05866444
IRS990/OtherAssetsTotalGrp/EOYAmt08172430
IRS990/OtherChangesInNetAssetsAmt0420767
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0656330
IRS990/OtherExpensesGrp/Desc0ATM/BANK SERVICE CHARGE
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3REPAIRS MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt01026023
IRS990/OtherExpensesGrp/TotalAmt1721050
IRS990/OtherExpensesGrp/TotalAmt2612128
IRS990/OtherExpensesGrp/TotalAmt3265511
IRS990/OtherLiabilitiesGrp/BOYAmt0161228547
IRS990/OtherLiabilitiesGrp/EOYAmt0196071697
IRS990/OtherSalariesAndWagesGrp/TotalAmt03767483
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0114319827
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0169121876
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt025876
IRS990/PayrollTaxesGrp/TotalAmt0311590
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0387745
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0225140
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0313424
IRS990/PrincipalOfficerNm0STEVEN J COBB
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2520000
IRS990/ProgramServiceRevenueGrp/Desc0INCOME ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES/CHARGES/OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2FINANCE & INSURANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07239462
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13434315
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07239462
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13434315
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt257975
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt057975
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01130856
IRS990/PYOtherExpensesAmt06438570
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt09631942
IRS990/PYRevenuesLessExpensesAmt0-195740
IRS990/PYSalariesCompEmpBnftPaidAmt04519968
IRS990/PYTotalExpensesAmt010958538
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010762798
IRS990/ReconcilationRevenueExpnssAmt0125179
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt039733
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt016925406
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt017501068
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025384357
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012231049
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04126390
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01650388
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05776778
IRS990ScheduleD/EquipmentGrp/BookValueAmt0532620
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01866052
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02398672
IRS990ScheduleD/ExpensesNotReportedAmt015944
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011747035
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0966499
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0966499
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06581
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06581
IRS990ScheduleD/OtherExpensesIncludedAmt015944
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt077443
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0254564
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0332007
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034408421
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt190425103
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt246609583
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32822376
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt421806214
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARE DRAFTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MONEY MARKET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3IRA SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4CERTIFICATES
IRS990ScheduleD/OtherRevenueAmt015944
IRS990ScheduleD/RevenueNotReportedAmt015944
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011872214
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES THE CREDIT UNION IS EXEMPT, BY STATUTE, FROM FEDERAL INCOME TAXES ON INCOME RELATED TO THE EXEMPT PURPOSE OF THE CREDIT UNION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES REPORTED NET OF REVENUE IN FORM 990 BUT AS EXPENSES WITHIN THE AUDITED FINANCIAL STATEMENTS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES REPORTED NET OF REVENUE IN FORM 990 BUT AS EXPENSES WITHIN THE AUDITED FINANCIAL STATEMENTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05702952
IRS990ScheduleD/TotalExpensesPerForm990Amt011747035
IRS990ScheduleD/TotalLiabilityAmt0196071697
IRS990ScheduleD/TotalRevenuePerForm990Amt011872214
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011888158
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011762979
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0175924
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1181445
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$215,814,531
Liabilities
$198,313,463
Net assets
$17,501,068
Revenue
$11,872,214
Expenses
$11,747,035
Net income
$125,179
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